Business Easy Access
Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | Eligibility | SG Verdict |
---|---|---|---|---|---|---|---|
|
3.66% | £1,000 / £1m | Branch | Branch |
|
- 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 |
|
3.66% | £1,000 / £1,000,000 | Branch | Branch |
| - 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 |
|
2.39% | £2,500 / £250,000 | Branch | Branch |
| 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 |
|
3.05% | £100 / £750,000 | Branch | Branch |
| - 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 |
There is a local version of this account, which pays an attractive 3.30%, but this is only available for Buckinghamshire based businesses. |
|
3.26% | £10,000 / £500,000 | Branch | Branch |
|
- Partnership - Ltd Company - Must be UK registered company - Directors/shareholders must be UK resident |
Charity Bank is an ethical bank owned by charitable foundations, trusts and social purpose organisations based in Tonbridge. |
|
3.00% | £1,000 / £1m | Branch | Branch |
|
- 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. |
|
3.60% | £1 / £1m | Branch | Branch |
| - 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 |
|
3.30% | £10,000 / £500,000 | Branch | Branch |
| - Ltd Company - Limited Liability Partnership - Not for profit - Charities
|
Very competitive rate from Essex based Saffron, who look after £898m of savings and are one of the top 20 building societies, by size, in the UK |
|
3.00% | £1,000 / £1m | Branch | Branch |
| - Sole trader 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. |