Savings Account Rates for Business & Charity Customers
Reliance Bank Base Rate with effect from 5 August 2016 - 0.40 %
Please note that, ordinarily, the Reliance Bank Base Rate mirrors the Bank of England Base Rate. However, with the Bank of England Base Rate at an unprecedented low point, in order to ensure that Reliance Bank does not risk incurring losses which would ultimately be borne by our owners, The Salvation Army, and would impact the funds available for their continued mission, the Bank is unable to reflect the full 0.25% fall in its Base Rate and has set the Reliance Bank Base Rate at 0.40% as of 5th August 2016.
Instant Access Saver
*(interest paid quarterly end of March, June, September and December) with effect from 5 August 2016
Balance Gross Rate PA%
£1 - £4,999 0.01
£5,000 - £24,999 0.01
£25,000 - £99,999 0.01
Business Fixed Term Saver
*(minimum balance £50,000 - interest paid on maturity of deposit)
For cleared sums of £50,000 and above, fixed rates are available linked to money market rates for fixed terms from 7 days to 12 months. Please call us for a quote - we welcome your call.