Building society business accounts.
Here to help
With us business is personal.
We offer a warm welcome to local businesses looking for a straightforward savings account for their funds.
Our Business 1 Year Fixed Rate Bond or Business 90 Day Notice Account can help your firm save for future success. While our Everyday Business Saver account is perfect if you want more flexible access to your funds, so that you can take advantage of the next opportunity that arises.
Account Name
Rate
Apply by
Withdrawals
Balance Restrictions
Type
Full Details
Everyday Business Saver
Get instant access to your money.
Variable
Get instant access to your money.
Rate
2.70%
Gross* /AER**
Access Type
Branch, post
Withdrawals
Unlimited withdrawals
Minimum Balance
£25,000 – £1,000,000
Variable
Business 1 Year Fixed Rate Bond (30.06.2026)
Get a fixed rate of interest when you lock away your pot for a year.
Fixed
Get a fixed rate of interest when you lock away your pot for a year.
Rate
4.00%
Gross*/AER**
Access Type
Branch, post
Withdrawals
No withdrawals until end of term
Minimum Balance
£25,000 – £1,000,000
Fixed
Business 90 Day Notice Account
A variable rate notice account
Variable
A variable rate notice account
Rate
3.25%, 3.50%
Gross*/AER**
Access Type
Branch, post
Withdrawals
90 Days Notice or Interest Penalty
Minimum Balance
£25,000 – £1,000,000
Variable
*Gross
The rate paid with no income tax deducted. For more information on your Personal Savings Allowance, please refer to www.gov.uk
**AER (Annual Equivalent Rate)
A rate which illustrates what the gross rate would be if the interest was paid and added once each year. This helps you compare more easily the return you can expect from your savings over time.
Savings
How can a building society business savings account benefit my company?
Our savings accounts can help your business earn a return on its cash. So don’t leave it languishing in a current account, when you could take advantage of a more competitive rate of interest.
Whichever option you choose, your company will benefit from saving surplus funds, earning a favourable return on excess cashflow and added capital.
Use our handy savings account finder to view our full range of business savings accounts and find out which option is best for your company.
FAQs
Frequently asked questions about business savings accounts.
Yes, it can. Ours are designed to meet the needs of limited companies, Limited Liability Partnerships (LLPs) and charities.
Building society charity savings accounts pay interest gross. However, unlike a commercial business, charities don’t generally have to pay tax on their savings interest.
As with personal accounts, the best account for your business will depend on your goals. Our Everyday Business Saver instant access account will help with saving for short term goals, giving you penalty free access to your funds whenever you need them. Or, if you’re saving for the long term, why not consider our Business 1 Year Fixed Rate Bond or Business 90 Day Notice Account.
Broadly speaking, business savings accounts work in much the same way as personal savings accounts. Take a look at the full range of products on offer, select the best one for your business needs, deposit your funds and watch your savings grow over time.
Use our handy savings account finder to view our full range of business savings accounts and find out which option is best for your company.
Our business savings accounts are available to organisations based in our local postcode areas AL, CB, CM, CO, IP, LU, NR, PE or SG. They’re open to limited companies, LLPs and charities, but aren’t available to sole traders, unregistered charities, informal partnerships or clubs. Other restrictions may apply, so please check the individual product terms and conditions.
To open an account, you’ll need to book an appointment with your branch or regional manager to complete an application form and make a deposit. Speak to us today to book your appointment. Alternatively, you can post your application form to us. Please note, business savings accounts cannot be opened online or over the phone though.
To check any access restrictions which may be in place you will need to check the individual product terms and conditions.
To view the maximum balance for a business savings account you will need to check the individual product terms and conditions.
Find the right savings account for you.
We’re here to help
Ready to talk?
Our door is open and it’s got real people behind it. If you want to talk to us, we’d love to hear from you, whether you choose to visit your local branch in person, drop us an email or give us a call.
Prefer to talk?
Call 0330 123 0723
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Keep up to date
Savings news.
Our blog contains the latest goings-on and updates across the Society, so here’s where you can check out our latest savings news.
Or, if you want to see more than just savings, take a look at all of our blogs.
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A Guide to how Much Savings Interest is Tax-Free
We’re Making Improvements: Planned Maintenance to Online Service.
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