3 Year Fixed Rate Business, Trust and Charity Bond
Issue 7
10/02/2020
1.75% Fixed
N/A
5 Year Fixed Rate Business, Trust and Charity Bond
Issue 8
20/03/2020
2.20% Fixed
N/A
The minimum balance for our current products is £10,000.
If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert in to an Easy Access Account which currently pays 0.50% Gross/AER Variable.
Please note: We allow existing customers with previous issue products (excluding fixed rate bonds) to transfer to current products subject to meeting the terms & conditions of the new account. Where the new product has a notice period equivalent to, or longer than, the previous issue product held, this can be done immediately without having to wait for the notice period to expire. To do this, please apply for the new product and then contact us to transfer the funds.
Historical Interest Rates
To see our historical interest rates for our previous issue products please click this link.
Previous issue products - Business Notice Accounts
31 Day Business Notice Accounts
Issue Number
Rate From
Annual Interest Rate
Gross/AER Variable
Monthly Interest Rate
Gross Variable
Issue 1, 2 & 4
04/02/2019
1.40%
1.39%
Issue 5
15/08/2018
1.30%
1.29%
Issue 6 ( previously 30 day Issue 1,2,3 & 4)
04/02/2019
1.40%
1.39%
45 Day Business Notice Accounts
Issue Number
Rate From
Annual Interest Rate
Gross/AER Variable
Monthly Interest Rate
Gross Variable
Issue 1
25/01/2019
1.40%
1.39%
60 Day Business Notice Accounts
Issue Number
Rate From
Annual Interest Rate
Gross/AER Variable
Monthly Interest Rate
Gross Variable
Issue 1, 2, 3 & 4
25/01/2019
1.40%
1.39%
95 Day Business Notice Accounts
Issue Number
Rate From
Annual Interest Rate
Gross/AER Variable
Monthly Interest Rate
Gross Variable
Issue 1, 2, 3, 4, 5 & 6
17/03/2020
1.50%
1.49%
Issue 7
15/08/2018
1.50%
1.49%
120 Day Business Notice Accounts
Issue Number
Rate From
Annual Interest Rate
Gross/AER Variable
Monthly Interest Rate
Gross Variable
Issue 1 & 2
01/11/2018
1.75%
1.74%
180 Day Business Notice Account
Issue Number
Rate From
Annual Interest Rate
Gross/AER Variable
Monthly Interest Rate
Gross Variable
Issue 1
16/08/2018
1.65%
1.64%
Issue 2
23/11/2018
1.55%
1.54%
Previous issue products - Fixed Rate Business Bonds
1 Year Business Fixed Rate Bond
Issue Number
Date Launched
Date Withdrawn
Annual Interest Rate Gross AER Fixed
Issue 19
22/06/2018
03/09/2018
2.10%
Issue 20
09/07/2018
15/11/2018
1.60%
Issue 21
15/11/2018
19/12/2018
1.70%
Issue 22
19/12/2018
09/01/2019
1.60%
If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert into an Easy Access Account which pays currently 0.50% Gross AER Variable.
13 Month Business Fixed Rate Bond
Issue Number
Date Launched
Date Withdrawn
Annual Interest Rate Gross AER Fixed
Issue 1
22/06/2018
08/07/2018
1.60%
Issue 2
09/07/2018
15/08/2018
1.70%
Issue 3
16/08/2018
15/11/2018
1.86%
If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert into an Easy Access Account which currently pays 0.50% Gross AER Variable.
2 Year Business Fixed Rate Bond
Issue Number
Date Launched
Date Withdrawn
Annual Interest Rate Gross AER Fixed
Issue 2
09/02/2018
08/07/2018
1.70%
Issue 3
09/07/2018
15/08/2018
1.85%
Issue 4
16/08/2018
19/12/2018
2.00%
Issue 5
19/12/2018
09/01/2019
1.80%
Issue 6
31/05/2019
30/11/2019
2.00%
Issue 7
02/12/2019
07/02/2020
1.80%
If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert into an Easy Access Account which currently pays 0.50% Gross AER Variable.
3 Year Fixed Rate Bond
Issue Number
Date Launched
Date Withdrawn
Annual Interest Rate Gross AER Fixed
Issue 1
01/09/2016
22/12/2016
1.90%
Issue 2
23/12/2016
26/01/2017
1.60%
Issue 3
27/01/2017
29/06/2017
1.40%
Issue 4
30/06/2017
21/06/2018
1.70%
Issue 5
09/02/2018
15/08/2018
2.00%
Issue 6
16/08/2018
19/12/2018
2.20%
If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert into an Easy Access Account which currently pays 0.50% Gross AER Variable.
5 Year Business Fixed Rate Bond
Issue Number
Date Launched
Date Withdrawn
Annual Interest Rate Gross AER Fixed
Issue 1
25/08/2015
11/08/2016
2.75%
Issue 2
16/10/2017
18/02/2018
2.20%
Issue 3
19/02/2018
15/08/2018
2.50%
Issue 4
16/08/2018
19/12/2018
2.75%
Issue 5
20/12/2018
17/01/2019
2.50%
Issue 6
18/01/2019
10/02/2020
2.50%
Issue 7
10/02/2020
19/03/2020
2.20%
If a Fixed Rate Bond has matured and we have not received any instructions to close or transfer the account, the Bond will convert into an Easy Access Account which currently pays 0.50% Gross AER Variable.
Previous issue products - Easy Access Accounts
Professional Practice Easy Access
Issue Number
Rate From
Annual Interest Rate
Gross/AER Variable
Monthly Interest Rate
Gross Variable
Issue 1 & 2
01/12/2017
1.15%
1.14%
Issue 3
23/10/2017
0.60%
0.598%
Issue 4
01/09/2018
1.10%
1.09%
This product is not available for new applications.
Bank Of England Base Rate Decrease
The Bank of England Base Rate was decreased to 0.1% on 19 March 2020.
For more information on what this means for our customers please click here
