Aldermore today introduces its 95 Day Notice Business Savings Account, designed to help businesses earn a stronger return on surplus cash while retaining predictable, short-to-medium term access to funds.
The account is tailored for SMEs that can plan cashflow in advance - for example to set aside money for tax, planned capital expenditure, supplier payments or seasonal working-capital needs - and who prefer a higher interest rate than a standard current account in exchange for giving notice prior to withdrawal.
Key features:
95-day notice period for withdrawals, giving firms time to plan liquidity needs.
4% Interest (variable) is calculated daily and paid monthly.
Save from £1,000 to £1m.
Unlimited withdrawals by giving 95 days’ notice.
Open online 24/7 – quick, secure application so businesses can apply when it suits them.
Alex Myers, Director of Savings at Aldermore, comments: “Businesses need savings that fit the rhythm of their cashflow – rewarding returns without locking funds away. Our 95-day Notice Business Savings Account offers a competitive rate and the flexibility firms need to plan for tax, investments or seasonal peaks. It’s straightforward to open online at any time and complements Aldermore’s wider suite of business savings and finance solutions to help customers manage cashflow with confidence.”
Aldermore is an award-winning bank, trusted by more than a quarter of a million savers and rated excellent on Trustpilot with a score of 4.6 out of 5.
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