Business Savings Account

Business 6 Month Fixed Rate Account – Earn 4.10% AER

Deposit your money in a matter of minutes and start earning with our simple and easy online account.
Gross annually
Gross monthly
Min balance
Max balance

Opening an account is easy. Here's what to expect:

FSCS Protection

All deposits are protected up to £85,0002.

Simple set up

Easily open an account in minutes and manage your savings anytime, anywhere online.

Excellent rating

Our savings accounts are award-winning, and our customers have rated us excellent on Trustpilot.

Guaranteed interest rate

Our accounts pay a guaranteed interest rate, regardless of changes to the Bank of England base rate.

Key information about this account

Account name 

Business 6 Month Fixed Rate Account

What is the interest rate?

Annual InterestMonthly Interest

Interest is calculated daily.

You can choose to have your interest paid monthly or annually:

  • If you choose to have your interest paid monthly, interest will be paid on the same date each month that you first paid money into your Account.
  • If you choose to have your interest paid annually, interest will be paid on the anniversary of the date you first paid money into your Account.

You can choose to have your interest paid into your Recognise Business 6 Month Fixed Rate Account or your Nominated UK Business Bank Account.

Apply now

No, the interest rate is fixed for 6 months (the Term) from the date your Initial Deposit is paid into your account.
  • Minimum: £1,000
  • Maximum for Limited Companies and LLPs: £250,000
  • Maximum for all other eligible businesses: £85,000

A fixed rate savings account provides a set interest rate when it matures.

Businesses that use fixed rate savings accounts cannot access the money they deposit before the term ends.

Businesses cannot withdraw money from a fixed savings account. Money must remain invested until maturity in accordance with the product terms and conditions.

However, if you require urgent access to your funds or if there is an exceptional circumstance please contact us to discuss your options.

Locking your business’s money away for a set period can have significant benefits. Here’s a rundown:

Better Planning
Businesses that know how much interest they will earn on their savings can plan future years’ cash flow better.

Protection against interest rate fluctuations
Fixed-term savings accounts offer businesses full protection against interest rate fluctuations, preventing lower rates from eating into returns.

More competitive rates
Locking money away for a pre-agreed period allows businesses to access more competitive, higher rates.

Opening and managing an account is easy with Recognise Bank. Simply apply online or call a member of our team for advice on how to get started.

  1. Click apply now
  2. Follow the onscreen instructions and provide us with some details about your business and existing UK account information.
  3. Make your first deposit within 14 days
  4. That’s it! Watch your business savings grow.
 Annual InterestMonthly Interest
Initial DepositInterest EarnedBalance after 6 monthsInterest EarnedBalance after 6 months

The projection assumes that:

  • Your Initial Deposit is paid into the Account when it is opened
  • It is not a leap year
  • No further deposits or withdrawals are made during the 6 month period
  • The interest rate does not vary during the 6 month period

The calculation is for illustrative purposes only and does not consider your individual circumstances.

All our savings accounts are covered by the Financial Services Compensation Scheme (FSCS). This means that, should anything happen to Recognise Bank, any eligible deposit of up to £85,000 will be protected.

Important information

Make sure you read our general terms and conditions, product terms and conditions and product summary before opening an account.

AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded annually each year.

Gross is the interest rate payable before tax is deducted.

Check that you meet our criteria:

Recognise your potential

We believe business shouldn’t be held back by a bank.

That’s why we’ve made it our mission to create a fully licensed digital bank which puts relationships first.

We work with businesses not against them. And we aim to be as flexible as possible with all of our offerings and services, no matter what your business needs. It’s why our customers, brokers and partners love working with us.

Explore our range of award winning savings accounts, business loans, and specialist mortgages today and let us help your business thrive.

Don’t take our word for it, read our reviews

Frequently asked questions

When you deposit money into a savings account, your bank will pay interest into your chosen account either monthly or annually.

The amount of much interest you earn depends on the type of savings account and in accordance with the terms and conditions.

Fixed interest rates – will not change for the duration of your account term and will not be affected by the Bank of England Base Rate.

Variable interest rates – the interest is not set and can go up and down, often influenced by the Bank of England Base Rate.

Interest is calculated on a 365 day year basis and in a leap year we add an extra day of interest on the 29 February, which is included in the next interest payment made to your account following that date.

Interest rates applicable to your respective Recognise business savings account type can be found within the Summary Box.

Yes, you are permitted to have more than one fixed rate savings account.


Our business savings accounts are protected up to a total of £85,000 per eligible deposit by the financial services compensation scheme (FSCS). For further details, please visit

We’ll get in touch a minimum of 21 calendar days before maturity date of your account to let you know what your options are and we’ll send you another reminder around 14 calendar days before the maturity date of your account.

At the conclusion of your fixed savings account term, if you decide against renewal or if renewal isn’t an option, your principal and any accumulated interest or earnings will be transferred into your nominated UK bank account.

Can't find what you're looking for?

Check out our savings FAQs or contact us for additional support.