Business interest rates

The following interest rates are available to Barclays Business customers. You can find details of the Business Customer Agreement and full terms and conditions that relate to each account. You can also find out about the currency reference rates for accounts held in a foreign currency.

Interest is calculated daily on a 365 day year for accounts in Sterling and some currencies, and a 360 day year for accounts in US Dollar, Euro and other currencies. Details are available from us on request.

Business Premium Account

A deposit account with easy, same-day access available by transferring funds to your Business Current Account. Interest paid quarterly.

Upcoming interest rate reductions

The interest rate will go down on 19 December 2024 and 11 March 2025. The new interest rates will be:

Clients Premium Account

An interest-bearing client account for businesses or bodies who hold clients’ funds with no charges for credits. Interest paid quarterly.

Upcoming interest rate reductions

The interest rate will go down on 19 December 2024 and 11 March 2025. The new interest rates will be:

Barclays Treasury Deposits

Rates and minimum balance requirements available on request. At maturity for fixed deposits or on repayment for Call and Notice deposits, funds can be repaid to your Barclays current or deposit account.

Currency Business Premium Account

An interest-earning account that provides ready access to money and is available in a wide range of foreign currencies. Interest paid quarterly.

Upcoming interest rate decrease
The interest rates for some currencies will go down on 11 March 2025. The new interest rates will be:

Currency Clients Premium Account

A convenient account that simplifies the administration of your clients' funds, for both general and designated use, in a number of major non-sterling currencies. Interest is paid quarterly.

Upcoming interest rate decrease
The interest rates for some currencies will go down on 11 March 2025. The new interest rates will be:

Barclays Business Current Account with Credit Interest

A business current account to meet all of your day to day banking requirements. Business customers (maximum annual sales revenue £25 million) can choose to earn credit interest on their business current account while paying standard Business Tariff.

Credit interest is paid monthly in arrears on all cleared balances at a rate 2.5% below the Bank of England Base Rate (‘Base Rate’).

If your Business Current Account goes overdrawn (where there isn’t an agreed overdraft on the account or in excess of an agreed overdraft), you will be charged unauthorised-overdraft interest at a rate of 29.5% per annum. Interest will be calculated on an unauthorised overdraft on a daily basis and you’ll be pre-notified at least 14 days before the interest charges are applied to your account in line with your charging period.

If your currency deposit account goes overdrawn, you will be charged at the unauthorised-overdraft rate, which is currently 15% above the relevant reference rate for each currency, with the exception of the Currency Clients Premium Account. For the Currency Clients Premium Account, the unauthorised-overdraft rate is 29.5% per annum.

We advise changes to interest rates on these accounts in accordance with the provisions of the Business Customer Agreement.

Read more about our current currency reference rates.

In accordance with UK tax legislation, from 6 April 2016 interest is paid gross. For UK resident individuals (including sole traders or partnerships), if you are a UK taxpayer you may have to pay tax on interest earned in excess of your Personal Savings Allowance. For information and guidance please refer to HMRC’s website.

The management of your tax affairs is your responsibility, including making any required declarations to the relevant tax authority(ies), where you are tax resident.