Co-operative
Business Savings Accounts Review

Compare Co-op Business Savings Accounts – read our review and compare the features and benefits available from Co-op to find a Business Savings Account that suits your company.

The Co-operative Bank has a range of business savings accounts designed to make a difference, helping you to earn interest on your surplus funds.

The Co-op run an ethical policy based on what its customers want, and will never invest in organisations deemed as 'unethical'.

Co-op business savings accounts provide several options and features to help you to find an account that is right for your business. Whether your business has a turnover of over £1 million,  you're looking to make regular deposits and earn tiered levels of interest on your savings, or you want to save a large amount with guaranteed returns carrying no risks.

The Co-op offer several deposit accounts to suit a variety of business needs, and you can start saving with as little as £1.

Top 5 Business Savings Accounts products

Provider
Account
AER
Deposit
Interest Paid
Apply
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3.25% AER on Business Savings from £5k for 2 Years
3.25%
Min £5,000
Max £2,000,000
On Maturity
3.10% AER on Business Savings from £10k for 3 Years
3.10%
Min £10,000
Max £5,000,000
On Maturity
3.0% AER on Business Savings from £5k for 12 months
3.00%
Min £5,000
Max £5,000,000
On Maturity
Call Santander 0800 121 4472
2.96% AER on Business Savings from £10k for 2 Years
2.96%
Min £10,000
Max £5,000,000
On Maturity
2.85% AER on Business Savings from £5k for 1 Year
2.85%
Min £5,000
Max £2,000,000
On Maturity

Principality 3 Year Business Bond

  • Choose from a term of 6 months, 1 year, 2 years or 3 years to suit your business needs.
  • Invest between £10,000 and £5 million
  • Interest is calculated daily and paid on Maturity.
  • Available to sole traders, partnerships, LLPs, limited companies, registered charities and some trusts, subject to our acceptance criteria. All depositors must be based in Wales or England; businesses based in Scotland or Northern Ireland are excluded.
  • Easy Bond opening and management, by post - simply complete the downloadable application form.
  • Withdrawal only upon Bond Maturity. Closure is permitted subject to loss of 90 days’ gross interest on the 6 Month Bond, 180 days’ gross interest on the 1 Year and 2 Year Bonds, and 270 days’ gross interest on the 3 Year Bond.

Principality 2 Year Business Bond

  • Choose from a term of 6 months, 1 year, 2 years or 3 years to suit your business needs.
  • Invest between £10,000 and £5 million
  • Interest is calculated daily and paid on Maturity.
  • Available to sole traders, partnerships, LLPs, limited companies, registered charities and some trusts, subject to our acceptance criteria. All depositors must be based in Wales or England; businesses based in Scotland or Northern Ireland are excluded.
  • Easy Bond opening and management, by post - simply complete the downloadable application form.
  • Withdrawal only upon Bond Maturity. Closure is permitted subject to loss of 90 days’ gross interest on the 6 Month Bond, 180 days’ gross interest on the 1 Year and 2 Year Bonds, and 270 days’ gross interest on the 3 Year Bond.

Principality 12 Month Business Bond

  • Choose from a term of 6 months, 1 year, 2 years or 3 years to suit your business needs.
  • Invest between £10,000 and £5 million
  • Interest is calculated daily and paid on Maturity.
  • Available to sole traders, partnerships, LLPs, limited companies, registered charities and some trusts, subject to our acceptance criteria. All depositors must be based in Wales or England; businesses based in Scotland or Northern Ireland are excluded.
  • Easy Bond opening and management, by post - simply complete the downloadable application form.
  • Withdrawal only upon Bond Maturity. Closure is permitted subject to loss of 90 days’ gross interest on the 6 Month Bond, 180 days’ gross interest on the 1 Year and 2 Year Bonds, and 270 days’ gross interest on the 3 Year Bond.

Santander 12 Month Business Bond

  • Enjoy the certainty of a guaranteed rate of interest on your surplus cash
  • Bond details:
  • - Length of term = 1 year
  • - Rate = 3.00% Gross/AER (fixed)
  • - Min. deposit = £5k & Max. deposit = £5m
  • Interest is paid on maturity
  • No withdrawals, additional deposits or early closures are allowed during the 12 month term.
  • *Lines are open Monday to Friday 9am to 5pm. Telephone calls may be recorded and monitored.

Principality 6 Month Business Bond

  • Choose from a term of 6 months, 1 year, 2 years or 3 years to suit your business needs.
  • Invest between £10,000 and £5 million
  • Interest is calculated daily and paid on Maturity.
  • Available to sole traders, partnerships, LLPs, limited companies, registered charities and some trusts, subject to our acceptance criteria. All depositors must be based in Wales or England; businesses based in Scotland or Northern Ireland are excluded.
  • Easy Bond opening and management, by post - simply complete the downloadable application form.
  • Withdrawal only upon Bond Maturity. Closure is permitted subject to loss of 90 days’ gross interest on the 6 Month Bond, 180 days’ gross interest on the 1 Year and 2 Year Bonds, and 270 days’ gross interest on the 3 Year Bond.

Principality Business 30 Day Notice Account

  • Invest between £10,000 and £5 million and make further deposits (minimum £5,000), up to the £5 million maximum
  • You cannot make withdrawals from this Account. You can close your Account, subject to 30 days’ notice or loss of 30 days’ gross Interest.
  • Interest is calculated daily and paid on 1st January.
  • Easy Account opening and management, by post. Simply complete the downloadable application form.
  • Available to sole traders, partnerships, LLPs, limited companies, registered charities and some trusts, subject to our acceptance criteria.
  • You/your organisation may not be covered by the Financial Services Compensation Scheme. Please refer to the potential eligibility information set out in the Financial Services Compensation Scheme guidelines.

The Cambridge 6 Month Business Bond

  • Available to sole traders, partnerships, limited companies, registered charities, housing associations, societies, clubs or associations
  • Minimum investment is £5,000
  • Allows you to invest your savings for a fixed term at an interest rate that will not change
  • Once opened you cannot add to your account, but you may open more than one bond
  • Withdrawals are not permitted during the fixed rate term
  • Interest is paid on the maturity date
  • This is a limited issue - the bond will be withdrawn when fully subscribed

The Cambridge 1 Year Business Bond

  • Available to sole traders, partnerships, limited companies, registered charities, housing associations, societies, clubs or associations
  • Minimum investment is £5,000
  • Allows you to invest your savings for a fixed term at an interest rate that will not change
  • Your bond will mature one year after the date of opening
  • Once opened you cannot add to your account, but you may open more than one bond
  • Withdrawals are not permitted during the fixed rate term
  • Interest is paid on the maturity date
  • This is a limited issue - the bond will be withdrawn when fully subscribed

The Cambridge 2 Year Business Bond

  • Available to sole traders, partnerships, limited companies, registered charities, housing associations, societies, clubs or associations
  • Minimum investment is £5,000
  • Allows you to invest your savings for a fixed term at an interest rate that will not change
  • Your bond will mature two years after the date of opening
  • Once opened you cannot add to your account, but you may open more than one bond
  • Withdrawals are not permitted during the fixed rate term
  • Interest is paid on the maturity date
  • This is a limited issue - the bond will be withdrawn when fully subscribed

The Cambridge 90 Day Notice Business Saver

  • Get 1.75% AER on your business savings providing you give 90 days notice prior to withdrawing funds.
  • Funds can be accessed instantly if need be, but subject to a 90 day interest penalty.
  • Available to sole traders, partnerships, limited companies, registered charities, housing associations, societies, clubs or associations
  • Minimum investment is £5,000
  • You choose between giving us 90 days' notice of withdrawal or instant access with 90 days' interest penalty
  • Interest paid annually on 31st December
  • You can pay in one cheque per day
  • You can pay in up to £1,000 in cash per day (notes only)

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