Business Bank Deposit Accounts

Some banks also now offer deposit accounts that allow you to access your cash instantly but limit the number of withdrawals that you can make without penalty. The rate of interest paid on these accounts tends to be a little higher than the interest rate you would receive on an instant access Business Bank Deposit Accounts. The next best rate on an instant access deposit account is from Bank of Scotland who currently offer the Bank of England base rate (1%). Again, the interest rate can change at any time so for up to date rates call them on 0845 850 1726.

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