Easy access to your money
If you want to be able to access your business savings at short notice, then our direct access savings accounts are just for you.
- Earn an even higher rate of interest in return for transacting online.
- Tiered interest rates mean the more you save, the more you earn.
We have 2 different accounts for you to choose from:
| |
Interest rates (AERs) |
Notice required |
Access to money |
Premium Direct Access Account |
Tiered rates from 1.37% - 1.77%
variable gross pa/AER. See all rates |
No notice period applies when making withdrawals |
Online banking and limited telephone banking (limited to 3 telephone withdrawals per year) |
| Direct Access Account |
Tiered rates from 0.80% - 1.05
variable gross pa/AER. See all rates |
No notice period applies when making withdrawals |
Online banking and unlimited telephone banking |
The Facts
- Rates correct as at 12 March 2009, subject to variation.
- Withdrawals made by electronic transfer via your external account will
normally take three working days to clear. In exceptional cases, we may
permit same day withdrawals, the current fee for this service is £28.
- Account holders must be over the age of 16 and resident (and in the case of a limited company, incorporated) in the UK at the time of opening an account.
- Business accounts opened by registered or recognised charities, occupational pension scheme trustees, limited companies, clubs and societies may have interest paid gross.
- If you make more than three telephone withdrawals per year with Premium Accounts there is an Excess Telephone Charge of £50.
- Gross means the rate of interest paid without the deduction of tax, if applicable.
- AER means Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
- The interest payable in relation to savings accounts depends on the individual circumstances of each customer and may be subject to change in the future.
- For all accounts, you can choose whether interest is to be paid monthly or yearly.
- Standard Life Cash Savings savings accounts are covered by the Financial Services Compensation Scheme