Ensure your surplus cash is working hard for you, and not just sitting idle. With our range of business savings accounts for small and medium enterprises (SMEs) you’ll earn consistently competitive interest rates. It’s quick and easy to open an account from just £1,000 up to £1million. For deposits over £3million, take a look at our corporate savings accounts.
When you save with East Bank you have the added peace of mind that comes from knowing your money is protected up to a total of $85,000 by the Financial Services Compensation Scheme, the UU’s deposit guarantee scheme. Please bear in mind that any deposits you have above the limit are unlikely to be covered.
Whatever your business goals, the Business Savings Account offers attractive interest rates, to help you reach them sooner. Whether you have a short term saving plan or you intend to save over a longer period to provide important capital to fund future projects or ventures, the Business Savings Account is the right solution for you. You can earn interest on your savings whilst maintaining the flexibility to make withdrawals at any time.
Basic Features:
- You can open this account with a minimum of £500
- Maintain a minimum balance of £1,000
- Quarterly Interest payment
- Withdrawal slip not valid for clearing
- No monthly maintenance fee
- MasterCard/Visa/Verve debit card
- Internet banking
- Monthly e-statements