We asked over 500 SMEs across the UK about their banking experiences. Read our new report on how they really feel about the service they’re getting.
Download the report
We’ve listened to our business customers and developed our business savings accounts and services accordingly. We believe we understand what you need from your account provider. So we’ll always offer a local high street branch for you to come in and have a chat. And our Business Savings Promise means you can access up to half of your fixed term funds early if an unexpected problem crops up.
You’ll find we’ve expanded our range of accounts so there’s even more choice for you – whatever you’re looking for, from easy access to fixed-rate bonds.
Our business accounts
Saffron is here to help make your savings work for you so you can concentrate on growing your business. One of the ways we’ve learned about SMEs’ banking experiences and views is to ask them direct. Our latest questions were put to over 500 SMEs, just like you, across the country in July 2024 – and the resulting report is now available. It’s essential reading.
Click to read report
You can apply online, in branch or by post. Our online accounts can only be opened online, but can be managed online or via the app once opened.
For most of our business savings accounts, the answer is yes. However, with our Business Bonds, you can’t take money out and you can’t close your account within the fixed term.
You can find out more about our business savings accounts by following the link below.
Business savings accountsFrom large businesses to small clubs, Saffron offers a range of business savings accounts to make investing as simple as possible. The type of business, or sector you’re working in, should not affect your ability to open a business savings account with Saffron.
Yes. You can open, and operate, all our business savings accounts online with the exception of our Sports and Social Clubs account.
Saffron Building Society is a member of the Financial Services Compensation Scheme (FSCS) established under the Financial Services and Markets Act 2000.
Find out more information Russell joined Saffron in May 2024 as Retail Business Development Manager, after 25 years as a BDM in software sales to professional services companies. He's excited to meet new businesses whilst maintaining and strengthening relationships with existing ones.
When he's not working, his big passion is golf and you’ll often find him on the course trying to improve his handicap!
Sarah joined Saffron in 2012, and has worked in financial services for decades across a variety of different roles. She takes pride in knowing our customers and what their journey will look like at Saffron. She is here to help you every step of the way.
When not at Saffron, she enjoys long river walks with her family and her dog Winnie.
Choosing the right savings option for your business is essential – and Saffron can help. Come in for a chat and we’ll get to know you and your business goals. Whether you’re looking for an everyday instant access business savings account or a place for that capital you won’t be needing for a while, we’ll take you through all the benefits and features of our accounts and take you through our business savings rates.
Book a business savings review now