Best Buy - Business Savings Accounts

Find the best deposit account interest rates for your business.

A deposit account is basically a business savings account. You might want to consider a business deposit account if your business has a large cash surplus that you’d like to be earning some interest on, either to act as a reserve, or to save for new equipment, a staff outing or as a deposit on larger premises.

Whatever the reason for saving, you want your money to be earning as much interest as it can, instead of languishing in your business’ current account where it may not be earning as much.

Business deposit accounts can allow instant access to your money, or require you to give notice before withdrawing funds so think about how much access your business might need to this money before choosing an account.

Our business deposit account best buys

Our business deposit account best buys are a selection of the best no notice and notice savings accounts out there. You should note that for notice savings accounts, if you fail to give the required notice, you will usually forfeit a certain amount of interest. A no notice or instant access business savings account is suitable if you want to have quick access to your business’ savings, should the need arise.

A business investment account can pay a higher interest rate if you take a longer term view of withdrawals by taking out a 30 day business notice account or longer.

If you’re saving for a longer term business goal, a business fixed rate bond can offer a better return, although you must be prepared to tie the money up for longer.  Visit our Business Bond Selection to check the best rates.