Which business saving account would you recommend?

[CT1212]

My current bank pays me 1.98 percent interest for business saving. I have a limited company. I am looking to open a business saving account with other banks, but most of them require a business current account. I don't want to move my business current account. Do you have any suggestion? Many thanks.

 

[Ozzy]

Have a look at Shawbrook and Virgin, that's who we use.

 

[MyAccountantOnline]

My current bank pays me 1.98 percent interest for business saving. I have a limited company. I am looking to open a business saving account with other banks, but most of them require a business current account. I don't want to move my business current account. Do you have any suggestion? Many thanks.

Newcastle Building Society is worth a look https://www.newcastle.co.uk/savings/business-savings-accounts/savings-accounts-for-limited-companies

HMRC pay interest on Corporation Tax paid early too https://www.gov.uk/government/publi...ents/rates-and-allowances-hmrc-interest-rates

 

[Ozzy]

HMRC pay interest on Corporation Tax paid early too

That's actually not a terrible interest rate!

 

[MyAccountantOnline]

That's actually not a terrible interest rate!

It's why I pay my company tax early.

 

[lesliedocherty]

We use 'Aldermore'

 

[AlanJ1]

That's actually not a terrible interest rate!

Yeah it is quite good for something not many people know about!

 

[xjr13m]

My current bank pays me 1.98 percent interest for business saving. I have a limited company. I am looking to open a business saving account with other banks, but most of them require a business current account. I don't want to move my business current account. Do you have any suggestion? Many thanks.

I use Recognise, Shawbrook and Cambridge & Counties, competitve rates and easy to deal with. No requirement for a current account with them.

 

[RandyMarsh]

Aldermore are paying 3.25% on easy access business savings. There are no fees. Withdrawals generally take 2 days.

 

[Porky]

Virgin:-
3.8% Instant
4.55% 4 months notice

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