Business Deposits - Notice Accounts | The Savings Guru

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. You can find out more about them here
Cambridge & Counties Bank	0.85% (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
Close Brothers Savings	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	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
A 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. You can read more about them here
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.
ZZ 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	0.90% (95 Day) 0.80% (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
Apply Now	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 savings proposition in 2019. It has been a stalwart in the business best buys since. Find out more about them here
Apply Now	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 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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