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Redwood bank is celebrating after receiving an industry award for an incredible eighth successive year.
Redwood Bank was presented with the Best Business Variable Rate Deposit Account Provider award at the 2026 Business Moneyfacts Awards to add to the seven other trophies at its Broadway head office.
Jessica Darrah, Senior Savings Product Manager at Redwood Bank said: “Securing this award for the eighth-year running is a testament to the dedication and expertise of the entire Redwood team. We continually strive to offer our customers exceptional service and competitive products, and this recognition reinforces our commitment to excellence.”
Redwood’s continued success in this category highlights its ability to deliver competitive, reliable savings solutions for UK businesses.
In addition to this headline win, Redwood Bank was also shortlisted in two further categories: Best Business Fixed Account Provider and Best Service from a Commercial Mortgage Provider, demonstrating strong performance across its wider product range.
The latest recognition adds to a growing list of accolades for the Bank in 2026, including:
Best Charity Savings Provider, Moneycomms Awards 2026
Best Notice Business Savings, Moneycomms Awards 2026
Best Monthly Interest Business Savings, Moneynet Awards 2026
The awards ceremony, held at Evolution London, brought together leading financial institutions from across the UK to celebrate excellence in service and innovation.
Since launching in 2017, Redwood Bank has built a reputation for its fast, flexible approach to business banking, offering a range of award-winning savings accounts and commercial mortgages tailored to UK SMEs.