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Business Savers

A choice of accounts to suit your business savings needs. Talk to our experts today 

Savings for my business

The best business savings account for you will be one that you never have to worry about. Whether you need easy access to your business savings or can afford to set aside some money for a while, we’re confident that we have the right business savings account for you.

Our business savings accounts are available to Sole Proprietors, Partnerships, Limited Companies, Public Limited Companies, registered Charities, Housing Associations, Clubs and Associations. And you can relax in knowing we provide the same level of personal service to our business customers that our personal savers experience.

The right choice for your business savings

We offer a choice of easy access, notice or fixed term business savings accounts. Our Easy Access Business Saver lets you make up to two withdrawals a month without notice. Our Notice Business Saver offers you the flexibility of being able to access your money, should you need it, by choosing to give notice or paying an interest penalty fee. If you’re comfortable that you won’t need access to your savings our 1 Year Fixed Rate Business Bond means you can invest your savings, for a fixed term of one year, at an interest rate that won't change. 

Council savings

In addition to our business savings options we offer a Council Saver account which is available to both Parish and Town Councils.

Why entrust your business savings to The Cambridge

We have been in existence for more than 165 years and remain committed to being an independent, mutual organisation because we want to put our members' needs first in everything we do.

The Cambridge has significant investments from individuals, local authorities, solicitors, charities and a range of local businesses, all of whom are attracted to The Cambridge by a combination of our financial strength, stability, and the quality of our service – because if you work hard for your business, we want to work hard for you.

Let us help

If you would like to discuss your business or council savings needs we'll be happy to help just get in touch.
 

 

Our business and council savings accounts

Account name Minimum investment Interest rate Interest type Interest paid Access Withdrawals  
1 Year Fixed Rate Business Bond (Issue 28) £1,000+ 1.20%
Gross p.a./AER%
Fixed Annually Branch
Post
No withdrawals Find out more
Easy Access Business Saver (Issue 2) £1,000+ 0.15%
Gross p.a./AER%
Variable Annually Branch
Post
Two per calendar month Find out more

Notice Business Saver (Issue 4)

£10,000+ 1.00% Gross p.a./AER% Variable Annually Branch
Post
100 days’ notice of withdrawal, 
or instant access with 100 days’ 
interest penalty fee
Find out more
Easy Access Council Saver (Issue 2) £1,000+ 0.15%
Gross p.a./AER%
Variable Annually Branch
Post
Two per calendar month Find out more

The Gross rate is the contractual rate of interest payable before deduction of income tax at the rate specified by law.

The Annual Equivalent Rate (AER) is a notional rate which illustrates what the gross interest rate would be if interest was paid and added to the account annually.

Tax treatment and rate of interest payable may change in the future.

Business Accounts 
Interest will be paid at the gross rate. The receipt of interest gross by a company will not prevent that interest from being liable to corporation tax. For information regarding tax or how to make a self-assessment tax return, please contact HMRC. Unfortunately we are unable to help you with this.

Council Accounts 
Interest will be paid at the gross rate.