Barclays

Barclays Bank

Phone: +44 247 684 2063
Email: internetsecurity@barclays.co.uk
Name

Business Base Rate Tracker

Category
Description
This business savings account is the smarter solution if you're looking to combine instant access with guaranteed interest on your savings. Interest rates are linked to the Bank of England Base Rate - and the more you save, the more you'll earn.
Benefit
-No need to constantly monitor interest rates because your rate automatically adjusts whenever the Bank of England base rate changes
-Interest accrued daily and paid quarterly
-No notice period is required to access the funds in your account, so you can get your money when you need to
-You can make 12 free BACS payments per calendar year to any account held in the same name as your Business Base Rate Tracker (additional withdrawals cost £2.50 per £1,000). And if you transfer money to another Barclays business account, you'll get your money the same day
-Manage your account online, over the phone or via BusinessMaster. You can also choose to access your money by making CHAPS or Banker's Draft withdrawals (standard tariffs apply)
Type
Savings
Interest Rate
The Business Base Rate Tracker links the interest your receive to the Bank of England base rate so you'll earn interest whenever your balance is £5,000 or more. And the account's tiered interest rates ensure that the more you save, the more you'll earn
Minimum Balance
You can save from £5,000 to £5 million in your Business Base Rate Tracker (a £2 million limit applies to financial institutions)
Featured
Yes

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