Our Business Accounts are very different from a standard business account. The key thing to know is that this is not a bank account, but an investment account. You won’t spend or transfer funds from it (you can withdraw easily however) – it is designed for investing.
Here’s how we differ:
- Invest your cash. The biggest difference is that our Business Accounts invest in the stock market, from low-risk bond ETFs and Money Market Funds to equities, offering the potential to earn more on your cash reserves.
- They’re easy to set up. Unlike some other business accounts, you can have an InvestEngine portfolio up and running in a matter of days.
- You can automate your investments. Our platform’s Savings Plans feature allows you to invest on a weekly, biweekly or monthly basis, fully automatically.
- Easy access to your cash. We don’t charge exit fees and you can withdraw without giving us notice. It typically takes just 4-5 business days to withdraw.
- We’re low-cost. Our DIY investment portfolios are completely commission-free, while our professionally Managed accounts charge just 0.25% a year.
- We offer ETF investing. Exchange-traded funds (ETFs) are simple and unbeatable for choice – invest in the biggest companies of today or the themes of tomorrow.
You can find out more about how our Business Accounts differ here.