Fixed Rate Business Bond until 16 November 2027

The interest rate is fixed at 4.41% gross*/AER** until 16 November 2027.

At the end of the fixed rate term, your account will automatically become an Easy Access Business Deposit account or the nearest equivalent available at that time. You can find the current rate payable on this account by visiting our Interest Rate History page (hrbs.co.uk/interest-rate-history/)

Interest will be paid on 1 December each year.

The interest rate is fixed and cannot be changed during the fixed rate term.

Based on a deposit of £1,000.00 with interest added annually, the estimated balance would be £1,047.94 at expiry of the fixed rate term.

These figures are provided for illustrative purposes only and assume that the account is opened on 16 October 2026. They do not take into account your individual circumstances.

Available to UK registered Private Limited Companies, Sole Traders, Partnerships, and Unincorporated Associations (excluding Clubs, Societies and Trusts).

This account can be opened by post or at any of our branches and agencies. Simply complete the application form and take it with your opening deposit* and ID documents, or post them to us at the address in this brochure.

At least one director must be a signatory, with a maximum of four signatories to the account. For partnerships, all partners must be signatories to the account.

*The minimum deposit required to open and maintain this account is £1,000 and the maximum balance is £500,000. The opening deposit must be by a cheque drawn on the company’s nominated bank account and payable to your company name, or by electronic funds transfer from the company’s nominated bank account. It must be credited to the account within 5 business days of the account being opened, or the application process will need to be restarted. Cash deposits are not allowed to be paid into the account.

After making your opening deposit, you cannot add more money to this account.

You can manage your account at any of our branches or agencies, by phone, or by post. You can also view your account online: on our app or by using H&R Online on our website (after registering for the service).

No, you cannot make any withdrawals until the end of the fixed rate term.

At the end of the fixed-rate term, your account will automatically become an Easy Access Business Deposit account. Then, further deposits and withdrawals can be made without notice or penalty.

We will write to you before the end of the one year term to advise you that your account is about to mature. Unless we receive alternative instructions from you, on 17 November 2027 your Fixed Rate Business Bond will automatically revert to an Easy Access Business Deposit account.

* Gross rate – the annual rate of interest to be paid on a savings account without any deduction being made in respect of personal Income Tax liability.

** AER – stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added once a year.