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Business savings accounts

Savings accounts to suit your business

Whether you want instant-access to your money or a better rate for a fixed term, we have an account that fits the way you do business.

Account overview

  • Account

    Business Premium Account

    Access

    Instant

    Minimum balance

    £0

    Management

    Online, branch, phone

    Interest rate: Current Rate

    0.20% for balances up to £99,999
    0.30% for balances up to £999,999
    0.40% for balances over £1 million
    • Competitive rate of interest, accrued daily and paid every quarter
    • Unlimited free withdrawals via your Business current account
    • Make unlimited CHAPS payments, also known as 'same-day domestic payments' (standard charges apply)
    • Please note, from 8 January 2020, the interest rates for our Business Premium Account will reduce by 0.10% across all tiers

    Account terms and conditions1

    Rates and charges

  • Account

    Clients Premium Account

    Access

    Instant

    Minimum balance

    £0

    Management

    Online, branch, phone, cheque

    Interest rate: Current Rate

    0.20% for balances up to £99,999
    0.30% for balances up to £999,999
    0.40% for balances over £1 million
    • Easily manage money on behalf of your clients
    • For businesses with lots of different clients – eg, lawyers, accountants and estate agents
    • No restrictions on deposits or withdrawals
    • No minimum or maximum balance
    • Interest paid quarterly
    • Please note, from 8 January 2020, the interest rates for our Clients Premium Account will reduce by 0.10% across all tiers

    Account terms and conditions1

    Rates and charges

  • Account

    Sterling Treasury Deposits

    Access

    Fixed term

    Minimum balance

    £100,000

    Management

    Branch, phone

    Interest rate

    Depends on chosen term
    • For businesses with big deposits, looking for higher returns
    • Potentially higher returns than a standard savings account
    • Rate guaranteed for the duration of the fixed deposits
    • Deposit up to £24,999,999
    • Rate of return linked to the London currency money markets
    • Fixed terms from overnight to 12 months (minimum balances apply depending on term)

    Account terms and conditions1

    Rates and charges

Compare business savings accounts

Business Premium Account

Clients Premium Account

Treasury Deposit Account

Account type

Instant access

Instant access

Fixed-term

Term

–

–

–

Withdrawals

Yes

Yes

No

Minimum balance

£0

£0

£100,000

Management

Online

Branch

 

Telephone

Online

Branch

 

Telephone

Branch

 

Telephone

AER: Current Rate

Up to 0.40%

Up to 0.40%

Rate guaranteed for the duration of fixed deposit

Benefits

Manage your day-to-day finance

Manage money on behalf of your clients. 

For businesses like lawyers, accountants and estate agents

 

Get a much higher return compared with a standard savings account.

For businesses with big deposits that are looking for higher returns.

 

Please note, from 8 January 2020, the interest rates for our Business Premium Account and Clients Premium Account will reduce by 0.10% across all tiers.

How to apply

Already bank with us?

Call us on 0345 605 23452 if you have a business account with us and would like to open a savings account.

Don’t have access to Online Banking?

Give us a call on your usual number or dial 0333 202 74463