Free Business Banking
Free Business Banking
Many banks and building societies now offer free business banking, allowing companies to manage their finances with ease. Some providers will offer free business banking for a limited amount of time, and charge after the introductory period, and others will offer free business banking for the basics, but charge a little bit extra for things like advice and training.
You could expect the following features to be included in a business banking service:
- No minimum balance required
- No transaction charges
- Online and telephone banking
- Help centres with advisers to help with daily transactions and payroll
- Legal; and tax advice
Compare providers to find the best free business banking account for you and your business.
Savings Accounts
| The Royal Deposit Plan | 4.00% | |
| 3 year fixed rate deposit plan that returns 4.00% a year. The plan is available to businesses. |
| 1 Year Term Deposit Account | 2.20% | |
| Minimum Deposit £50,000. companies, partnerships and sole traders, charities, associations, clubs and trustees |
| Corporate 12 Month Fixed Bond | Up to 1.70% | |
| Minimum Deposit £5,000. Available for businesses, clubs, associations and charities. |
| Corporate 6 Month Fixed Bond | Up to 1.40% | |
| Minimum Deposit £5,000. Available for businesses, clubs, associations and charities. |