Halifax
Business Savings Accounts Review

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

Halifax offers a range of business banking and savings products through Bank of Scotland, designed to work with your business to help you manage your accounts effectively, allowing you to make the most of your surplus funds efficiently.

Switch to Bank of Scotland Business Banking instant access savings account and get the flexibility you need to use or move your funds whenever required, allowing you to convert your surplus funds into extra income for your business. Halifax business savings accounts come with competitive interest rates and instant access to your funds without incurring any penalties.

You can start saving with a Halifax business savings account with a minimum deposit of just £1, so get started today and see how much of a difference Halifax can make on your business.

Alternatively you may wish to earn more interest on your balance by locking your funds away for a period of time in a fixed rate bond, allowing you to generate a regular guaranteed income from your surplus funds.

Both the interest rate and the term are fixed on this account, so the rates paid on your account will not be affected by changes to the base rate. As the term is fixed, you cannot withdraw your funds until the term expires. Early withdrawals will incur a penalty.

Top 5 Business Savings Accounts products

Provider
Account
AER
Deposit
Interest Paid
Apply
View Full Table >
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)

Halifax News