About our business savings accounts

An easy access account is a savings account that allows you to withdraw money without notice. Designed specifically for saving, these will typically offer a higher rate of interest than a current account.

Easy access savings accounts offer a great deal of flexibility. With Shawbrook, you can make unlimited withdrawals (subjected to a minimum amount) without giving us any notice. You can also manage your account online, and deposit as much as you like (up to the account’s maximum balance)

If you’re looking for quick, flexible access to your cash while earning an attractive interest rate, our competitive, easy access savings account may be the best business savings account for you. You can withdraw cash (subject to a minimum withdrawal amount) and add to your funds whenever you like without incurring any fees.

What’s more, our easy access account gives flexible access to your business savings, making it simple to withdraw and deposit funds at any time.

It’s important for business owners to have money set aside for any unplanned expenses such as emergencies and business opportunities. You never know what’s around the corner, so it can help to have cash readily available whenever you need it.

Yes, the interest rate is variable, so it can change.

You can find out more about how interest rates can change in our Terms and Conditions for business savings accounts, which you’ll find on our savings documentation page. 

You can add money to your account, up to your maximum deposit amount, whenever you like.

How to make a deposit into your account.

You can withdraw money from your account at any point, without giving us any notice.

If we receive an online withdrawal request before 9:30pm on a working day (or a request made by phone or secure message by 2:30pm), you should receive your funds into your nominated account on the next working day.

Find out how to submit a withdrawal request.

A notice savings account is a type of savings account that has no fixed term but requires you to give notice before you can withdraw your money. They offer more flexibility than a fixed term account. They work best if you don’t want to lock your funds away for a long time but will know in advance when you need access to your savings.

The notice period will differ depending on the account you have chosen. For example, if you choose a 45 day notice period, you’ll receive your funds 45 days after you request it.

Although notice accounts are more flexible than a fixed rate bond, the notice period means they are not suitable for people who want to access their funds at any time. For those who want even more flexibility, an easy access account could be right for you.

Whether a notice savings account is the best option will depend on your circumstances and savings goals.

But some of the benefits include:

• Unlike a fixed term bond (such as a 1 year fixed rate bond, for example), you don’t have to make new investment decisions at the end of the term. The money will remain in your account and keep earning interest until you decide to withdraw, so you can leave it in the notice savings account for as long as you want.
• After you’ve made the minimum deposit, there is no minimum deposit amount so you can keep topping it up as and when you like.

Having a notice period can help you make more informed decisions and avoid the temptation of dipping into savings.

Yes, the interest rate is variable, so it can change.

You can find out more about how interest rates can change in our Terms and Conditions for Personal Savings Accounts, which you’ll find on our Savings documentation page.

You can add money to your account, up to your maximum deposit amount, whenever you like.

How to make a deposit into your account.

You can withdraw money from your account at any point, but you’ll need to give us notice. This will depend on your account.

Once your notice period has expired, we’ll release your funds to you.

Find out how to submit a withdrawal request.