Business Savings Accounts

Ensure your surplus cash is working hard for you, and not just sitting idle. With our range of business savings accounts for small and medium enterprises (SMEs) you’ll earn consistently competitive interest rates. It’s quick and easy to open an account from just £1,000 up to £1million. For deposits over £1million, take a look at Corporate Treasury.
Our savings accounts Why choose Aldermore?
What our customers say Compare your rate

When you save with Aldermore you have the added peace of mind that comes from knowing your money is protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Please bear in mind that any deposits you have above the limit are unlikely to be covered.

Our award winning Business Savings accounts

Easy Access Account Issue 7

1.00% AER*

Unsure about locking your money away? With our Easy Access Account, you get a great interest rate and total flexibility. Withdraw cash or add to your savings whenever you like. Let's get your cash working.

Fixed Rate Business Savings Accounts

Up to 1.10% AER*

Suitable if you:

  • Have a lump sum to deposit and won’t want to add money later
  • Want a guaranteed rate of interest
  • Won’t need to make withdrawals during the term, or may need an option that allows one withdrawal

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

Keeping your data and money safe

Keeping your data and money safe is a priority when you bank with Aldermore, and we always look out for threats from fraudsters. Read more about some of the ways we protect you.

Our guides can help you learn how to better protect yourself from fraud and stay safe online.  We’ve also joined forces with Take Five, led by Financial Fraud Action UK, which aims to offer advice to help everyone protect themselves from the risk of fraud.

Compare your rate

We've created a unique rate checking tool so you can see in seconds exactly the interest rate you're being paid on your cash holdings held with another bank or savings provider, as well as the interest you could expect to earn over a 12 month period.

Simply search for the type of account you have, add in your balance and in a matter of seconds we'll give you your rate and interest amount. We’ll also show you how this compares to our own account. It’s as easy as that.

> Try our rate checker tool

Earn more with an Aldermore Business Savings account

Did you know that surplus business cash will always earn more with Aldermore compared to leaving it in your business current account?

Holding cash in your business is a sensible thing to do, but keeping it in a current account isn't! Savings accounts designed for businesses allow you to earn interest on your hard earned cash.

Find out more

Why choose Aldermore?

  • Consistently competitive rates - paying higher interest than your current account FSCS Protected
  • Fast and simple account opening - apply online at your own convenience
  • Safe and secure online banking 24/7
  • Peace of mind. Your money is protected by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Please bear in mind that any deposits you have above the £85,000 limit are unlikely to be covered.

 

> Find out more about Aldermore

Can We Help With Anything Else? Email Us Call Us: 01733 821 321

We are open 8am-6pm, Monday to Friday, excluding Bank Holidays. Calls may be recorded for training and monitoring purposes.

Latest Rating and Reviews

Easy Access

Free and easy to use savings account for business

This account is good if you are looking for a free way to save money for your business. The interest rate isn't amazing, but it's competitive. The account was easy to open and easy to use. My initial test deposits seemed to take an unusually long time to arrive, but apart from that, no issues whatsoever. Another major bonus is that you can contact them via email if you need help. One issue I did have is that I could not submit this review via Chrome browser as it would not allow me to select any drop down menus. So I had to do it in FireFox instead.

28th February 2020 BROWN2492572
Easy Access

Annoying review requests

Despite unsubscribing from your emails they continue to come. Don't sell a good product the annoy your customers with review requests when they have unsubscribed or you get a bad review! Note: When I tried to use the Nickname "Annoyed" for the review it threw upon and error saying "Your nickname has already been taken by another reviewer. Please choose a different one." Says it all!

28th January 2020 Annoyed2
1 Year Fixed Rate Savings Account

Excellent, competitive service

Excellent, competitive service, very simple to use the online service.

27th January 2020 Roddy732
1 Year Fixed Rate Savings Account

Excellent helpline - patchy website!

I opened a one year savings account with Aldermore because of the attractive (relatively!) interest rate. The on line process was made difficult because of a computer problem at Aldermore which gave me a false account number which was both misleading and inaccurate. However when I rang the bank I must say that the quality of service and speed of answering was excellent. They finally retrieved my details and helped me create a correct account. Similarly, when I used the wrong password (three times) to login to my new account (not having seen that a new password had been texted to me) they very quickly sorted me out. So - well done for excellent telephone customer service. Not quite so enthusiastic about the website though...

28th December 2019
1 Year Fixed Rate Savings Account

Excellent service

Very good personal service. Replied to emails within 24 hours or less. Good rate of interest.

27th December 2019 subo