Business Select Account
If you are starting a savings account for your business, our Business Select Account could offer a good home for your money. You can earn interest on even the smallest amounts, whilst enabling you to manage your cash flow more effectively.
There is no minimum deposit, no maturity dates to worry about, and you have convenient access to your funds. You can open an account with a deposit of £1, start earning interest once your deposit has cleared, and then pay in as little, or as much as you like, over a time period of your choice. The Business Select Account also comes with the reassurance of knowing that your money is always invested safely and ethically.
With Business Select you can:
- plan ahead and put cash aside every month to cover any future outgoings
- earn interest through a tiered system of rates
- open as many accounts as you like and split your funds between them
- choose between instant access or 14-day notice accounts
- transfer funds instantly between your Co-operative Bank business accounts with our useful sweep facility (only available on instant access accounts*) so you can reduce excess balance on one account and increase your return on the funds on deposit.
Interest is paid twice a year, on 5 April and 5 October.
View this account’s current interest rates.
You also have the added advantage of having a Relationship Manager dedicated to your business, which means expert advice you can rely on is always a phone call away.
If you have any queries about the Business Select Account or would like to apply, please contact your Relationship Manager.
*Standard charges apply. Please refer to your Bank charges tariff for details.
