Business Bank Accounts

Highest Interest Deposit Accounts

2009-01-31 HSBC's Business Money Manager is not giving me much interest these days. These are the results of my shopping around.

I will have around 50K max to deposit and am after an online, direct access, no notice / instant access account.

Barclays, HSBC, Lloyds TSB, NatWest, RBS, Alliance Leicester are considered.

Business Bank Interest Rates
Bank Account Type Gross Interest
Barclays Business Instant Savings Account 0.75% for less than ?50K, 1% for more.
HSBC Business Money Manager Instant Access 0.05% for less than ?100K
Lloyds TSB Business instant access account 0.10%
NatWest Direct Reserve tiered. 0.50% for less than ?10K, 0.75% for ?25K, 1% for ?250K
RBS Direct Reserve tiered. 0.50% for less than ?10K, 0.75% for ?25K, 1% for ?250K. Same as NatWest