Our business savings accounts
Running a business isn’t easy, especially if you have to manage staff, clients and cash flow. A good current account can help your business operate more efficiently. So, too, can a business savings account.
Business Savings Easy Access Accounts
Accounts ordered by A-Z
Aldermore
Easy Access Account
What you'll need to open your account:
• Your business details (name, address and company registration number if you have one)
• The sort code and account number for your business bank account (your nominated account)
• Date-of-birth and addresses of all business owners
• A mobile phone number that can receive text messages
• You must be a UK-based business in which all directors and beneficial owners are aged 18 or over
• Minimum deposit requirement is £1,000. Maximum balance is £1,000,000
Great for
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You can make additional deposits at any time
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You can open and manage your account online
But be aware that
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If you've opened an easy access account you can close it at any time with no notice or penalties
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Interest is paid gross without the deduction of income tax
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The interest rate is variable. Aldermore can increase or decrease the rate for any of the reasons set out in their Business Savings Terms and Conditions
Rate includes standard rate of 3.08% AER (minimum balance applies) plus a 0.5% boost each month if you make 15 bank transfers out of the account in the previous month, and a 0.5% boost for six months if you complete a switch with CASS.
Allica Bank
Instant Access Savings
• Minimum deposit of £50,000 or have a loan product with Allica
• Must be based in the UK
• Business must be registered on Companies House for 1+ year
• Must have a UK business bank account
Great for
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Flexible saving. Withdraw any time. Apply online
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Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme
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Rate includes 3.08% AER (min balance applies) plus 0.5% boost each month when you make 15 transfers, and an extra 0.5% boost for 6 months with a CASS switch. Eligibility criteria and T&Cs apply.
But be aware that
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Your business must have been incorporated for over 1 year. You must keep a £50,000 minimum balance OR have a loan product with Allica
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Businesses keeping less than £50,000 in their account will earn a reduced rate of interest and may incur fees
New customers receive a rate of 4.07% AER (variable) for 60 days on balances between £50k-£500k. After 60 days, and on balances outside of £50k-£500k, the rate reduces to 3.48% AER (variable). T&Cs apply
Capital on Tap
Instant Savings Account
• Minimum opening deposit of £1
• On balances between £50k-£500k new customers receive a promotional rate of 4.07%, which includes a 0.59% bonus for the first 60 days
• No fees or charges and no maximum balance
• Eligible deposits are protected up to a total of £120,000 by the Financial Services Compensation Scheme
• Your business must be registered in the UK
• Charities, Churches, Clubs, Co-operatives, Estate Agents, Executors, Schools/Colleges, Scottish Solicitors, Solicitors, Limited Companies, Limited Liability Partnerships, and Partnerships can open an account
Great for
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Start saving with as little as £1 with no maximum balance or annual fees
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Withdraw your funds whenever you need them with no penalty charges
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Open and manage your account online with interest paid monthly
But be aware that
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AER variable rate linked to Bank of England base rate (meaning the rate offered when you apply could be different)
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Account is operated by ClearBank
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Business categories that are not covered by the FSCS are not eligible
NatWest
Business Reserve
Interest rates vary based on deposit amount as below:
Balance £0-£999,999 - 0.95% AER/Gross p.a. variable
Balance £1m - £9,999,999 - 1.31% AER, 1.30% Gross p.a. variable
Balance £10m+ 1.51% AER - 1.50% Gross p.a. variableYou can apply for a Business Reserve instant access account if you’re aged 18 or over, have a business registered in England, Scotland or Wales and have an annual business turnover of less than £2 million
Great for
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Access to your business savings instantly
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Make as many withdrawals as you need without penalties
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Earn interest daily on your savings and receive it on the last business day of every month
But be aware that
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Interest rates are subject to variation
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Gross Rate is the interest rate you are paid without the deduction of UK income tax. Annual Equivalent rate (AER) is a notional rate of interest used for interest bearing accounts, which illustrates the rate if paid and compounded each year
RBS
Business Reserve
Interest rates vary based on deposit amount as below:
Balance £0-£999,999 0.95% AER/Gross p.a. variable
Balance £1m - £9,999,999 1.31% AER, 1.30% Gross p.a. variable
Balance £10m+ 1.51% AER, 1.50% Gross p.a. variable
You can apply for a Business Reserve instant access account if you’re aged 18 or over, have a business registered in England, Scotland or Wales and have an annual business turnover of less than £2 million
Great for
-
Access to your business savings instantly
-
Make as many withdrawals as you need without penalties
-
Earn interest daily on your savings and receive it on the last business day of every month
But be aware that
-
Interest rates are subject to variation
-
Gross Rate is the interest rate you are paid without the deduction of UK income tax. Annual Equivalent rate (AER) is a notional rate of interest used for interest bearing accounts, which illustrates the rate if paid and compounded each year
Tide
Instant Saver
• Must be a UK resident aged 18 or over
• New customers can receive up to 4.50% AER free for 6 months
• The account can be opened by sole traders and limited companies
• The minimum opening deposit is £1 and can be made by online transfer from your main Tide Platform account
• Customers are only eligible for one cashback incentive offer from Tide
• Interest rates are tiered, with the top rate for balances between £1M and £10M. The top rate includes a 0.50% year-end savings boost
Great for
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Earn up to 4.50% AER variable with the Tide Business Savings Account
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New customers receive up to 4.50% AER free for 6 months. T&Cs Apply
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Your money is protected up to a total of £85,000 by the Financial Services Compensation Scheme and Interest on account balance paid monthly and no limits or fees on withdrawals
But be aware that
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Interest rates are subject to variation
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Depending on personal circumstances, you may have to pay tax on the interest to HM Revenue & Customs
United Trust Bank
Business Easy Access Account
• The interest rate is variable
• To open an account your business must be either a limited company, sole trader, education provider, club, society, credit union or pension fund
• You can communicate and manage your account via online banking, email, post or telephone
• Minimum balance is £5,000 per account
• Maximum balance is £100,000 per account
Great for
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Flexible saving – add and withdraw your money anytime, via the Nominated Bank account subject to the maximum and minimum balance requirement for your account being met
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Managing your money – via 24/7 online banking, telephone, email or post
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Security - eligible funds are protected up to Financial Services Compensation Scheme limits, currently £120,000
But be aware that
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The interest rate is variable and can go up or down
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To have an account with United Trust Bank, your business must be based in the UK
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You can only hold one Easy Access account with United Trust Bank at a time
United Trust Bank
Charity Easy Access Account
• The interest rate is variable
• To open an account charitiy either need to be registered with the UK or fall under the status of excepted or exempt.
• You can communicate and manage your account via online banking, email, post or telephone.
• Minimum balance is £5,000 per account
• Maximum balance is £100,000 per account
Great for
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Flexible charity saving – add and withdraw your money anytime, via the Nominated Bank account subject to the maximum and minimum balance requirement for your account being met
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Managing your money – via 24/7 online banking, telephone, email or post
-
Security - eligible funds are protected up to Financial Services Compensation Scheme limits, currently £120,000
But be aware that
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The interest rate is variable and will go up or down
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You can only hold one Easy Access account with United Bank Trust at a time
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To have an account your charity must be based in the UK
Virgin Money
Business Access Savings Account
3.69% Gross p.a.
Maximum balance £2m, No Fees and charges
UK registered businesses only
All associated persons must be resident in the UK and over 18
You must be classed either as a sole trader or a partnership, limited liability partnership, private limited company or a public limited company
Great for
-
Save from £1 up to £2 million with monthly interest – as your business grows, so can your savings
-
Benefit from no fees or charges and gain instant access to your business savings when you need them
-
Online application
But be aware that
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This is a standalone online account and is serviced using Online Service. This account doesn't link with the Virgin Money Business Current Account, Business Internet Banking or their mobile app
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Rates are variable. This means Virgin Money may increase or decrease interest rates at any time. When they decrease rates they’ll give you at least two months' notice before the rate reduces. Check the rate at point of application, as it may change
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For small and medium sized UK based Businesses that have fewer than 250 employees, a total balance sheet of less than £36.5m or a turnover of less than £42.5m. All owners directors, senior management and account signatories must be over 18
Business Savings Fixed Rate Accounts
Accounts ordered by A-Z
Aldermore
1 Year Fixed Rate Savings Account
What you'll need to open your account
Your business details (name, address and company registration number if you have one)
The sort code and account number for your business bank account (your nominated account)
Date-of-birth and addresses of all business owners
A mobile phone number that can receive text messages
You must be a UK-based business in which all directors and beneficial owners are aged 18 or over
Minimum deposit requirement is £1,000. Maximum balance is £1,000,000
Great for
-
Your money is protected up to a total of £85,000 by the Financial Services Compensation Scheme
-
Available to UK businesses without the need to change your existing bank current account
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There are no charges for standard account services
But be aware that
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No withdrawals, transfers out or closures permitted before the maturity date
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If you do not advise Aldermore of your maturity instructions, your account will roll into another Fixed Rate Account of the same term or similar term
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Interest is paid gross without the deduction of income tax
Aldermore
6 month Fixed Rate Savings Account
What you'll need to open your account
Your business details (name, address and company registration number if you have one)
The sort code and account number for your business bank account (your nominated account)
Date-of-birth and addresses of all business owners
A mobile phone number that can receive text messages
You must be a UK-based business in which all directors and beneficial owners are aged 18 or over
Minimum deposit requirement is £1,000. Maximum balance is £1,000,000
Great for
-
Your money is protected up to a total of £85,000 by the Financial Services Compensation Scheme
-
Available to UK businesses without the need to change your existing bank current account
-
There are no charges for standard account services
But be aware that
-
No withdrawals, transfers out or closures permitted before the maturity date
-
If you do not advise Aldermore of your maturity instructions, your account will roll into another Fixed Rate Account of the same term or similar term
-
Interest is paid gross without the deduction of income tax
Allica Bank
6-month fixed term savings account
• Minimum deposit of £20,000 and maximum of £2,000,000
• Must be based in the UK
• Business must be registered on Companies House
• Must have a UK business bank account
Great for
-
Apply online
-
Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme
But be aware that
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You will need to nominate another UK bank account in the same business name that will be used to fund your Allica Bank savings account. Allica Bank will send your money to this account if you choose to make a withdrawal
-
No withdrawals, transfers out or closures permitted before the maturity date
Allica Bank
12 Month Fixed Term Savings Account
• Minimum deposit of £20,000 and maximum of £2,000,000
• Must be based in the UK
• Business must be registered on Companies House
• Must have a UK business bank account
Great for
-
Apply online
-
Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme
But be aware that
-
You will need to nominate another UK bank account in the same business name that will be used to fund your Allica Bank savings account. Allica Bank will send your money to this account if you choose to make a withdrawal
-
No withdrawals, transfers out or closures permitted before the maturity date
United Trust Bank
Business 3 month Fixed Term Bond
· The interest rate is fixed at 4.11% AER for the 3-month term
· To open an account your business must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund
· Interest is calculated daily using the cleared balance of the account and paid on maturity
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This a fixed term bond and you cannot withdraw your money or add to it within the 3-month term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
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Businesses must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund to create an account with UTB
United Trust Bank
Business 6 Month Fixed Term Bond
· The interest rate is fixed at 4.14% AER for the 6-month term
· To open an account your business must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund
· Interest is calculated daily using the cleared balance of the account and paid on maturity
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This a fixed term bond and you cannot withdraw your money or add to it within the 6-month term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Businesses must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund to create an account with UTB
United Trust Bank
Business 15 month Fixed Term Bond
· The interest rate is fixed at 4.04% AER for the 15-month term
· To open an account your business must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund
· Interest is calculated daily using the cleared balance of the account and paid on maturity
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000.
But be aware that
-
This a fixed term bond and you cannot withdraw your money or add to it within the 15-month term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Businesses must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund to create an account with UTB
United Trust Bank
Business 18 month Fixed Term Bond
· The interest rate is fixed at 4.06% AER for the 18-month term
· To open an account your business must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund
· Interest is calculated daily using the cleared balance of the account and paid on maturity
· You can manage your account and communicate with us via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This is a fixed term bond and you cannot withdraw your money or add to it within the 18-month term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust bank will close the account
-
Businesses must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund to create an account with UTB
United Trust Bank
Business 1 Year Fixed Term Bond
· The interest rate is fixed at 4.10% AER for the 1-year term
· To open an account your business must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund.
· Interest is calculated daily using the cleared balance of the account and paid on maturity.
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This a fixed term bond and you cannot withdraw your money or add to it within the 1-year term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Businesses must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund to create an account with UTB
United Trust Bank
Business 2 Year Fixed Term Bond
· The interest rate is fixed at 4.08% AER for the 2-year term.
· To open an account your business must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund.
· Interest is calculated daily using the cleared balance of the account and paid on maturity.
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This is a fixed term bond and you cannot withdraw your money or add to it within the 2-year term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Businesses must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund to create an account with UTB
United Trust Bank
Business 3 Year Fixed Term Bond
· The interest rate is fixed at 4.10% AER for the 3-year term
· To open an account your business must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund
· Interest is calculated daily using the cleared balance of the account and paid on maturity
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This is a fixed term bond and you cannot withdraw your money or add to it within the 3-year term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Businesses must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund to create an account with UTB
United Trust Bank
Business 5 year Fixed Term Bond
· The interest rate is fixed at 4.10% AER for the 5-year term
· To open an account your business must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund
· Interest is calculated daily using the cleared balance of the account and paid on maturity
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This is a fixed term bond and you cannot withdraw your money or add to it within the 5-year term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Businesses must be based in the UK and be either a limited company, sole trader, education provider, club, society, credit union or pension fund to create an account with UTB
United Trust Bank
Charity 1 year Fixed Term Bond
· The interest rate is fixed at 4.10% AER for the 12-month term
· To open an account, charities must either be registered with the UK Charity Commissions or fall under the status of excepted or exempt
· Interest is calculated daily using the cleared balance of the account and paid on maturity
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This a fixed term bond and you cannot withdraw your money or add to it within the 1 year term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Charities must either be registered with the UK Charity Commissions or fall under the status of excepted or exempt to create an account with UTB
United Trust Bank
Charity 2 Year Fixed Term Bond
· The interest rate is fixed at 4.08% AER for the 2-year term
· To open an account, charities must either be registered with the UK Charity Commissions or fall under the status of excepted or exempt
· Interest is calculated daily using the cleared balance of the account and paid on maturity.
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This a fixed term bond and you cannot withdraw your money or add to it within the 2-year term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Charities must either be registered with the UK Charity Commissions or fall under the status of excepted or exempt to create an account with UTB
United Trust Bank
Charity 3 Month Fixed Term Bond
· The interest rate is fixed at 4.11% AER for the 3-month term
· To open an account, charities must either be registered with the UK Charity Commissions or fall under the status of excepted or exempt
· Interest is calculated daily using the cleared balance of the account and paid on maturity
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This a fixed term bond and you cannot withdraw your money or add to it within the 3-month term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Charities must either be registered with the UK Charity Commissions or fall under the status of excepted or exempt to create an account with UTB
United Trust Bank
Charity 3 Year Fixed Term Bond
· The interest rate is fixed at 4.10% AER for the 3-year term
· To open an account, charities must either be registered with the UK Charity Commissions or fall under the status of excepted or exempt
· Interest is calculated daily using the cleared balance of the account and paid on maturity
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This a fixed term bond and you cannot withdraw your money or add to it within the 3-year term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Charities must either be registered with the UK Charity Commissions or fall under the status of excepted or exempt to create an account with UTB
United Trust Bank
Charity 6 Month Fixed Term Bond
· The interest rate is fixed at 4.14% AER for the 6-month term
· To open an account, charities must either be registered with the UK Charity Commissions or fall under the status of excepted or exempt
· Interest is calculated daily using the cleared balance of the account and paid on maturity
· You can manage your account and communicate with United Trust Bank via online banking, email, post or phone
· Minimum balance is £5,000 per account
· Maximum balance is £5m per account
Great for
-
Rate will not change regardless of the Bank of England Base Rate
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security – eligible funds are protected up to Financial Services Compensation Scheme limits – currently £120,000
But be aware that
-
This a fixed term bond and you cannot withdraw your money or add to it within the 6-month term
-
You have 14 days after submitting your application to fund your account. If it is not funded within the 14 days United Trust Bank will close the account
-
Charities must either be registered with the UK Charity Commissions or fall under the status of excepted or exempt to create an account with UTB
Virgin Money
1 Year Business Fixed Rate Savings Account
Maximum balance £2m
No Fees or Charges
You can't make any withdrawals or additions during the term and you can't close it early
UK registered businesses only
All associated persons must be resident in the UK and over 18; You must be classed either as a sole trader or a partnership, limited liability partnership, private limited company or a public limited company
Great for
-
Save from £1 up to £2 million with monthly interest – as your business grows, so can your savings
-
Benefit from no fees or charges and a fixed rate of interest for the duration of your savings term.
-
Online application
But be aware that
-
This is a standalone online account and is serviced using Online Service. This account doesn't link with the Virgin Money Business Current Account, Business Internet Banking or our mobile app
-
You can't make any withdrawals or additions during the term and you can't close it early
-
For small and medium sized UK based Businesses that have fewer than 250 employees, a total balance sheet of less than £36.5m or a turnover of less than £42.5m. All owners directors, senior management and account signatories must be over 18
Business Savings Notice Accounts
Accounts ordered by A-Z
Aldermore Bank
Business 95 Day Notice Account
What you'll need to open your account:
• Your business details (name, address and company registration number if you have one)
• The sort code and account number for your business bank account (your nominated account)
• Date-of-birth and addresses of all business owners
• A mobile phone number that can receive text messages
• You must be a UK-based business in which all directors and beneficial owners are aged 18 or over
• Minimum deposit requirement is £1,000. Maximum balance is £1,000,000
Great for
-
You can make additional deposits at any time
-
You can open and manage your account online
-
You can make unlimited withdrawals subject to 95 days notice
But be aware that
-
Minimum deposit of £1,000. Maximum deposit £1,000,000
-
The interest rate is variable. Aldermore can increase or decrease the rate for any of the reasons set out in their Business Savings terms & conditions
-
To have an account with us your business must be based in the UK
Allica Bank
95 Day Notice Savings Account
• Minimum deposit of £20,000 and maximum of £2,000,000
• Must be based in the UK
• Business must be registered on Companies House
• Must have a UK business bank account
Great for
-
Apply online
-
Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme
But be aware that
-
You will need to nominate another UK bank account in the same business name that will be used to fund your Allica Bank savings account. Allica Bank will send your money to this account if you choose to make a withdrawal
Allica Bank
180 Day Notice Savings Account
• Minimum deposit of £20,000 and maximum of £2,000,000
• Must be based in the UK
• Business must be registered on Companies House
• Must have a UK business bank account
Great for
-
Apply online
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Eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme
But be aware that
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You will need to nominate another UK bank account in the same business name that will be used to fund your Allica Bank savings account. Allica Bank will send your money to this account if you choose to make a withdrawal
NatWest
Liquidity Manager 95 Days Notice
• Minimum deposit amount: £0+
• 2.75% AER, 2.72% Gross p.a. variable
• You can apply for a Liquidity Manager notice account if you have a business registered in England, Scotland or Wales
Great for
-
Interest is calculated on your daily balance and applied on the last Business Day of each month
-
No minimum or maximum balances apply
But be aware that
-
Interest rates are subject to variation
-
Gross Rate is the interest rate you are paid without the deduction of UK income tax. Annual Equivalent rate (AER) is a notional rate of interest used for interest bearing accounts, which illustrates the rate if paid and compounded each year
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Early withdrawals from the Liquidity Manager Notice Accounts are not permitted
RBS
Liquidity Manager 95 Days Notice
• Minimum deposit amount: £0+
• 2.75% AER, 2.72% Gross p.a. variable
• You can apply for a Liquidity Manager notice account if you have a business registered in England, Scotland or Wales
Great for
-
Interest is calculated on your daily balance and applied on the last Business Day of each month
-
No minimum or maximum balances apply
But be aware that
-
Interest rates are subject to variation.
-
Gross Rate is the interest rate you are paid without the deduction of UK income tax. Annual Equivalent rate (AER) is a notional rate of interest used for interest bearing accounts, which illustrates the rate if paid and compounded each year.
-
Early withdrawals from the Liquidity Manager Notice Accounts are not permitted.
United Trust Bank
Business 30 Day Notice
• Earn a competitive rate if you can give 30 days’ notice of a withdrawal
• To open an account your business must be either a limited company, sole trader, education provider, club, society, credit union or pension fund.
• Minimum balance is £5,000 per account
• Maximum balance is £5m per account
Great for
-
Managing your money – via 24/7 online banking, telephone, email or post
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Security - eligible funds are protected up to Financial Services Compensation Scheme limits, currently £120,000
But be aware that
-
You must give 30 days’ notice if you want to make a withdrawal
-
The interest rate is variable and can go up and down
-
To have an account with us your business must be based in the UK
United Trust Bank
Business 120 Day Notice Base Rate Tracker
• Earn a competitive rate if you can give 120 days’ notice of a withdrawal
• To open an account your business must be either a limited company, sole trader, education provider, club, society, credit union or pension fund.
• Maximum balance is £5m per account.
• Minimum balance is £5,000 per account
Great for
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Savings that track the Bank of England Base Rate for the duration of the account being open
-
Security - eligible funds are protected up to Financial Services Compensation Scheme limits, currently £120,000
But be aware that
-
You must give 120 days’ notice if you want to make a withdrawal
-
The interest rate is variable and tracks the Bank of England Base Rate and therefore can go up and down
-
To have an account with us your business must be based in the UK
United Trust Bank
Charity 30 Day Notice
• Earn a competitive rate if you can give 30 days’ notice of a withdrawal
• You can make one penalty-free withdrawal of up to 20% of your balance without notice, per 12-month period
• To open an account, charities must either be registered in the UK or fall under the status of excepted or exempt
• Minimum balance is £5,000 per account
• Maximum balance is £5m per account
Great for
-
The ability to make one penalty-free withdrawal of up to 20% of your balance without notice, per 12-month period
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Security - eligible funds are protected up to Financial Services Compensation Scheme limits, currently £120,000
But be aware that
-
You must give 30 days’ notice if you want to make a withdrawal, unless you are using your one penalty free withdrawal per 12 month period
-
The interest rate is variable and can go up and down
-
To have an account with us the charity must be based in the UK
United Trust Bank
Charity 120 Day Notice Base Rate Tracker
• Earn a competitive rate if you can give 120 days’ notice of a withdrawal
• You can make one penalty-free withdrawal of up to 20% of your balance without notice, per 12-month period
• To open an account, charities must either be in the UK or fall under the status of excepted or exempt
• Minimum balance is £5,000 per account
• Maximum balance is £5m per account
Great for
-
The ability to make one penalty-free withdrawal of up to 20% of your balance without notice, per 12-month period
-
Managing your money – via 24/7 online banking, telephone, email or post
-
Savings that track the Bank of England Base Rate for the duration of the account being open
But be aware that
-
You must give 120 days’ notice if you want to make a withdrawal, unless you are using your one penalty free withdrawal per 12 month period
-
The interest rate is variable and tracks the Bank of England Base Rate and therefore can go up and down
-
To open an account, charities must either be registered in the UK or fall under the status of excepted or exempt.
Virgin Money
30 Day Business Notice Account
• Minimum deposit to open is £1. No Maximum balance. No Fees or Charges
• Withdrawals without notice aren't allowed. Rate is tracked to the Bank of England (BoE) base rate. Virgin Money will change the rate by the end of the next working day after the BoE's base rate change
• The business must be based and operated in the UK (excluding Channel Islands, Isle of Man and Northern Ireland)
• Applicants must be a Limited Company, Partnership, Limited Liability Partnership or Sole Trader
• All owners, directors, senior management and account signatories must be over 18 years old
Great for
-
You'll earn monthly interest – as your business grows, so can your savings
-
Benefit from no fees or charges
-
Apply online
But be aware that
-
You can't change your notice period, so it's important to be sure how quickly you might need access to your money
-
You cannot make withdrawals without notice
-
The rate is variable and tied to the Bank of England (BoE) base rate. Interest paid on this account will change by the end of the next working day after the BoE's base rate change
Virgin Money
65 Day Business Notice Account
• Minimum deposit to open is £1. No Maximum balance. No Fees or Charges
• Withdrawals without notice aren't allowed. Rate is tracked to the Bank of England (BoE) base rate. Virgin Money will change the rate by the end of the next working day after the BoE's base rate change
• The business must be based and operated in the UK (excluding Channel Islands, Isle of Man and Northern Ireland)
• Applicants must be a Limited Company, Partnership, Limited Liability Partnership or Sole Trader
• All owners, directors, senior management and account signatories must be over 18 years old
Great for
-
You'll earn monthly interest – as your business grows, so can your savings
-
Benefit from no fees or charges
-
Apply online
But be aware that
-
You can't change your notice period, so it's important to be sure on how quickly you might need access to your money
-
You cannot make withdrawals without notice
-
The rate is variable and tied to the Bank of England (BoE) base rate. Interest paid on this account will change by the end of the next working day after the BoE's base rate change
Virgin Money
95 Day Business Notice Account
Minimum deposit to open is £1. No Maximum balance. No Fees or Charges
Withdrawals without notice aren't allowed. Rate is tracked to the Bank of England (BoE) base rate. Virgin Money will change the rate by the end of the next working day after the BoE's base rate change
The business must be based and operated in the UK (excluding Channel Islands, Isle of Man and Northern Ireland)
Applicants must be a Limited Company, Partnership, Limited Liability Partnership or Sole Trader
All owners, directors, senior management and account signatories must be over 18 years old
Great for
-
You'll earn monthly interest – as your business grows, so can your savings
-
Benefit from no fees or charges
-
Apply online
But be aware that
-
You can't change your notice period, so it's important to be sure how quickly you might need access to your money
-
You cannot make withdrawals without notice
-
The rate is variable and tied to the Bank of England (BoE) base rate. Interest paid on this account will change by the end of the next working day after the BoE's base rate change
Virgin Money
120 Day Business Notice Account
Minimum deposit to open is £1. No Maximum balance. No Fees or Charges
Withdrawals without notice aren't allowed. Rate is tracked to the Bank of England (BoE) base rate. Virgin Money will change the rate by the end of the next working day after the BoE's base rate change
The business must be based and operated in the UK (excluding Channel Islands, Isle of Man and Northern Ireland)
Applicants must be a Limited Company, Partnership, Limited Liability Partnership or Sole Trader
All owners, directors, senior management and account signatories must be over 18 years old
Great for
-
You'll earn monthly interest – as your business grows, so can your savings
-
Benefit from no fees or charges
-
Apply online
But be aware that
-
You can't change your notice period, so it's important to be sure how quickly you might need access to your money
-
You cannot make withdrawals without notice
-
The rate is variable and tied to the Bank of England (BoE) base rate. Interest paid on this account will change by the end of the next working day after the BoE's base rate change
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