Business Savings Rates

Carnwaj

I'm new to this game and wanted to move some money out of my Business Account into a seperate Business Savings Account. The interest rates are shocking! Am I missing something or are we stuck with low savings rates for the near future.

Savvy_Sue

You're not missing anything. 

You'll do slightly better if you can use fixed term accounts. 

billy2shots

I am in the process of moving business accounts. 

The best rate I can find with instant access is 2.25% through Aldermore. 

I had shocking private service from them a couple of months back so I am not rushing in. 

tightauldgit

2.25% is pretty good. A few months back you would be lucky to get anything. 

I just don't think interest rates are seen as a key differentiator for business accounts really.

oz0707

2% recognise but going up to 2.25 imminently i think. Hmrc actually pay a better rate on early corp tax payment but after googling it im not sure they'd actually credit it to you.