The benefits of our Savings Account:
- Earn interest on your deposits, allowing your savings to grow over time.
- No initial deposit required to set up your savings account.
You never sit idle, so why should your cash?
Add money to save or withdraw money into your personal current account to spend – as many times as you like. No notice period and no penalties either. Easy, right?
Business and Community Deposit Accounts
Business Instant Access
- Pay into your savings with cash, cheque, or bank transfer
- 1.50% AER Variable / Gross Variable PA for balances over £5,000, 1.35% AER Variable / Gross Variable PA for balances £4,999 and below
Fixed Rate Bonds
- 3.30% AER Gross for 12 month fixed bonds
- Choose a fixed term that works for your business: 12, 18 or 24 months
- Save up to £5 million
Fixed Deposit Account
- Get a fixed rate of interest for the length of your term.
- Deposit at least £10,000 and up to £5 million.
- Earn 1.40% - 2.24% Gross p.a.²
Call Us Today to Open a Business Savings Account
Protecting your money
Your eligible deposits held by a UK establishment of Ulster Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered.
See FSCS Protecting Your Money (PDF, 3.7 MB) more information about the scheme and how it protects your money.
Get Started
To open a business savings account, you must be a resident with a valid photo ID and a mobile number. You’ll also need a smartphone to use our app. We’ll carry out a soft credit check as part of the application process – this won’t affect your credit score. Additional eligibility criteria may apply.