Business Savings Accounts

Whether you need instant access to your money or want to secure a higher rate for a fixed term, we have an account for you. Our range of savings accounts is designed to support the way you do business.

Overview and features

Fixed Term Deposit

  • Fixed interest rate: 1 month to 5 years.
  • Contact us for rates; fixed on deposit.
  • Minimum deposit £10,000. No maximum limit.
  • No deposits or withdrawals until term ends.

Find out more

Flexible Business Deposit

  • Fixed interest rate: 6 months to 2 years.
  • One withdrawal during the term (up to 25%).
  • Minimum £100,000; maximum £10,000,000.
  • No further deposits or withdrawals.

Find out more

Premium Business Reserve

  • Access your money any time you need it.
  • Earn a variable rate of interest, paid twice yearly.
  • No minimum or maximum balance.
  • Manage your account online, or in branch.

Find out more

You should review your savings accounts regularly to make sure they are still right for you.

View our current interest rates.

Product comparison

Fixed Term Deposit

Flexible Business Deposit

Premium Business Reserve

When is interest paid?

At the end of your fixed termAt the end of your fixed termMarch and September

Interest rate

Fixed for term

We’ll agree this with you in advance and it won’t change during the term.
Fixed for term

We’ll agree this with you in advance and it won’t change during the term.
The interest rate can change

Minimum opening balance

£10,000£100,000£1

Maximum balance

No limit£10,000,000No limit

Allows future deposits

No, you must wait until the end of your fixed termNo, you must wait until the end of your fixed termYes, they can be made anytime

Allows withdrawals

No, you must wait until the end of your fixed termYes, one withdrawal allowed during the term, up to 25% of the balance. No further withdrawals allowed.Yes, they can be made anytime

Online account access

NoNoYes

Breakage charge

Yes


In exceptional circumstances we may allow you to withdraw, however this would be subject to a breakage charge.
Yes


In exceptional circumstances we may allow you to make a further withdrawal, however this would be subject to a breakage charge.
No

Account term

1 month to 5 years6 months to 2 yearsNo minimum or maximum

Contact us

Complete a callback form

We can discuss your needs at a time that suits you.

Request a callback

Locate your local branch

Find your nearest branch.

Find branch details

Get to know our team

View our business team profiles.

Meet the team

Useful links

Deposit Rates and Fees

Guide to Banking for Business Customers

Foreign Exchange and Treasury Deposits


FSCS Protected

Your eligible deposits with Bank of Ireland (UK) plc are protected up to a total of £120,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Bank of Ireland UK and Post Office. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please click here for further information or visit www.fscs.org.uk