Introducing the Newcastle Business Saver account

A savings account that works for your business.

Make sure your savings do the work for you, with an easy access Newcastle Business Saver account.

We believe that local business owners like you are key to driving growth and prosperity within our communities.

That’s why we are committed to giving you the support you need, helping your business connect with a better financial future.

Our Business Saver account has 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.

It’s also an easy way to access your savings whilst enabling you to separate your day-to-day activity, and your business savings.

Why choose Newcastle Building Society for your business savings?

  1. A competitive interest rate on your Business Saver account.
  2. Our dedicated Business Savings team are ready and on hand to help you manage your account and answer any questions.
  3. We are investing in our branch network, demonstrating our commitment to serving communities.
  4. The Society supports local charities through the Newcastle Building Society Community Fund at the Community Foundation. 
  5. Your savings are covered by the Financial Services Compensation scheme, which means your savings of up to £85,000 are covered. Some exclusions apply. Find out more

Is this the right account for my business?

You can open a Business Saver 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.

Newcastle Business Saver is for your short and long-term business needs. It is not a suitable account for day to day business banking.

How to open the Newcastle Business Saver

If you want to open and manage your account in branch, please visit your local branch

If you are a Sole Trader or Partnership and want to open and manage your account online, please apply here for the Newcastle Online Business Saver.

If your business is a Limited Company or a Limited Liability Partnership and you want to open and manage your account online, please apply here for the Newcastle Online Business Saver.