Business Bank Account High Interest
Some high interest current accounts pay a better rate of interest than many savings accounts.
Business bank account high interest. Easy access to your money with online and mobile banking. Most of the big high street names offer a range of business bank accounts. High yield business savings accounts offer interest rates that are well above your typical savings account.
High interest on every dollar in your account. The bank s business premium savings account with a high yield 0 50 apy can be opened with a 25 000 minimum deposit. But that model is being increasingly challenged by high yield savings accounts which offer dramatically higher interest rates in exchange for holding your savings at a separate bank.
Who offers business bank accounts. The fees business owners can expect to pay for a transaction account can be determined by factors including business type transactional behaviour and required account features. Bank of scotland barclays clydesdale bank hsbc lloyds bank metro bank natwest royal bank of scotland santander the co operative bank tsb and yorkshire bank.
While this account requires no minimum balance interest is only doled out on funds of. Earn a tiered rate of interest. Business savings accounts july 11th.
It s like a regular high interest savings account except it s for. Axos bank formerly known as bofi federal bank offers one of the top apy rates in our nationwide survey of business savings accounts. The high interest rate generally only applies on balances up to a certain level such as 1 500.
The minimum opening deposit is only 100 and there. The bank s igochecking high interest checking account is its sole checking account and offers a competitive 0 25 apy on any size balance. Top business savings and transaction accounts revealed.