Business banking - Gold Current Account
Key features
Our business bank accounts offers you:
- Low transaction costs – from 42p a cheque; standing orders from 14p and no monthly standing charges
- Interest added to your business bank account monthly – currently 2.52% AER
- Internet business banking facility so you can manage your money whenever you want
- A Visa debit card* you can use anywhere the VISA or Link sign is displayed. This is also a £100 cheque guarantee card (*for qualifying applicants only).
- Access to cash 24 hours a day through over 35,000 LINK money machines in the UK
- Clubs, societies and charities can qualify for free transaction charges
Business Gold Current Account is not a share account. This means that you will not become a member of the Society by opening a Business Gold Current Account.
| Current rates | Gross | Net | AER | |
|---|---|---|---|---|
| Current rates effective from 06/11/08. The rate of interest that we pay on this account may go up and down from time to time. | ||||
| Business Gold account | 2.00% | 1.60% | 2.02% | Apply |
Previous rates
| Gross | Net | AER | |
|---|---|---|---|
| Previous rates effective from 24/04/08. The interest rate that we pay on this account may go up and down from time to time. | |||
| Business Gold Account | 2.50% | 2.00% | 2.52% |
Charges comparison
Compare some of our charges below, and you'll see just how much money you could save.
Standard business banking charges (Small Business Tariff) of the four banks referred to are as published in Business Moneyfacts, November 2007. Other terms may vary. Ask staff for full details of our standard charges.
| Business Gold | Barclays | NatWest | Lloyds/TSB | HSBC | |
|---|---|---|---|---|---|
| Cheques debited | 42p | 59p | 67p | 60p | 60p |
| Standing Orders | 14p | 54p | 38p | 30p | 35p |
| Standing Charge (per month) | Nil | £9 per qtr | £5.75 | £3.00 | £3.00 |