Business Savings account

[rejoyce]

Hi

As far as I know only 4 banks in Ireland are offering Business Current Accounts anymore...

I have a Current account and I am happy with it, but it doesn't pay any interest. I want to open an account for the company to use for savings.

I have discovered that Rabo have a business Savings account (Demand), it currently pays 1.24% but this is reducing to 1% on 8th Dec.

who else is offering Business Savings accounts which pay decent interest. Not interested in 0.01% interest etc...

I have no interest/involvement with Rabo, just found their rates online, anyone else I should consider? it has to be demand, not Term

thanks

rejoyce

PS: This could be a Key Post like for Lump Sum deposits etc if we got some information

 

[Lightning]

The issue with business deposit rates is that they are frequently not openly published.

Danske also pay 1% subject to [broken link removed].

BoI have low, often changing, business deposit rates.

PTSB possibly have the highest business rates via their brokerage service. Have a look at this PTSB broker PDF document. Rates on offer are up to 2.75%. I would be surprised if you get a higher rate elsewhere.

 

[Dinny]

AIB offered 2% for deposit account locked for 6 months on over 100K back in March