Easy Access Business Savings Account

Ratings & Reviews

 
4.6  -  (173  Reviews)
 

Easy Access Business Savings Account – The easiest way to take control of your cash and earn a competitive rate.

Maturity DateGross Annual Interest (%)Gross Monthly Interest (%)AER* (%)
Easy Access Issue 51.101.091.10Open an Account

*AER stands for annual equivalent rate and illustrates the interest if paid and compounded once each year.

Key Benefits

  • Competitive rates of interest with no tricks, gimmicks, bonuses or introductory offers to keep an eye on.

  • Fast and simple online account opening - open an account, complete identity checks and arrange to move money in just 15 minutes, leaving you free to focus on your business.

  • Available to UK businesses without the need to change your existing bank current account.

  • Safe and secure online banking 24/7 - do it online anytime anywhere.

  • UK based expert telephone support - our UK based customer service team are available at time to suit you.

  • 14 Day cooling off period - if you change your mind within 14 days of  funding your new business savings account we'll be happy to refund your savings.

  •  Easy to add or remove names or change user levels.

  • Open an account with just £1,000.

  • No fees or charges for day to day services

Things you need to know

 

  • You should keep at least £1,000 in your account at any one time. An interest rate of 0.05% AER is payable on balances below £1,000.
  • What you'll need to open your account in just 15 minutes:

    • A UK-based business, where all directors, owners and account users are aged 18 or over, resident in the UK and only liable to pay tax in the UK
    • Your business details (Name, Address and if you have one, your Company Registration Number)
    • The sort code and account number for your business' bank or building society account. The account must allow transfers to be made and received electronically and will be known as your nominated account. Your nominated account is the only source from which you can transfer money into your Aldermore account
    • A mobile telephone that can receive text messages. This is how Aldermore will send you your account password and without it you will be unable to log into your account
    • Internet access, as all of our business savings accounts are online accounts and are opened and managed online
  • Once you’ve funded your Easy Access Account, you can pay more money in or make withdrawals whenever you like. If you make a withdrawal your money will be transferred to your nominated account

  • To view full terms and conditions please click here

Managing your account with us is simple and straightforward. Check our Key Features for more information on how your account works.

Fees and Charges

You won't have to pay any fees or charges, although there may be a small charge for non-standard services - check our tariff of charges for more detail.

The rates we have previously paid on our Easy Access Account are shown on our Historic Rates Page.

Open now online

It’s easy convenient and secure. Open an account, complete identity checks and move your money in minutes. Any questions, simply

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Ratings & Reviews

164 out of 173 reviewers would recommend products in this category

Reviews for Easy Access Business Account

  • Blew my mind

    I won't name names but my main business current account took about six weeks to set up. My Aldermore account took about six minutes. Clearly there are complexities involved in setting up the first account but Aldermore's service blew me away. I couldn't believe my account was ready when I received the text message. Aside from that, the website is incredibly easy to use and very clear. Once inside my account, it does feel a little slow loading when moving between screens but nothing too worrying. I'd like to be able to find my sort code a little more easily, at the moment I have to rely on my first Welcome message which contains it. That said, I'm not likely to need it very often once connections between accounts have been established. Good job!

       5/5

    18 Sep 2014

  • Simplicity at its best Iain555

    Opening the account took just a few moments. There were no complicated forms to complete. This is how all financial services should be. In addition the security questions used are relevant and intuitive whilst offering a higher level of safety and security to both Bank and Client

       5/5

    17 Sep 2014
    Iain555

  • So quick and easy Alison54

    This was far the simplest account opening procedure I've ever experienced. All online and no tedious bits of paper to send off. My account was open and available for use within 15 minutes. And one of the best interest rates too.

       5/5

    15 Sep 2014
    Alison54

  • Good interest rate - easy opening Goodies123

    Having used Aldermore for over a year for another business, I was looking for a good easy access interest rate for a second business. This rate appears to be the best available from a respectable bank. Account opening is straightforward. On a minor note, if like me you like to read and check everything before moving on, the website times out far too quickly. Fortunately, they send an email to log back into the system if you are still working through the process, but the system only saves a page once it is submitted so there was the frustration of losing the most complex page of data when the system timed out. Once the account had been opened, the system again timed out during the settng of security questions and then refused to let me back in - but this was solved very rapidly by the staff. Getting through to a member of staff is the least stressful of any of the many banks I have used - there is none of the time wasting messaging and annoying layers of computer questions. The staff are always helpful, well trained and knowledgable. In summary, despite the website time-out issue, the overall Aldermore experience is a very good one.

       5/5

    14 Sep 2014
    Goodies123

  • Excellent account & setup

    terms of account and website easy to understand. Simple account opening process, and is accessible immediately. Brilliant interest rates for business with our funds protected as with any other institution. We have now opened a personal as its so straightforward!

       5/5

    12 Sep 2014

  • Easy to open and use apart from one small one-off thing Helen63

    While maybe not the most competitive interest rates out there, they're good and opening the account was hassle free. The only substantive drawback was that getting internet access seemed to require making a phone call to have a password generated, to counter the alarming message that the access was locked. There's always a slightly uneasy feeling when committing savings to a non-high street bank, but so far I'm happy both with access to the funds and the guarantees that I'm told have been applied, and that unease is perhaps misplaced when considering the events of 2008.

       4/5

    11 Sep 2014
    Helen63

  • A good retrn rate compared with other banks Pugwash

    Very simple to set up...pity my big 4 bank was so reluctant to let me transfer more than 20K a day. Business friends are also looking to move their cash savings to Aldermore.

       5/5

    11 Sep 2014
    Pugwash