Best Business Savings Accounts Rates February 2026

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Choosing the right business savings account comes down to balancing access, interest rates and certainty, and many businesses use a mix of different accounts to manage their cash more effectively.

Businesses can choose from several different types of savings accounts depending on how quickly they need access to their money and how much interest they want to earn. Some accounts prioritise flexibility, while others reward businesses for locking funds away for longer.

Easy access business savings accounts

Easy access business savings accounts allow businesses to deposit and withdraw money whenever they need, making them ideal for holding surplus cash, emergency funds, or money set aside for upcoming tax bills. Interest rates are variable, so they can go up or down over time.

The top paying easy access buiness savings accounts for February 2026 that can be opened online are:

  1. Kent Reliance – Business Savings Account (Issue 20) – 4.00% AER
  2. Capital on Tap – Instant Savings Account – 3.82% AER
  3. Saffron Building Society – Business Bonus Saver (Issue 2) Limited Edition – 3.80% AER
  4. United Trust Bank – Business Easy Access Tracker – 3.80% AER
  5. Moneybox – Moneybox Business Saver – 3.75% AER

Business notice accounts

Business notice accounts usually pay higher interest than easy access accounts, but businesses must give advance notice — often 30, 60 or 90 days — before withdrawing money. These accounts suit firms that don’t need instant access to their cash but still want some flexibility.

Here are some of the top paying business notice savings accounts:

  1. Cambridge & Counties Bank – 95 Day Business Notice Account (Issue 31) – 4.10% AER
  2. Redwood Bank – 95 Day Business Savings Account (Issue 23) – 4.10% AER
  3. Aldermore – Business Savings 95 Day Notice Account (Issue 1) – 4.00% AER
  4. Cynergy Bank – Business Notice Saver (Issue 6) [180 Day] – 4.00% AER
  5. Cynergy Bank – Business Notice Saver (Issue 6) [120 Day] – 3.95% AER

Fixed rate business bonds

Fixed rate business bonds (also known as fixed term accounts) offer a guaranteed interest rate for a set period, such as one, two or five years. In return, businesses can’t usually access their money until the term ends, making these better suited to longer-term savings.

Here are some of the best paying fixed rate bonds for business saving:

  1. Oxbury Bank – Farm Business 6 Month Bond Account (Issue 7) – 4.26% AER
  2. UBL UK – 5 Year Business Fixed Term Deposit – 4.26% AER
  3. UBL UK – 4 Year Business Fixed Term Deposit – 4.26% AER
  4. Union Bank of India (UK) Ltd – Fixed Rate Deposit (1 Year Bond) – 4.23% AER
  5. UBL UK – 3 Year Business Fixed Term Deposit – 4.21% AER

Charity and club business savings accounts

Charity and club accounts are designed specifically for not-for-profit organisations, clubs and associations, often with tailored eligibility rules and competitive rates.

Here are some of the best interest rates for charity and club saving accounts:

  1. Shawbrook Bank – CAF 12 Month Fixed Rate Saver (Issue 8) – 4.30% AER
  2. Cambridge & Counties Bank – 2 Year Fixed Rate Business Bond (Issue 51) – 4.20% AER
  3. Cambridge & Counties Bank – 1 Year Fixed Rate Business Bond (Issue 88) – 4.20% AER
  4. Cambridge & Counties Bank – 6 Month Fixed Rate Business Bond (Issue 18) – 4.15% AER
  5. Redwood Bank – 2 Year Business Savings Bond (Issue 7) – 4.15% AER

Business Savings Accounts FAQ:

What is a business savings account?

This is a savings account designed specifically for businesses (limited companies, sole traders, partnerships) to hold surplus cash and earn interest. It’s separate from a business current account and usually has limited withdrawals but better interest rates.

Can a business have a savings account?

Yes. Most UK banks and fintechs allow businesses to open savings accounts, either alongside a business current account or as a standalone product. Eligibility depends on business type and turnover.

Should a business have a savings account?

Often, yes. A business savings account is useful for:

  • Earning interest on cash not needed day-to-day
  • Ring-fencing money for tax, VAT, or future expenses
  • Improving cash management rather than leaving money idle in a current account

It’s not essential, but sensible if the business regularly holds spare cash.

Can I use a savings account as a business account?

Generally, no. Personal savings accounts are not meant for business use and most banks’ terms explicitly prohibit this. They lack features businesses need (payments, invoicing, multiple users) and can be frozen if misused.

Can I use a savings account for business?

If this means a personal savings account, the answer is usually no.
If this means a business savings account, then yes — but only for storing money, not for day-to-day trading like paying suppliers or receiving customer payments.

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