Current leader among Business Bank Accounts ?

[max]

Abbey seem to have dropped to the market average of 3.5 % gross AER for up to 10 K on account and 4 % Gross AER for up to 99 K on account.

Abbey used to be 4.75 AER but .... Seems like these banks introduce HOT account offers , but then gradually reduce the rate and go down to BAU !

http://www.anbusiness.com/services/c...interest.shtml


Anyone aware of some better offer ?

5.80% abbey time deposit for 3 months.

It's the credit crunch...innit

Pretty close to 3m libor I would have thought.

[Gonzo]

I'm very pleased with Cater Allen, been with them for 7 years and never had 1 problem. The call centre is fantastic, staffed by educated friendly and articulate people which in itself is rare. If you don't like talking to people the internet banking is up and running now. All these other 'better' deals you see are so laced with caveats it means several months down the line you could be on a pretty bad deal. CA is consistently up there. Plus they are now owned by Santander, so are unlikely to be as exposed to bad debt as some of the traditional names.

WHS

I phoned them up to talk about how setting up a direct debit would work and when I dropped "AUDDIS" and "ADDACS" into the conversation, the person on the end of the phone knew exactly what I was on about

That wouldn't happen in the high street.

[oracleslave]

I am with Lloyds TSB. They don't play subprime market games and this is what I think is the most important thing right now in a bank.

Lloyds TSB....BOOMED with all the SKA profit!

[AtW]

I am with Lloyds TSB. They don't play subprime market games and this is what I think is the most important thing right now in a bank.

[Jog On]

I'm very pleased with Cater Allen, been with them for 7 years and never had 1 problem. The call centre is fantastic, staffed by educated friendly and articulate people which in itself is rare. If you don't like talking to people the internet banking is up and running now. All these other 'better' deals you see are so laced with caveats it means several months down the line you could be on a pretty bad deal. CA is consistently up there. Plus they are now owned by Santander, so are unlikely to be as exposed to bad debt as some of the traditional names.

I wuv CA as well

Mind you I haven't used anyone else so can't make a comparison but I'm well 'appy know what I mean?

[oracleslave]

I'm very pleased with Cater Allen, been with them for 7 years and never had 1 problem. The call centre is fantastic, staffed by educated friendly and articulate people which in itself is rare. If you don't like talking to people the internet banking is up and running now. All these other 'better' deals you see are so laced with caveats it means several months down the line you could be on a pretty bad deal. CA is consistently up there. Plus they are now owned by Santander, so are unlikely to be as exposed to bad debt as some of the traditional names.

Same experience over the last 4 years as baggy.

[Jog On]

Abbey seem to have dropped to the market average of 3.5 % gross AER for up to 10 K on account and 4 % Gross AER for up to 99 K on account.

Abbey used to be 4.75 AER but .... Seems like these banks introduce HOT account offers , but then gradually reduce the rate and go down to BAU !

http://www.anbusiness.com/services/c...interest.shtml



Anyone aware of some better offer ?

Northern Biscuit - apparently the girls behind the counter are quite fit..

[Moscow Mule]

... Cater Allen....

I've been with them 7 months now. On my second incoming payment (close to £19k) they lost the money in a suspense account for nearly 40 days.

It took me 5-6 phone calls to finally get to somebody that understood the banking payments system and could track the payment into their account (not mine).

In their defence, when it was all sorted they gave me the interest I would have earned on the money in the time + 25% as compensation.

Overall, the service they've given since has made up my mind not to leave them.

[DimPrawn]

I'm very pleased with Cater Allen, been with them for 7 years and never had 1 problem. The call centre is fantastic, staffed by educated friendly and articulate people which in itself is rare. If you don't like talking to people the internet banking is up and running now. All these other 'better' deals you see are so laced with caveats it means several months down the line you could be on a pretty bad deal. CA is consistently up there. Plus they are now owned by Santander, so are unlikely to be as exposed to bad debt as some of the traditional names.

Wot he said.

[Ardesco]

Surely it's not illegal to have multiple bank accounts? You can open new one and move cash there for presumably better interest, and issue new bank details on all new invoices while keeping old one - this orderly transition process can last some months or maybe even a year, but it will all done smoothly and you will also spread the risk.

I'm not saying it's not possible just too much hassle to keep switching.

[AtW]

Communicate change of detaisl to all my customers, etc.

Surely it's not illegal to have multiple bank accounts? You can open new one and move cash there for presumably better interest, and issue new bank details on all new invoices while keeping old one - this orderly transition process can last some months or maybe even a year, but it will all done smoothly and you will also spread the risk.

[Bagpuss]

I'm very pleased with Cater Allen, been with them for 7 years and never had 1 problem. The call centre is fantastic, staffed by educated friendly and articulate people which in itself is rare. If you don't like talking to people the internet banking is up and running now. All these other 'better' deals you see are so laced with caveats it means several months down the line you could be on a pretty bad deal. CA is consistently up there. Plus they are now owned by Santander, so are unlikely to be as exposed to bad debt as some of the traditional names.

[Ardesco]

I'm happy to stick with Cater Allen.

Too much hassle to keep changing business bank accounts, means I have to change my invoice templates, amend the account various funds are paid into and various bills are taken out of. Communicate change of detaisl to all my customers, etc.

[Bagpuss]

If only Audi made banks

[2uk]

Abbey seem to have dropped to the market average of 3.5 % gross AER for up to 10 K on account and 4 % Gross AER for up to 99 K on account.

Abbey used to be 4.75 AER but .... Seems like these banks introduce HOT account offers , but then gradually reduce the rate and go down to BAU !

http://www.anbusiness.com/services/c...interest.shtml


Anyone aware of some better offer ?