Business Deposits

A business deposit account that works as hard as you do. Make your money work harder. Our deposit accounts give you the opportunity to grow it in a way that suits your business.

Overview and features

Fixed Term Deposit

  • Minimum balance £10,000. No maximum balance.
  • Choose your term up to 12 months.
  • Interest paid on maturity.
  • No withdrawals or deposits allowed during the fixed term.

Premium Business Reserve

  • No Minimum or maximum account balance required.
  • Suitable for immediate access or short-term savings.
  • Variable deposit interest rate.
  • Interest paid in March and September each year.

You should review your savings accounts regularly to make sure they are still right for you.

View our current interest rates.

Product comparison

Fixed Term Deposit
Premium Business Reserve
When is interest paid?
At the end of your fixed term
March & September
Interest rate
Fixed for term

The interest rate can change
Minimum balance
£10,000
£1
Allows future deposits
No, you must wait until the end of your fixed term
Yes, they can be made anytime
Allows withdrawals
No, you must wait until the end of your fixed term
Yes, they can be made anytime
Online account access
No
Yes
Breakage charge
Yes

No
Account term
1 to 12 months
No minimum or maximum

Get in touch

Step 1

Request a callback

A member of our team will be in touch within 2 working days.

Request a call back

Step 2

Review your needs

We’ll provide information to allow you to decide which account suits your needs.

Step 3

Apply

We will fully support you through the account opening process.

Useful links

FSCS Protected

Your eligible deposits with Bank of Ireland (UK) plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Bank of Ireland UK and Post Office Money and savings accounts under the AA Savings brand provided by Bank of Ireland UK. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please click here for further information or visit www.fscs.org.uk