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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
Interest Rate
3.90%AER*
Product Category
Business Savings
  • Save up to £1,000,000
  • Interest is paid annually on the 31st March
  • £250 minimum opening balance
Find out more
Account Name
Business 30 Day Notice Issue 4
Interest Rate
3.00%AER*
Product Category
Business Savings
  • Save up to £1,000,000
  • Interest is paid annually on the 31st March
  • £1,000 minimum opening balance
  • 30 days' notice is required; or 30 days' interest will be forfeited on the amount withdrawn
Find out more
Account Name
Business 45 Day Notice
Interest Rate
4.00%AER*
Product Category
Business Savings
  • Save up to £1,000,000
  • Interest is paid annually on the 31st March
  • £1,000 minimum opening balance
  • 45 days' notice is required; or 45 days' interest will be forfeited on the amount withdrawn
Find out more
Account Name
Business One Year Fixed Rate Bond Issue 6
Interest Rate
4.00%AER*
Product Category
Business Savings
  • Minimum opening balance £1,000
  • No withdrawals are allowed in the one-year period with this account.
  • Interest paid on anniversary of the account opening.
  • New and Existing Customers
Find out more
Account Name
Business Two Year Fixed Rate Bond Issue 6
Interest Rate
4.10%AER*
Product Category
Business Savings
  • Minimum opening balance £1,000
  • No withdrawals are allowed in the two-year period with this account.
  • Interest paid on anniversary of the account opening.
  • New and Existing Customers
Find out more
Account Name
Club and Community Saver Issue 5
Interest Rate
3.90%AER*
Product Category
Business Savings
  • Save up to £1,000,000
  • 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
Interest Rate
3.00%AER*
Product Category
Business Savings
  • Save up to £1,000,000
  • Interest is paid annually on the 31st March
  • £1,000 minimum opening balance
  • 30 days' notice is required; or 30 days' interest will be forfeited on the amount withdrawn
Find out more
Account Name
Club and Community 45 Day Notice
Interest Rate
4.00%AER*
Product Category
Business Savings
  • Save up to £1,000,000
  • Interest is paid annually on the 31st March
  • £1,000 minimum opening balance
  • 45 days' notice is required; or 45 days' interest will be forfeited on the amount withdrawn
Find out more
Account Name
Club and Community One Year Fixed Rate Bond Issue 6
Interest Rate
4.00%AER*
Product Category
Business Savings
  • Minimum operating balance £1,000
  • No withdrawals are allowed in the one-year period with this account.
  • Interest paid on anniversary of the account opening.
  • New and Existing Customers
Find out more
Account Name
Club and Community Two Year Fixed Rate Bond Issue 6
Interest Rate
4.10%AER*
Product Category
Business Savings
  • Minimum opening balance £1,000
  • No withdrawals are allowed in the two-year period with this account.
  • Interest paid on anniversary of the account opening.
  • New and Existing Customers
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

Access your business account online

If you 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. 

To register, all you need to tell us is your;

  1. Name, date of birth and postcode
  2. Roll number or account number
  3. Current mobile number

Register your account

Already registered?

If you have already successfully registered your business account for our online service, you can access it by signing into our Online Service.  

Sign in

Three staff members in professional attire smiling and talking around a desk inside a Dudley Building Society branch, with brochures, a tablet, and customer feedback cards on the table.

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 through a business savings online application. Incorporated business customers will be able to apply to open a savings account online, and view their accounts online, expanding our reach and enabling funding growth. 

Please note: All accounts are Passbook based 

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
  • 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 
  • 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 Business Saver Issue requires 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.

Need more help?

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

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

Pop into your local branch

Stop by your local branch to discuss your business's situation with our customer service team.

Find your local branch

Useful links

Withdrawn savings products Useful documents Online Service FAQs Proof of Identification ISA Transfers