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View our opening hoursCorporate Notice Account
Offering corporate businesses a competitive rate with a notice period of 95 days to access your money, and the freedom to top up at any time.
At a glance
What's the minimum and maximum deposit?
The minimum deposit is £250,000, and the maximum is £10 million.
What's my interest rate if my account balance falls below £250,000?
If your balance falls below £250,000, your interest will be 1.00% Gross PA/AER (variable) until the balance meets or exceeds £250,000.
Can Close Brothers Savings change the interest rate?
Yes, the interest rate is variable so it can go up or down at any time.
How do I open and manage my account?
To open an account please complete our enquiry form. To manage your account, simply call or write to us.
Can I withdraw money?
Yes, you can request a notice to withdraw your money at any time in writing or over the phone. Your money will be returned after the notice period ends. Once you've given notice, it can't be changed or cancelled.
Can I put money in after my first deposit?
Yes, you can add more money into your account at any time as long as you do not exceed the maximum account balance of £10 million.
Will I pay tax?
Tax benefits depend on your situation and may change in the future.
If you're looking to deposit over £1 million, get in touch with us so we can discuss your options.
Term
AER / Gross PA AER
Monthly intrest Gross Gross PA
Annual intrest Gross PA
Annual gross
Monthly gross
4.04% AER
If your balance falls below £250000, you’ll earn:
1.00% AER / Gross PA AER
| 1.00% Gross PA
Annual gross
This account could be right for you if...
- You want a variable interest rate that may go up or down
- You want the option to top up your account
You should consider another account if...
- You want a fixed rate
- You want access to your funds without notice
Additional information
Gross PA:
Gross PA means Gross Per Annum, which shows the interest rate payable without tax deducted.
AER:
AER stands for Annual Equivalent Rate and illustrates the interest rate you would earn from a savings account over the course of a year, and it takes any compounding of interest into account.
Key features
What's the minimum and maximum deposit?
The minimum deposit is £250,000, and the maximum is £10 million.
What's my interest rate if my account balance falls below £250,000?
If your balance falls below £250,000, your interest will be 1.00% Gross PA/AER (variable) until the balance meets or exceeds £250,000.
Can Close Brothers Savings change the interest rate?
Yes, the interest rate is variable so it can go up or down at any time.
How do I open and manage my account?
To open an account please complete our enquiry form. To manage your account, simply call or write to us.
Can I withdraw money?
Yes, you can request a notice to withdraw your money at any time in writing or over the phone. Your money will be returned after the notice period ends. Once you've given notice, it can't be changed or cancelled.
Can I put money in after my first deposit?
Yes, you can add more money into your account at any time as long as you do not exceed the maximum account balance of £10 million.
Will I pay tax?
Tax benefits depend on your situation and may change in the future.
Discover more
- View historic rates
Historic interest rates
If you already have a savings account with us, here you can find the interest rate for the current products you hold with us.
- View our Fixed Term Deposits
Have you considered a Fixed Term Deposit?
Make the most of your business savings with our Fixed Term Deposit. Simply choose how long you want to invest for and enjoy a fixed interest rate.
Why choose Close Brothers Savings?
We're part of leading UK merchant banking group Close Brothers Group plc with over 145 years successful trading experience and have been providing dedicated personal savings accounts to UK residents and businesses since 2008.
Well rated
A well rated bank with an A2 credit rating from Moody’s Investors Service (correct as at 27 March 2025) and a BBB rating from Fitch Ratings Ltd (correct as at 6 August 2025).
Consistently competitive rates
We are committed to regularly reviewing our savings products to ensure both new and existing customers are receiving fair and competitive pricing.
Personalised service
Our network of Business Development Managers deliver the highest levels of specialist service across a range of industries.
Your eligible deposits held by a UK establishment of Close Brothers Limited are protected up to a total of £120,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.
