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Business savings accounts

With TSB, choosing the right savings account for your business is simple. You have 2 options: instant access or fixed rate bonds.

Why choose TSB business savings?

Banking to match your business
Do things your way

You can manage your savings account face-to-face, online, or over the phone.

It's easy to open an account
New or existing customers

You don’t need to be an existing TSB customer to apply.

Manage your account 24/7
With our Mobile Banking App

Stay on top of your account from wherever you are with mobile banking.

TSB's business savings accounts

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Business Instant Access

Withdraw money when you need it

  • 1.50% AER Variable / Gross Variable PA for balances over £5,000, 1.35% AER Variable / Gross Variable PA for balances £4,999 and below
  • Instant access to your money whenever you need it
  • Pay into your savings with cash, cheque, or bank transfer

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Business Fixed Rate Bonds

Lock money away for higher interest

  • Up to 4.50% AER Gross for 12 month fixed bonds
  • Choose a fixed term that works for your business, there are different rates for 12, 18, or 24 months
  • Save up to £5 million

Financial Services Compensation Scheme

The Financial Services Compensation Scheme (FSCS) protects up to £85,000 of your eligible money at TSB. For more information, please visit the FSCS website. 

FSCS logo

Important Information

18+ & UK based business

AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time