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Earn interest with your business savings

As a UK business, it is not always easy to set money aside, but saving can help during tougher times. With our business savings accounts, you can earn interest while keeping your funds accessible. 

Our business accounts are available for both corporate and unincorporated bodies. With a faster payment service that ensures you can easily transfer funds in and out of your account, we'll take care of your finances. 

Give us a call, pop into our branch or apply online and we'll be there to assist you! 

Please note: We currently offer passbook savings accounts to business savers, which can be opened and operated either in one of our local branches, online or by post.

Account Name
Interest Rate
Summary/features
Account Name
Business Saver Issue 5 - 1080
Interest Rate
3.75%AER*
Product Category
Savings Accounts
  • Save up to £1,000,000.
  • 3.75% on balances £250+.
  • Interest is paid annually on the 31st March.
  • £250 minimum opening balance.
Find out more
Account Name
Business 30 Day Notice Issue 4 - 986
Interest Rate
2.75%AER*
Product Category
Savings Accounts
  • Save up to £1,000,000.
  • 2.75% on balances £1,000+.
  • Interest is paid annually on the 31st March.
  • £1,000 minimum opening balance.
Find out more
Account Name
Business 45 Day Notice - 1072
Interest Rate
3.85%AER*
Product Category
Savings Accounts
  • Save up to £1,000,000.
  • 3.85% on balances £1,000+.
  • Interest is paid annually on the 31st March.
  • £1,000 minimum opening balance.
Find out more
Account Name
Business One Year Fixed Rate Bond Issue 7 - 1129
Interest Rate
3.70%AER*
Product Category
Savings Accounts
  • Save up to £1,000,000.
  • 3.70% on balances £1,000+.
  • Interest is paid on account maturity at the end of the 1 year term.
  • £1,000 minimum opening balance.
Find out more
Account Name
Business Two Year Fixed Rate Bond Issue 7 - 1131
Interest Rate
3.75%AER*
Product Category
Savings Accounts
  • Save up to £1,000,000.
  • 3.75% on balances £1,000+.
  • Interest is paid annually on the anniversary of account opening.
  • £1,000 minimum opening balance.
Find out more
Account Name
Club and Community Saver Issue 5 - 1081
Interest Rate
3.75%AER*
Product Category
Savings Accounts
  • Save up to £1,000,000.
  • 3.75% on balances £250+.
  • Interest is paid annually on the 31st March.
  • £250 minimum opening balance.
Find out more
Account Name
Club and Community 30 Day Notice Issue 4 - 987
Interest Rate
2.75%AER*
Product Category
Savings Accounts
  • Save up to £1,000,000.
  • 2.75% on balances £1,000+.
  • Interest is paid annually on the 31st March.
  • £1,000 minimum opening balance.
Find out more
Account Name
Club and Community 45 Day Notice - 1073
Interest Rate
3.85%AER*
Product Category
Savings Accounts
  • Save up to £1,000,000.
  • 3.85% on balances £1,000+.
  • Interest is paid annually on the 31st March.
  • £1,000 minimum opening balance.
Find out more
Account Name
Club & Community One Year Fixed Rate Bond Issue 7 - 1130
Interest Rate
3.70%AER*
Product Category
Savings Accounts
  • Save up to £1,000,000.
  • 3.70% on balances £1,000+.
  • Interest is paid on account maturity at the end of the 1 year term.
  • £1,000 minimum opening balance.
Find out more
Account Name
Club & Community Two Year Fixed Rate Bond Issue 7 - 1132
Interest Rate
3.75%AER*
Product Category
Savings Accounts
  • Save up to £1,000,000.
  • 3.75% on balances £1,000+.
  • Interest is paid annually on the anniversary of account opening.
  • £1,000 minimum opening balance.
Find out more

*AER stands for the Annual Equivalent Rate and illustrates what the Interest rate would be if interest was paid and added each year.

Smiling woman checking her business savings account using a mobile phone

How to set up your business savings account 

Need helping with opening an account or not sure which one choose? 

Follow our simple step-by-step guide to learn about out how to open and manage a business savings account. 

Learn more

Smiling woman checking her business savings account using a mobile phone

Make an application in branch

We offer a personalised, face-to-face service with our business savings team in-branch.

If you’re ready to apply or unsure which account is right for your business, our specialist team can discuss your needs and help you find the best option.

To book an appointment, simply call, email, enquire online, or drop by one of our local branches. 

Find a local branch

Want to discuss our options?

If you want to discuss our business savings account options or have any enquiries, you can:

Submit an enquiry

If you have any questions about our business savings accounts, you can submit an enquiry through our online form.

Submit an enquiry

Call us

Speak to one of our customer service representatives on the phone, for assistance on your enquiry.

Call us

Email us

Send us a message about your enquiry and our team will get back to you as soon as possible.

Email us

Already have an account with us?

If you already have a business savings passbook, you can choose to register for our online service. This lets you track your balances, monitor your transactions and contact us.

Register your account

Three staff members in professional attire smiling and talking around a desk inside a Dudley Building Society branch

Savings Calculator

Find out how much your business's money could grow with our easy-to-use savings calculator.

Find out more

Business Savings Account FAQ's

How do I open and manage my business savings account?

You can open a business savings account via one of our branches, by post or submitting an digtial application online. 

The simple steps include: 

  • Choosing the right business savings account
  • Preparing business information
  • Submitting an application online, in-branch or by post

For full details, please see our complete step-by-step on how to open and manage a business savings account. 

How do I make a deposit to my business savings account?

You can make deposits to your business savings account in several ways, including:

  • BACS transfers
  • Cheques (In branch or by post)
  • Cash (in branches)
  • Standing orders 

Can I switch my business savings account from another service?

Unfortunately, we don't currently offer product switches for business savings accounts. 

How do I withdraw from my business savings account?

If you want to withdraw from your business savings account, you can do so by using the following methods:

  • By cheque (in branch)
  • Cash withdrawals at branch 
  • Faster Payments 
  • CHAPS 

Do our business savings accounts have any fees or charges?

We don't apply any fees or charges to open a business savings account with us. 

Can I use a savings account for a small business?

Yes, you can open a business savings account with us if you're running a small business.  Our accounts are open to sole traders, partnerships, and limited companies of all sizes and structures. 

Is there a minimum deposit required to open a business savings account?

Yes, most of our business savings products require a minimum deposit of £1,000. However, our easy access accounts require a lower minimum deposit of £250. 

What are the benefits of saving money as a business?

There are many benefits as to why you should save money as a business. 

By building up your business savings, you can:

  • Plan ahead for improvements to your business, like products, equipment or office space. 
  • Keep a cash reserve in case unexpected costs arise.
  • Cover quieter periods if the business's sales start to dip.
  • Fund training and development for your team to enhance business performance.