Abbey warns businesses: 6% deal closing soon

| August 11, 2009 | 0 Comments

Abbey’s 6% savings account for small businesses will only be available until the end of this month, the business banking provider warned this week.

“The clock is now ticking and I would urge small businesses who haven’t already taken advantage of this offer, to do so before time runs out,” said Paula Ickinger, Abbey Business Banking product executive.

The account, available for businesses with a turnover of up to £1 million, offers an in-credit interest rate of 6% AER fixed for 12 months on balances up to £2,500.

Businesses that switch from another provider will also be offered a fee free overdraft for a year, with a guarantee to match their existing overdraft facility.

In related news, Abbey Business Banking recently launched a range of bonds, available for nine or 12 months.

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