Business Plus Current Account
Convenient, straightforward business banking
Ideal for customers who prefer to bank online and by phone, our Business Plus current account is an interest paying current account designed for businesses that make fewer banking transactions.
If you do most of your business banking online and on the telephone, Business Plus could be just what you need.
What does it cost?
The monthly account management fee is £5. Additional charges apply when you withdraw cash or pay in cash or cheques at a branch.
Easy account opening
Whether you’re starting your first business, upgrading your account or switching from another bank, we help make it easy for you. You can apply online or at your local branch.
Switching made easy
For established businesses, our dedicated switching team will help you every step of the way.
- Convenient - manage your day to day transactions over the phone or online
- Branch access - use our branches to pay in cash and cheques and withdraw cash
- Support - access to your Relationship Manager
- Credit interest - earn interest when your account is in credit
- Free automated transactions - most automated transactions are free of charge
- Cards - our combination of credit and debit cards can make business expenditure easier to track and manage
- Loans, savings and more - apply for an overdraft, a loan or one of our business savings accounts
Business Plus Tariff (PDF, 220KB)
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Charging Periods
Charges for the services you’ve used are applied monthly and you'll be given at least 14 days' notice of the amounts to be charged, including details of our calculations.
If you have to pay account charges in any of the charging periods shown below (left hand column), we will debit them from your account on the dates in the right hand column.
| Monthly charging periods | Date taken from your account |
|---|---|
| 5 November - 2 December 2011 | 30 December 2011 |
| 3 December - 30 December 2011 | 31 January 2012 |
| 31 December – 3 February 2012 | 29 February 2012 |
| 4 February – 2 March 2012 | 30 March 2012 |
| 3 March – 30 March 2012 | 30 April 2012 |
| 31 March – 4 May 2012 | 31 May 2012 |
| 5 May – 1 June 2012 | 29 June 2012 |
| 2 June – 29 June 2012 | 31 July 2012 |
| 30 June – 3 August 2012 | 31 August 2012 |
| 4 August – 31 August 2012 | 28 September 2012 |
| 1 September – 28 September 2012 | 31 October 2012 |
| 29 September – 2 November 2012 | 30 November 2012 |
| 3 November – 30 November 2012 | 31 December 2012 |
| 1 December – 4 January 2013 | 31 January 2013 |
| Quarterly charging periods | Date taken from your account |
| 3 September – 2 December 2011 | 30 December 2011 |
| 3 December 2011 – 2 March 2012 | 30 March 2012 |
| 3 March – 1 June 2012 | 29 June 2012 |
| 2 June – 31 August 2012 | 28 September 2012 |
| 1 September – 30 November 2012 | 31 December 2012 |
It's not our general policy to pay legal and valuation charges.
Business Plus Rates
Rates effective from 19th March 2009
| Gross rate % | AER % | Net rate % | |
|---|---|---|---|
| £0 - £1,999 | 0.05 | 0.05 | 0.04 |
| £2,000 - £9,999 | 0.05 | 0.05 | 0.04 |
| £10,000 - £24,999 | 0.05 | 0.05 | 0.04 |
| £25,000 - £99,999 | 0.05 | 0.05 | 0.04 |
| £100,000 - £249,999 | 0.05 | 0.05 | 0.04 |
| £250,000+ | 0.05 | 0.05 | 0.04 |
Annual Equivalent Rate (AER) illustrates what the interest rate would be if paid and compounded each year.
Net is the interest rate paid after the deduction of tax.
Apply now
Call us on
0800 096 8334
Minicom
0800 404 6161
Lines are open: Mon to Fri
8am-7pm (excl. public holidays).
Calls may be recorded
