Banks & rates for businesses

Discover the latest rates available to Flagstone Business account holders.

The rates shown do not account for Flagstone's annual management fee, which ranges from 0.15-0.25% p.a. There is also a £500 administration fee for all Business accounts. See our fee schedule for more information.

Bank

Castle Community Bank

Gross

4.98%

4.98%

Term

Instant access

Instant access

Max deposit

£85k

Eligible for FSCS protection

No

Bank

SmartSave

Gross

4.96%

4.96%

Term

Instant access

Instant access

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

4.95%

4.95%

Term

Instant access

Instant access

Max deposit

£750k

Eligible for FSCS protection

Yes

Bank

Allica Bank

Gross

4.94%

4.94%

Term

Instant access

Instant access

Max deposit

£85k

Eligible for FSCS protection

Yes

Bank

The Bank of London

Gross

4.91%

4.91%

Term

Instant access

Instant access

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

Nationwide

Gross

2.35%

2.35%

Term

Instant access

Instant access

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

ABC Bank

Gross

4.92%

4.92%

Term

Fixed 1 month

Fixed 1 month

Max deposit

£15m

Eligible for FSCS protection

Yes

Bank

ABC Bank

Gross

4.77%

4.77%

Term

Fixed 1 month

Fixed 1 month

Max deposit

£3m

Eligible for FSCS protection

No

Bank

Hampden & Co

Gross

4.52%

4.52%

Term

Fixed 1 month

Fixed 1 month

Max deposit

£85k

Eligible for FSCS protection

Yes

Bank

Sainsburys Bank

Gross

4.51%

4.51%

Term

Fixed 1 month

Fixed 1 month

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

ABC Bank

Gross

4.00%

4.00%

Term

Fixed 1 month

Fixed 1 month

Max deposit

$15m

Eligible for FSCS protection

Yes

Bank

ABC Bank

Gross

2.50%

2.50%

Term

Fixed 1 month

Fixed 1 month

Max deposit

€15m

Eligible for FSCS protection

Yes

Bank

Allica Bank

Gross

4.95%

4.95%

Term

Notice account 35 days

Notice account 35 days

Max deposit

£85k

Eligible for FSCS protection

Yes

Bank

Allica Bank

Gross

4.81%

4.81%

Term

Notice account 35 days

Notice account 35 days

Max deposit

£170k

Eligible for FSCS protection

Yes

Bank

OakNorth

Gross

4.79%

4.79%

Term

Notice account 35 days

Notice account 35 days

Max deposit

$1m

Eligible for FSCS protection

Yes

Bank

ABC Bank

Gross

5.16%

5.16%

Term

Fixed 3 months

Fixed 3 months

Max deposit

£15m

Eligible for FSCS protection

Yes

Bank

Europe Arab Bank

Gross

5.15%

5.15%

Term

Fixed 3 months

Fixed 3 months

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

Nationwide

Gross

5.10%

5.10%

Term

Fixed 3 months

Fixed 3 months

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

Sainsburys Bank

Gross

5.02%

5.02%

Term

Fixed 3 months

Fixed 3 months

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

SmartSave

Gross

5.01%

5.01%

Term

Fixed 3 months

Fixed 3 months

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

ABC Bank

Gross

5.00%

5.00%

Term

Fixed 3 months

Fixed 3 months

Max deposit

£3m

Eligible for FSCS protection

No

Bank

ABC Bank

Gross

5.00%

5.00%

Term

Fixed 3 months

Fixed 3 months

Max deposit

$15m

Eligible for FSCS protection

Yes

Bank

OakNorth

Gross

4.95%

4.95%

Term

Fixed 3 months

Fixed 3 months

Max deposit

$1m

Eligible for FSCS protection

Yes

Bank

FCMB Bank (UK) Limited

Gross

4.20%

4.20%

Term

Fixed 3 months

Fixed 3 months

Max deposit

$10m

Eligible for FSCS protection

Yes

Bank

ABC Bank

Gross

3.40%

3.40%

Term

Fixed 3 months

Fixed 3 months

Max deposit

€15m

Eligible for FSCS protection

Yes

Bank

SmartSave

Gross

5.10%

5.10%

Term

Notice account 95 days

Notice account 95 days

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

Investec

Gross

5.05%

5.05%

Term

Notice account 95 days

Notice account 95 days

Max deposit

£2m

Eligible for FSCS protection

Yes

Bank

Investec

Gross

5.05%

5.05%

Term

Notice account 95 days

Notice account 95 days

Max deposit

£2m

Eligible for FSCS protection

Yes

Bank

Allica Bank

Gross

5.00%

5.00%

Term

Notice account 95 days

Notice account 95 days

Max deposit

£85k

Eligible for FSCS protection

Yes

Bank

OakNorth

Gross

4.98%

4.98%

Term

Notice account 95 days

Notice account 95 days

Max deposit

$1m

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

4.86%

4.86%

Term

Notice account 95 days

Notice account 95 days

Max deposit

£10m

Eligible for FSCS protection

No

Bank

Santander International

Gross

4.70%

4.70%

Term

Notice account 95 days

Notice account 95 days

Max deposit

£85k

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

5.16%

5.16%

Term

Fixed 6 months

Fixed 6 months

Max deposit

£750k

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

5.16%

5.16%

Term

Fixed 6 months

Fixed 6 months

Max deposit

£750k

Eligible for FSCS protection

Yes

Bank

Allica Bank

Gross

5.10%

5.10%

Term

Fixed 6 months

Fixed 6 months

Max deposit

£85k

Eligible for FSCS protection

Yes

Bank

Sainsburys Bank

Gross

5.05%

5.05%

Term

Fixed 6 months

Fixed 6 months

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

OakNorth

Gross

5.01%

5.01%

Term

Fixed 6 months

Fixed 6 months

Max deposit

$1m

Eligible for FSCS protection

Yes

Bank

SmartSave

Gross

4.99%

4.99%

Term

Fixed 6 months

Fixed 6 months

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

4.97%

4.97%

Term

Fixed 6 months

Fixed 6 months

Max deposit

£250k

Eligible for FSCS protection

Yes

Bank

FCMB Bank (UK) Limited

Gross

4.95%

4.95%

Term

Fixed 6 months

Fixed 6 months

Max deposit

$10m

Eligible for FSCS protection

Yes

Bank

FCMB Bank (UK) Limited

Gross

4.90%

4.90%

Term

Fixed 6 months

Fixed 6 months

Max deposit

$10m

Eligible for FSCS protection

Yes

Bank

Fidelity Bank UK

Gross

5.75%

5.75%

Term

Fixed 12 months

Fixed 12 months

Max deposit

$85k

Eligible for FSCS protection

Yes

Bank

Fidelity Bank UK

Gross

5.75%

5.75%

Term

Fixed 12 months

Fixed 12 months

Max deposit

$85k

Eligible for FSCS protection

Yes

Bank

Mizrahi Tefahot Bank

Gross

5.22%

5.22%

Term

Fixed 12 months

Fixed 12 months

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

OakNorth

Gross

5.10%

5.10%

Term

Fixed 12 months

Fixed 12 months

Max deposit

$1m

Eligible for FSCS protection

Yes

Bank

Shawbrook

Gross

5.02%

5.02%

Term

Fixed 12 months

Fixed 12 months

Max deposit

£2m

Eligible for FSCS protection

Yes

Bank

SmartSave

Gross

5.01%

5.01%

Term

Fixed 12 months

Fixed 12 months

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

5.00%

5.00%

Term

Fixed 12 months

Fixed 12 months

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

5.00%

5.00%

Term

Fixed 12 months

Fixed 12 months

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

FCMB Bank (UK) Limited

Gross

4.96%

4.96%

Term

Fixed 12 months

Fixed 12 months

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

FCMB Bank (UK) Limited

Gross

4.95%

4.95%

Term

Fixed 12 months

Fixed 12 months

Max deposit

$10m

Eligible for FSCS protection

Yes

Bank

Fidelity Bank UK

Gross

5.75%

5.75%

Term

Fixed 18 months

Fixed 18 months

Max deposit

$85k

Eligible for FSCS protection

Yes

Bank

Fidelity Bank UK

Gross

5.75%

5.75%

Term

Fixed 18 months

Fixed 18 months

Max deposit

$85k

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

4.80%

4.80%

Term

Fixed 18 months

Fixed 18 months

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

4.80%

4.80%

Term

Fixed 18 months

Fixed 18 months

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

SmartSave

Gross

4.79%

4.79%

Term

Fixed 18 months

Fixed 18 months

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

4.78%

4.78%

Term

Fixed 18 months

Fixed 18 months

Max deposit

£750k

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

4.78%

4.78%

Term

Fixed 18 months

Fixed 18 months

Max deposit

£750k

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

4.53%

4.53%

Term

Fixed 18 months

Fixed 18 months

Max deposit

£250k

Eligible for FSCS protection

Yes

Bank

FCMB Bank (UK) Limited

Gross

2.95%

2.95%

Term

Fixed 18 months

Fixed 18 months

Max deposit

$10m

Eligible for FSCS protection

Yes

Bank

FCMB Bank (UK) Limited

Gross

2.90%

2.90%

Term

Fixed 18 months

Fixed 18 months

Max deposit

$10m

Eligible for FSCS protection

Yes

Bank

Fidelity Bank UK

Gross

6.00%

6.00%

Term

Fixed 2 years

Fixed 2 years

Max deposit

$85k

Eligible for FSCS protection

Yes

Bank

Fidelity Bank UK

Gross

6.00%

6.00%

Term

Fixed 2 years

Fixed 2 years

Max deposit

$85k

Eligible for FSCS protection

Yes

Bank

Shawbrook

Gross

5.03%

5.03%

Term

Fixed 2 years

Fixed 2 years

Max deposit

£2m

Eligible for FSCS protection

Yes

Bank

iFast Global Bank Limited

Gross

4.90%

4.90%

Term

Fixed 2 years

Fixed 2 years

Max deposit

£85k

Eligible for FSCS protection

Yes

Bank

SmartSave

Gross

4.72%

4.72%

Term

Fixed 2 years

Fixed 2 years

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

4.60%

4.60%

Term

Fixed 2 years

Fixed 2 years

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

iFast Global Bank Limited

Gross

4.54%

4.54%

Term

Fixed 2 years

Fixed 2 years

Max deposit

£170k

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

4.46%

4.46%

Term

Fixed 2 years

Fixed 2 years

Max deposit

£750k

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

4.50%

4.50%

Term

Fixed 3 years

Fixed 3 years

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

4.50%

4.50%

Term

Fixed 3 years

Fixed 3 years

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

SmartSave

Gross

4.39%

4.39%

Term

Fixed 3 years

Fixed 3 years

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

Shawbrook

Gross

4.38%

4.38%

Term

Fixed 3 years

Fixed 3 years

Max deposit

£2m

Eligible for FSCS protection

No

Bank

Hampshire Trust Bank

Gross

4.16%

4.16%

Term

Fixed 3 years

Fixed 3 years

Max deposit

£750k

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

4.16%

4.16%

Term

Fixed 3 years

Fixed 3 years

Max deposit

£750k

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

4.01%

4.01%

Term

Fixed 4 years

Fixed 4 years

Max deposit

£750k

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

4.01%

4.01%

Term

Fixed 4 years

Fixed 4 years

Max deposit

£750k

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

4.00%

4.00%

Term

Fixed 4 years

Fixed 4 years

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

4.00%

4.00%

Term

Fixed 4 years

Fixed 4 years

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

Hampshire Trust Bank

Gross

3.76%

3.76%

Term

Fixed 4 years

Fixed 4 years

Max deposit

£250k

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

3.55%

3.55%

Term

Fixed 4 years

Fixed 4 years

Max deposit

£10m

Eligible for FSCS protection

No

Bank

Shawbrook

Gross

4.28%

4.28%

Term

Fixed 5 years

Fixed 5 years

Max deposit

£2m

Eligible for FSCS protection

No

Bank

SmartSave

Gross

4.27%

4.27%

Term

Fixed 5 years

Fixed 5 years

Max deposit

£1m

Eligible for FSCS protection

Yes

Bank

Cambridge and Counties

Gross

4.25%

4.25%

Term

Fixed 5 years

Fixed 5 years

Max deposit

£5m

Eligible for FSCS protection

Yes

Bank

Cambridge and Counties

Gross

4.25%

4.25%

Term

Fixed 5 years

Fixed 5 years

Max deposit

£5m

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

4.00%

4.00%

Term

Fixed 5 years

Fixed 5 years

Max deposit

£10m

Eligible for FSCS protection

Yes

Bank

Aldermore

Gross

4.00%

4.00%

Term

Fixed 5 years

Fixed 5 years

Max deposit

£10m

Eligible for FSCS protection

Yes

Rates are subject to change or withdrawal and are shown gross of Flagstone's Annual Management Charge, illustrating what the interest rate would be before the management fee is deducted. You can learn more about Flagstone's fees in our fee schedule. Rates correct as at 1 March 2024.

For Fixed Term Deposit Accounts, interest is paid at the end of the term. For details of how interest is paid on Instant Access Accounts and Notice Accounts, please refer to the Terms & Conditions for the specific account available on the platform.

The Flagstone platform is available to individual and joint applicants who are resident in the UK and 18 years of age or older. Accounts are also available to UK-registered companies, charities and trusts (including SIPPs and SSASs). The minimum deposit for UK-registered businesses is currently £250K.

Dependent upon whether you are an individual, looking to open a joint account, or acting on behalf of a company, charity, trust, SIPP or SSAS; different banks, accounts and rates will be available to you on the platform. The number of accounts available may also be reduced dependent upon client factors.

Our partner banks

Browse and choose market-leading and exclusive interest rates from up to 30+ banks.

Frequently asked questions

How are you able to offer competitive rates?

As the UK's leading cash deposit platform, the volume of deposits placed with us, and the relationships developed with our partner banks gives us access to exclusive, best-in-class deposit rates for our clients.

What are Instant Access, Notice and Fixed Term accounts?

With Instant Access Accounts, you can deposit and withdraw your money at any time.

With Notice Accounts, you can withdraw your money in the future, by giving notice to the bank. For example, 30 days' notice means you would give the bank notice and withdraw your funds 30 days later.

A Fixed Term Deposit Account has a specific term (e.g. 3 months or 12 months). Once a Fixed Term Deposit Account is open and funded it cannot be broken until the end of the term.

This means that your cash is locked up in the account for the full length of the term, after which it automatically returns to your holding account with the interest that has accrued on the deposit.

How is my money protected?

All UK-based banks and building societies on our platform are members of the Financial Service Compensation Scheme (FSCS). This allows your clients to protect their savings by spreading their cash across several banks or building societies, and receive the FSCS protection of £85K each time, if eligible.

What are your fees?

For business clients, there is an annual management fee of between 0.15% p.a. and 0.25% p.a. depending on the value of deposits you hold on our platform.

There is a one time setup fee of £500 will be payable and automatically taken from your initial deposit. For US Dollar accounts this fee is $500 and for Euro Accounts it is €500. This admin fee applies to company, charity and trust clients.

Don't just store money, protect it.

Use our cash deposits calculator to see how much interest you could be earning, whilst FSCS protecting your deposits.

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