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Savings that work harder for businesses

If you're a small to medium-sized business, our competitive rates and strong credit rating will help you save with confidence.

How much would you like to deposit?

    Calculate your interest

    Tell us how much you would like to deposit and we'll calculate the interest.

    Your deposit

      • UK incorporated companies registered under the UK Companies Act
      • Companies with less than 250 employees during the last financial year
         
      • You must also meet one of the following criteria: 
        • a total balance sheet not exceeding £35 million
        • an annual turnover not exceeding £40 million

      Please check that your business meets the criteria for these products. If not, take a look at our large business accounts, which may be more suitable.

      Choose the right account for you:

        A fixed rate for the term that suits you

        If you can lock your cash reserves away for 1 to 5 years, a Fixed Term Deposit gives you certainty about the amount of interest you'll earn at the end of the term.

        The interest rates below are quoted Gross / AER.  AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and added each year. Gross PA means Gross Per Annum, i.e. before tax is deducted (at the legal rate).

        Is a Fixed Term Deposit right for you?

        You have between £100,000 and £5,000,000 to deposit per term

        You want one, simple rate for the full term

        You want to know exactly how much interest you'll earn

        You're happy to leave your money in the account for the full term

        You want access to your money before the end of the term

        You want the option to 'top up' your account

        Our SME Notice Account offers a competitive rate with a 95-day notice period to access your money if you need to. You can also top up at any time to boost your savings.

        The interest rates below are quoted Gross / AER.  AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and added each year. Gross PA means Gross Per Annum, i.e. before tax is deducted (at the legal rate).

        Is a SME Notice Account right for your organisation?

        You're a UK incorporated company registered under the UK Companies Act with less than 250 employees.

        Your annual net turnover is under £40 million or your total balance sheet is under £35 million.

        You have a minimum of £25,000 to a maximum of £1 million to deposit 

        You can maintain a minimum balance of £25,000

        You're happy to give 95 days' notice to withdraw your funds

        You want the option to 'top up' your account

        You want quick access to your money

        You want a fixed rate

        SSAS (Small Self-Administered Scheme) is an occupational pension arrangement between business owners, directors or key personnel. Our SSAS Deposit, with a fixed rate and fixed term, can provide a greater degree of certainty as part of your existing pension portfolio.

        The interest rates below are quoted Gross / AER.  AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and added each year. Gross PA means Gross Per Annum, i.e. before tax is deducted (at the legal rate).

        You are part of an HMRC approved SSAS scheme (only SSAS administrators or Trustees regulated by the Pensions Regulator can deposit funds and supply documents)

        You have a minimum of £100,000 to a maximum of £5 million to deposit

        You want one, fixed rate for the full term

        You want to know exactly how much interest you'll earn

        You're happy to leave your money in the account for the full term

        You want access to your money before the end of the term

        You want the option to 'top up' your account

        Financial Services Compensation Scheme logo

        Financial Services Compensation Scheme (FSCS)

        Your eligible deposits with Close Brothers Savings are protected up to a total of £85,000 by the UK's Financial Services Compensation Scheme. Any deposits you hold above this limit are unlikely to be covered. For further information visit www.fscs.org.uk.