Business Notice Accounts
| Provider | Rate | Min/Max Deposit | Opening Account | Accessing Account | Interest Options | Eligibility | SG Verdict |
|---|---|---|---|---|---|---|---|
|
1.85% (180 Days) 1.70% (95 Days) | £10,000 / £250,000 | Branch | Branch |
| - 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 |
|
0.75% (120 Days) | £100 / £500,000 | 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 |
Buckinghamshire is one of the smallest building societies in the UK, looking after £234m of deposits. They have been competitive on business accounts throughout 2020. |
|
1.65% (95 Day) | £10,000 / £3m | Branch | Branch |
| 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 |
|
1.86% £25,000+ 1.71% £1,000+ (100 Day Notice) | £1,000 / £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 |
|
1.70% (95 Days) | £25,000 / £1m | Branch | Branch |
| - 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
|
|
1.125% (32 day) | £40,000 / £800,000 | Branch | Branch |
| - Limited Company - Registered for at least one year - Total balance sheet of less than £36.55m - Turnover of less than £42.5m - Directors / beneficial owners are UK resident and UK taxpayers only |
Investec is the 10th largest bank in the UK |
|
0.75% (90 Days) | £5,000 / £5m | Branch | Branch |
| - 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 |
|
1.26% (125 Day) 1.16% (95 Day) | £50,000 / £1,000,000 | Branch | Branch |
| - 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. |
|
1.60% (60 Day) | £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 |
|
2.20% (95 Day) | £1,000 / £85,000 | Branch | Branch |
|
- 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 |
|
1.95% (95 Day) | £10,000 / £1,000,000 | Branch | Branch |
| - 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 |
|
0.90% (45 Day) | £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 |
|
1.00% (100 Day) | £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 |
|
2.10% (200 Day) 1.95% (100 Day) 1.70% (40 Day) |
£5,000 - £1,000,000 | Branch | Branch |
| - 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 |
|
1.36% (120 Day) 1.26% (95 Day) 1.11% (65 Day) 1.00% (30 Day) | £1 / No maximum | Branch | Branch |
| · 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 |