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Bank of England Base Rate changes: Redwood Bank have passed both Base Rate reductions, totalling 0.65%, to its lending customers.  Read more, here.

Information on all our accounts

We aim to make it as simple and easy for all our customers to get the information they need about our business savings accounts. So, here you can find the relevant rates for all our accounts.
Transparency and consistency are really important to us.


For our business savings accounts our agreement with you is made up of the product terms and conditions and the relevant key facts & summary box documents. You can find these documents within the savings support area. 

Below, you can view the rates of all our savings accounts, including those no longer available.
 
We'll try not to make any changes to your agreement. Sometimes we'll need to and we'll let you know about any important changes and list previous versions below.

1 Year Business Savings Bond

Issue 3

Opened between
Interest payable
Interest rate
AER
14th February 2020 to 24th April 2020
Annual
1.62
1.62
Monthly
1.61
1.62

Issue 2

Opened between
Interest payable
Interest rate
AER
31 August 2019 to 22 October 2019
Annual
2.00
2.00
Monthly
1.98
2.00
16 August 2019 to 30 August 2019
Annual
1.85
1.85
Monthly
1.83
1.85

Issue 1

Opened between
Interest payable
Interest rate
AER
15 Aug 2018 to 22 Oct 2018
Annual
1.85
1.85
Monthly
1.83
1.85
2 Aug 2018 to 14 Aug 2018
Annual
1.71
1.71
Monthly
1.70
1.71

95 Day Business Savings Account

Issue 6

Opened between
Interest payable
Interest rate
AER
14 January 2020 to 5th May 2020
Annual
1.55
1.55
Monthly
1.54
1.55

Issue 5

Opened between
Interest payable
Interest rate
AER
14 November 2019 to 14 January 2020
Annual
1.40
1.40
Monthly
1.39
1.40

Issue 4

Opened between
Interest payable
Interest rate
AER
31 August 2019 to 13 November 2019
Annual
1.75
1.75
Monthly
1.74
1.75
16 August 2019 to 30 August 2019
Annual
1.60
1.60
Monthly
1.59
1.60
03 August 2019 to 15 August 2019
Annual
1.55
1.55
Monthly
1.54
1.55

Issue 3

Opened between
Interest payable
Interest rate
AER
12 June 2019 to 02 August 2019
Annual
1.40
1.40
Monthly
1.39
1.40

Issue 2

Opened between
Interest payable
Interest rate
AER
03 August 2018 to 14 August 2018
Annual
1.55
1.55
Monthly
1.54
1.55
15 August 2018 to 14 November 2018
Annual
1.60
1.60
Monthly
1.59
1.60

Issue 1

Opened between
Interest payable
Interest rate
AER
25 Jan 2018 to 03 August 2018
Annual
1.35
1.35
Monthly
1.34
1.35
29 Sept 2017 to 23 Nov 2017
Annual
1.35
1.35
Monthly
1.34
1.35
19 Sept 2017 to 28 Sept 2017
Annual
1.05
1.05
Monthly
1.04
1.05

35 Day Business Savings Account

Issue 4

Opened between
Interest payable
Interest rate
AER
23rd March - present
Annual
1.20
1.20
Monthly
1.19
1.20

Issue 3

Opened between
Interest payable
Interest rate
AER
31 August 2019 to 29 October 2019
Annual
1.60
1.60
Monthly
1.59
1.60
Interest paid from
6th May - Present
Annual
1.10
1.10
Monthly
1.09
1.10

Issue 2

Opened between
Interest payable
Interest rate
AER
03 August 2018 to 12 June 2019
Annual
1.35
1.35
Monthly
1.34
1.35

Issue 1

Opened between
Interest payable
Interest rate
AER
29 Sept 2017 to 2 Aug 2018
Annual
1.00
1.00
Monthly
1.00
1.00
26 Sept 2017 to 28 Sept 2017
Annual
0.75
0.75
Monthly
0.75
0.75
29 Aug 2017 to 25 Sept 2017
Annual
0.45
0.45
Monthly
0.45
0.45