Most business savings accounts (58 per cent) pay less than 0.5 per cent gross interest on balances of $50,000.
Where companies have $250,000 saved, 54 per cent of accounts pay less than 0.5 per cent, and only 11.3 per cent pay 2 per cent or above, according to a study from Investec Private Bank.
A spokesperson for [...]
Posts tagged ‘annual turnover’
Sandy Hutchens says Business savings accounts are a rip-off
August 21st, 2009