Easy Access Business Savings Account

Ratings & Reviews

 
4.6  -  (205  Reviews)
 

Easy Access Business Savings Account – The easiest way to take control of your cash and earn a competitive rate.

Maturity DateGross Annual Interest (%)Gross Monthly Interest (%)AER* (%)
Easy Access Issue 51.101.091.10Open an Account

*AER stands for annual equivalent rate and illustrates the interest if paid and compounded once each year.

Key Benefits

  • Competitive rates of interest with no tricks, gimmicks, bonuses or introductory offers to keep an eye on.

  • Fast and simple online account opening - open an account, complete identity checks and arrange to move money in just 15 minutes, leaving you free to focus on your business.

  • Once you’ve funded your Easy Access Account, you can pay more money in or make withdrawals whenever you like. If you make a withdrawal, your money will be transferred to your nominated account.

  • Available to UK businesses without the need to change your existing bank current account.

  • Safe and secure online banking 24/7 - do it online anytime anywhere.

  • UK based expert telephone support - our UK based customer service team are available at time to suit you.

  • 14 Day cooling off period - if you change your mind within 14 days of  funding your new business savings account we'll be happy to refund your savings.

  •  Easy to add or remove names or change user levels.

  • Open an account with just £1,000.

  • No fees or charges for day to day services

Things you need to know

 

  • You should keep at least £1,000 in your account at any one time. An interest rate of 0.05% AER is payable on balances below £1,000.
  • What you'll need to open your account in just 15 minutes:

    • A UK-based business, where all directors, owners and account users are aged 18 or over, resident in the UK and only liable to pay tax in the UK
    • Your business details (Name, Address and if you have one, your Company Registration Number)
    • The sort code and account number for your business' bank or building society account. The account must allow transfers to be made and received electronically and will be known as your nominated account. Your nominated account is the only source from which you can transfer money into your Aldermore account
    • A mobile telephone that can receive text messages. This is how Aldermore will send you your account password and without it you will be unable to log into your account
    • Internet access, as all of our business savings accounts are online accounts and are opened and managed online
  • We do not provide accounts for client money or accounts to be held in Trust
  • To view full terms and conditions please click here

Managing your account with us is simple and straightforward. Check our Key Features for more information on how your account works.

Fees and Charges

You won't have to pay any fees or charges, although there may be a small charge for non-standard services - check our tariff of charges for more detail.

The rates we have previously paid on our Easy Access Account are shown on our Historic Rates Page.

Open now online

It’s easy convenient and secure. Open an account, complete identity checks and move your money in minutes. Any questions, simply

Contact Us

Award Winning BankingBusiness Moneyfacts awards 2014 - best business fixed account provider

We’re delighted to have won this year’s award for Best Business Fixed Account Provider.

View Awards

Quality insurance cover

Available now from Simply Business for Business and Landlord Insurance. Build a tailored policy to suit you.

Get a quote in minutes

Ratings & Reviews

194 out of 205 reviewers would recommend products in this category

Reviews for Easy Access Business Account

  • Competitive product and professional richardr

    I recently opened a business savings account attracted by the competitive rates for instant access. The process to set it up was largely simple and effective and the security and other aspects easy to use and in line with current best practice. The setting up experience could be made more effective by a less zealous timing out function and a postcode recognition process that works and recognises earlier use of the same details such that they do not require reinputting. I will be definitely be keeping an eye out for new product development activity from Aldemore.

       4/5

    24 Nov 2014
    richardr

  • Simple and straight forward Mikeeuk99

    A simple application process offering a product with a reasonable return. Does all it says it does.

       5/5

    24 Nov 2014
    Mikeeuk99

  • So Easy!! Andy923

    The process of opening a business deposit account was painless, quick and actually quite enjoyable. Knowing the delays and problems with account opening at other banks it was a pleasant surprise to encounter Aldermore. I will be using their other products if need be.

       5/5

    18 Nov 2014
    Andy923

  • Quick to set up but poor security 128characterpasswordlimit

    I found setting up my business savings account to be less arduous than expected, which was a pleasant surprise. But the security for an online bank account is not sufficient. The password requirements dictate a maximum password length which is inappropriate. The password is required to include upper case characters but the dropdown options when you enter your password to login to your account do not include uppercase letters. The use of personal questions "what was your first pet's name" etc is not a good way to verify a user.

       4/5

    15 Nov 2014
    128characterpasswordlimit

  • Easy to open and use ricard

    The account was opened online in no more than 15 minutes with no need to wait for confirmations in the post or long winded ID routines. It has to be operated from a single nominated bank account elsewhere, with all deposits coming from that account and all withdrawals being returned there, but that suited me fine, it enhances security and the transfers are by faster payments. I gave a score of 2 for service as I have had no need for service but the review system required me to rate it which seems daft.

       5/5

    11 Nov 2014
    ricard

  • Excellent service

    We found this to be very easy to use and very efficient.

       5/5

    11 Nov 2014

  • Does what it says on the tin! PaddyVI

    Does what it says on the tin! I set up my account in minutes. Excellent clarity. Thank you

       5/5

    10 Nov 2014
    PaddyVI