Business Deposits - Notice Accounts | The Savings Guru

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Business Notice Accounts

Provider	Rate	Min/Max Deposit	Opening Account	Accessing Account	Interest Options	Eligibility	SG Verdict
Apply Now	4.25% (100 Day)	£5,000 - £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid 31st October	- Sole Trader - Ltd Company - LLP - Partnership - SIPPs / SASSs - Trusts - Clubs & Societies	London based specialist lender United Trust launched in 1955 and look after £1.6bn of savings Find out more about them here
Apply Now	3.75% (40 Day)	£5,000 - £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid 31st October	- Sole Trader - Ltd Company - LLP - Partnership - SIPPs / SASSs - Trusts - Clubs & Societies	London based specialist lender United Trust launched in 1955 and look after £1.6bn of savings Find out more about them here
Apply Now	5.25% (180 Day Base Rate Tracker)	£5,000 - £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid 31st October	- Sole Trader - Ltd Company - LLP - Partnership - SIPPs / SASSs - Trusts - Clubs & Societies	The interest rate tracks the Bank of England Base Rate, currently 5.25%, for the duration of the account being open London based specialist lender United Trust launched in 1955 and look after £1.6bn of savings Find out more about them here
Apply Now	5.00% (200 Day)	£5,000 - £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid 31st October	- Sole Trader - Ltd Company - LLP - Partnership - SIPPs / SASSs - Trusts - Clubs & Societies	London based specialist lender United Trust launched in 1955 and look after £1.6bn of savings Find out more about them here
Apply Now	4.51% (100 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 savings proposition in 2019. It has been a stalwart in the business best buys since. Find out more about them here
Apply Now	3.76% (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 savings proposition in 2019. It has been a stalwart in the business best buys since. Find out more about them here
Buckinghamshire Building Society	2.40% (120 Days)	£100 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	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	Buckinghamshire is one of the smallest building societies in the UK, looking after £234m of deposits. They have been competitive on business accounts for several years.
Cambridge & Counties Bank	4.50% (95 Day)	£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 You can find out more about them here
Charity Bank	3.33% £25,000+ 3.18% £1,000+ (100 Day Notice)	£1,000 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Quarterly	- 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
Close Brothers Savings	4.50% (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	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 Close Bank have been trading since 1878, are a FTSE 250 listed company and look after over £6.4bn of savings You can find out more about them here
Market Harborough	5.00% (180 Days)	£25,000 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid 31st August	Limited Company Public Limited Company Not for profit Associations Cooperatives Churches Schools / Colleges	Market Harborough Building Society was established in 1870 and has around £300m of savers deposits
Nationwide	1.71% (125 Day) 1.61% (95 Day)	£50,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Annual interest paid 31st March Monthly interest paid first working day of the month	- Sole Trader - Charity - Partnership - Ltd Company - Plc - Express Trusts - Unincorporated (Club, Parish Council) - Employ up to 250 employees. - Annual turnover or assets up to £45m - UK registered businesses only	Formed in 1846, Nationwide is the UK’s largest building society and one of the seven largest savings providers in the UK, looking after £156.5bn of savings deposits.
Newcastle Building Society	4.10% (90 Day) 3.75% (60 Day)	£1 / £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	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
Recognise Bank	4.50% (180 Day) 4.40% (120 Day) 4.30% (95 Day) 3.25% (35 Day) 3.15% (35 Day)	£1,000 / £85,000*	Branch App Internet Post Telephone	Branch App Internet Post Telephone	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	* Maximum deposit for LLP and Ltd companies is £250,000 but for sole traders and partnerships, the limit is £85,000 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
Redwood Bank	4.30% (95 Day) 3.75% (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 launched in August 2017, as a specialist business bank, and have been consistently competitive in our business notice tables since. You can read more about them here
Virgin Money	4.55% (120 Day) 4.05% (95 Day) 3.24% (65 Day) 3.04% (30 Day)	£1 / No maximum	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

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