Savings accounts that work for your business
Make sure your savings do the work for you, with a Newcastle business savings account.
Our business savings accounts have been designed to help you securely put away funds for your short-term goals such as tax, and longer-term objectives such as expanding your business.
Our range of accounts enable you to separate your day-to-day activity, and your business savings.
You can open a business savings account with Newcastle Building Society if:
- Your business is a Limited Company, Sole Trader, Partnership or a Limited Liability Partnership.
- You have fewer than 250 employees and either annual turnover not exceeding £42.5m and/or annual balance sheet total not exceeding £36.5m.
- All individuals connected to the business are a minimum of 18 years old.
- Your business is eligible to open an account as listed in our Business Savings product specific Terms & Conditions.
View our frequently-asked questions about business savings accounts for more information.
Our business savings accounts are for your short and long-term business needs. They are not a suitable account for day to day business banking.
Sole Traders or Partnerships (Unregistered Businesses)
If you are a Sole Trader or Partnership business and are not registered at Companies House or do not have a company registration number, find out more here.
Limited Companies/Limited Liability Partnerships (Registered Businesses)
If you are a Limited Company or a Limited Liability Partnership business and are registered at Companies House, and have a company registration number, find out more here.
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Approved by the Openwork Partnership on 17/07/2023.
Newcastle Building Society introduces to Newcastle Financial Advisers Limited for advice on Investments, Pensions, Life and Protection Insurance and Inheritance Tax Planning. Newcastle Financial Advisers Limited is an appointed representative of The Openwork Partnership which is a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.