Charity Business Bank Accounts
- ✓Find charity accounts from the UK’s leading traditional & challenger providers
- ✓Join thousands of businesses who found their perfect match here
- ✓Quick comparison of features, terms and qualifying criteria
Promoted
Virgin Money M Account for Business
- •Free day-to-day online business banking*
- •Designed for businesses with a turnover of less than £1million
- •Earn 0.25% Cashback on debit card purchases. Terms and exclusions apply
Charity Business Bank Accounts
- ✓Find charity accounts from the UK’s leading traditional & challenger providers
- ✓Join thousands of businesses who found their perfect match here
- ✓Quick comparison of features, terms and qualifying criteria
25 Products Compared
-
Monthly Fee
£25 -
Card Purchases
Free -
Bank Transfers
Free -
Overdraft
-
Access
App/Online/Phone- Postal facility for cheques
- Cash paid in at PayPoint (£1 fee)
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
£25
Free
Free
App/Online/Phone
- Postal facility for cheques
- Cash paid in at PayPoint (£1 fee)
Product Features
- Expense Cards
- Bulk Payments
- Access for up to 15 team members
- Set payment approval limits
- Plus everything included in our Pro and Lite accounts
Eligibility Criteria
- First 6 team members are included with Team Account, then it’s an extra £5/month per team member.
- Only sole traders or limited company directors in the UK can apply.
- Monzo Business Team starts from £25/month. Ts&Cs apply.
Monzo Business Team customers get the cloud accounting platform for 8 months free, up to £472 value.
*Your first month of Pro or Team is free, after that Pro is £9/month and Team starts from £25/month. Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
*Your first month of Pro or Team is free, after that Pro is £9/month and Team starts from £25/month. Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
-
Monthly Fee
£35 -
Card Purchases
Free -
Bank Transfers
100 free per month- 100 free local transfers per month, then 20p thereafter
- International transfers: £5
-
Overdraft
-
Access
App/OnlineNo cash or cheque facilities
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
£35
Free
100 free per month
- 100 free local transfers per month, then 20p thereafter
- International transfers: £5
App/Online
No cash or cheque facilities
Product Features
- Multi-currency accounts – receive payments and exchange in 25+ currencies
- Control and monitor team spending with multiple debit and virtual cards, manage permissions and levels of access and more
- Various payment facilities including Tap to Pay on iPhone (fees apply)
- Earn annual interest daily with a linked business savings account
Eligibility Criteria
- Available for limited companies, PLCs, LLPs, Partnerships & unlimited companies
- Currently available for companies registered in and with a physical presence within the European Economic Area (EEA), Switzerland, UK and US
Revolut is not a fully licensed bank in the UK. Your money is held in a safeguarded account with a regulated bank or high quality liquid assets. Your savings are deposited with partner banks and eligible deposits are protected up to £85k per bank.
-
Monthly Fee
Free -
Card Purchases
Free -
Bank Transfers
Free -
Overdraft
-
Access
App/Online/Phone- Postal facility for cheques
- Cash paid in at PayPoint (£1 fee)
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free
Free
Free
App/Online/Phone
- Postal facility for cheques
- Cash paid in at PayPoint (£1 fee)
Product Features
- Free, instant UK bank transfers
- 24/7 customer support
- Mobile and web access
- The Monzo banking essentials
Eligibility Criteria
- Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
*Your first month of Pro or Team is free, after that Pro is £9/month and Team starts from £25/month. Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
Show More Products From MonzoShow Fewer Products From Monzo
-
Monthly Fee
Free -
Card Purchases
Free -
Bank Transfers
FreeFees apply CHAPS, SWIFT and SEPA transactions. -
Overdraft
-
Access
App/Online
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free
Free
Free
Fees apply CHAPS, SWIFT and SEPA transactions.
App/Online
Product Features
- Up to 4.33% AER (variable) on integrated Instant Access Savings Pot.
- Up to 1.5% cashback on eligible card spend. View Business Rewards Account Terms and Conditions on Allica bank website
- UK based dedicated relationship manager
- Eligible customers are covered by FSCS up to £85,000
- Direct accounting integrations with Sage and Xero
Eligibility Criteria
- Businesses must be incorporated for at least 12 months
- Businesses keeping less than £50,000 in their account will earn a reduced rate of interest and may incur fees.
*Rate includes standard rate of 3.33% AER (minimum balance applies) plus a 0.5% boost each month if you make 15 bank transfers out of the account in the previous month, and a 0.5% boost for six months if you complete a switch with CASS. Eligibility criteria and T&Cs apply.
Show More Products From Allica BankShow Fewer Products From Allica Bank
-
Monthly Fee
Free -
Card Purchases
Free -
Bank Transfers
Free for one year*Free bank transfers for one year, 20p thereafter -
Overdraft
-
Access
App/Online- No cheque facilities
- Cash deposits via Post Office (0.5% fee, minimum £2.50) and PayPoint (3% fee)
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free
Free
Free for one year*
Free bank transfers for one year, 20p thereafter
App/Online
- No cheque facilities
- Cash deposits via Post Office (0.5% fee, minimum £2.50) and PayPoint (3% fee)
Product Features
- Create and send invoices for free
- Multi-business – hold up to 5 business accounts
- Automated 30-day cash flow forecasts
Eligibility Criteria
- For registered business account: you must be registered with UK Companies House as a director of that company or partnership
- For sole trader account: you must be a UK based sole trader/freelancer
- For all accounts: you must be aged 18+, have a valid UK phone number and address, and hold compatible device registered to a UK App or Google Play store
*Complete the application and spend £500 within 60 days of opening your account to receive a £150 cashback from TIDE. Enter code 150BOOST when you sign up. T&C apply.
Show More Products From TideShow Fewer Products From Tide
-
Monthly Fee
£49**One month free trial -
Card Purchases
Free -
Bank Transfers
FreeSWIFT payments vary £10-£20 -
Overdraft
-
Access
App/Online
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
£49*
*One month free trial
Free
Free
SWIFT payments vary £10-£20
App/Online
Product Features
- 5 free active spend users per month and up to 50 free company cards
- Track cards and reimbursements with Expense Management
- Manage domestic and international bills with Bill Pay
- Automated receipt and bill data extraction and customisable, multi-layer spend approvals
- Xero expenses and bills integration
Eligibility Criteria
- You must be at least 18 years old
- Be a sole trader, partner in a partnership, or company
- Your business is registered in the UK. More markets are available with different Airwallex entities. Details can be found on the Airwallex website.
*10% cashback on your first $1,000 USD equivalent in eligible international card spend.
-
Monthly Fee
Free -
Card Purchases
Free -
Bank Transfers
n/a -
Overdraft
-
Access
App/Online
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free
Free
n/a
App/Online
Product Features
- Free package with 300 free virtual cards and an unlimited number of free physical cards
- Free multifunctional dashboard for tracking and managing expenses
- No top-up fee (in EUR), no transaction fees, no usage fee, no issuance fee, and no fee for adding extra users
- App included and API for integrations with any CRM accounting software
Eligibility Criteria
- You must be at least 18 years old
- Be a sole trader, partner in a partnership, or company
- Must have an eligible business bank account
Free package of 300 virtual cards with zero fees or limitations
Show More Products From WallesterShow Fewer Products From Wallester
-
Monthly Fee
Free*No monthly account fee for the first 12 months, for new customers, then £8.50 per month. T&Cs apply. -
Card Purchases
FreeCharges for some bank transfers and card payments apply. -
Bank Transfers
FreeCharges for some bank transfers and card payments apply -
Overdraft
-
Access
App/Online/Branch
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free*
No monthly account fee for the first 12 months, for new customers, then £8.50 per month. T&Cs apply.
Free
Charges for some bank transfers and card payments apply.
Free
Charges for some bank transfers and card payments apply
App/Online/Branch
Product Features
- No monthly account fee* plus access to discounted services via key partners to help you set up and run your business effectively, worth over £5,000**
- A UK-based team of business managers to help you manage and grow your business
- Simple and secure online banking with group payments and cash collection booking tools
Eligibility Criteria
- Businesses with existing Barclays business current accounts aren’t eligible for this offer. After 12 months, you’ll pay £8.50 per month. Fees and charges will apply in line with the business account tariff which may be subject to change.
- Your turnover must be between £1,000 and £400,000 per year
- Must be over 18, a UK resident and a sole trader or the director of a limited company
- Overdrafts are subject to application, financial circumstances and borrowing history.
*Businesses with existing Barclays business current accounts aren’t eligible for this offer. After 12 months, you’ll pay £8.50 per month. Fees and charges will apply in line with the business account tariff which may be subject to change.
**Terms and conditions apply per partner, see partner website for details
**Terms and conditions apply per partner, see partner website for details
-
Monthly Fee
Free -
Card Purchases
Free -
Bank Transfers
Free for one year*Free bank transfers for one year, 20p thereafter -
Overdraft
-
Access
App/Online- No cheque facilities
- Cash deposits via Post Office (0.5% fee, minimum £2.50) and PayPoint (3% fee)
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free
Free
Free for one year*
Free bank transfers for one year, 20p thereafter
App/Online
- No cheque facilities
- Cash deposits via Post Office (0.5% fee, minimum £2.50) and PayPoint (3% fee)
Product Features
- Create and send invoices for free
- Multi-business – hold up to 5 business accounts
- Automated 30-day cash flow forecasts
Eligibility Criteria
- For registered business account: you must be registered with UK Companies House as a director of that company or partnership
- For sole trader account: you must be a UK based sole trader/freelancer
- For all accounts: you must be aged 18+, have a valid UK phone number and address, and hold compatible device registered to a UK App or Google Play store
*To be eligible for the £200 Cashback offer, open both a Tide Instant Saver and Tide Business Bank Account. Ts&Cs Apply. New customers receive up to 4.22% AER free for 6 months. For full offer T&Cs visit tide.co/savings
Show More Products From TideShow Fewer Products From Tide
-
Monthly Fee
£9 -
Card Purchases
Free -
Bank Transfers
Free -
Overdraft
-
Access
App/Online/Phone- Postal facility for cheques
- Cash paid in at PayPoint (£1 fee)
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
£9
Free
Free
App/Online/Phone
- Postal facility for cheques
- Cash paid in at PayPoint (£1 fee)
Product Features
- Automatically put money aside for tax
- Connect accounting tools
- Auto-export transactions, invoices and statements
- Virtual cards, access for 3 team members, invoicing and more
- Plus everything included in our Lite Account
Eligibility Criteria
- Only sole traders or limited company directors in the UK can apply.
- Monzo Business Pro is £9/month. Ts&Cs apply.
Monzo Business Pro customers get the cloud accounting platform for 6 months free, up to £354 value.
*Your first month of Pro or Team is free, after that Pro is £9/month and Team starts from £25/month. Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
*Your first month of Pro or Team is free, after that Pro is £9/month and Team starts from £25/month. Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
-
Monthly Fee
£125 -
Card Purchases
Free -
Bank Transfers
1,000 free per month- 1000 free local transfers per month, then 20p thereafter
- International transfers: £5
-
Overdraft
-
Access
App/OnlineNo cash or cheque facilities
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
£125
Free
1,000 free per month
- 1000 free local transfers per month, then 20p thereafter
- International transfers: £5
App/Online
No cash or cheque facilities
Product Features
- Multi-currency accounts – receive payments and exchange in 25+ currencies
- Control and monitor team spending with multiple debit and virtual cards, manage permissions and levels of access and more
- Various payment facilities including Tap to Pay on iPhone (fees apply)
- Earn annual interest daily with a linked business savings account
- 2 complimentary metal cards
Eligibility Criteria
- Available for limited companies, PLCs, LLPs, Partnerships & unlimited companies
- Currently available for companies registered in and with a physical presence within the European Economic Area (EEA), Switzerland, UK and US
Revolut is not a fully licensed bank in the UK. Your money is held in a safeguarded account with a regulated bank or high quality liquid assets. Your savings are deposited with partner banks and eligible deposits are protected up to £85k per bank.
-
Monthly Fee
FreeNo monthly fee for first 3 months, then £9 thereafter -
Card Purchases
Free -
Bank Transfers
30p -
Overdraft
-
Access
AppNo cheque facilities
Cash paid in via Post Office (0.5% fee – £2 minimum) and PayPoint (3% fee)
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free
No monthly fee for first 3 months, then £9 thereafter
Free
30p
App
No cheque facilities
Cash paid in via Post Office (0.5% fee – £2 minimum) and PayPoint (3% fee)
Cash paid in via Post Office (0.5% fee – £2 minimum) and PayPoint (3% fee)
Product Features
- Monthly subscription fees that go up and down in line with your business performance
- Rated ‘Excellent’ based on over 2,000 reviews on Trustpilot
- Built-in accounting software with receipt capture and live business insights
Eligibility Criteria
- Must be a UK resident, at least 18 years old and running a small business (Sole Trader/Director of a limited company)
- If your maximum monthly deposit is exceeded, then your account will automatically upgrade to the appropriate subscription plan. You will not be able to downgrade from this plan.
- £7,500 maximum monthly deposit
Pay no subscription fees during your trial. Other transaction charges may apply.
-
Monthly Fee
£8.50*12 months free, £8.50 per month thereafter -
Card Purchases
Free -
Bank Transfers
100 electronic payments out free per month***- *UK Bank Transfers out – First 100 electronic payments out free.
- UK Bank Transfers in – Free.
-
Overdraft
Subject to status and credit checks -
Access
Full
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
£8.50*
12 months free, £8.50 per month thereafter
Free
100 electronic payments out free per month***
- *UK Bank Transfers out – First 100 electronic payments out free.
- UK Bank Transfers in – Free.
Subject to status and credit checks
Full
Product Features
- Digital banking with no account fee for 12 months*
- Free invoicing and accounting software available to business account holders. T&Cs Apply**
- Bank in whatever way suits your business – online, with our mobile app, over the phone or in branch
- Support from our UK-based relationship team
Eligibility Criteria
- To qualify for this account you need to be a sole trader, partner or company director
- You must have a turnover of less than £25m
- Must be 18 years old or over
- Must not already have a Lloyds Bank business account for this business
- Overdraft: Debit interest is charged monthly and monthly usage or annual fees will apply depending on your credit limit. Where you exceed your Overdraft limit, unauthorised interest and charges will apply
- All lending is subject to status. Security may be required. A guarantee may be required for Limited Companies and Limited Liability Partnerships
*After 12 months, there’s a monthly fee of £8.50. Some fees and transaction charges will apply as soon as the account is open. This offer only applies to the business’s first current account
**You must be registered for Online for Business or Commercial Banking Online. UK based businesses only
***100 electronic payments out free per month, 20p thereafter
**You must be registered for Online for Business or Commercial Banking Online. UK based businesses only
***100 electronic payments out free per month, 20p thereafter
Show More Products From Lloyds BankShow Fewer Products From Lloyds Bank
-
Monthly Fee
Free**Free banking means no account maintenance fee and all day-to-day, standard transactions are free on your primary current account, any additional or secondary accounts will be charged in line with the Small Business Banking Account. -
Card Purchases
FreeNon-Sterling Transaction fee – 2.99% of the
sterling amount of the transaction, minimum
£3. Cash Fee – 2.99% of the amount advanced,
minimum £3. -
Bank Transfers
Free- Direct Debits & Internal Transfers: Free
- CHAPS: £20 to another HSBC UK Group bank
account, £30 to a non-HSBC UK Group bank
account via by phone or in-branch banking.
-
Overdraft
-
Access
FullOnline, app, call, branch, Post Office®
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free*
*Free banking means no account maintenance fee and all day-to-day, standard transactions are free on your primary current account, any additional or secondary accounts will be charged in line with the Small Business Banking Account.
Free
Non-Sterling Transaction fee – 2.99% of the
sterling amount of the transaction, minimum
£3. Cash Fee – 2.99% of the amount advanced,
minimum £3.
sterling amount of the transaction, minimum
£3. Cash Fee – 2.99% of the amount advanced,
minimum £3.
Free
- Direct Debits & Internal Transfers: Free
- CHAPS: £20 to another HSBC UK Group bank
account, £30 to a non-HSBC UK Group bank
account via by phone or in-branch banking.
Full
Online, app, call, branch, Post Office®
Product Features
- Free banking for 12 months*, £8 thereafter
- Free accounting tools to stay on top of invoices, cashflow and tax.
- Business borrowing solutions to suit you. T&Cs an fees apply.
- A full list of prices and charges applicable can be found in HSBC UK’s Business Price List at business.hsbc.uk/legal
Eligibility Criteria
- Sole traders, limited companies, unlimited companies, partnerships, limited liability partnerships and non-charitable clubs/associations/societies can all apply
- Must be a tax resident in the UK but not the Channel Islands or the Isle of Man
- The HSBC UK Small Business Banking Account is for small businesses with a maximum turnover of £6.5million
*Free banking means no account maintenance fee and all day-to-day, standard transactions are free on your primary current account, any additional or secondary accounts will be charged in line with the Small Business Banking Account.
Show More Products From HSBC SmallShow Fewer Products From HSBC Small
-
Monthly Fee
Contact Revolut -
Card Purchases
Free -
Bank Transfers
Contact Revolut -
Overdraft
-
Access
App/OnlineNo cash or cheque facilities
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Contact Revolut
Free
Contact Revolut
App/Online
No cash or cheque facilities
Product Features
- Multi-currency accounts – receive payments and exchange in 25+ currencies
- Control and monitor team spending with multiple debit and virtual cards, manage permissions and levels of access and more
- Various payment facilities including Tap to Pay on iPhone (fees apply)
- Earn annual interest daily with a linked business savings account
- Tailored for larger businesses
Eligibility Criteria
- Available for limited companies, PLCs, LLPs, Partnerships & unlimited companies
- Currently available for companies registered in and with a physical presence within the European Economic Area (EEA), Switzerland, UK and US
Revolut is not a fully licensed bank in the UK. Your money is held in a safeguarded account with a regulated bank or high quality liquid assets. Your savings are deposited with partner banks and eligible deposits are protected up to £85k per bank.
-
Monthly Fee
Custom**contact sales for custom pricing -
Card Purchases
Free -
Bank Transfers
FreeSWIFT payments vary £10-£20 -
Overdraft
-
Access
App/Online
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Custom*
*contact sales for custom pricing
Free
Free
SWIFT payments vary £10-£20
App/Online
Product Features
- High-volume businesses
- Custom API implementations
- Embedded finance integrations to launch your own financial products
- Dedicated account management support
Eligibility Criteria
- You must be at least 18 years old
- Be a sole trader, partner in a partnership, or company
- Your business is registered in the UK. More markets are available with different Airwallex entities. Details can be found on the Airwallex website.
*10% cashback on your first $1,000 USD equivalent in eligible international card spend.
-
Monthly Fee
Free*£19 p/month or £0 p/month if you deposit at least £10,000 per month or hold a minimum balance of £10,000. -
Card Purchases
Free -
Bank Transfers
FreeSWIFT payments vary £10-£20 -
Overdraft
-
Access
App/Online
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free*
£19 p/month or £0 p/month if you deposit at least £10,000 per month or hold a minimum balance of £10,000.
Free
Free
SWIFT payments vary £10-£20
App/Online
Product Features
- Open multiple accounts per entity. Collect and hold in 20+ currencies
- Expense management for cards and reimbursements
- Free local transfers to 120+ countries and domestic transfers. Access to interbank FX rates and batch transfers
- Multi-currency and employee cards with zero international fees
- Includes 5 free employee card users and up to 10 company cards
- Online card and local payment method acceptance globally
- Bank feeds sync with Xero. ApprovalMax, WorkflowMax by BlueRock Integrations
Eligibility Criteria
- You must be at least 18 years old
- Be a sole trader, partner in a partnership, or company
- Your business is registered in the UK. More markets are available with different Airwallex entities. Details can be found on the Airwallex website.
*10% cashback on your first $1,000 USD equivalent in eligible international card spend.
Show More Products From AirwallexShow Fewer Products From Airwallex
-
Monthly Fee
Free*No monthly account fee for the first 12 months, for new customers, then £8.50 per month. T&Cs apply. -
Card Purchases
FreeCharges for some bank transfers and card payments apply. -
Bank Transfers
FreeCharges for some bank transfers and card payments apply. -
Overdraft
-
Access
App/Online/Branch
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free*
No monthly account fee for the first 12 months, for new customers, then £8.50 per month. T&Cs apply.
Free
Charges for some bank transfers and card payments apply.
Free
Charges for some bank transfers and card payments apply.
App/Online/Branch
Product Features
- No monthly account fee* plus access to discounted services via key partners to help you set up and run your business effectively, worth over £5,000**
- A UK-based team of business managers to help you manage and grow your business
- Simple and secure online banking with group payments and cash collection booking tools
Eligibility Criteria
- Businesses with existing Barclays business current accounts aren’t eligible for this offer. After 12 months, you’ll pay £8.50 per month. Fees and charges will apply in line with the business account tariff which may be subject to change.
- Your turnover must be between £400,000 and £6.5 million per year
- Must be over 18, a UK resident and a sole trader or the director of a limited company
- Overdrafts are subject to application, financial circumstances and borrowing history.
*Businesses with existing Barclays business current accounts aren’t eligible for this offer. After 12 months, you’ll pay £8.50 per month. Fees and charges will apply in line with the business account tariff which may be subject to change.
**Terms and conditions apply per partner, see partner website for details
**Terms and conditions apply per partner, see partner website for details
-
Monthly Fee
FreeNo monthly fee for first 3 months, £3 per month thereafter -
Card Purchases
Free -
Bank Transfers
30p -
Overdraft
-
Access
AppNo cheque facilities.
Cash paid in via Post Office (0.5% fee – £2 minimum) and PayPoint (3% fee)
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free
No monthly fee for first 3 months, £3 per month thereafter
Free
30p
App
No cheque facilities.
Cash paid in via Post Office (0.5% fee – £2 minimum) and PayPoint (3% fee)
Cash paid in via Post Office (0.5% fee – £2 minimum) and PayPoint (3% fee)
Product Features
- Monthly subscription fees that go up and down in line with your business performance
- Rated ‘Excellent’ based on over 2,000 reviews on Trustpilot
- Built-in accounting software with receipt capture and live business insights
Eligibility Criteria
- Available to sole traders and limited companies
- You must be 18+ and a UK resident
- £750 maximum monthly deposit
Pay no subscription fees during your trial. Other transaction charges may apply.
Show More Products From Counting UpShow Fewer Products From Counting Up
-
Monthly Fee
FreeFree for 12 months, £5 per month thereafter -
Card Purchases
Free -
Bank Transfers
FreeFees apply for cash, CHAPS, SWIFT and SEPA transactions. -
Overdraft
-
Access
App/Online
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free
Free for 12 months, £5 per month thereafter
Free
Free
Fees apply for cash, CHAPS, SWIFT and SEPA transactions.
App/Online
Product Features
- 2.50% AER variable (2.47% gross p.a.) for balances up to and including £25,000, and 0.25% AER variable on balances above £25,000 (0.25% gross p.a.).
- Make international payments in up to seven major currencies, with option to open EUR or USD accounts.
- Customise workflows for account management and transaction approvals requiring more than one account user to sign-off.
- Bulk payment processing.
- Online application for businesses with up to 10 directors.
Eligibility Criteria
- Must be a sole trader, partnership, limited liability partnership (LLP) or limited company (LTD)
- Must be registered and eligible to pay tax in the UK
- Have a maximum of 10 directors
*The £5 monthly fee is waived for 12 months for new Business Current Account openings. The offer is available for a limited time only. Cynergy Bank reserves the right to withdraw the offer at any time. T&Cs apply.
Show More Products From Cynergy BankShow Fewer Products From Cynergy Bank
-
Monthly Fee
Free -
Card Purchases
Free -
Bank Transfers
FreeDirect Debits, BACS, Faster Payments: Free
CHAPS: £25 via phone; £15 via online banking -
Overdraft
-
Access
Full
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free
Free
Free
Direct Debits, BACS, Faster Payments: Free
CHAPS: £25 via phone; £15 via online banking
CHAPS: £25 via phone; £15 via online banking
Full
Product Features
- Ideal for start ups and growing businesses who bank digitally
- Free everyday digital business banking. No monthly fee. No charges for all automated credits, cash withdrawals and debit card purchases
- Integrate your accountancy software like Xero, Sage or Quickbooks within your online banking
- Online and in-person banking including mobile, instant secure messaging, UK based contact centre, and in branch
- Most receive their account details within three days
- Co-operative Bank business customers get free, unlimited access to the Go Get Paid app – the fast, simple and secure way to get paid
- Customers can also access selected Clover payment terminals for £1 a month for their first 12 months (fees apply).
Eligibility Criteria
- Must be a UK resident with a business address in the UK
- Must be 18 or over
Charges apply for cash and cheque transactions and other special services e.g. foreign and CHAPS payments. You can deposit cash in branch and in the Post Office for £1.50 per cheque or £1.50 per £100 of cash deposited.
An overdraft arrangement fee applies and where security is required, additional security fees may apply.
Application subject to status (including credit checks and an assessment of your financial circumstances), eligibility and T&Cs.
An overdraft arrangement fee applies and where security is required, additional security fees may apply.
Application subject to status (including credit checks and an assessment of your financial circumstances), eligibility and T&Cs.
Show More Products From The Co-operative BankShow Fewer Products From The Co-operative Bank
-
Monthly Fee
£10 -
Card Purchases
Free -
Bank Transfers
10 free per month- 10 free local transfers per month, then 20p thereafter
- International transfers: £5
-
Overdraft
-
Access
App/OnlineNo cash or cheque facilities
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
£10
Free
10 free per month
- 10 free local transfers per month, then 20p thereafter
- International transfers: £5
App/Online
No cash or cheque facilities
Product Features
- Multi-currency accounts – receive payments and exchange in 25+ currencies
- Control and monitor team spending with multiple debit and virtual cards, manage permissions and levels of access and more
- Various payment facilities including Tap to Pay on iPhone (fees apply)
- International payments – Send and receive money from 150+ countries
Eligibility Criteria
- Available for limited companies, PLCs, LLPs, Partnerships & unlimited companies
- Currently available for companies registered in and with a physical presence within the European Economic Area (EEA), Switzerland, UK and US
Revolut is not a fully licensed bank in the UK. Your money is held in a safeguarded account with a regulated bank or high quality liquid assets. Your savings are deposited with partner banks and eligible deposits are protected up to £85k per bank.
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Monthly Fee
Free*No monthly account fee for the first 12 months, for new customers, then £8.50 per month. T&Cs apply. -
Card Purchases
FreeCharges for some bank transfers and card payments apply. -
Bank Transfers
FreeCharges for some bank transfers and card payments apply. -
Overdraft
-
Access
App/Online/Branch
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free*
No monthly account fee for the first 12 months, for new customers, then £8.50 per month. T&Cs apply.
Free
Charges for some bank transfers and card payments apply.
Free
Charges for some bank transfers and card payments apply.
App/Online/Branch
Product Features
- No monthly account fee* plus access to discounted services via key partners to help you set up and run your business effectively, worth over £5,000**
- A UK-based team of business managers to help you manage and grow your business
- Simple and secure online banking with group payments and cash collection booking tools
Eligibility Criteria
- Businesses with existing Barclays business current accounts aren’t eligible for this offer. After 12 months, you’ll pay £8.50 per month. Fees and charges will apply in line with the business account tariff which may be subject to change.
- Must be over 18, a UK resident and a sole trader or the director of a limited company
- Overdrafts are subject to application, financial circumstances and borrowing history.
*Businesses with existing Barclays business current accounts aren’t eligible for this offer. After 12 months, you’ll pay £8.50 per month. Fees and charges will apply in line with the business account tariff which may be subject to change.
**Terms and conditions apply per partner, see partner website for details
**Terms and conditions apply per partner, see partner website for details
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-
Monthly Fee
FreeNo monthly fee for first 3 months, then £18 thereafter -
Card Purchases
Free -
Bank Transfers
30p -
Overdraft
-
Access
AppNo cheque facilities
Cash paid in via Post Office (0.5% fee – £2 minimum) and PayPoint (3% fee)
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
Free
No monthly fee for first 3 months, then £18 thereafter
Free
30p
App
No cheque facilities
Cash paid in via Post Office (0.5% fee – £2 minimum) and PayPoint (3% fee)
Cash paid in via Post Office (0.5% fee – £2 minimum) and PayPoint (3% fee)
Product Features
- Monthly subscription fees that go up and down in line with your business performance
- Rated ‘Excellent’ based on over 2,000 reviews on Trustpilot
- Built-in accounting software with receipt capture and live business insights
Eligibility Criteria
- Available to sole traders and limited companies
- You must be 18+ and a UK resident
- Unlimited monthly deposits
Pay no subscription fees during your trial. Other transaction charges may apply.
-
Monthly Fee
£15 -
Card Purchases
Free -
Bank Transfers
20 free per month20 free per month, then 20p per transfer -
Overdraft
-
Access
App/Online- No cheque facilities
- Cash deposits via Post Office (0.5% fee, minimum £2.50) and PayPoint (3% fee)
Monthly Fee
Card Purchases
Bank Transfers
Overdraft
Access
£15
Free
20 free per month
20 free per month, then 20p per transfer
App/Online
- No cheque facilities
- Cash deposits via Post Office (0.5% fee, minimum £2.50) and PayPoint (3% fee)
Product Features
- Create and send invoices for free
- Multi-business – hold up to 5 business accounts
- 1 free expense card included
Eligibility Criteria
- For registered business account: you must be registered with UK Companies House as a director of that company or partnership
- For sole trader account: you must be a UK based sole trader/freelancer
- For all accounts: you must be aged 18+, have a valid UK phone number and address, and hold compatible device registered to a UK App or Google Play store
*Complete the application and spend £500 within 60 days of opening your account to receive a £150 cashback from TIDE. Enter code 150BOOST when you sign up. T&C apply.
Types of business bank accounts available
How to compare business bank accounts…
Step One
Understand your requirements
How you do business will effect the type of account you need. How many transactions will you have each month? Do you need to pay in cash? Do you need a local branch?
Step Two
Check eligibility
Most providers have a range of business accounts to suit different types of businesses. Check the eligibility of each account to make sure if suited to your business.
Step Three
Compare the latest deals and offers
There are numerous offers and deals to attract new customers which can be compared with our handy tool above. Always consider the cost of the account once the free period ends
About This Information
Our articles, guides & reviews are provided as generic information only. Any expressed view, product or service mentioned within these does not constitute as financial advice or recommendation by us.
Be mindful that information may have changed since publication.