Demo rate card0.00% credit interest; £6.00 monthly account fee
The pound values and percentages on this page are invented AcornBank product terms, chosen for a realistic bank-style example. They are not current market offers, an invitation to deposit or invest money or a forecast of what a real bank will pay.
| Product detail | Demo terms |
|---|---|
| Account type | Business current account |
| Rate, reward or charge | 0.00% credit interest; £6.00 monthly account fee |
| Opening / maximum balance | £0.00 to £250,000.00 |
| Access | Routine business payment scenarios; no real transfers or merchant services |
| Eligibility in the scenario | A fictional sole trader or small woodland business with an adult operator |
| Fees | £6.00 per month |
| Currency | GBP (£), used solely for fictional calculations |
Try your own numbers
Change the amounts to see what Branch Out Business would do in the story. Fictional figures, no application, no advice.
- Fees over a year
- £72.00£6.00 a month
- Balance after a quiet year
- £2,428.00
- Same money in Squirrel Saver
- £93.75Interest at the easy-access demo rate, for comparison.
Branch Out Business in charts
The same fictional model as the tables below, drawn rather than written. Hover or focus a mark for its value, or open the table view.
- Credit interest
- £0.00
- Monthly fee
- £6.00
- Fees over a year
- £72.00
- Change to a £5,000 balance
- −£72.00
A current account is a ledger, not a return; the chart-shaped facts are the fees.
A quiet year: what does the account cost?
| Starting balance | Annual interest | 12 monthly fees | Closing balance |
|---|---|---|---|
| £1,000.00 | £0.00 | £72.00 | £928.00 |
| £5,000.00 | £0.00 | £72.00 | £4,928.00 |
| £10,000.00 | £0.00 | £72.00 | £9,928.00 |
Assumptions: no incoming or outgoing payments, no borrowing, twelve monthly account fees and no interest. This is an account-cost illustration, not a savings-return table. A payment to another account moves money; it does not create a return. The balance is assumed large enough to cover every fee.
Branch Out Business is business current account in the Current accounts range, used for separating a woodland stall’s takings from personal spending. Its live rate card, summary and worked tables sit above this text and update whenever the product record changes.
Follow the numbers, not just the headline
The tables show the opening amount, time period and result for this product type. Savings figures are before tax unless the wrapper is tax-free; investment figures are scenarios, not forecasts; borrowing figures separate payments, interest and outstanding balance. A displayed result is conditional on its assumptions, not a guarantee. Keep unrelated examples separate rather than adding their balances together.
See the whole Current accounts range or compare every product on the rates page.
What the example does not promise
All figures are invented and shown to make the demo useful to read and crawl. No money is held, no application is available, and no deposit-protection, regulatory or tax-wrapper status is claimed. Calculations do not account for personal tax, inflation or unstated changes in rates. The fictional bank manager can guarantee only that the next paragraph contains no real acorns.
Related reading
- This Is a Fictional Bank — No Real Banking Here
- Site Map — Every Branch of AcornBank
- Rates — Savings, Borrowing and Rewards
- Help — Unruffle Your Tail
- Current Accounts — Everyday Banking for Busy Squirrels
- Branch Out Business — How Much Fits in a Hollow?
- Branch Out Business — Compare the Canopy
AcornBank: entirely fictional banking, exceptionally committed squirrels.