• FSCS Protected

    Deposits are fully protected up to £85,000 by the Financial Services Compensation Scheme.

  • Easy account opening

    Apply online whenever suits you.

  • Rated excellent

    Our savings customers rate us ‘excellent’ on Trustpilot.

  • Award-winning

    We were named Best Variable Rate Business Savings Provider by Moneynet in 2024 and 2025.

Easy access business savings account Issue 14

Interest rate (AER*)

  • 3.00%

*AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.

Minimum opening balance

£1,000

Suitable if you

  • Require flexibility to add or withdraw money at any time
  • Are unsure about locking your money away
  • Want to earn a consistently competitive interest rate
Read more & apply

To view all current and previous rates for our business savings accounts variable rate products, please click here

See what our customers think

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Easy access business savings key features

  • The interest rate on our easy access business savings account is variable, and we'll notify you if the rate changes.
  • You can access your money whenever you need it, or add to your balance at any time.
  • Apply online at a time of day that suits you, with as little as £1,000.
  • If you change your mind you can close your account at any time without notice or penalties.

 

Awarded Best Variable Rate Business Savings Provider by Moneynet in 2024 and 2025.

Business savings easy access account FAQs

To open a business account with us you must be:

  • A limited or unlimited company (we don’t provide accounts for limited partnerships, limited liability partnerships, partnership, sole trader, clubs, societies or charities) ​
  • A business that is only tax resident in the UK
  • Over 18 years of age, UK resident and only tax resident in the UK - this applies to all controlling persons, significant owners and directors
  • You can't be a US citizen
  • You need to own a mobile phone and have an email account

When you apply to open an Aldermore account you must give us details of a current account in your business’s name. We call this your linked nominated account. Your business current account provider must be a UK bank or building society, authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Your business current account must allow electronic transfers to be made and received, and we may ask you to send us a bank statement to confirm your account details.

There are certain types of bank account that we can’t accept as your linked nominated account, as they aren’t fully licensed and regulated. These include accounts held with e-money providers.

We can't accept client money or hold accounts in trust.

We need to check your identity and address before we can open an account for you. This will mostly be done electronically, but we may need you to send some identification to us.

If we ask you to provide identification documents, we'll include details about how to do this when we get in touch.

When we release a new rate, we give it a new issue number. It helps us keep track of what product we are referring to, including what rate it offers.

If you're an existing customer you can make the change in just a few steps. Simply log in to internet banking and select ‘Open Account’.

 

Once you reach the ‘Create a login’ screen, you'll be able to return and complete it at any time.​

From here, you'll receive an email from us, which will contain a unique link that'll allow you to create a password and register your phone number for the two factor authenticator. You’ll then be able to return to your application.​

Please note: You have 24 hours from receipt of the email to click the unique link to create your account.

If you don't receive this email, please check your junk folder. It may also mean that you've not quite given us the information we need to register your account. If the email isn't in your inbox or junk folder, please give us a call on 01733 821 321 and we'll be happy to help. We're open between 8am-6pm on business days.​​

If you've opened an easy access account you can close it at any time with no notice or penalties.

If you’re applying for an account and we can’t complete our electronic checks we may ask you to send us some documents to help us confirm your identity.

This will normally be one proof of identity from List A and one proof of address from List B for the directors and business owners. Please note we can't accept originals for documents marked with an *, you’ll need to send us certified copies of these.

List A - Proof of identity

  • Valid UK Passport*
  • Valid UK Driving Licence* - photo card, full or provisional
  • Valid Non-UK passport* or National ID Card*
  • HM Forces/Police Warrant Card
  • Firearms certificate or shotgun licence
  • Identity card issued by the Electoral Office for Northern Ireland
  • Letter from Benefits Agency/other Government Agency confirming a right to or receipt of state benefits/tax credits. Issued within the last 6 months or valid for current tax year
  • HMRC document such as tax notification/tax assessment/statement of account/notice of coding/NI contributions bill. Issued within the last 6 months, or valid for the current tax year, P45s and P60s aren’t acceptable.

List B - Proof of residential address

  • Valid UK Driving Licence* - photo card, full or provisional (if not used in list A), or an old-style paper
  • Current bank or credit/debit card statement issued by a UK regulated financial sector firm and less than 90 days old – includes bank or building society savings books
  • Current mortgage statement issued by a UK regulated financial sector firm, the latest statement issued within last 12 months
  • Utility bill or landline telephone bill showing the landline number, as quoted on the application, and less than 90 days old
  • Council Tax Bill for the current financial year

Letter from Benefits Agency/other Government Agency confirming a right to or receipt of state benefits/tax credits (if not used in list A). Issued within the last 6 months or valid for current tax year

HMRC document such as tax notification/tax assessment/statement of account/notice of coding/NI contributions bill (if not used in list A). Issued within the last 6 months, or valid for the current tax year, P45s and P60s aren’t acceptable.

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