Best Business

DF Capital Business Banking

About DF Capital

Editorial Team
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DF Capital are a fairly new specialist bank that offers savings solutions and commercial finance products to UK SMEs. They were founded back in 2016 and in 2020 they were awarded their banking licence, allowing them to help and support businesses grow.

See our full DF Capital business savings review of features, fees and how they compare against other digital bank accounts.

DF Capital pros & cons

Pros of DF Capital

  • Boast interest rates up to 5.16% fixed AER
  • Save up to a maximum of £250,000
  • Award-winning UK-based support team
  • Deposits up to £85,000 are protected

Cons of DF Capital

  • Only offer one business savings account
  • Requires a deposit of at least £20,000
  • Not a very well-heard of bank

DF Capital business savings account

DF Capital currently only have one business savings account available.

It is a fixed rate business bond with a one year term.

The minimum deposit requirement is £20,000 and the most it will hold is £250,000. No further deposits or withdrawals are allowed once opened.

Here's a summary of all of DF Capital's business savings account:

Account nameDF Capital 1 Year Business Fixed Rate Deposit
Account typeFixed term
Interest rate (AER)5.16%
Minimum deposit£20,000
Maximum balance£250,000

Eligibility

To be eligible for a DF Capital savings account your business must:

  • Have 250 employees or less
  • Have a balance sheet less that £36.5m
  • Have an annual turnover less than £42.5m
  • Be established & operate in the UK (excluding the Channel Islands, Isle of Man & Republic of Ireland)
  • Be a limited company registered with Companies House
  • Have at least one director; no more than four, or more than two layers of ownership
  • Have a minimum of two years trading history
  • Nominate a UK business current account

Opening an account

Here's how to open a DF Capital business savings account:

  1. Start your business savings application, once confirming you're eligible
  2. Complete the application & register your account online
  3. Once registered, you'll have 14 days to deposit between £20k & £250k
  4. Once funded you can manage your account online or by email

If you have any questions or would like to talk to DF Capital, you can email them at savings@dfcapital.bank.

DF Capital reviews

DF Capital has an average rating on Trustpilot with 3.7 stars from 25 reviews, with 77% giving them 5 stars.

Their Trustpilot profile is new and so might not be a true reflection of how they are. Be sure to do your own research or contact the bank directly for more.

Information correct as of 12th June 2024.

Frequently asked questions

It's not uncommon to have questions when looking in to business banking, especially for the first time. These are some of the most relevant questions for DF Capital:

Yes, DF Capital is a regulated bank that benefits from FSCS-protection, meaning that eligible deposits up to £85,000 are covered in the event of the bank going bust.

DF Capital is a trading name of DF Capital Bank Limited - a subsidiary of Distribution Finance Capital Holdings plc.