If your business has some spare cash to hand - even if it's for a finite period of time - it makes sense to get it working for you.
Shawbrook Bank has a range of solutions that could be right for you depending on your circumstance.
Note that these accounts are only available if you are a sole trader, limited company, partnership, or limited liability partnership.
AER: 0.50% Annually
Minimum Balance: £1,000
Maximum Balance: £85,000
AER: 0.55% Annually
Minimum Balance: £5,000
Maximum Balance: £2,000,000
AER: 0.75% Annually
Minimum Balance: £5,000
Maximum Balance: £2,000,000
AER: 1.00% Annually
Minimum Balance: £5,000
Maximum Balance: £2,000,000
AER: 1.10% Annually
Minimum Balance: £5,000
Maximum Balance: £2,000,000
Shawbrook Bank also offers a range of personal savings accounts, including easy access, notice, fixed rate bonds and cash ISA accounts with competitive interest rates.
Yes. Shawbrook Bank is covered by the Financial Services Compensation Scheme, which means your money is protected up to £85,000 in the event that the bank goes bust.
Shawbrook Bank is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA), so you can rest assured that the bank is safe.
Founded in 2011, Shawbrook is a specialist UK savings and lending bank established to serve the needs of SMEs and individuals in the UK with a range of lending and saving products. As of 31st December 2020, Shawbrook's total lending reached £7.1 billion, and it has now raised more than £6.9 billion in deposits from both personal and business customers.
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