Business Reserve
5.11
- No notice, charge free access to your money
- Invest £10,000 or more
Key features of Business Reserve:
- Available to Private and Public Limited Companies, limited liability partnerships, partnerships and sole traders
- No notice, charge-free access to your money
- Ideal for businesses wanting to make the most of their surplus funds of £10,000 or more
- Interest is calculated daily and paid monthly
- AER is guaranteed to be no lower than 0.25% below the UK Bank Base Rate until 1 January 2010
- Charge-free withdrawals (minimum £1,000)
1.AER stands for the Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.
© Northern Rock plc. 2008