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Branch
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• Paid Away or Compounded
• Paid Monthly
• Paid Annually
• Paid on monthly or annual anniversary of account opening

- Sole trader

- Partnership

- Limited Partnership

- LLP

- Ltd Company

Peterborough based Aldermore launched in 2009 and look after over £13.1bn of deposits.

You can find out more about them here

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Branch
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• Paid Monthly
• Paid Annually

Sole trader

Partnership

Ltd Company

LLP

Plc

Not for profit

Bath is one of the smallest building societies in the UK, looking after £225m of deposits.

Withdrawals are restricted to a maximum of two per calendar month

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Branch
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• Paid Away or Compounded
• Paid Annually
• Paid 31st December

- Limited Company

- Limited Liability Partnership

- Not for profit organization

- Partnership

- Public Limited Company

- Sole Trader

- Accountants

- Associations

- AVC Trustees

- Charities

- Churches

- Clubs

- Co-operatives

- Embassies

- Estate Agents

- Executors

- Financial Intermediaries

- Friendly Societies

- Pension Fund Managers

- Schools/Colleges

- Scottish Solicitors

- Social Enterprises

- Solicitors

- Trade Union 

10 free withdrawals are permitted from this account. There is a local version of this account, which pays an attractive 1.95%, but this is only available for Buckinghamshire based businesses.

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Branch
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• Paid Monthly
• Paid Annually
• Monthly interest paid on the last working day of the month Annual interest paid on 5th April

- Maximum of 3 Directors who are also major (25%+) shareholders

- Ltd companies only

This rate was introduced on 19th June 2020, having been held at 0.90% since 2017.

Kent Reliance are part of One Savings Bank, which has recently completed a merger with Charter Court Financial Services (which includes Charter Savings Bank) and now looks after combined savings balances of £16.3bn.

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Branch
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• Paid Annually
• Annual interest paid 31st March
• Added to the account

-       Limited Company

-       Accountants

-       Estate Agents

-       Schools/Colleges

-       Solicitors

-       Must be UK registered business

-       Maximum of 4 signatories

Monmouthshire Building Society is based in Newport and was founded in 1869.  It looks after £818m of savers deposits

Branch
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Branch
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Telephone

• Paid Monthly
• Paid Annually
• Monthly interest paid on the last working day of the month Annual interest paid on 5th April
• Annual interest paid 31st March

- Sole Trader
- Charity
- Partnership
- Ltd Company
- Plc
- Express Trusts
- Unincorporated (Club, Parish Council)

Must also:

- Employ up to 250 employees.
- Have an annual turnover or assets of up to £45 million.
- Be UK registered    

Nationwide is the UK’s largest building society and was formed in 1846    

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Branch
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• Paid on Anniversary
• Paid Monthly
• Paid Annually

-       Ltd Company

-       LLP

-       Partnership

-       Sole Trader

-       Maximum turnover of business is £42.5m

Newcastle is the eighth largest building society in the UK, looking after £3.4bn of savings

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Branch
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• Paid Monthly
• Paid Compounded

Available to businesses that have been registered in the UK for at least 2 years and are registered with HMRC to pay tax in the UK.

All shareholders and directors must be UK residents and liable to pay tax in the UK

The business must not be engaged in oil or gas production; leather tanning; manufacturing, dressing or dyeing of fur; armaments; defence activities; wholesale or recovery of waste or scrap; banking or credit; trade finance; insurance or pensions activities; and gambling or betting activities.    

OakNorth launched in 2015 and offers debt and property finance to UK small and medium size enterprises.

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

-       Sole Trader

-       Ltd Company 

-       Partnership

-       LLP

-      Must be Small to Medium Sized Enterprise with fewer than 250 employees and either assets of less than £36.5m or turnover under £42m

-       Must be UK registered business with directors and beneficial owners all UK resident and at least 18 years old

Recognise received its full banking licence in September 2021 and looks after just under £100m of savings.  You can find out more about them here

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Branch
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• Paid Annually
• Paid 31st December
• Paid Compounded

-       Ltd Company

-       Limited Partnership

-       LLP

-       Charity

-    Must have UK business current account

-    All signatories must be UK resident taxpayers

Very competitive rate from Essex based Saffron, who look after £850m of savings and are one of the top 20 building societies, by size, in the UK

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Branch
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• Paid Annually
• Paid 31st December

-       Limited Company

-       Limited Liability Partnership

-       Partnership

-       Sole Trader

-       Must be UK registered business

Essex based Shawbrook launched in 2011 and re-launched its business savings proposition in 2019.  It has been a stalwart in the business best buys since.

Find out more about them here

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Branch
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• Paid Monthly

-       Ltd Company

-       LLP

-       Not for profit

-       Partnership

-       Plc

-       Sole Trader

-       Maximum turnover of business is £2m

TSB was relaunched in 2013 as part of a separation of part of the Lloyds Banking Group. Since June 2015, it has been part of Spanish Banking Group Sabadell and has around 500 branches across the UK

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Branch
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• Paid Monthly
• Paid Annually
• Monthly Interest Paid on the 10th of the Month

- Sole trader
- Partnership
- LLP
- Ltd Company
- Plc

Must be UK registered business.

Directors and owners must be UK resident    

Virgin Money entered the business savings market in January 2018, and launched a best buy rate in May 2018.  They've historically been very competitive however they cut their rate to 0.40% in April 2020.