Hodge Bank, One Central Square, Cardiff, CF10 1FS.
If you would like a return on your business savings and don’t need quick access then the 100 Day Notice Account may suit you.
The 100 Day Notice Account enables businesses to earn interest on their deposits but access to funds is subject to 100 days written notice of withdrawal.
You can add further funds, as long as they come from the same bank account as the original deposit.
Up to 0.70%
on deposits of £1,000+. Gross Rate* – interest paid annually and compounded.
Up to 0.70%
on deposits of £1,000+. Gross Rate* – interest paid monthly and paid away.
|Below £1,000||No Interest
You can choose to receive your interest monthly, or annually from your account. The interest rate on your account is flexible in line with the balance you hold.
You can apply for this account by post by downloading the application form below
Is the contractual rate of interest payable before the deducation of income tax at the rate specified by law. The payment can be made annually or monthly.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded each year.
§Compounded interest and interest paid away
Compounded interest is interest that rolls up annually and is paid on maturity of the account. Interest paid away means the interest isn’t compounded over the term of the account. It is placed into a designated current account every month
Why not browse our range of other accounts to see which may suit you best