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Business Savings

Choose the right account for your business needs

Fixed Term Savings

  • Rate: 0.51%-1.26% AER/gross
  • Term: 3, 6 and 12 months

Notice Accounts

  • Rate: 0.70%-1.20% AER/gross (variable)
  • Term: 35, 60, 95, 120-days

Easy Access Accounts

  • Rate: 0.60% AER/gross (variable)
  • Term: Next-day access

How much interest could you earn on a fixed term savings account?

£
OakNorth interest rate (AER):

%

Total Interest Earnt:

£

Please note: your annual ISA allowance is £20,000 but you can transfer from previous tax years, as long as your maximum deposit across all your OakNorth savings accounts is £500,000

Apply for an account
in 3 simple steps

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    1. Application

    You can submit our online application. All you need to do is provide your business and personal information for all applicants, and business bank account details.

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    2. Approval

    We will approve your application*

    *There is a chance we may require additional information documentation regarding the business or any of the underlying applicants

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    3. Funding

    Upon account approval, you will receive an email with details on how you can fund your OakNorth savings account.

See how we compare to other banks in the market

*Banks include (where applicable): RBS, Nationwide, Barclays, HSBC, Santander, Lloyds. Updated as of yesterday.

Your savings, protected

Your eligible deposits with OakNorth are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered. For further information in regards to eligible deposits, please view our Exclusions and Information sheet below.

For further information on fscs protection visit fscs.org.uk or view the leaflet below.

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