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Abbey Cut Interest Rates Paid On Business Accounts.


Alibear
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Just when you thought interest rates might be edging up.

Rates from 17th July

Tier

£1 up to £4,999 - Previous Monthly Gross - 0.25% and from 17th July - 0.10%

£5K up to £9,999 - Previous Monthly Gross - 0.75% and from 17th July - 0.10%

£10K up to £24,999 - Previous Monthly Gross - 1.00% and from 17th July - 0.10%

£25K up tp £49,999 - Previous Monthly Gross - 1.98% and from 17th July - 0.10%

Do they:-

Want to invest more in customer service?

Want to make it easier for staff to calculate the interest payable without resorting to a calculator?

Want to use the savings made to buy A&L?

Banks, - don't you just luv'em. :angry:

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