Co-op Bank Business Savings Accounts

We don't currently offer Co-op Bank business savings accounts, but we have brought together some of the other leading deals available and provided a business savings account comparison table that could help you find an account that's right for you:

 

Business Savings Selection
ProviderAccountRate TermApply
1.10%1 YearMore Info >
1.10% gross/AER. £1,000 minimum opening balance. No withdrawals.
1.00%6 MonthsMore Info >
1.00% gross/AER. £1,000 minimum opening balance. No withdrawals.
0.85%Easy AccessMore Info >
0.85% gross/AER. £1,000 minimum opening balance. Unlimited withdrawals.
0.65%1 YearMore Info >
A highly competitive rate of interest if you can lock your savings away for 1 year, with interest paid on maturity. Open to businesses with fewer than 250 employees and a turnover or assets of up to £45 million.
0.75%95 Day NoticeMore Info >
0.75% AER/gross. Withdrawals subject to 95 days notice. Minimum Deposit £10,000, maximum balance £5,000,000. Available to UK businesses.
0.55%6 MonthsMore Info >
A highly competitive rate of interest if you can lock your savings away for 6 months, with interest paid on maturity. Open to businesses with fewer than 250 employees and a turnover or assets of up to £45 million.
0.55%95 Day NoticeMore Info >
Earn a higher rate of interest if you don;t need immediate access to your savings, with interest paid monthly or annually. Open to businesses with fewer than 250 employees and a turnover or assets of up to £45 million.
0.40%Instant AccessMore Info >
Instant access account for - BUSINESS, CHARITIES, HOUSING ASSOCIATIONS, CLUBS & PARTNERSHIPS - Interest paid monthly or annually. Open to organisations with fewer than 250 employees and a turnover or assets of up to £45 million.

Co-op business savings accounts are available in two different formats, they are the business select account and the guaranteed investment account.

 

Business select accounts can be opened relatively easily, with a starting deposit of only £1, with no set rules regarding how much, or little customers can choose to deposit every month. Guaranteed investment accounts are slightly different. Using a tiered system, customers can expect to receive substantially higher interest rates the more they can afford to invest.

 

When searching for a suitable business savings account, it is important to compare deals to find the most suitable account for your requirements. 

Here are some of the other features that are included as part of these Co-op business savings accounts:

 

Business Select Accounts

  • Low starting deposit
  • Instant access or 14 notice accounts available
  • Funds can be transferred between Co-op accounts
  • Interest is received twice per annum 
  • Customers must already have a preexisting co-op savings account in order to be eligible

 

Guaranteed Investment Accounts

  • Guaranteed fixed interest rates
  • No previous Co-op savings account is required
  • Interest rates that increase alongside the size of the customer’s investment
  • Customers can make an investment ranging from £25,000 to £1 million