8.0/10 (150226 reviews)
Earn up to 3.51% on your business savings to grow your money faster. Paid plans only. Boost your business savings with up to 3.51% daily-paid AER. Access 24/7 on paid plan
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People also ask
How many business savings accounts does Shawbrook have?
What savings options does Shawbrook Bank offer?
Does Shawbrook Bank have an easy access account?
Does Shawbrook Bank offer a notice savings account?
A business savings account works in the same way as a personal savings account. You can earn competitive business savings account interest rates on cash deposits, but the funds can only used by your company, not an individual.
- About our business savings accounts
A business savings account is an ideal option for business...
- Shawbrook Bank
Explore Shawbrook business savings accounts, designed...
- About our business savings accounts
A business savings account is an ideal option for business owners who wish to protect and grow their cash reserves. Setting up a business savings account can help your business operate more efficiently.
- About Shawbrook
- Shawbrook Pros & Cons
- Shawbrook Business Savings
- Shawbrook Reviews
- Frequently Asked Questions
Shawbrook is a specialist savings and lending bank that offers a number of products from business savings accountsto loans and property finance. With over 300,000 customers, Shawbrook wants to help power ingenuity and help UK businesses grow and make more from their money. See our full Shawbrook business savings review of features, interest rates a...
Pros of Shawbrook
1. Interest rates up to 4.15% AER on savings 2. Multiple accounts to choose from 3. Low deposit requirements 4. Deposits protected by the FSCS 5. Access whenever, wherever
Cons of Shawbrook
1. No branches for those that prefer in-person banking 2. Only have one easy access account per business 3. No mobile banking app 4. Don't offer a business current account
Shawbrook have five business savings accountsavailable, allowing you to choose your saving style. There's a choice of an easy access account, two notice accounts and two fixed term accounts, with interest rates ranging from 0.90% to 4.15% AER. Here's a summary of Shawbrook's accounts and their rates, limits and requirements:
Shawbrook has an excellent 4.6 star rating on Trustpilot, from over 5,000 reviews, with 81% rating them 5 stars. Information correct as of 27th January 2023.
It's not uncommon to have questions when looking in to business banking, especially for the first time. These are some of the most relevant questions for Shawbrook Bank:
Jun 1, 2021 · Shawbrook Bank offers different types of business savings account depending on the access you need; if you want flexibility or to save for the longer term. In this Shawbrook Bank Business Account review we look at how they work and what they offer.
Aug 18, 2023 · Shawbrook has increased the rate on its top-paying Easy Access Business savings account (Issue 10), topping the tables with a rate of 3.25% AER/Gross. With rates as competitive as this businesses, now more than ever, have the opportunity to move their money and get more.
Explore Shawbrook business savings accounts, designed specifically for businesses looking for a fairer return on their surplus cash.
Shawbrook Bank has today announced the launch of a new Business Savings Easy Access account as it begins the roll‐out of its enhanced SME savings proposition. Business customers will now have a wider range of savings products to choose from and new applications will benefit from an improved rate on Shawbrook’s existing 100-day notice account.