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Business High 5 Account

Someone should be paying your business some real interest.
That someone is us.


A rate that's always in the top 5
 

> A unique, market-leading savings product
> Always pays the average of the five highest rates in the market
> Gives you the confidence of knowing you will always receive a
   consistently competitive rate
> You have the added assurance that the rate is set independently by
   Moneyfacts2
> You can keep track of your balances online
> You will be assigned your own client manager


Apply now> Call us on 0845 366 6333 [UK only] or +44 20 7597 4131
> Email us on ipbuk.businesshigh5@investec.co.uk
> Download our Business High 5 application form for UK registered companies
   and sole traders
> Visit our account opening page for application forms or to send us an enquiry


How do we calculate the rate?

 

  • The Investec Business High 5 Account always pays you the average of the five highest savings rates as supplied by Moneyfacts Group plc2
     
  • The rate is updated on a weekly basis - the latest rate and component accounts can be seen in the table below
     
  • This is a three month notice account
     
  • The minimum balance required to open and operate the account is £50,000 - the maximum balance is £250,000
     
  • Interest on qualifying balances will be calculated daily and credited to your account monthly or annually. We can also remit your interest to another account in your business name with any UK bank or building society without charge
     
  • The account is available to limited companies, public companies, partnerships, sole traders, charities, clubs, societies, associations and limited liability partnerships

 

This account is offered by Investec Bank plc


Moneyfacts'2 component accounts since 28 July 2010


Financial institutionAccountGross AER
Stafford Railway Building SocietyPullman2.25%
Bath Building SocietyBusiness Direct 6 Month Tracker2.05%
Market Harborough Building SocietyCorporate Deposit 7 Day2.00%
Butterfield Private Bank90 Day Notice2.00%
Investec BankBusiness High 51.96%
Cambridge Building SocietyNotice Saver1.50%


 

> To see historic rates for the Investec Business High 5 Account, or to see which accounts made up the rate at a previous date, please visit our rate history page.


1 The High 5 rate shown above is correct as at 28 July 2010  and subject to variation. AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. ‘Gross’ is the interest rate paid before the deduction of tax.

2 Moneyfacts Group PLC of Moneyfacts House, 66-70 Thorpe Road, Norwich, Norfolk, NR1 1BJ is an entirely independent and impartial source of information and their selection charts can be seen throughout the UK national press and media. The AER applicable to the account for each week will be equal to the average of the five highest gross interest rates from the relevant categories of accounts as certified to us in writing by Moneyfacts Group plc. The relevant categories of account are no notice, 7, 30, 60, 90 and 90+ day notice accounts. No more than one product for any bank, building society or financial institution may be taken into account in calculating the AER.

By telephoning the above phone number, your call will be routed to Investec Limited in South Africa. Similarly, data provided to the above e-mail address will be sent to Investec Limited in South Africa. Any data (including personal data) that is provided by phone/e-mail in this way will be retained for marketing purposes. Data will not be disclosed outside the Investec group of companies and will be treated with full regard to the United Kingdom's Data Protection legislation. Refer Investec Bank plc's data protection policy (accessible via a link from this website) for further information. By supplying a telephone number you consent to an Investec Bank plc client manager based in South Africa calling you from time to time with Product and Services information. By supplying an e-mail or postal address, you consent to receiving Product and Services information via these channels.


Find out more

Contact:
The Banking team
Phone number:
+44 20 7597 4131
Contacts page
 

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Copyright © Investec Limited 2008
Article from Investec: http://www.investec.com/en_gb/home/deposits_and_banking_services/business_deposit_accounts/business_high_5_account.html

Published: Wednesday, 28 July 2010

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