At Shawbrook Bank, we make it easy to get the most from your spare cash – whether you want to lock it away for a set period of time or have flexibility to access it.
Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme up to a maximum level of protection of £85,000 per business per institution. The deposits of most businesses are covered up to the £85,000 limit, but businesses should check with their bank before they apply as there are exclusions.
Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment either if you click the links or if you use their services after you click through to their site. All information is subject is subject to change without notice. Please check all terms before making any decisions.Disclaimer
The list of notice business accounts providers on this page is a selection of services available and gives you an idea of the kind of options available. You can find out more about the individual products by visiting any of the providers listed. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts.co.uk will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts.co.uk recommends you obtain independent financial advice.Quick Links
Quick links are where we have an arrangement with a provider so you can move directly from our site to theirs to view more information and apply for a product. We also use quick links where we have an arrangement with a preferred broker to move you directly to their site. Depending on the arrangement we may receive a modest commission either when you press a 'Go to Provider' or 'Speak to a Broker' button, when you call an advertised number or when you complete an application.
A business notice savings account is an account that requires the business to serve a set number of days’ notice to withdraw their funds. Notice periods can range from 7 days through to 180 days or more.
Yes, most notice business accounts are available to a range of organisations, from the self-employed, micro businesses through to private limited companies.
There are notice accounts available for businesses that start with a minimum deposit of £1.
A higher balance could get you a higher rate, usually some of the better rates start from £10,000. In addition, a longer notice period could also equate to a higher rate. However, it’s not always the case as some providers choose to be more competitive to secure business deposits and may offer improved rates for notice periods.
A bond will offer you a fixed rate of interest for a fixed duration of time, whereas notice accounts usually have a variable rate of interest. This means the bank or building society can change this rate at any time (subject to giving you written notice of the change in advance).
Both products usually include penalties if you try to access your funds before the notice period set or the fixed term ends.
BALANCED. Moneyfacts.co.uk is entirely independent and authorised by the Financial Conduct Authority for mortgage, credit and insurance products.
FREE. There is no cost to you. Our service is entirely free and you don't need to share any personal data to access our comparison tables.
TRANSPARENT. We only receive payment from product providers and intermediaries for quick/direct links and adverts through to their websites.
COMPREHENSIVE. We research the whole market and scour the small print so you can find the best products for your needs.
Buying a commercial property is a big step for your business. To do this, it's likely you'll need a commercial mortgage to finance the purchase. Read our guide to find out more about commercial mortgages.
Buying a commercial property is a big step for your business, and you may need a commercial mortgage to finance the purchase. Read our guide to find out more.
What you need to know about how being self-employed can impact your finances.
While bridging loans and commercial mortgages are both loans that are secured against property, they have a number of differences. Our helpful guide explains everything you need to know.
While bridging loans and commercial mortgages are both loans that are secured against property, they have a number of differences. Our guide exlplains more.
We discuss five reasons why it's a good idea to keep your business and personal bank accounts separate. Including tax reasons and banking rules. Read our guide to find out more.
We discuss five reasons why it's a good idea to keep your business and personal bank accounts separate. Including tax reasons and banking rules.