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 our corporate savings accounts.
Our savings accounts Why choose Aldermore?
What our customers say Compare your rate

FSCS ProtectedWhen 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

Business Savings

Fixed Rate Business Savings Accounts

  • 4.7/5 (483 reviews)

You know how your business is moving along day by day so why not do the same with your surplus cash?  With our Fixed Rate Accounts, you’ll know exactly how much interest you’ll be earning day in, day out.  And with a choice of fixed terms and an option that allows access to your money, we’ve got a savings account to suit your business’s needs. It’s just another way we help to get your earnings earning.

Up to 1.50% AER*

Business Savings

Customised Fixed Rate Account

  • 4.5/5 (166 reviews)

Our Customised Fixed Rate Account makes planning ahead rewarding because now you can be earning a guaranteed rate of interest when you hold cash to cover future business expenses, such as your tax bills.  The account is flexible too so you can any choose any maturity date from 60 days to five years. Let’s get your earnings working for a living.

0.90% to 2.00% AER*

Easy Access Business Saving Account

Easy Access Account Issue 7

  • 4.7/5 (430 reviews)

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. Lets get your cash working.

0.85% AER*

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

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

Why choose Aldermore?

  • Competitive rates of interest with no tricks, gimmicks, bonuses or introductory offers to keep an eye on
  • Fast and simple account opening. Apply, complete identity checks and arrange to move money all online, leaving you free to focus on running your business
  • 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 a time to suit you
  • No fees and charges for day-to-day services
  • We have won multiple awards for our products, service and innovation


> Find out more about Aldermore

Support more entrepeneurs

We are calling on the Government to launch the Entrepreneur ISA and Small Business Savings Allowance to support aspiring entrepreneurs and growing SMEs.

The Entrepreneur ISA

This is a scheme to help accelerate people’s plans to set up their first business by receiving a cash lump sum or bonus on incorporation of their business.

The Small Business Savings Allowance

This scheme incentivises businesses to save spare or surplus cash either to fund future investment or to help them through tougher trading periods and is targeted firmly at existing small businesses.

Lend your voice and your signature in support of small businesses

Did you know?

UK Small and medium sized businesses have around £100 billion in surplus cash, mostly sitting around doing nothing when it could be earning serious interest. Open an Aldermore Business Savings account and put your money to work.

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

We are open 8am-6.30pm, Monday to Friday, excluding Bank Holidays. Calls may be recorded for training and monitoring purposes.

Latest Rating and Reviews

1 Year Fixed Rate Savings Account

Couldn't be easier!

Excellent interest rate in today's markets and so simple to open the account online. I have used other business savings accounts that seemed to be easy to open with quick approval and competitive interest rates, but Aldermore was so much quicker and easier to open the account and the interest rate is even better than the others.

27th December 2017 GrandpaDavid
Easy Access

Great and simple, quick to set up!

We have two accounts and they are delightfully simple to open and operate!

21st December 2017 Jimseab
1 Year Fixed Rate Savings Account

Suited the needs of the company perfectly.

Opening a business saving account was well explained, straightforward to do and proceeded without any difficulties, with regular emails to confirm completion of each stage. Rates are very competitive, ease of online access is attractive and overall would strongly recommend this product/company which fulfills the needs of my company well.

6th December 2017 Joe43
6 Month Fixed Rate Savings Account

Good Rate of Interest - Simple Process

I was looking for the best possible rate of interest on surplus business funds. The Aldermore Fixed Term Deposit provided what I was looking for. The account opening process was straight forwards and didn't take too long and it was simple to transfer funds to the new account. As the funds were dent by faster payments I would have liked to see the account details updated a little more quickly but this is a minor niggle on the basis that these will not be accounts which have a high number of transactions passing through.

4th December 2017 d4duck
Easy Access

Convenient to withdraw, not to add cash though

We found it so convenient to withdraw money, that we have put more of our reserves into this account. However because they only accept BACS and CHAPS payments, and not cheques, adding a large amount to the account involved 2 signatories physically going into our bank, which was less than convenient - took half a morning. Adding smaller amounts by BACS will be easier.

4th December 2017 HazelS