Best business deposit account?

MickKnipfler

Where can I get the bst deal? I've got too much in my current account (with Abbey), and need to put it somewhere I get a better rate of interest.....


Thanks

martindow

Abbey do have the option of a linked Reserve savings account which pays more interest than the current account. It won't be the top rate that you could get but is convenient as you can easily move money to and fro on line or by phone.

MickKnipfler

I'll check what their rate is. I don't ned to move money around too much as my business doesn't have many overheads. I was wondering if I may get a better rate of interest elsewhere albiet maybe not so conveniently.

MickKnipfler

I thought there'd be a few more opinions on this?

mikewebs

Our church uses a bank called Investec reasonable rate of return and we get a cheque book for instant withdrawals

Slinky

I've got mine with RBS Business banking direct. No charges, everything done over the net and through the post. I think the deposit account pays between 3-4%

stamford

MickKnipfler wrote: »

Where can I get the bst deal? I've got too much in my current account (with Abbey), and need to put it somewhere I get a better rate of interest.....


Thanks

I've got a Shabby Business Reserve Account - you can switch funds instantly on line to & from your normal Shabby business current account.

Interest rates are here

http://www.anbusiness.com/services/charges_interest.shtml

MickKnipfler

Thanks guys. Northern Rock is looking best at the mo but I do need to keep £10k in there