Easy Access Business Savings Account

Ratings & Reviews

 
4.6  -  (160  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.

  • 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
  • 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

  • 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.

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Ratings & Reviews

151 out of 160 reviewers would recommend products in this category

Reviews for Easy Access Business Account

  • Simple and efficient. Goat

    Account opening was a doddle. Transferring money in and out was a doddle. What's not to like?

       5/5

    29 Aug 2014
    Goat

  • very easy to use website GW6491

    Opened two business savings accounts and found the website very easy to navigate, efficient and professional. Spoke to customer services and it was a very positive experience. Would recommend

       5/5

    28 Aug 2014
    GW6491

  • outdated security login makes login too difficult oliver

    the login security process is far too difficult. Even though i have the full codes and passwords it took seven times to login and 2 calls to the helpdesk. Most banks moved away from this type of setup process a long time ago when they recognised the sysytem is so secure even their customers cannot login to the system. You should provide key fobs instead of number sequences. I know you will say customers prefer not to have key fobs well maybe you should give customers the option and let them decide since both methods are secure. Also if you are going to use a capital letter in the 7 to 10 digit security codes in the account opening process then you should explain more clearly that the capital letter is not required when logging in. This wasted A LOT of my time. All in all there is no point in having a secure system if its too difficult for the customer to login. I use PC's all day long and am v proficient with them and found Aldermore the most frustrating system ive used for a very long time.

       1/5

    26 Aug 2014
    oliver

  • Seems fine, but unremarkable Tizwaz

    Broadly happy with this, but nothing great or special about the service or product.

       3/5

    24 Aug 2014
    Tizwaz

  • Couple of tweaks and this would be perfect.... IainRH

    This is the second account I have opened with Aldermore following a really good experience opening a Customised Savings Account just moments previously. I selected the product due, firstly, to its offering substantially higher interest than my existing banking provider with no limitations on access to my funds. Secondly, my decision was made final when I realised how quick it was to set up the account. Having input all the relevant data when opening the Customised account, the system pulled all this through minimising my effort - resulting in this account being set up in just over 3 minutes!! In fact, though, at least 30 seconds of this was wasted due to their not being a relevant response under the "How did you hear about Aldermore" question - if I had simply been able to select "Other", this account would have been opened in just over 2 minutes (Tweak 1!). The system does assume, however, that the two accounts will operate with the same "Nominated Account" i.e. the source of funds - the second tweak I would like have liked to see is the ability to have separate nominated accounts per savings account. These two changes together would have made this the perfect experience.

       5/5

    24 Aug 2014
    IainRH

  • Very helpful telephone adviser Curvis

    I already held one Aldermore account. I telephoned to ask whether I could open a different account in addition and the adviser did everything for me quickly, there and then.

       5/5

    22 Aug 2014
    Curvis

  • Have Just opened a Business Savings Account Sharpy

    So far it has been very easy transferring moneys both ways so far I cannot fault it

       5/5

    19 Aug 2014
    Sharpy