Receive the Savings Guru's updates straight to your inbox

Business Notice Accounts

Provider Rate Min/Max Deposit Opening Account Accessing Account Interest Options Eligibility SG Verdict
Allica Bank
0.70% (95 Days) £10,000 / £250,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid on Anniversary
  • Paid Monthly
  • Paid Annually
  • Paid On Maturity

- Ltd Company only

- Must be UK based

Allica are based in Milton Keynes and were awarded their banking licence in 2019 and launched in April 2020. 

Cambridge & Counties Bank
0.75% (95 Days) £10,000 / £3m

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

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

Sole trader

Ltd company

Partnership

LLP

Society

Association

Charity

Trust

Parish Council

 

Must be UK registered and UK resident shareholders

 

Cambridge & Counties Bank launched in June 2012 as a specialist business finance and savings bank

C&CB have over £800m of business deposits    

Close Brothers
0.60% (95 Days) £25,000 / £1m

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid half yearly
  • Paid 1st January
  • Paid 1st July

-       Limited Company

-       Limited Liability Partnership

-       Public Limited Company

-       Accountants

-       Associations

-       Charities

-       Churches

-       Clubs

-       Co-operatives

-       Schools/Colleges

-       Trust Fund

Close has been trading since 1878, is listed on the FTSE 250 and looks after £5.5bn of savings

This account is open to UK incorporated companies with less than 250 employees whose net turnover is under £40m or balance sheet is under £35m

 

Hampshire Trust Bank
0.85% (95 Days) £5,000 / £750,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

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

-       Ltd Company 

-       Plc

-       Partnerships 

-       LLP

-       Registered Charities

-       Trusts

-       Clubs

-       Associations

-       Societies

-       Must be UK registered business

London based Hampshire Trust Bank launched in 1977 but was acquired by a new management team in 2014.  It has consistently appeared in the business account best buy tables since launch.

Hampshire look after £1.1bn of deposits

Hodge Bank
0.70% (100 Days) £10,000 / £1m

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Monthly
  • Paid Away

-       Limited Companies

-       LLPs

-       Sole Traders

-       Partnerships

 Hodge bank is based in South Wales and was authorised in 1987 and looks after just under £1bn of deposits.

Melton Building Society
0.50% (100 days) £100 / £500,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Away or Compounded
  • Paid Annually
  • Annual interest paid 31st March

-       Limited Company

-       LLPs

-       Not for profit organisations

-       Partnership

-       Sole Trader

-       Charities (registered)

-       Churches

-       Clubs

-       Schools/Colleges

-       Social Enterprises

-       Must be UK registered business

The Melton is based in Melton Mowbray, with additional branches in Grantham and Oakham, and looks after £380m of savings.

Monmouthshire Building Society
0.50% (90 Days) £5,000 / £5m

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • 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

Redwood Bank
0.80% (95 Day) 0.70% (35 Day) £10,000 / £1,000,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

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

-       Sole trader

-       Ltd company

-       Partnership

-       LLP

-       Club, society, association

-       Charity

-       Must be UK registered business

-       Shareholders must be UK residents    

Redwood Bank launched in August 2017, as a specialist business bank, and have been consistently competitive on business notice accounts since

Shawbrook Bank
0.55% (45 Day) £1,000 / £1,000,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Annually

-       Limited Company

-       Limited Liability Partnership

-       Partnership

-       Sole Trader

 

-       Must be UK registered business

Essex based Shawbrook launched in 2011 and re-launched its business account proposition in November 2019.  It has been a stalwart in our business best buy tables since then.

Shawbrook Bank
0.75% (100 Days) £1,000 / £1,000,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Annually

-       Limited Company

-       Limited Liability Partnership

-       Partnership

-       Sole Trader

 

-       Must be UK registered business

Essex based Shawbrook launched in 2011 and re-launched its business account proposition in November 2019.  It has been a stalwart in our business best buy tables since then.

About The Savings Guru

We help savers get the best deal for their money by providing unique insight in to the savings market.  We help prospective banks apply for a banking licence and we help build customer services, products and marketing for them.  We also work with existing banks and building societies to improve their savings propositions.  This  insider view of savings means we are uniquely placed to help savers.

Find out moreMeet the Team

Ask the Guru a Question

Your Name

Please let us know your name.
Your Email

Please let us know your email address.
Question

Please let us know your message.


Invalid Input