Looking for a bank account to help grow your business? Compare the best business bank accounts based on your company status, preferred methods to open and manage your account and the best introductory offers.  Depositor Protection Scheme – businesses and charities


Newcastle BS Logo
Newcastle BS Newcastle Business Saver FSCS logo
FSCS logo
AER
1.05%
Notice / Term
Instant
Deposit
£1
Account Type
Business Variable
Interest Paid
Anniversary
Account Information
Application Criteria
Access
Rates
Information
Additional Information

Account Information

Account Available From 21/08/2019
Interest Type Variable Rate
Account Management
Post
Branch
Internet
Telephone
Mobile App

Application Criteria

Minimum Turnover N/A
Maximum Turnover £10,000,000
Available To
Limited Company Limited Liability Partnership Partnership Sole Trader

Access

Withdrawals Allowed
Early Access Allowed
Access Note N/A
Further Additions Allowed

Rates

Rate 1.05% paid at £1
AER 1.05% paid at £1

Information

Minimum Opening Amount £1
Maximum Investment £1,000,000
Min Age N/A
Max Age N/A
Taxation -

Additional Information

N/A
Newcastle BS Logo
Newcastle BS Newcastle Business Saver FSCS logo
FSCS logo
AER
1.04%
Notice / Term
Instant
Deposit
£1
Account Type
Business Variable
Interest Paid
Monthly
Account Information
Application Criteria
Access
Rates
Information
Additional Information

Account Information

Account Available From 21/08/2019
Interest Type Variable Rate
Account Management
Post
Branch
Internet
Telephone
Mobile App

Application Criteria

Minimum Turnover N/A
Maximum Turnover £10,000,000
Available To
Limited Company Limited Liability Partnership Partnership Sole Trader

Access

Withdrawals Allowed
Early Access Allowed
Access Note N/A
Further Additions Allowed

Rates

Rate 1.04% paid at £1
AER 1.04% paid at £1

Information

Minimum Opening Amount £1
Maximum Investment £1,000,000
Min Age N/A
Max Age N/A
Taxation -

Additional Information

N/A
Saffron BS Logo
Saffron BS Business e-saver (Issue 6) FSCS logo
FSCS logo
AER
1.02%
Notice / Term
None
Deposit
£10,000
Account Type
Business Variable
Interest Paid
Yearly
Account Information
Application Criteria
Access
Rates
Information
Additional Information

Account Information

Account Available From 21/03/2019
Interest Type Variable Rate
Account Management
Post
Branch
Internet
Telephone
Mobile App

Application Criteria

Minimum Turnover N/A
Maximum Turnover N/A
Available To
Limited Company Limited Liability Partnership Partnership Sole Trader

Access

Withdrawals Allowed
Early Access Allowed
Access Note N/A
Further Additions Allowed

Rates

Rate 1.02% paid at £10K
AER 1.02% paid at £10K

Information

Minimum Opening Amount £10,000
Maximum Investment £500,000
Min Age N/A
Max Age N/A
Taxation -

Additional Information

N/A
Virgin Money Logo
Virgin Money Business Access Account Issue 6 FSCS logo
FSCS logo
AER
1.01%
Notice / Term
None
Deposit
£1
Account Type
Business Variable
Interest Paid
Monthly
Go To Provider's Site
Account Information
Application Criteria
Access
Rates
Information
Additional Information

Account Information

Account Available From 03/07/2019
Interest Type Variable Rate
Account Management
Post
Branch
Internet
Telephone
Mobile App

Application Criteria

Minimum Turnover N/A
Maximum Turnover £42,500,000
Available To
Limited Liability Partnership Partnership Public Limited Company Sole Trader

Access

Withdrawals Allowed
Early Access Allowed
Access Note Via nominated account.
Further Additions Allowed

Rates

Rate 1.01% paid at £1
AER 1.01% paid at £1

Information

Minimum Opening Amount £1
Maximum Investment £1,000,000
Min Age N/A
Max Age N/A
Taxation -

Additional Information

N/A
Al Rayan Bank Logo
Al Rayan Bank Everyday Saver (Issue 2) FSCS logo
FSCS logo
AER
1.00%
Notice / Term
Instant
Deposit
£500
Account Type
Business Variable
Expected Profit Paid
Monthly
Account Information
Application Criteria
Access
Rates
Information
Additional Information

Account Information

Account Available From 02/10/2019
Interest Type Variable Rate
Account Management
Post
Branch
Internet
Telephone
Mobile App

Application Criteria

Minimum Turnover N/A
Maximum Turnover N/A
Available To
Limited Company Limited Liability Partnership Not for profit organization Partnership Public Limited Company Sole Trader

Access

Withdrawals Allowed
Early Access Allowed
Access Note N/A
Further Additions Allowed

Rates

Rate 1.00% paid at £500
AER 1.00% paid at £500

Information

Minimum Opening Amount £500
Maximum Investment £250,000
Min Age N/A
Max Age N/A
Taxation -

Additional Information

This bank operates under Islamic finance principles, the rates displayed represent the expected profit rate.
Aldermore Logo
Aldermore Easy Access Account Issue 7 FSCS logo
FSCS logo
AER
1.00%
Notice / Term
None
Deposit
£1,000
Account Type
Business Variable
Interest Paid
Anniversary
Go To Provider's Site
Account Information
Application Criteria
Access
Rates
Information
Additional Information

Account Information

Account Available From 31/08/2018
Interest Type Variable Rate
Account Management
Post
Branch
Internet
Telephone
Mobile App

Application Criteria

Minimum Turnover N/A
Maximum Turnover N/A
Available To
Limited Company Limited Liability Partnership Partnership Public Limited Company Sole Trader

Access

Withdrawals Allowed
Early Access Allowed
Access Note N/A
Further Additions Allowed

Rates

Rate 1.00% paid at £1K
AER 1.00% paid at £1K

Information

Minimum Opening Amount £1,000
Maximum Investment £1,000,000
Min Age N/A
Max Age N/A
Taxation -

Additional Information

N/A
Aldermore Logo
Aldermore Easy Access Account Issue 7 FSCS logo
FSCS logo
AER
1.00%
Notice / Term
None
Deposit
£1,000
Account Type
Business Variable
Interest Paid
Monthly
Go To Provider's Site
Account Information
Application Criteria
Access
Rates
Information
Additional Information

Account Information

Account Available From 31/08/2018
Interest Type Variable Rate
Account Management
Post
Branch
Internet
Telephone
Mobile App

Application Criteria

Minimum Turnover N/A
Maximum Turnover N/A
Available To
Limited Company Limited Liability Partnership Partnership Public Limited Company Sole Trader

Access

Withdrawals Allowed
Early Access Allowed
Access Note N/A
Further Additions Allowed

Rates

Rate 1.00% paid at £1K
AER 1.00% paid at £1K

Information

Minimum Opening Amount £1,000
Maximum Investment £1,000,000
Min Age N/A
Max Age N/A
Taxation -

Additional Information

N/A
Cumberland BS Logo
Cumberland BS eSavings Account (Issue 4) FSCS logo
FSCS logo
AER
1.00%
Notice / Term
None
Deposit
£1
Account Type
Business Variable
Interest Paid
Yearly
Account Information
Application Criteria
Access
Rates
Information
Additional Information

Account Information

Account Available From 08/02/2019
Interest Type Variable Rate
Account Management
Post
Branch
Internet
Telephone
Mobile App

Application Criteria

Minimum Turnover N/A
Maximum Turnover N/A
Available To
Limited Company Limited Liability Partnership Not for profit organization Partnership Public Limited Company Sole Trader

Access

Withdrawals Allowed
Early Access Allowed
Access Note N/A
Further Additions Allowed

Rates

Rate 1.00% paid at £1
AER 1.00% paid at £1

Information

Minimum Opening Amount £1
Maximum Investment £1,000,000
Min Age N/A
Max Age N/A
Taxation -

Additional Information

N/A
State Bank of India Logo
State Bank of India Business Savings Account FSCS logo
FSCS logo
AER
1.00%
Notice / Term
Instant
Deposit
£10,000
Account Type
Business Variable
Interest Paid
Monthly
Account Information
Application Criteria
Access
Rates
Information
Additional Information

Account Information

Account Available From 08/07/2019
Interest Type Variable Rate
Account Management
Post
Branch
Internet
Telephone
Mobile App

Application Criteria

Minimum Turnover N/A
Maximum Turnover N/A
Available To
Limited Company Limited Liability Partnership Not for profit organization Partnership Public Limited Company Sole Trader

Access

Withdrawals Allowed
Early Access Allowed
Access Note If min £10K balance held, 25 transactions permitted per month after which standard charges apply.
Further Additions Allowed

Rates

Rate 1.00% paid at £10K
AER 1.00% paid at £10K

Information

Minimum Opening Amount £10,000
Maximum Investment £5,000,000
Min Age N/A
Max Age N/A
Taxation -

Additional Information

N/A
TSB Logo
TSB Business Instant Access FSCS logo
FSCS logo
AER
1.00%
Notice / Term
None
Deposit
£1
Account Type
Business Variable
Interest Paid
Monthly
Account Information
Application Criteria
Access
Rates
Information
Additional Information

Account Information

Account Available From 02/11/2018
Interest Type Variable Rate
Account Management
Post
Branch
Internet
Telephone
Mobile App

Application Criteria

Minimum Turnover N/A
Maximum Turnover £2,000,000
Available To
Limited Company Limited Liability Partnership Not for profit organization Partnership Public Limited Company Sole Trader

Access

Withdrawals Allowed
Early Access Allowed
Access Note N/A
Further Additions Allowed

Rates

Rate 0.15% paid at £1, 1.00% paid at £5K
AER 0.15% paid at £1, 1.00% paid at £5K

Information

Minimum Opening Amount £1
Maximum Investment £5,000,000
Min Age N/A
Max Age N/A
Taxation -

Additional Information

N/A
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All overdrafts are subject to the applicant’s status. You may not be offered credit. All rates and fees are subject to change without notice. Please check all rates and terms before borrowing.

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Business Easy Access Savings Accounts

Michelle Monck

Michelle Monck

Consumer Finance Expert

What is an easy access business savings account?

An easy access or instant access business savings account is an account that either does not have any restrictions on withdrawals at all, such as a requirement to give notice, or may limit these to a set number each month or year.

Easy access business savings FAQs

Here’s why an easy access savings account could be a good choice for your business.

Can I open an easy access account for my business?

Yes, most easy access accounts are available to all types of different businesses including sole traders, partnerships, limited companies and not for profit organisations.

How much money do I need to open an easy access savings account for my company?

There are lots of accounts that only require a minimum £1 deposit.

How do I get the best savings rate for my easy or instant access business savings account?

You can get some of the best savings rates for businesses with easy access from as little as £1. Generally, a £1,000 deposit will secure you a top rate.

What is the difference between a business savings account with easy access versus a bond?

An easy access account typically allows you to access your funds without penalty or restrictions, whereas a bond usually requires you to lock your funds away for a set period of time before you can access your funds.

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