Reserve for Businesses and Community Organisations

Our Reserve Savings Account for Business and Community Organisations is a simple way to separate your surplus funds from your everyday cash. It's ideal if you're saving to make a purchase or putting aside funds to pay your bills.

• Instant access - your funds aren't tied up for any period of time
• No minimum balance - save from just £1 up to £2 million
• No charges - and no penalties when you withdraw funds
• Daily interest - calculated on your daily balance and credited to your account every quarter

• Easy to manage - you can easily transfer funds to and from your business current account using online banking
• No loss of interest - when you transfer funds in from your current account you start earning interest right away

Reserve Savings Account for Businesses and Community Organisations interest rates

Rates effective from March 19 2009.

Interest rates
Gross is the interest rate paid before the deduction of tax.
AER (Annual Equivalent Rate) illustrates what the interest rate would be if paid and compounded each year.
Rates are correct as at date of publication but subject to variation.
Interest is calculated daily and paid quarterly.