Business 1 Year Fixed
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | Eligibility | SG Verdict |
|---|---|---|---|---|---|---|---|
|
2.17% | £1,000 / no maximum | Branch | Branch |
| Ltd Company LLP Not for profit Partnership Plc Sole Trader Charities Client Monies Clubs Executors |
Al Rayan Bank is a Sharia Bank and operates under Islamic Finance principles The rate offered represents an expected profit rate, rather than a fixed interest rate. The Bank has always delivered it’s expected profit |
|
1.85% | £1,000 / £1,000,000 | Branch | Branch |
|
· Sole trader · Partnership · Limited Partnership · LLP · Ltd Company |
Aldermore was formed in 2009 and is now part of South African banking group FirstRand |
|
1.75% | £5,000 / £750,000 | Branch | Branch |
| Ltd Company Plc Partnerships LLP Registered Charities Trusts Clubs Associations Societies
Must be UK registered |
London based Hampshire Trust Bank launched in 1977 but was acquired by a new management team in 2014 and has been a stalwart in the business notice account best buy tables since launch |
|
1.75% | £5,000 / No Maximum | Branch | Branch |
| • Sole trader • Partnership • LLP • Ltd Company • Plc • Not for profit Must be UK registered business |
Metro has 67 branches across the UK and has been in operation since 2009 and looks after over £15bn of savings |
|
1.90% | £5,000 / £1,000,000 | Branch | Branch |
| · Sole Trader · Ltd Company · LLP · Partnership · SIPPs / · SASSs · Trusts · Clubs & Societies |
United Trust Bank was founded in 1955 and is a specialist lender Their sole branch is in Moorgate in London |
|
1.75% | £1,000 / £2,000,000 | Branch | Branch |
| · Sole trader · Partnership · LLP · Ltd Company · Plc Must be UK registered business. Directors and owners must be UK resident |
Competitive rate from Virgin, who entered the business savings market in January 2018. The low minimum deposit will appeal to many businesses as will the free access to Virgin Money Lounges |