Unity Trust Bank offers a range of business savings accounts to suit your organisation and earn you interest. The money you deposit will, in turn, help us to help other organisations make a real difference to society. Select the options below to learn more about our savings accounts.
Fixed Term Deposit Accounts
A Fixed Term Deposit Account could be for you if you’re happy to leave your money untouched for a fixed period and receive interest at maturity, want to save a lump sum of £100K or more rather than making regular deposits, and want certainty of what interest you will earn on your savings.
Instant Access Savings Account
If your business will be adding to the account or needs to access savings before the end of the term, or you don’t have easily accessible funds to deal with emergencies, our Instant Access Savings account could be the account for you.
Please see specific terms and conditions of account for more information.
Our fixed term savings accounts are not designed for transactional banking, which means they cannot be used to make payments through Online Banking or to withdraw available funds. To do either of these, you will need to request a transfer to an internal or external account, for which the may be a fee or loss of interest***. Please note that you will not be able to make a transfer from any of the term deposits during the Deposit Term.
* AER stands for Annual Equivalent Rate and illustrates the interest rate if interest was paid and compounded each year.
** You will not be able to access the funds early unless we are satisfied that exceptional circumstances exist. Examples are death of a sole trader or member of a partnership, exceptional financial difficulty, or vulnerability. If we grant early termination the interest rate applied for the entire period will switch to the default rate of 2.75% AER*.
*** Fees can be accessed in the Fixed Term Deposit Account Terms & Conditions.
Select a Savings account most suited to your organisation’s needs using the options above.
You will need to hold either a Unity Current Account or Instant Access Savings Account to progress your application. You can apply for one online, free of charge.
If you already have a servicing account with Unity, complete and sign the appropriate Savings application form and submit along with any supporting documentation:
Apply for a Fixed Term Deposit Account Apply for a Instant Access Savings Account
We will be in touch by email to progress your application.
Got a question?
It’s good to know that your eligible savings with Unity Trust Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. You can read more about your savings protection here.
