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Back to Business savings accounts

Fixed Rate Business Bonds

If your business has surplus cash that it can set aside for an extended period, you can put that money to work earning interest in business savings bonds.

 

You can choose between a 1 year and a 2 year fixed term, and you’ll receive a competitive rate in return. It’s easy to open an account online with us, and you can manage your money online too. But if you have any questions, our dedicated customer service team is on hand every step of the way.

Why Shawbrook?

Here are just a few reasons why...

  • Consistently competitive business savings rates
  • Wide range of terms
  • High maximum balance
  • FSCS Protected up to £85,000
  • Open and manage your account online

 

Business Savings Awards

Why this product could be for you?

Plan for the long term with a guaranteed return on your savings

  • Get certainty with a fixed rate
  • Deposit a lump sum that you won't need access to over the term
  • Deposit anything from £5,000 to £2,000,000

Our Business Fixed Rate Bonds

2 Year Fixed Rate Business Bond

A fixed rate for the term. Your money is locked in for the term of the bond.

Term

2 years

5.03%

Fixed

Gross AER

1 Year Fixed Rate Business Bond

A fixed rate for the term. Your money is locked in for the term of the bond.

Term

1 year

5.02%

Fixed

Gross AER

Terms explained
AER stands for Annual Equivalent Rate and illustrates the interest rate if it was paid and compounded each year. We quote the AER on all of our accounts so that you can compare our products with those of other banks. GROSS is the interest rate without the deduction of income tax. This is the interest rate paid on your account. Terms and conditions (online accounts)

Financial Services Compensation Scheme (FSCS)
Your eligible deposits with Shawbrook Bank Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Joint accounts are protected up to £170,000. Any deposits you hold above the limit are unlikely to be covered. For further information visit www.fscs.org.uk

Explore our other products

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Business savings accounts

Discover competitive rates with a Shawbrook business savings account.

Why not make the most of some extra cash you might have on hand, even if it is only for a limited time, and put it to work earning interest. 

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Easy Access Business

Enjoy easy access to your business savings — deposit from £1,000 to £85,000.

Our Easy Access Business Savings Account offers you a competitive rate and complete control over your funds.

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Notice Business Accounts

Earn interest and save extra cash with our notice savings accounts.

Choose from 45 day or 100 day notice accounts for between £5,000 and £2,000,000

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Money Market Deposits

If you manage a significant balance of free cash, our tailored Money Market Deposit can provide a home for balances between £2m and £25m as part of your strategy to manage counterparty risk. 

Award-winning Savings

Help

Below are some of the most common queries about our savings accounts. 

A business savings bond is a type of account available to businesses who wish to lock away spare funds for a set time. You can’t withdraw from this account until the end of the fixed term.

A fixed rate bond may be the ideal account for your business if you can commit to setting money aside for a specific period, such as financial obligations you know you will have to meet in a year or more.

Consider whether locking away funds for an extended period is the right option for your business. If you can set aside a lump sum for an extended period, you could enjoy competitive business bond interest rates.

If you’re looking for a more accessible account that allows withdrawals whenever you need, an easy access account could be a more suitable choice. If you know when your business will require funds in advance, you may prefer a business savings notice account and earn a competitive rate by agreeing to a set notice period.

Whether a fixed rate business bond is the best option will depend on your circumstances and savings goals. But some of the benefits include:

  • Your interest rate is fixed, so you know what return you’ll get on your investment.
  • You’ll typically get a higher rate of interest than you would with a notice or easy access savings account.

You can reinvest or move your funds at the end of the fixed rate term.

You can add more money to your account as long as the product is still open for funding, up to the maximum deposit amount.

If your bond is removed from sale (we'll do this when we have new rates), you'll usually have seven days from removal to add any more funds to your account.

You can check if a product is withdrawn by checking our savings documentation page and checking the withdrawn product list.

How to make a deposit into your account.

As the interest rate is fixed, this won’t change over the term of the account.

Need more help?

We have a range of information to help you understand savings including how our products work, operating your account and getting in touch with our team.

Bored of losing interest with your personal savings?

We have a range of savings accounts to suit your needs. Consistently great rates, award-winning products and FSCS protected.

Our business

About Shawbrook

Shawbrook is a different kind of bank, built to accommodate individuality, diversity and the dynamics of the modern world. We combine great technology and the expertise of our people to understand our customers’ individual requirements and to meet their evolving needs.

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Sustainable strategy

Our sustainability strategy is designed to create value for our customers, colleagues, communities, suppliers and shareholders, while having a positive impact on society and the wider environment. 

Making a difference together

As official banking partner of Saracens Rugby Club, we are proud to champion elite women’s sport by supporting the growth of both women’s rugby and netball as lead sponsor of the Mavericks.