Business Fixed Saver
We’re no longer offering Fixed Savers for businesses.
If you opened your Business Fixed Saver before 12:00 on 12/02/2024, you can find your summary box below.
If you have questions about the Business Fixed Saver, you can read our frequently asked questions here.
Applicable to Business Fixed Savers entered into before 12:00 on 12/02/2024
1-Year Business Fixed Saver
What is the interest rate?
Gross/Annual Equivalent Rate (AER): 2.50%
The Annual Equivalent Rate (AER) shows how much interest the company will earn after a whole year.
We pay 'gross' interest, which means we don’t deduct any tax your company might owe. Please note, you may need to declare the interest you earn on this product in
your company’s tax return, depending on the particular circumstance of your business.
Interest is calculated every day, and paid at the end of the term.
Can Starling change the interest rate?
No, the interest rate will stay the same for the full 1-year term.
What would the estimated balance be after 1 year based on a £2,000 deposit?
Interest rate (AER): 2.50%
Balance after one year: £2,050.00
How do I open and manage my Business Fixed Saver?
To open a 1-Year Fixed Saver, you’ll need to have a Starling business current account.
The company will also need to pay in at least £2,000 and can only hold up to £1,000,000 across all the Fixed Savers it may have.
You can open and manage the Fixed Saver in Online Banking or the Starling app.
Can I withdraw or add money?
No, you can’t move your money until the end of the 1-year term.
We’ll contact you before your fixed term ends to find out what you’d like to do next.
You can cancel your Fixed Saver within the first 14 days of opening it and we’ll return the company’s money without interest.