Business Savings Fixed Rate Bonds

Fixed rate bonds are usually best for businesses that have an amount of money that they would like to invest that they are not likely to need access to for the period of investment.  The period of investment tends to vary per account; most tend to be for 1 - 5 year terms.

We have included a number of leading business savings account deals in the tables on this page, so that it is easy for you to compare different deals.

If you are in charge of a business that has an abundance of extra funds, you may want to consider opening a business savings account.  This way, your surplus money could be steadily earning you interest.

There are three main types of business savings account that you may be considering:

• Instant access account – allows you to access your savings without notice
• Notice account – allows you to obtain your funds with prior notice
• Fixed rate bond – does not permit withdrawals prior to maturity
  

Several banks and building societies offer business savings fixed rate bonds.  Please see the comparison table below for information on some of these.  If you would like more information on a particular account, use the link to their website.

One of the greatest attractions for businesses that invest in fixed rate bonds is the fact that interest rates can often be significantly higher than that of instant access accounts. Furthermore, fixed rate bonds that have longer fixed periods tend to accrue the highest amounts of interest, which is usually awarded either monthly, annually or on maturity.

If you think that your business might need a business savings account that will allow you access to your savings, you might wish to look at our section on instant access business savings accounts for further information.