Your money is protected up to £85,000 by the Financial Services Compensation Scheme.
Apply online at whatever time of day works for you.
Rated "excellent" by our customers on Trustpilot.
Recognised by Moneynet and Savings Champion in their 2022 Awards.
*AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.
To view all current and previous rates for our business savings accounts variable rate products, please click here
Flexible – you can access your money whenever you need it, or add to your balance at any time.
The interest rate on our easy access business savings account is variable, and we'll notify you if the rate changes.
Consistently competitive - paying higher interest than your current account.
Fast and easy set-up – apply online at a time of day that suits you, with as little as £1,000.
Change your mind – you can close your account at any time without notice or penalties.
To open a business account with us you must be:
When you apply to open an Aldermore account you must give us details of a current account in your business’s name. We call this your linked nominated account. Your business current account provider must be a UK bank or building society, authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Your business current account must allow electronic transfers to be made and received, and we may ask you to send us a bank statement to confirm your account details.
There are certain types of bank account that we can’t accept as your linked nominated account, as they aren’t fully licensed and regulated. These include accounts held with e-money providers.
We can't accept client money or hold accounts in trust.
We need to check your identity and address before we can open an account for you. This will mostly be done electronically, but we may need you to send some identification to us.
If we ask you to provide identification documents, we'll include details about how to do this when we get in touch.
As long as you complete the first two screens of the online application, you'll be able to return and complete it at any time.
When you've completed the first two screens, you'll receive an email from us. This will contain a unique PIN that'll allow you back into your application.
If you don't receive this email, please check your junk folder. It may also mean that you've not quite given us the information we need to register your account. If the email isn't in your inbox or junk folder, please give us a call on 01733 821 321 and we'll be happy to help. We're open between 8am-6pm on business days.
Yes, you'll have 14 days from the day you open your fixed rate account to close it without any penalties or giving us any notice.
If you've opened an easy access account you can close it at any time with no notice or penalties.
If you’re applying for an account and we can’t complete our electronic checks we may ask you to send us some documents to help us confirm your identity.
This will normally be one proof of identity from List A and one proof of address from List B for the directors and business owners. Please note we can't accept originals for documents marked with an *, you’ll need to send us certified copies of these.
List A - Proof of identity
List B - Proof of residential address
We're sponsoring the FSB - Family business of the year award 2023, and we're delighted to be able to recognise the work of families to grow and strengthen their businesses over generations.
