Eligibility

You need to be registered in the UK and be eligible to pay UK tax.

You need to be a partnership, limited liability partnership (LLP) or limited company. If you are a limited liability partnership (LLP) or a limited company, at least one person of significant control must be a UK resident and only a tax resident in the UK.

Your business must have a maximum of 10 directors. Any individual who is a person of significant control and anyone you appoint as a user for your account must be aged 18 or over and not be a US citizen.

Plese note that Business Saver is not available to Sole Traders, Charities or Trusts, Non-UK businesses, Money Service Businesses (MSBs) and Payment Service Providers (PSPs).

Important things to know

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Take note

The Business Saver account is an easy access account. All deposits need to come from, and withdrawals made to, your nominated account. This product is not suitable for people looking for a fixed rate of interest.

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Security

We take your security very seriously. Read more here.

What you'll need to apply

You can apply in as little as 15 minutes but if you need more time you can save your application and come back to it later. Please have the following things ready when applying:

  • Your email address.

  • A UK mobile phone number.

  • Photo ID.

  • A device with a camera.

  • Email addresses and phone numbers of any additional signatories you wish to add to the account. These details must be different to yours. Please note, that in order to apply you must add all ultimate beneficial owners with 10%, or greater ownership of the business.

  • Your Unique Taxpayer Reference number (you can find this in your Government Gateway account/HMRC app).

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Existing customer

Contact your Relationship Manager or contact us directly and we will process your application swiftly.

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Prefer to speak to someone?

Email businessbanking@cynergybank.co.uk with the following and one of our relationship directors will be in touch within 1 working day.

  • Your name:

  • Company name:

  • Company registration number:

  • Business Email:

  • Phone number:

  • Nature of business:

  • Expected annual turnover through the account:

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Limited Company, LLP or Partnership

Not available to Sole Traders, Charities or Trusts, Non-UK businesses, Money Service Businesses (MSBs) and Payment Service Providers (PSPs). Started applications will be cancelled if not completed within 14 days.

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

Daily payment cut-off times apply.

*** Terms and conditions apply. Subject to meeting the customer acceptance policy.

Ways you can contact us

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Secure message

Send us a secure message by logging into Online Banking.

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Email us

using our online form.

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Phone us

0345 850 5555 (or +44 (0) 20 3375 6422 if you're calling from outside the UK)