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Savings

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Business Reserve account

Making your business savings grow

Whether you're saving for bills, equipment, or business expansion - our savings account lets you earn interest and have instant access to your funds.

  • Low minimum balance - open an account with just 1 and invest up to 2 million
  • Instant access - no withdrawal penalties and same day transfers to and from your current account
  • Quarterly interest - calculated daily and added to your account each quarter
  • No fees - there are no charges on a business reserve account
  • Interest options - interest can be paid into your reserve account or current account

Interest rates

Balance Gross Rate % AER %
0- 999,999.99 0.20 0.20
1m+ 0.30 0.30

Interest calculated daily and applied monthly.

Interest rates correct at 1 October 2018 and are subject to variation.

Common definitions

Gross Rate - This is the interest you are paid

Annual Equivalent Rate (AER). This is a notional rate used for interest bearing accounts, which illustrates what the gross credit interest rate (excluding any bonus interest payable) would be if paid and compounded on an annual basis. It helps you to compare the effective rates of credit interest on different accounts.

Get in touch

  • Call us on
    01624 637000


Lines are open: Mon to Fri 9.00am-5.00pm
(excluding public holidays).
Calls may be recorded