At OakNorth, we’re committed to helping businesses thrive. With our Business for Good referral programme, you can introduce an eligible new business to OakNorth business banking and, in return, we’ll donate £300 – split equally between you and the business you successfully referred – to charity. It’s a simple way to support your network and make a positive impact.
Send this page to an eligible business you would like to refer to us so they can start their application (make sure they put your details in as their referrer!).
Once the referred business has successfully opened an account, they will need to deposit £85,000 within the first month to meet our eligibility criteria.
Once successful, we’ll reach out to find out which charity you’d like us to send your £150 donation to (we’ll do the same for the business you referred to us).
We’ll handle the donations directly on your behalf – making a positive impact has never been easier!
With quick account opening, up to 4.50% AER* interest on business savings and no monthly fees**, our business current accounts, Visa debit cards, and payment solutions empower high-growth businesses to scale at speed. Read more about our tailored business banking solutions.
By submitting this form you are applying for OakNorth Business Banking and agree to us processing your data as described in our Privacy Notice and Cookie Policy. Read the full programme Terms and Conditions.
Anyone can refer a business to OakNorth business banking.
To be eligible, the referee must be a UK business that has not applied to OakNorth business banking in the past and must meet the standard eligibility criteria for OakNorth business banking.
There is no limit to how many businesses you can refer. As long as they meet our eligibility criteria, we’ll donate £150 in your name and £150 in the successful referee’s name to your charities of choice.
If the business you referred is successful in opening an account and has deposited £85,000 in the first month, we’ll reach out to you to let you know and ask for your charity of choice (and do the same for them). If you don’t hear from us, unfortunately it means the business was not successful in meeting the eligibility criteria.
As long as your chosen charity passes our due diligence checks, we’ll donate to them. In the event we decline your chosen charity we will let you know and ask you to choose another one. The chosen charities of the referrer and referee can be the same or different.
If you have any questions about the programme, please contact us at [email protected] and we’ll be happy to help.
*Variable rates correct as of 07-Nov-2024. 3.35% AER on easy-access savings and 4.50% AER on a separate 95-day notice account. The interest rate for the notice account is variable and will track the Bank of England Base rate plus or minus a fixed spread (this is the rate that we add or subtract from the Bank of England Base rate). When applying, you will have full clarity on the interest rate (which will include the Bank of England Base rate and the spread). So, if the Bank of England Base rate goes up, your rate will go up; and if the rate comes down, your rate will follow. The interest rate on your account will be updated on the 1st day of each calendar month to reflect the change made to the Bank of England Base rate. Read the Terms and Conditions here. ** No fees as of 30-Sep-2024 but subject to change.
You understand and acknowledge that the business current account and the mobile app are being provided on an “as is” basis without warranty of any kind. Whilst we will constantly endeavor to improve our product(s), we cannot guarantee that they are free from lags, bugs or a slower than intended response time. Your and our liability in relation to the product is covered in full within the Terms and Conditions. Any communication by an OakNorth business partner is merely a statement of facts and not a recommendation or advice of any kind including with respect to any financial projections, estimates or forecasts related to any product being offered. You are requested to rely on your own analysis before investing/purchasing.
This Visa card is issued by Transact Payments Limited. Transact Payments Limited is authorised and regulated by the Gibraltar Financial Services Commission. Visa is a trademark owned by Visa International Service Association and used under license.
OakNorth Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Financial Services Register number: 629564. The Financial Services Register can be accessed at www.fca.org.uk/register. Registered Office: 57 Broadwick Street, London W1F 9QS, Registered in England No. 08595042.
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