Our easy access accounts Key features FAQs

  • FSCS Protected

    Your money is protected up to £120,000 by the Financial Services Compensation Scheme.

  • Easy account opening

    Apply online at whatever time of day works for you.

  • Rated excellent

    Rated "excellent" by our savings customers on Trustpilot.

  • Award winning

    Awarded Best Variable Rate Business Savings Provider by Moneynet in 2024 and 2025.

Our Easy access accounts

Easy access business savings account Issue 14

Interest rate (AER*)

  • 2.45%

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

Minimum opening balance

£1,000

Suitable if you

  • Require flexibility to add or withdraw money at any time
  • Are unsure about locking your money away
  • Want to earn a consistently competitive interest rate
Read more & apply

Easy Access Tiered Account Issue 1

Interest rate (AER*)

  • 3.80% for balances of £500,000 or over
  • 1.90% for balances less than £500,000

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

Minimum opening balance

£500,000

Suitable if you

  • Require flexibility to add or withdraw money at any time
  • Are unsure about locking your money away
  • Have a larger deposit and your balance is likely to remain above £500,000. If your balance falls below £500,000, you'll earn a lower rate of interest.
Read more & apply

Please read the relevant summary box and Business Savings Terms and Conditions before opening an account.

To view all current and previous rates for our business savings accounts variable rate products, please click here.

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Key features

Easy Access Account

  • Minimum opening balance of £1000.
  • The interest rate on our easy access accounts is variable.
  • We calculate interest daily, and pay it monthly or annually.
  • You can access your money whenever you need it, or add to your balance at any time.

Easy Access Tiered Account

  • Minimum opening balance of £500,000.
  • The interest rate on our easy access accounts is variable.
  • You'll get the higher rate of interest if your balance is between £500,000 and £1million.
  • You can make unlimited withdrawals.
  • The interest rate applied will depend on your balance each day.
  • If you withdraw funds and your balance falls below £500,000, you'll earn a lower rate of interest.

Easy Access Account

  • Minimum opening balance of £1000.
  • The interest rate on our easy access accounts is variable.
  • We calculate interest daily, and pay it monthly or annually.
  • You can access your money whenever you need it, or add to your balance at any time.

Easy Access Tiered Account

  • Minimum opening balance of £500,000.
  • The interest rate on our easy access accounts is variable.
  • You'll get the higher rate of interest if your balance is between £500,000 and £1million.
  • You can make unlimited withdrawals.
  • The interest rate applied will depend on your balance each day.
  • If you withdraw funds and your balance falls below £500,000, you'll earn a lower rate of interest.
Person working in a warehouse

Business savings easy access accounts - FAQs

To open a business account with us you must be:

  • A limited company
  • A business that is only tax resident in the UK
  • Over 18 years of age, UK resident and only tax resident in the UK - this applies to all controlling persons, significant owners and directors
  • You can't be a US citizen
  • You need to own a mobile phone and have an email account

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.

Once you reach the ‘Create a login’ screen, you'll be able to return and complete it at any time.​

From here, you'll receive an email from us, which will contain a unique link that'll allow you to create a password and register your phone number for the two factor authenticator. You’ll then be able to return to your application.​

Please note: You have 24 hours from receipt of the email to click the unique link to create your account.

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.​​

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

  • Valid UK Passport*
  • Valid UK Driving Licence* - photo card, full or provisional
  • Valid Non-UK passport* or National ID Card*
  • HM Forces/Police Warrant Card
  • Firearms certificate or shotgun licence
  • Identity card issued by the Electoral Office for Northern Ireland
  • Letter from Benefits Agency/other Government Agency confirming a right to or receipt of state benefits/tax credits. Issued within the last 6 months or valid for current tax year
  • HMRC document such as tax notification/tax assessment/statement of account/notice of coding/NI contributions bill. Issued within the last 6 months, or valid for the current tax year, P45s and P60s aren’t acceptable.

List B - Proof of residential address

  • Valid UK Driving Licence* - photo card, full or provisional (if not used in list A), or an old-style paper
  • Current bank or credit/debit card statement issued by a UK regulated financial sector firm and less than 90 days old – includes bank or building society savings books
  • Current mortgage statement issued by a UK regulated financial sector firm, the latest statement issued within last 12 months
  • Utility bill or landline telephone bill showing the landline number, as quoted on the application, and less than 90 days old
  • Council Tax Bill for the current financial year

Letter from Benefits Agency/other Government Agency confirming a right to or receipt of state benefits/tax credits (if not used in list A). Issued within the last 6 months or valid for current tax year

HMRC document such as tax notification/tax assessment/statement of account/notice of coding/NI contributions bill (if not used in list A). Issued within the last 6 months, or valid for the current tax year, P45s and P60s aren’t acceptable.

Haven't found what you're looking for?

Business savings help and support

Things you need to know

  • The interest rate on our easy access accounts is variable, and we'll notify you if the rate changes.
  • If you change your mind you can close your account at any time without notice or penalties.

Easy Access Tiered Account:

  • Interest is calculated daily and compounded then paid monthly or annually.
  • The interest rate applied will depend on your balance each day. This means on any day if your balance is £500,000 or more, you will earn the higher rate for that day. If your balance falls below £500,000, you will earn the lower tier rate for that day.

We're here to help

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    Existing customers can log in and send us a secure message.

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