HSBC Business Savings Accounts

If you want to earn a fixed rate of interest, HSBC business savings accounts can offer you a fixed rate bond deal lasting from a minimum of 3 months.

If you want to earn interest on your business savings but still be able to access the money at any time without being charged, HSBC can offer you a savings account whereby the interest is calculated daily and you have instant access.

HSBC is one of many business savings account providers - there are a multitude of providers with great deals to help your business savings grow. The comparison tables on this page have some examples of other accounts - compare deals to find the best one for your business.

Business Savings Selection
ProviderAccountRate TermApply
1.50%1 YearMore Info >
1.50% 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.

Whether you decide to go with HSBC for your business savings account or another provider, there are a number of things you will need to give some thought to.

Firstly, the choice between a ‘no notice’ (or easy access) account and a notice one is of central importance. If you choose a notice account and try to make what is termed an ‘unscheduled’ withdrawal, you are likely to be subject to some form of penalty. This could take the form of a loss of interest for a set period of time.

Secondly, you should be mindful of whether or not the interest rates you are offered when taking up a certain business savings account are permanent, or are just an introductory offer.

If you need to shop around for a new deal, the comparison tables on this page can help you.