Unity Trust Bank offers a range of business savings accounts to suit your organisation and earn you interest. The money you deposit will, in turn, help us to help other organisations make a real difference to society.
A Fixed Term Deposit account is for you if you’re happy to leave your money untouched for a fixed period and receive interest at maturity, want to save a lump sum of more than £100K rather than making regular deposits, and want certainty of what interest you will earn on your savings.
However, if your business will be adding to the account or needs to access savings before the end of the term, or you don’t have easily accessible funds to deal with emergencies, our Instant Access Savings account could be the account for you.
*Net Rate is the amount of interest you will receive if your organisation pays tax at source.
**Gross Rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.
***AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
*Fixed Term 30 days with no access within this period. At the end of the term, funds are sent to the associated Current Account. Please refer to the Key Features Document for more information.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
Please note that the annual interest rate offered for this Fixed Term Deposit account is subject to change and may be withdrawn at any time without notice. Terms and conditions apply.
*Fixed Term 90 days with no access within this period. At the end of the term, funds are sent to the associated Current Account. Please refer to the Key Features Document for more information.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
Please note that the annual interest rate offered for this Fixed Term Deposit account is subject to change and may be withdrawn at any time without notice. Terms and conditions apply.
*You will not be able to access the funds early unless we are satisfied that exceptional circumstances exist. Examples are death of a sole trader or member of a partnership, exceptional financial difficulty, or vulnerability. If we grant early termination the interest rate applied for the entire period will switch to the default rate of 2.75% AER**.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
Please note that the annual interest rate offered for this Fixed Term Deposit account is subject to change and may be withdrawn at any time without notice. Terms and conditions apply.
*You will not be able to access the funds early unless we are satisfied that exceptional circumstances exist. Examples are death of a sole trader or member of a partnership, exceptional financial difficulty, or vulnerability. If we grant early termination the interest rate applied for the entire period will switch to the default rate of 2.75% AER**.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
Please note that the annual interest rate offered for this Fixed Term Deposit account is subject to change and may be withdrawn at any time without notice. Terms and conditions apply.
*You will not be able to access the funds early unless we are satisfied that exceptional circumstances exist. Examples are death of a sole trader or member of a partnership, exceptional financial difficulty, or vulnerability. If we grant early termination the interest rate applied for the entire period will switch to the default rate of 2.75% AER**.
**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
Please note that the annual interest rate offered for this Fixed Term Deposit account is subject to change and may be withdrawn at any time without notice. Terms and conditions apply.
Please see specific terms and conditions of account for more information.
Our savings accounts are not designed for transactional banking, which means they cannot be used to make payments through Internet Banking or to withdraw available funds. To do either of these, you will need to request a transfer to an internal or external account, for which there may be a fee. Please note that you will not be able to make a transfer from either the 30 Day Deposit account or the 90 Day Deposit account during the Deposit Term.
