Lloyds Business Banking

Whether you are just starting or are looking for a new account to switch to, Lloyds Business Banking offers a range of benefits when it comes to looking after your business’ finances. Features of Lloyds Business Banking include:

  • Cheque books, debit cards, standing orders, regular statements
  • Telephone, internet, or in-branch access to your accounts
  • Support from a business manager
  • Mobile updates via text alerts

An introductory period is offered for both new businesses and those that are switching from a different lender. Start-ups get a period of 18 months, and those that switch get 6 months of:

  • FREE deposits and withdrawals  
  • FREE to pay by cheque and deposit cheques 
  • FREE standing orders or direct debits

Business bank accounts vary from one provider to another, so it is important to make sure you find one that gives you everything you need.

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.
0.80%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.
0.70%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.
0.70%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.
0.55%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.