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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

 



> Linda McBain on CNBC's Strictly Money show, Friday 31 July 2009
Investec Private Bank's Head of Banking talks to CNBC about the business banking environment and the Business High 5


Moneyfacts'2 component accounts since 03 February 2010


Financial institutionAccountGross AER
Secure Trust Bank120 Day Notice Issue 13.21%
Marsden Building SocietyBusiness Deposit2.50%
Investec BankBusiness High 5 Account2.19%
United Trust Bank3 Month Notice Deposit2.00%
Buckinghamshire Building SocietyCompany 301.67%
Standard Life Cash Savings60 Day Notice1.58%


 

> 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.


Did you know?


> If you introduce a friend, family member or colleague who opens an account with us before 22 March 2010, as a thank you, you will both receive £50 credited to your Investec bank accounts

> The High 5 is also available for individuals - visit our Investec High 5 Account page for more information...


Interested in this information?

  • Contact: The Banking team
  • Private Bank
  • Phone number: +44 20 7597 4131
 

1 The High 5 rate shown above is correct as at .. 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.


 

Copyright © Investec Limited 2008
Article from Investec: http://www.investec.com/en_pb/home/corporate_clients/cash_deposits/investec_high_5_account.html

Published: Thursday, March 11, 2010

 
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