Business · Checked against Redwood Bank’s own page
Redwood Bank 95 Day Business Savings Account: 4.05% AER on business savings
Redwood Bank 95 Day Business Savings Account: 4.05% AER on business savings. You need at least £10,000 to open it, and every withdrawal takes 95 days' notice.
4.05%
AER on business savings
- Withdrawals with 95 days' notice. Pay in from £10,000 up to £1 million.
Worth knowing
You need at least £10,000 to open it, and every withdrawal takes 95 days' notice.
No commission
The details
- Account type
- Savings
- Who can open it
- Both
- Cash handling
- Withdrawals with 95 days' notice. Pay in from £10,000 up to £1 million.
- Worth knowing
- 4.05% AER variable · 95 days' notice
- Protection
- Eligible deposits covered by the FSCS up to £120k (Redwood's own wording).
- Details
- 4.05% AER (variable) with withdrawals on 95 days' notice. Pay in from £10,000 up to £1 million, with up to four authorised users. Available to UK-based businesses: limited companies, partnerships, LLPs and sole traders, charities, associations, clubs and societies.
- Source
- Redwood Bank's own page Checked 25 Aug · No commission
How it compares
2nd of 4 by rate, among the business savings accounts MoneyHQ has checked.
| Account | Rate | The terms | Checked |
|---|---|---|---|
| Shawbrook 1 Year Fixed Rate Business Bond | 4.70% AER | See the offer | 6 Sept |
| Redwood Bank 95 Day Business Savings Account (this offer) | 4.05% AER | 4.05% AER variable · 95 days' notice | 25 Aug |
| Allica Bank 12-Month Fixed-Rate Business Savings | 4.00% AER | 4.00% AER fixed for one year | 25 Aug |
| Allica Bank Easy Access Business Savings | 2.80% AER | 2.80% AER variable · withdraw anytime | 25 Aug |
Every figure is from each provider's own page, checked on the date shown on that offer. MoneyHQ orders this table by rate alone; commission never changes the order.