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Business Deposit Accounts

Business Owner smiling after opening a business deposit savings account with Marsden Building Society

You’ve worked hard to build your business, so why not make your savings work hard too? We have a range of accounts available if you’re looking to make more of your business savings.

Our business deposit accounts can be opened by downloading an application form and returning it to us via email or post. Visit the 'Apply' tab on the product you're interested in to find out more.

Product type

Access

Easy access

Min. opening balance

£5,000

Rates up to

3.75% gross p.a./AER variable

Product details

Rate shown from £5,000

More details

Access

35 days' notice

Min. opening balance

£5,000

Rates up to

4.00% gross p.a./AER variable

Product details

Rate shown from £5,000

More details

Access

95 days' notice

Min. opening balance

£5,000

Rates up to

4.50% gross p.a./AER variable

Product details

Rate shown from £5,000

More details

Our business deposit affinity accounts support the Red Rose Responding Fund (External) with an annual donation equal to 0.25% of the total average balance of all business affinity accounts.

The Red Rose Responding Fund, managed by the Community Foundation for Lancashire, was set up to help fund local charities that support the mental health and well-being of the region’s most vulnerable people.

A savings account designed specifically for businesses. Our business deposit accounts can help you save for short and longer-term goals, meaning you can separate the things you’re saving for from your day-to-day business banking.

Our business deposit affinity accounts support the local community without costing you a penny. Each year we’ll donate 0.25% of the total average balance to the Community Foundation for Lancashire’s Red Rose Responding Fund, which supports the mental health and well-being of people living in Lancashire.

You can open a business deposit account with us if you’re a small-to-medium-sized business, Limited Company, Limited Liability Partnership or Partnership. You must have fewer than 250 employees, an annual turnover of no more than £42.5 million and/or an annual balance sheet totalling no more than £36.5 million. More information can be found in the terms and conditions of each of our business savings accounts.

Tax isn’t automatically deducted from the interest paid on our business deposit accounts. For information regarding tax or how to make a self-assessment tax return, please contact HMRC.

Yes, a business can earn interest on its savings, based on the interest rate of the account it chooses to save into. The amount of interest earned will depend on the rate and whether it's fixed or variable, as well as the overall account balance.

Business deposit accounts opened with Marsden Building Society are covered by the Financial Services Compensation Scheme (FSCS). More information about the FSCS can be found at www.fscs.org.uk (External).

Please note, products can be withdrawn at any time and without notice.

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We're here to help

If you have any questions about our business deposit accounts, get in touch. Our team are more than happy to help.