It’s been a better few months for savers with interest rates on the up for the first time in a few years, but it’s not just personal customers who are benefitting from better savings deals, rates for business savings are looking healthier too.
Many businesses keep too much money in their current account rather than using some of it make a bit of interest on cash they don’t need immediately.
There are a range of savings options to suit all businesses, from instant access savings to notice accounts where you typically can access your cash in 1 to 3 months and then there are fixed rate bonds paying higher still returns if you’re able to lock some cash away for a little longer.
If you leave the money in the business current account then it’s your bank who benefits and not you, so why not make some of your money work for you by generating some additional interest income.
Here are some of the best deals available today 10th May:
Easy Access Savings
Notice Savings Accounts
Fixed Rate Savings (no early access)