TeleBank® Investment Account
Enjoy high rates of interest and instant access
Act on business opportunities as they happen. The TeleBank® Investment Account from Yorkshire Bank offers your business an excellent opportunity to watch your money grow. A TeleBank® Investment Account means you can take advantage of tiered interest rates, the more you save, the more you earn.
- Instant, penalty free withdrawals at any time subject to available funds
- Your funds will continue to earn interest daily up until you make a withdrawal
- No upper limit to the amount you can deposit
To start a new kind of banking relationship, arrange a visit to your local Financial Solutions Centre or call 08457 03 45 67.
More Benefits
- Personal attention - from your dedicated Relationship Partner
- Saving – earn more interest as your balance increases
- Security – low risk investment
Further Features
- No service charge
- Daily interest accrual is credited to your account on a quarterly basis
Complementary Solutions
Important Information
- Interest
- Tiered interest is calculated daily and paid quarterly on the last business day in March, June, September and December
- No minimum or maximum credit balance
- Standing Orders and Direct Debits are not available on this type of account
- Chequebooks are not available on this type of account
- Alternative option – Business Cash Management Account
- Standard interest rates and charges can be found in the interest rates and charges section. Speak to your Relationship Partner for more details
- Terms and conditions
- Full terms and conditions are available on request
TeleBank® is a registered trademark of Clydesdale Bank PLC.
Terms and Conditions apply. All facilities are subject to status and applicants must be aged 18 or over.
We are covered by the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and circumstances of the claim.
Further details of the scheme are available from us on request or from the Financial Services Compensation Scheme www.fscs.org.uk or in writing from the Financial Services Compensation Scheme, 7th Floor , Lloyds Chambers, 1 Portsoken Street, London E1 8BN.
Clydesdale Bank and Yorkshire Bank are trading names of Clydesdale Bank PLC. As both banks are part of the one and same authorised entity the FSCS compensation limit applies to deposits held across both brands.