Corporate Deposit

Key Features

  • Variable interest rate of 2.75% gross* p.a./AER**
  • Minimum interest rate guarantee of 1.00% gross* p.a./AER**
  • No notice withdrawals
  • View your account and send secure messages via our online service (restrictions apply)
  • Operation also available via free First Class Business Reply post
  • £5 minimum balance required to keep account open
  • The maximum investment is £500,000
  • Interest payable on 31 December
  • Statements issued annually in January
  • This Deposit account has no voting rights

*We pay all savings interest gross, which means that no tax is deducted. It's your responsibility to pay any tax due, based on your individual circumstances. Tax rules may change in future.

**AER stands for Annual Equivalent Rate and provides a means of comparing interest rates by showing what the rate would be if interest was paid and added once a year.