By Henry Williams on Small Business UK – Advice and Ideas for UK Small Businesses and SMEs
You’ve got money coming into your business, you’ve covered your liabilities, and you have cash to spare – great. But now it’s just sitting in your business bank account generating a measly level of interest. Not so great.
Why not deposit those surplus funds into a dedicated business savings account? That way you can grow your revenue even further without expending any extra effort.
There are several types of business savings accounts, including easy access, notice, and fixed term, each offering varying levels of interest and access, as well as minimum and maximum deposits values.
In this article, we bring you the 8 best savings accounts for small businesses in 2025.
What is a business savings account?
A business savings account is a type of bank account that allows businesses to earn interest on any surplus funds they deposit. Interest is calculated as a percentage of the value of your overall deposit.
The different types of business savings account
Business savings accounts come in three forms:
Easy access: You can usually deposit and withdraw whenever you need to
Notice: You have to alert the bank of your intention to withdraw within a certain