Have a look at the rates you could be earning when you open a Business Bonus Savings Account.
| Balance |
Interest paid yearly |
Interest paid monthly |
Gross/
AER % |
Net % |
Gross % |
Net% |
AER % |
£1,000 - £10,000,000
(during bonus period - until 20 April 2009) |
5.25 |
4.20 |
5.12 |
4.10 |
5.25 |
£1,000 - £10,000,000
(from 21 April 2009) |
3.65 |
2.92 |
3.59 |
2.87 |
3.65 |
The Facts
- Interest rates effective from 20 October 2008, subject to variation.
- These rates only apply to Business Bonus Savings accounts opened after 20 October 2008. See our previous
rates page for Business Bonus Savings Accounts opened before this date.
- Gross means the rate of interest paid without the deduction of tax, if applicable.
- AER means the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
- Net means the Gross interest rate minus tax, at the current rate.
