Business Notice Saver

Interest is calculated daily and paid monthly, on the date your account was opened. Interest is added to the account balance.

*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross interest is the contractual rate of interest.

The interest rate is variable. If we change the interest rate to your advantage we may make the change immediately and will notify you within a reasonable time of the change taking effect.

Where we make a change to the interest rate that is not to your advantage, we will notify you no less than 14 days before the change takes effect. However, if your balance is less than £100, we are required to give you notice.

Please see the Business Notice Saver Terms and Conditions, in the for further details.

This table shows the estimated balance on a (1) £5,000 deposit and a (2) £100,000 deposit after 12 months.

This example is for illustrative purposes only and not based on individual circumstance. It also assumes:
• No further deposits or withdrawals are made.
• There is no change to the interest rate.

If you are 18 years old or over, and a UK resident, you may be eligible to open a Business Notice Saver using our online application process. Here's what you will need:

1. Details of the UK business current account in the name of the business for which you are applying. This will be referred to as your 'nominated account'. All deposits must come from this account and all withdrawals will be paid to this account.
   

2. The mobile phone number and email address for all signatories on the account.
   

3. Existing Cynergy Bank business customers must apply via our fast track application form. Please contact your Relationship Manager or our for assistance.
   

4. A deposit between £5,000 and £10,000,000. You must transfer at least £5,000 to your Business Notice Saver account within 14 days of opening the account.
   

5. The ability to use and access our Online Banking website or the Cynergy Bank to manage your account.
   

6. For security, you will also need to download the register the Cynergy Bank (available for free on Google Play or the Apple App Store). The Authenticator App is used to verify your identity every time you login to Online Banking and to confirm account transactions.

Yes, subject to your selected account notice period. The notice period is based on calendar days and begins on the day we receive your request, in the event the notice period expires on a non working day, the withdrawal or closure will be processed on the next Business day.

Note that, should your balance fall below our minimum deposit (£5,000), we will close your account.

If, due to exceptional circumstances, you need immediate access to funds, we will allow you to close your Business Notice Saver and withdraw the full balance, including any accrued interest, at our discretion. However, you will be asked to provide evidence of the exceptional circumstances when making the request.