Our Business Reward Saver account is designed for small to medium sized start-up and established businesses with up to two directors, owners (shareholders) or partners. This account gives you all the benefits of a savings account, plus a better rate of interest when you don't make withdrawals.
Easy access to your money.
Save from £1 up to £2 million.
0.60% gross/AER (variable).
You get 0.10% gross/AER (variable) in any month when withdrawals are made (for that month only).
Unlimited additional deposits (up to a balance of £2 million).
Make withdrawals and deposits online, by phone, and at cash machines.
After 12 months, the account will become a Business Everyday Saver
Nominate colleagues to manage the account
Give them access so you can focus on the business and leave the accounts to your team.
Single and joint accounts are available.
Please read the full product details and terms & conditions before applying. Other
Your money, your way
You choose how you bank with us.
Secure, 24/7 banking. Make payments, view statements and much more. More on Online Banking
Bank from anywhere using our Santander Business Banking app or by using bb.santander.co.uk. Text me the app.
Free text and email alerts
You don’t have to wait for your statement to arrive or to log on to find out something has happened on your account anymore. By setting up the alerts you want in Online Banking we can send you a text or email when it happens - such as when your balance goes above or below a certain amount. More on free alerts
For account servicing, call us on 0800 731 6666. Lines open 8am to 9pm Monday to Friday and 8am to 2pm on Saturdays. More on Telephone Banking
Business Reward Saver (Issue 7) - interest rates
Interest is paid monthly.
The minimum balance for this account is £1. If you make any withdrawals during the month you will receive a lower rate of interest for that month only.
After 12 months, the account will become a Business Everyday Saver.
|Tier||Effective rate if withdrawal is made|
|Gross Rate p.a.||AER (variable)|
|Tier||Effective rate if no withdrawals are made|
|Gross Rate p.a.||AER (variable)|
Up to and including 5 April 2016 interest will be paid net, unless evidence is provided to confirm your eligibility to receive interest gross. From 6 April 2016, you'll receive interest gross, with no tax taken off. The gross rate is the interest rate we pay where no income tax has been deducted.
Rates Correct as at 4 April 2016.
Please see the Key Facts Document on the Terms & conditions tab for full details.
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Everything you need to know before you apply
We recommend reading the information in the documents below before you apply. You may like to save or print them so you can refer to them in the future.
General Terms & Conditions (pdf) including Terms of Business
To view these documents, you may need to download Adobe Reader.
Please make sure you read the product terms and conditions, including the product factsheet, before you apply.
You can apply if you:
have a business that's registered in the UK
live in the UK - all account operators must live in the UK
are aged 18 or over.
have up to two directors, owners (shareholders) or partners
are either a sole trader, or your business is a partnership, limited liability partnership, private limited company, or a trust.
If you have more than two directors, owners (shareholders) or partners or your business entity isn't listed above, please visit Corporate & Commercial Banking.
You can apply for a single account or a joint account with up to 10 account holders.
Apply by phone
Call us on 0800 077 8839.
Lines open 8am to 7pm Monday to Friday.
Apply in branch
Contact your local branch to see if a Local Business Manager is available to support you.
To change your account details you will need to complete and return the Change of Details form. Once complete please return the form to Santander Business Banking, Bridle Road, Bootle L30 4GB. If you require assistance with your request please call the Business Banking contact centre on 0800 731 6666. Lines open 8am to 9pm Monday to Friday and 8am to 2pm on Saturdays.
If your business is a Club or Society, you’ll need to complete the Change of Details form for Clubs and Societies.
You can access your accounts via Online Banking, Telephone and Mobile Banking, but not via branch or Post Office.
Yes, ATM cards are available for cash withdrawals and balance information on both the Business Everyday Saver and Business Reward Saver.
Call us on 0800 731 6666. Lines open 8am to 9pm Monday to Friday and 8am to 2pm on Saturdays.
Limited Liability Partnerships
Private Limited Companies
Your business must have up to two directors, owners (shareholders) or partners.
If you would like a relationship managed service or have comprehensive banking, international business or larger lending needs, please visit Corporate & Commercial Banking.