briefcase icon

Business Notice Accounts

What is a business notice savings account?

A business notice savings account is an account that requires the business to serve a set number of days’ notice to withdraw their funds. Notice periods can range from 7 days through to 180 days or more.

Advertisement
Browse business savings account types

Best Rates - Business Notice Accounts

We are searching our databases for your products...

  • Shawbrook Bank 100 Day Notice Business Savings Account - Issue 14
    AER
    1.10%
    Notice Period
    100 Day
    Min Investment
    £0
    Interest Paid
    Anniversary
    Further Options ˅
    Go To Provider's Site
    AER
    1.10%
    Notice Period
    100 Day
    Min Investment
    £0
    Interest Paid
    Monthly
    Go To Provider's Site
  • Shawbrook Bank 45 Day Notice Business Savings Account - Issue 2
    AER
    1.06%
    Notice Period
    45 Day
    Min Investment
    £0
    Interest Paid
    Monthly
    Go To Provider's Site
  • Shawbrook Bank 45 Day Notice Business Savings Account - Issue 2
    AER
    1.05%
    Notice Period
    45 Day
    Min Investment
    £0
    Interest Paid
    Anniversary
    Go To Provider's Site
  • Investec Bank plc 32-day Notice Account - Issue 2
    AER
    1.00%
    Notice Period
    32 Day
    Min Investment
    £0
    Interest Paid
    Monthly
    Go To Provider's Site
  • Close Brothers Savings 95 Day SME Notice Account
    AER
    1.20%
    Notice Period
    95 Day
    Min Investment
    £0
    Interest Paid
    ½ Yearly
  • Redwood Bank 35 Day Business Savings Account (Issue 4)
    AER
    1.20%
    Notice Period
    35 Day
    Min Investment
    £0
    Interest Paid
    Anniversary
    Further Options ˅
    AER
    1.20%
    Notice Period
    35 Day
    Min Investment
    £0
    Interest Paid
    Monthly
  • Monmouthshire BS Business 90 - Issue 2
    AER
    1.10%
    Notice Period
    90 Day
    Min Investment
    £0
    Interest Paid
    Yearly
  • The Melton BS Business 100 Day Notice Savings
    AER
    1.10%
    Notice Period
    100 Day
    Min Investment
    £0
    Interest Paid
    Yearly
  • Al Rayan Bank 60 Day Notice Account
    AER
    1.00%
    Notice Period
    60 Day
    Min Investment
    £0
    Interest Paid
    Monthly
  • Hodge Bank 100 Day Notice Business Deposit Account
    AER
    1.00%
    Notice Period
    100 Day
    Min Investment
    £0
    Interest Paid
    Yearly
    Further Options ˅
    AER
    1.00%
    Notice Period
    100 Day
    Min Investment
    £0
    Interest Paid
    Monthly
Note

Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme up to a maximum level of protection of £85,000 per business per institution. The deposits of most businesses are covered up to the £85,000 limit, but businesses should check with their bank before they apply as there are exclusions.

Disclaimer

All rates subject to change without notice. Please check all rates and terms before investing or borrowing.

Quick Links

Quick links are where we have an arrangement with a provider so you can move directly from our site to theirs to view more information and apply for a product. We also use quick links where we have an arrangement with a preferred broker to move you directly to their site. Depending on the arrangement we may receive a modest commission either when you press a 'Go to Provider' or 'Speak to a Broker' button, when you call an advertised number or when you complete an application.

How Moneyfacts works

  • blue money scales

    BALANCED. Moneyfacts.co.uk is entirely independent and authorised by the Financial Conduct Authority for mortgage, credit and insurance products.

  • free label

    FREE. There is no cost to you. Our service is entirely free and you don't need to share any personal data to access our comparison tables.

  • drawing of pound sign and arrow

    TRANSPARENT. We only receive payment from product providers and intermediaries for quick/direct links and adverts through to their websites.

  • blue binoculars

    COMPREHENSIVE. We research the whole market and scour the small print so you can find the best products for your needs.

Still not sure?

Read All Business Guides
guides icon
Take out a commercial property mortgage or rent?

Should you take out a commercial property mortgage or rent instead?

Read More
guides icon
How does being self-employed impact your finances?

What you need to know about how being self-employed can impact your finances.

Read More
guides icon
How do bridging loans differ from commercial mortgages?

Find out when you can use a bridging loan rather than a commercial mortgage.

Find out when you can use a bridging loan rather than a commercial mortgage.

Read More
guides icon
The advantages of keeping personal and business bank accounts separate

Why it's a good idea to keep your business and personal bank accounts separate

Why it's a good idea to keep your business and personal bank accounts separate

Read More

Ask us anything?

Notice account basics

Michelle Monck

Michelle Monck

Consumer Finance Expert

At a glance

  • Higher savings balances can earn better rates of interest.
  • Fixed savings bonds and notice accounts can offer higher interest rates for money your charity doesn’t need short term access to.

Notice business savings FAQs

Can I open a notice account for my business?

Yes, most notice business accounts are available to a range of organisations, from the self-employed, micro businesses through to private limited companies.

How much money do I need to open a notice savings account for my company?

There are notice accounts available for businesses that start with a minimum deposit of £1.

How do I get the best savings rate for my notice business savings account?

A higher balance could get you a higher rate, usually some of the better rates start from £10,000. In addition, a longer notice period could also equate to a higher rate. However, it’s not always the case as some providers choose to be more competitive to secure business deposits and may offer improved rates for notice periods.

What is the difference between a business savings account with a notice period versus a business bond?

A bond will offer you a fixed rate of interest for a fixed duration of time, whereas notice accounts usually have a variable rate of interest. This means the bank or building society can change this rate at any time (subject to giving you written notice of the change in advance).

Both products usually include penalties if you try to access your funds before the notice period set or the fixed term ends.

Why not also look at our best rates for business bonds and easy access business savings accounts?

Back to the top

Cookies

Moneyfacts.co.uk will, like most other websites, place cookies onto your device. This includes tracking cookies.

I accept. Read our Cookie Policy