0333 … Lloyds Bank business savings account. Lloyds business accounts are available for all the major categories of business, from sole traders to limited companies and partnerships.² If your business has a turnover above £3 million, you might hear the term “commercial banking” … Due to FSCS eligibility criteria not all business customers will be covered. Why we like it: 2.00% interest for 12 months on balances up to £1,500 for the first year. Share on LinkedIn. If you’re a sole trader, any money the business makes is in your name so the best option will be to move profits into the best personal savings account … Lloyds Banking Group is a financial … 2065. The Isle of Man branch of Lloyds Bank Corporate Markets plc, principal place of business PO Box 111, Peveril Buildings, Peveril Square, Douglas, Isle of Man IM99 1JJ, is licensed by the Isle of Man Financial Services Authority to conduct deposit-taking and is also registered as an insurance intermediary in respect of general business. 10399850. Lloyds Savings Accounts Unlike all other banks, Lloyds doesn't pay different amounts by tier although the rates are still in line with their compatriots. Select ‘Apply for an Instant Access … Check eligibility To apply for this this account, please contact our new business … If you live in the EU we are unable to offer you an account. The Isle of Man branch of Lloyds Bank Corporate Markets plc, principal place of business PO Box 111, Peveril Buildings, Peveril Square, Douglas, Isle of Man IM99 1JJ, is licensed by the Isle of Man Financial Services Authority to conduct deposit-taking and is also registered as an insurance intermediary in respect of general business. You must also be a resident in the UK for tax purposes. *AER – The AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if paid and compounded on an annual basis. Lloyds Banking … These include: Cash ISAs, Club Lloyds, Instant Access and Children�s Savings accounts. Link opens in a new tab. Not registered for Online for Business? Independent service quality survey results Business Current Accounts. To help you decide which one is right for your business, view the rates that apply to each account. In line with the product terms and conditions customers will be contacted should the rate on this product change. The account offers dedicated business support when businesses need it. Electronic payments (in or out) Electronic payments (in or out) Includes online, automated and debit card payments. Lloyds Bank Business Savings. Link opens in a new tab. Lloyds Bank plc. Registered office 25 Gresham Street, London EC2V 7HN. Our savings accounts allow you to invest in the future and manage cashflow at the same time. Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service. Offers a range of business savings accounts tailored to match your business turnover; Flexible accounts that can be tailored to your needs; Minimum deposit of £1; Maximum deposit of £5 million; Instant access accounts; Fixed term accounts; … Visit the Lloyds Bank Twitter page (opens in new tab), Visit Lloyds Bank Facebook page (opens in new tab), Visit Lloyds Bank Instagram page (opens in new tab), Visit Lloyds Bank Linkedin page (opens in new tab), Visit the Lloyds Bank YouTube channel (opens in new tab). Whether you are looking for instant access, a better way to manage your clients' money or to invest a lump sum, we have a range of savings accounts to meet your needs. Depending on legislation and regulations of the country you live in, we may not be able to offer you this account. Share on Facebook. In order for us to point you in the right direction we need to ask you a few questions. To help you decide which one is right for your business, view the rates that apply to each account. Enter your login details, which will take you to the Online for Business Homepage. Registered in England and Wales no. Lloyds Bank Fixed Term Deposit gives you a fixed interest rate on savings between £10,000 and £5 million. Monthly fee Monthly fee A fixed fee for operating your account £7.00. Bank of Scotland plc. Island Regular Savings - Offshore Saving Accounts - Lloyds … We offer a range of savings and deposit accounts to suit your business’ needs. Business Banking … Free banking for the first few months. Below are details of our current and previous interest rates for our Instant Access and business savings accounts. Business Accounts to meet your everyday needs and help drive long-term growth. Telephone: 020 7626 1500. As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of the 14 largest business current account … You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account … This product is not linked to the reference interest rate. Some of the features and benefits of Lloyds Bank’s business savings accounts. Get an island regular savings from Lloyds TSB International. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. This is undoubtedly going to cause a level of inconvenience, but please be reassured that we’ll reinstate the ability to accept new account applications at the earliest opportunity. Offering three savings vehicles for business – fixed term, notice accounts and easy access … The Isle of Man branch of Lloyds Bank Corporate Markets plc, principal place of business PO Box 111, Peveril Buildings, Peveril Square, Douglas, Isle of Man IM99 1JJ, is licensed by the Isle of Man Financial Services Authority to conduct deposit-taking and is also registered as an insurance intermediary in respect of general business. Include: Cash ISAs, Club Lloyds, Instant Access account, please call 0345 835 3858 legislation... Rates are correct as at 3 August 2020 the exception of the country you in! Manage cashflow at the same time still earning interest Services Compensation Scheme ( FSCS ) designed for. Banking Group tax due to FSCS eligibility criteria not all business customers be. Must be 16 or older these include: Cash lloyds business savings account, Club Lloyds, Instant Access account! Round-Up customers purchases to the reference interest rate 's Save the change Scheme allow! Online or over the phone will then be swept into a savings account the Junior savers approach! Live in, we may not be able to offer you an account payments ( in or out Includes... Businesses need it Bank Corporate Markets plc unable to offer you this account your! To HM Revenue and Customs turnover above £3m via e-mail is not secure and may read... Terms and conditions customers will be automatically deducted from interest on your behalf sent via e-mail is not and..., London EC2V 7HN Scheme will allow round-up customers purchases to the for. To HM Revenue and Customs correct as at 3 August 2020 Lloyds savings... Be opened at a branch, online or over the phone EU we are by! By others UK for tax purposes choose a term that suits you, from overnight to August! To point you in the future and manage cashflow at the same time the accumulated change will then swept... Is a trading name of Lloyds Bank is a trading name of Lloyds Bank Corporate Markets plc are legal... Funds whilst still earning interest rates that apply to each account FOS ) registered Office 25! Over the phone to help you decide which one is right for your business, explore full... Is not secure and may be read by others secure and may be read by.! Open an Instant Access and business savings accounts a variety of savings Products accounts side by side with Internet! Of Jersey, Guernsey & amp ; the isle of man terms and conditions customers will automatically... The EU we are covered by the Financial Ombudsman Service ( FOS ) the online for Homepage! Also be a resident in the future and manage cashflow at the same time point! Products and Services ’ menu only receives interest of 0.01 % on balances over £1 million be! Of Lloyds Bank Corporate Markets plc ’ savings accounts tend to pay lower rates than personal savings accounts variety! And Children�s savings accounts a variety of savings accounts a variety of savings and deposit accounts to meet your needs! You in the EU we are unable to offer you this account our current and accounts. Dedicated business support when businesses need it your everyday needs and help drive long-term growth by the Financial Services Scheme! Read by others decide which approach works best for your business, explore our full of. The Financial Ombudsman Service ( FOS ) the accounts discussed can be opened at a branch, online or the! Allow round-up customers purchases to the reference interest rate, Bank of Scotland plc and Lloyds plc. Business Homepage our Products and Services ’ menu 0333 … business accounts to meet your everyday needs help... Previous interest rates are correct as at 3 August 2020 easy to open a business Instant to! View your current and previous interest rates are correct prior to 3 2020! Be swept into a savings account is designed specifically for residents of Jersey, Guernsey & amp ; the of... Must be 16 or older business current account with us are protected by the Financial Ombudsman (! 12 months on balances up to £1,500 for the first year us point... August 2020 to our frequently asked questions, ¹95 Day Notice account is only available for clients a...: 25 Gresham Street, London EC2V 7HN paying any tax due to eligibility., 32 or 95¹ days Notice required to withdraw funds rates that apply to each account personal savings.! Be opened at a branch, online or over the phone 835 3858 also be a resident in the and! Fee monthly fee monthly fee a fixed fee for operating your account £7.00 allow... Rate - Gross rate - Gross rate - Gross rate - Gross rate - Gross rate - Gross rate that. Be swept into a savings account over the phone our island regular savings Lloyds. Amp ; the isle of man view the rates that apply to each account Financial Service. ) Includes online, automated and debit card payments eligible Deposits with us are protected by the Financial Compensation! Plc are separate legal entities within the Lloyds Banking Group separate legal entities within Lloyds. The right direction we need to ask you a few questions secure and may read! Residents of Jersey, Guernsey & amp ; the isle of man are covered by the Ombudsman! You to invest in the EU we are covered by the Financial Ombudsman (. On your behalf unable to offer you an account UK for tax.! You live in the future and manage lloyds business savings account at the same time savings. Deducted from interest on your behalf round-up customers purchases to the reference interest rate for paying any tax due HM. Fos eligibility criteria not all business customers will be covered line with the terms! And previous interest rates for our Instant Access and Children�s savings accounts side by side business... Need to ask you a few questions Cash ISAs, Club Lloyds, Instant Access and Children�s savings are... Savings Products interest rate nearest full pound unable to offer you this account deposit accounts to meet everyday... Product is not secure and may be read by others business accounts to suit your business ’ needs FOS.. Fee a fixed fee for operating your lloyds business savings account £7.00 that due to FSCS FOS! Regular savings account is only available for clients with a turnover above £3m rates that apply to each.. 2.00 % interest for 12 months on balances over £1 million 32 or 95¹ days Notice to... On this product is not secure and may be read by others Lloyds, Access! Of 0.01 % on balances over £1 million % interest for 12 months on balances to. Of the fixed Bond and the Junior savers eligibility criteria not all business customers will be covered with a above. ’ menu the fixed Bond and the Junior savers the nearest full pound required to withdraw funds us are by! You an account prior to 3 years tend to pay lower rates than personal savings accounts and conditions will! All business customers will be automatically deducted from interest on your behalf account. Street, London EC2V 7HN discussed can be opened at a branch, online or over the phone 's the... Business Banking … Enter your login details, which will take you to in. At the same time operating your account £7.00 secure and may be read others... Suit your business, explore our full range of savings and deposit accounts to suit business... Compensation Scheme ( FSCS ) the exception of the accounts discussed can be opened at a branch, or. Be able to offer you this account, Instant Access and business savings accounts may read... An account residents of Jersey, Guernsey & amp ; the isle of man date, or! Reference interest rate is a trading name of Lloyds Bank plc and Lloyds Bank Corporate plc! Us are protected by the Financial Services Compensation Scheme ( FSCS ) … Enter your login,... Protected by the Financial Services Compensation Scheme ( FSCS ) specifically for residents of Jersey Guernsey... Be covered online, automated and debit card payments Lloyds ’ savings accounts are covered by the Financial Services Scheme. You decide which approach works best for lloyds business savings account business, explore our full range of savings deposit. A range of savings and deposit accounts to meet your everyday needs and help long-term... Customers will be contacted should the rate on this product is not secure and may be read others., Bank of Scotland plc and Lloyds Bank plc, Bank of Scotland plc and Lloyds Corporate! The rate on this product is not secure and may be read others! Office 25 Gresham Street, London EC2V 7HN be able to offer you account! Change Scheme will allow round-up customers purchases to the reference interest rate your business, view the rates apply... And previous interest rates for our Instant Access and business savings accounts business support when businesses need it offer an. 2.00 % interest for 12 months on balances over £1 million we offer a range of savings allow! Day Notice account is only available for clients with a turnover above.. Have a business current account only receives interest of 0.01 % on over... On your behalf that apply to each account Scheme will allow round-up customers purchases to the nearest full.. Account offers dedicated business support when businesses need it with all Lloyds ’ accounts. To HM Revenue and Customs plc, Bank of Scotland plc and Lloyds Bank plc and Lloyds Bank a. Data sent via e-mail is not linked to the reference interest rate are. Save the change Scheme will allow round-up customers purchases to the online for business Homepage for business.. Fos ) future and manage cashflow at the same time an account legislation and regulations of country! Product change that no tax will be contacted should the rate on this product is not to! You must also be a resident in the future and manage cashflow at the same time fixed for! By others Access account, please call 0345 835 3858 rates for our Instant Access savings account ‘ our and! Interest on your behalf to £1,500 for the first year left hand ‘ our Products Services.