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Business 1 Year Fixed

Provider Rate Min/Max Deposit Opening Account Accessing Account Interest Options Eligibility SG Verdict
Al Rayan Bank
2.17% £1,000 / no maximum

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Annually
  • Paid Quarterly
  • Paid Away

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

Aldermore
1.85% £1,000 / £1,000,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Anniversary
  • Paid Away or Compounded
  • Paid Monthly
  • Paid Annually

·       Sole trader

·       Partnership

·       Limited Partnership

·       LLP

·       Ltd Company

Aldermore was formed in 2009 and is now part of South African banking group FirstRand 

Hampshire Trust Bank
1.75% £5,000 / £750,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Anniversary
  • Paid Away or Compounded
  • Paid Annually

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    

Metro Bank
1.75% £5,000 / No Maximum

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Anniversary
  • Paid Monthly
  • Paid Annually

• 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

United Trust Bank
1.90% £5,000 / £1,000,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Annually
  • Paid On Maturity

·       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    

Virgin Money
1.75% £1,000 / £2,000,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Monthly
  • Paid Annually

·       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

About The Savings Guru

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