Compare Bank Accounts
for your business today

Our Best Business Bank Accounts

45 Products Compared

 
Earn 10% cashback on your first $1,000 USD of international transactions with Airwallex*

Airwallex Explore Business Account

  • 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.
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    SWIFT payments vary £10-£20
  • Overdraft
  • Interest
    None
Great For
  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider
  • Deposit £10,000 p/month or hold £10,000 to be free, if not £19 p/month
  • An e-money product with no branch access
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.
 
Earn 10% cashback on your first $1,000 USD of international transactions with Airwallex*

Airwallex Custom Business Account

  • Monthly Fee
    Free
    *contact sales for custom pricing
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    SWIFT payments vary £10-£20
  • Overdraft
  • Interest
    None
Great For
  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider
  • If operating in the UK you won’t need a multi-currency account
  • An e-money product with no branch access
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.
 
Earn 10% cashback on your first $1,000 USD of international transactions with Airwallex*

Airwallex Accelerate Business Account

  • Monthly Fee
    £999
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    SWIFT payments vary £10-£20
  • Overdraft
  • Interest
    None
Great For
  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider
  • If operating in the UK you won’t need a multi-currency account
  • An e-money product with no branch access
Product Features
  • Consolidated Finances across global entities
  • Single sign-on (coming soon)
  • Netsuite integration including expenses and bills sync
  • HRIS platform integrations (coming soon)
  • Dedicated account manager and onboarding 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.
 
Earn 10% cashback on your first $1,000 USD of international transactions with Airwallex*

Airwallex Grow Business Account

  • Monthly Fee
    £49*
    *One month free trial
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    SWIFT payments vary £10-£20
  • Overdraft
  • Interest
    None
Great For
  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider
  • If operating in the UK you won’t need a multi-currency account
  • An e-money product with no branch access
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.
 
Get £200 Cashback with a Tide business bank account and savings account*

Tide Business Bank Account & Savings Account

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free for one year*
    Free bank transfers for one year, 20p thereafter
  • Overdraft
  • Interest
    4.07% AER
Great For
  • Apply online in minutes with no credit checks or paperwork needed
  • This account comes with no monthly maintenance fees
To Consider
  • 20p per bank transfer
  • Single director access only
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

Equals Money Business Current Account

  • Monthly Fee
    £25*
    *£25 per month or £250 per year
  • Free Banking Duration
    None
  • Bank Transfers
    Free
  • Overdraft
  • Interest
    None
Great For
  • Clearly define business transactions, simplifying tax preparation and streamlining day-to-day spending
  • Make international payments and receive funds in 38 currencies
To Consider
Product Features
  • Use up to 20 physical cards
  • Unlimited users, no monthly fees
  • £10 per physical card – one-off fee but free virtual cards
  • Free to use in 20 major currencies
Eligibility Criteria
  • Available to Limited Companies, Sole Traders and Partnerships
  • You must be 18+ and a UK resident.

Equals Money Multi-Currency Accounts

  • Monthly Fee
    £25*
    *£25 per month or £250 per year
  • Free Banking Duration
    None
  • Bank Transfers
    Free
  • Overdraft
  • Interest
    None
Product Features
  • Dedicated account management and compliance resource will support you through onboarding
  • 38 different currencies
  • Multi currency IBAN
  • Faster settlements
Eligibility Criteria
  • Available to Limited Companies, Sole Traders and Partnerships
  • You must be 18+ and a UK resident.

Equals Money Start Up Business Account

  • Monthly Fee
    £25*
    £25 per month or £250 per year
  • Free Banking Duration
    None
  • Bank Transfers
    Free
  • Overdraft
  • Interest
    None
Product Features
  • Budgeting tools
  • Manage multiple currencies
  • Make tax preparation easy
Eligibility Criteria
  • Available to Limited Companies, Sole Traders and Partnerships
  • You must be 18+ and a UK resident.
 
Free banking for 12 months*

HSBC UK Small Business Banking Account

  • Monthly Fee
    £8.00
    *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 Banking Duration
    12 months
  • 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
  • Interest
    1.94%
    Instant Access Savings Rate Up To £100k
Great For
  • Free banking for 12 months*, £8 thereafter
  • Comprehensive features: A full range of business banking services.
To Consider
  • Free banking means no account maintenance fee and all day -to -day standard transactions are free on your primary business current account. Any additional or secondary accounts will be charged in line with the Business Price List.
  • **You must be an existing HSBC Business Banking customer to access free accounting tools through My Business Finance. This is not available for HSBC Kinetic Customers. T&C’s Apply.
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.
 
Get your first month of Pro or Team completely free*

Monzo Business Team

  • Monthly Fee
    £25
  • Free Banking Duration
    None
  • Bank Transfers
    Free
  • Overdraft
  • Interest
    None
Great For
  • 91% of business accounts are opened the same day.
  • Fully regulated UK bank.
To Consider
  • Online account management only, no phone or branch access.
  • Not currently available for charities or partnerships.
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.
 
Earn 10% cashback on your first $1,000 USD of international transactions with Airwallex*

Airwallex Grow Business Account

  • Monthly Fee
    £49*
    *One month free trial
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    SWIFT payments vary £10-£20
  • Overdraft
  • Interest
    None
Great For
  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider
  • If operating in the UK you won’t need a multi-currency account
  • An e-money product with no branch access
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.
 
Earn 10% cashback on your first $1,000 USD of international transactions with Airwallex*

Airwallex Accelerate Business Account

  • Monthly Fee
    £999
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    SWIFT payments vary £10-£20
  • Overdraft
  • Interest
    None
Great For
  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider
  • If operating in the UK you won’t need a multi-currency account
  • An e-money product with no branch access
Product Features
  • Consolidated Finances across global entities
  • Single sign-on (coming soon)
  • Netsuite integration including expenses and bills sync
  • HRIS platform integrations (coming soon)
  • Dedicated account manager and onboarding 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.
 
Earn 10% cashback on your first $1,000 USD of international transactions with Airwallex*

Airwallex Custom Business Account

  • Monthly Fee
    Free
    *contact sales for custom pricing
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    SWIFT payments vary £10-£20
  • Overdraft
  • Interest
    None
Great For
  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider
  • If operating in the UK you won’t need a multi-currency account
  • An e-money product with no branch access
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.
 
Earn 10% cashback on your first $1,000 USD of international transactions with Airwallex*

Airwallex Explore Business Account

  • 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.
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    SWIFT payments vary £10-£20
  • Overdraft
  • Interest
    None
Great For
  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider
  • Deposit £10,000 p/month or hold £10,000 to be free, if not £19 p/month
  • An e-money product with no branch access
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.

Anna Money Pay-As-You-Go Account CF

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    From 20p

    • Domestic: 20p per bank transfer

    • International: £5 per SWIFT transaction (+1% currency conversion fee)

    • Free direct debits

  • Overdraft
  • Interest
    None
Product Features
  • 1 debit card included (£3 per extra card) – 1% cashback on selected categories
  • Personal payment link for accepting payments online (1% commission)
  • Instant invoice generator and savings pots facility (fees apply)
  • Landlords / property investors get a free 12 month subscription to the National Residential Landlords Association (NRLA)
  • FastTrack to Credit – Boost your credit score and get access to credit after 3 months activity
Eligibility Criteria
  • Must be a Sole Trader, Director of a Limited Company (and listed on Companies House), or a Partner in a Limited Liability Partnership
  • Business must be located within the UK and you also need to have a UK residential address
  • Not available to charities
Edit your registered office address, add directors or shareholders, SIC code update (company name change fees apply)

Tide Business Bank Account CF

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    20p
  • Overdraft
  • Interest
    4.07% AER
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
At Tide, you can choose to add-on a Virtual Office Address when you register your limited company – keep your home address private and use a registered address based in central London.
 
Free Invoicing & Accounting Software. T&Cs Apply**

Lloyds Bank Business Account For Start Ups

  • Monthly Fee
    £8.50
    12 months free, £8.50 per month thereafter
  • Free Banking Duration
    12 months
  • 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
  • Interest
    1.00% AER
    Tiered rates apply. 1.00% AER <£500,000
Great For
  • Full access; online, via the app, phone, or at a branch.
  • No monthly fee for 12 months if its your first Lloyds Business Account.
To Consider
  • £8.50 monthly fee after 12 months. Some transaction fees still apply.
  • You must have a turnover of less than £25m.
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
 
Business expense and corporate financial management account

Wallester Business Account

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    n/a
  • Overdraft
  • Interest
    Free
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
 
Get Your First 12 Months Free*

Barclays Start-up Business Bank Account

  • Monthly Fee
    £8.50
    No monthly account fee for the first 12 months, for new customers, then £8.50 per month. T&Cs apply.
  • Free Banking Duration
    12 months
  • Bank Transfers
    Free
    Charges for some bank transfers and card payments apply.
  • Overdraft
  • Interest
    1.41% AER
    Tiered rates apply. 1.41% AER <£1m
Great For
  • Free digital banking and no monthly account fee for the first 12 months*
  • Access to discounted services via key partners, worth over £5,000**
To Consider
  • After 12 months, the monthly account fee is £8.50 per month*
  • **T&Cs apply to each partner service, see partner website for details.
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
 
Get Your First 12 Months Free*

Barclays Business Bank Account (£400k-£6.5m turnover)

  • Monthly Fee
    £8.50
    No monthly account fee for the first 12 months, for new customers, then £8.50 per month. T&Cs apply.
  • Free Banking Duration
    12 months
  • Bank Transfers
    Free
    Charges for some bank transfers and card payments apply.
  • Overdraft
  • Interest
    1.41% AER
    Tiered rates apply. 1.41% AER <£1m
Great For
  • Free digital banking and no monthly account fee for the first 12 months*
  • Access to discounted services via key partners, worth over £5,000**
To Consider
  • After 12 months, the monthly account fee is £8.50 per month*
  • **T&Cs apply to each partner service, see partner website for details.
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
 
Get £20 with Revolut Pro*

Revolut Pro Freelancer Account

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
  • Overdraft
  • Interest
    None
Great For
  • Designed specifically for freelancers, sole traders and contractors
  • Get a Revolut Pro debit card and earn cashback on your spend
To Consider
  • No cash or cheque facilities
  • An e-money product with no branch access
Product Features
  • Get a Revolut Pro debit card for your freelance expenses and earn cashback on your spend
  • Use your Pro card for business expenses to earn up to 1.2% cashback every time you spend
  • Start selling online or in-person or let your customers pick their preference
Eligibility Criteria
  • Designed for freelancers, sole traders and contractors
  • You must be self-employed (not a company)
  • You must have a Revolut Personal account
Revolut is not a fully licensed bank in the UK. Instead, your funds are held in a safeguarded account with a regulated bank or high quality liquid assets. Your savings are deposited with partner banks and protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 for eligible businesses.
*Make at least one genuine card transaction of at least £5 or equivalent from your Pro account in the first 30 days of you opening your Revolut Pro account.

The Co-operative Business Bank Account

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    Direct Debits, BACS, Faster Payments: Free

    CHAPS: £25 via phone; £15 via online banking
  • Overdraft
  • Interest
    1.62% AER
Great For
  • Full access including in branch
  • No charges for cash withdrawals and debit card purchases
To Consider
  • Charges apply for cash and cheque transactions
  • Designed for Sole Traders & Single Directors businesses only
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.

Airwallex Business Account

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    SWIFT payments vary £10-£20
  • Overdraft
  • Interest
    None
Great For
  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider
  • If operating in the UK you won’t need a multi-currency account
  • An e-money product with no branch access
Product Features
  • Open domestic and foreign currency accounts with local bank details around the world with no monthly fees within minutes.
  • Make international transfers to 150+ countries – save up to 80% on FX fees, app. 70% of funds arrive within a few hours / same day
  • Accept payments worldwide via 160+ payment methods – no coding required
  • Issue multi currency corporate cards
  • Integrates with platforms like Xero, Amazon, Shopify, WooCommerce & more
  • Automate your domestic and international bill pay workflows
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.
 
Get up to 4.33% AER* (variable) on savings & up to 1.5% cashback. T&Cs apply.

Allica Bank Business Current Account

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    Fees apply CHAPS, SWIFT and SEPA transactions.
  • Overdraft
  • Interest
    4.33% AER
Great For
  • Access to competitive savings interest rates
  • Earn up to 1.5% cashback on eligible card spending
To Consider
  • Businesses must be trading for at least 6 months
  • Must have a min balance of £50k or have an Allica loan product
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.
 
12 months fee free and interest earned on every penny – up to 2.5% AER variable*

Cynergy Bank Business Current Account

  • Monthly Fee
    Free
    Free for 12 months, £5 per month thereafter
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    Fees apply for cash, CHAPS, SWIFT and SEPA transactions.
  • Overdraft
  • Interest
    2.50% AER
Great For
  • Earn 2.50% AER (variable) on your account balance up to £25,000
  • Apply in minutes
To Consider
  • £5 per month after the 12 month free period
  • Fees apply for cash, CHAPS, SWIFT and SEPA transactions
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.

Revolut Enterprise Business Account

  • Monthly Fee
    Contact Revolut
  • Free Banking Duration
    None
  • Bank Transfers
    Contact Revolut
  • Overdraft
  • Interest
    3.00% AER
Great For
  • Tailored for large businesses – customise to suit your needs
  • Full account management and 24/7 support
To Consider
  • No cash or cheque facilities
  • An e-money product with no branch access
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.

Revolut Scale Business Account

  • Monthly Fee
    £125
  • Free Banking Duration
    None
  • Bank Transfers
    1,000 free per month

    • 1000 free local transfers per month, then 20p thereafter

    • International transfers: £5

  • Overdraft
  • Interest
    2.50% AER
Great For
  • 1,000 free bank transfers – £0.20 fee applies thereafter
  • 25 free international transfers – £5 fee applies thereafter
To Consider
  • No cash or cheque facilities
  • An e-money product with no branch access
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.

Revolut Grow Business Account

  • Monthly Fee
    £35
  • Free Banking Duration
    None
  • Bank Transfers
    100 free per month

    • 100 free local transfers per month, then 20p thereafter

    • International transfers: £5

  • Overdraft
  • Interest
    2.00% AER
Great For
  • 100 free bank transfers – £0.20 fee applies thereafter
  • 5 free international transfers – £5 fee applies thereafter 5 free
To Consider
  • No cash or cheque facilities
  • An e-money product with no branch access
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.
 
Fast sign up – apply in minutes online & UK telephone customer support

Zempler Bank Business Account

  • Monthly Fee
    £9 per month
  • Free Banking Duration
    None
  • Bank Transfers
    20 free per month


    20 per month free, 35p after


  • Overdraft
  • Interest
    None
Product Features
  • 24/7 app and online account facilities
  • Centralised management for up to 20 business expense cards (£5.95 issue fee per card)
  • UK-based customer services team
Eligibility Criteria
  • Available to UK registered companies or UK-based sole traders
  • Application made by UK Director
  • UK Director 18 years old plus
 
Make and Receive International Payments

Card One Money Business Account

  • Monthly Fee
    £12.50
    Plus one-off £55 application fee
  • Free Banking Duration
    None
  • Bank Transfers
    From 30p

    • Direct Debits: 30p

    • Faster Payments (next day online): 30p

    • Faster Payments (instant online): £7.50

    • CHAPS: £30

  • Overdraft
  • Interest
    None
Great For
  • Complete your application online in less than 10 minutes
  • No credit checks, just confirmation of identity & residency
To Consider
  • £55 one off application fee, then £12.50 p/month
  • Faster payment bank transfers are £7.50 each
Product Features
  • No credit checks or signatures required
  • Up to 4 additional cards for business use
  • UK-based customer support.
  • International payments in a range of currencies
Eligibility Criteria
  • Available to Limited Companies, Sole Traders and Partnerships
  • Your business must be registered in the UK and have an annual turnover of less than £2m
  • You must be 18+ and a UK resident. Card One Money need to be able to verify your identity & residency.
  • Card One Money is not covered by the Financial Services Compensation Scheme. See product FAQs for more info
Open an account on the same day you apply with no credit checks.
 
Get Your First 12 Months Free*

Barclays Business Bank Account (up to £400k turnover)

  • Monthly Fee
    £8.50
    No monthly account fee for the first 12 months, for new customers, then £8.50 per month. T&Cs apply.
  • Free Banking Duration
    12 months
  • Bank Transfers
    Free
    Charges for some bank transfers and card payments apply
  • Overdraft
  • Interest
    1.41% AER
    Tiered rates apply. 1.41% AER <£1m
Great For
  • Free digital banking and no monthly account fee for the first 12 months*
  • Access to discounted services via key partners, worth over £5,000**
To Consider
  • After 12 months, the monthly account fee is £8.50 per month*
  • **T&Cs apply to each partner service, see partner website for details.
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
 
Get your first month of Pro or Team completely free*

Monzo Business Pro

  • Monthly Fee
    £9
  • Free Banking Duration
    None
  • Bank Transfers
    Free
  • Overdraft
  • Interest
    None
Great For
  • 91% of business accounts are opened the same day.
  • Fully regulated UK bank.
To Consider
  • Online account management only, no phone or branch access.
  • Not currently available for charities or partnerships.
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.
 
Get your first month of Pro or Team completely free*

Monzo Business Lite

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
  • Overdraft
  • Interest
    None
Great For
  • 91% of business accounts are opened the same day.
  • Fully regulated UK bank.
To Consider
  • Online account management only, no phone or branch access.
  • Not currently available for charities or partnerships.
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.

Zempler Bank Business Bank Account

  • Monthly Fee
    Free
    Plus a one-off card issue fee of £9.95
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    3 free per month
    3 free per month, then 35p thereafter
  • Overdraft
  • Interest
    None
Great For
  • There are no credit checks to open an account
  • Accounting integrations Inc. Xero, Quickbooks & Sage
To Consider
  • A one-off £9.95 card issuing fee applies
  • ATM withdrawal fees apply in UK and abroad
Product Features
  • 24/7 app & online servicing and UK based customer service team
  • FSCS protection – up to £85,000
  • Deposit cash into any of the UK’s 11,500 Post Offices.
  • Invoicing tools that allow you to create and send invoices easily
Eligibility Criteria
  • Available to UK registered companies or UK-based sole traders
  • Application made by UK Director
  • UK Director 18 years old plus

Virgin Money Business Current Account

  • Monthly Fee
    Free
    No monthly fee for first 25 months, then £6.50 thereafter
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    No fees for first 25 months, excludes international and CHAPS payments
  • Overdraft
    Rate is negotiable.
  • Interest
    3.55% AER
Great For
  • 0.35% cashback (capped at £500 per debit card per year)
  • Mastercard discounts available at selected merchants
To Consider
  • For businesses with less than £6.5m annual turnover
  • Virgin Money offers 24/7 self-service but not 24/7 customer support
Product Features
  • Debit Card Cashback – automatically earn up to £500 per calendar year when using your Debit Card for purchases. Some exclusions apply
  • If you’re a new business or just new to Virgin Money, you could qualify for 25 months free day-to-day banking when you open or switch to this business current account
  • Digital Money Management Tools – helping you manage cash flow, budgets and invoices
Eligibility Criteria
  • Available for eligible businesses with up to £6.5m annual turnover
  • Must be based and operated in the UK (excluding Channel Islands, Isle of Man and Northern Ireland)
  • All owners, directors, senior managers and account signatories must be over 18 years old
  • For limited companies, please allow up to 72 hours from registering your business with Companies House, before starting an application
25 months’ fee free day-to-day banking
 
Free day-to-day online business banking*

Virgin Money M Account for Business

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free
    Direct debits, Faster Payments, BACS: Free | CHAPS and International payments: Fees apply
  • Overdraft
    Rate is negotiable.
  • Interest
    3.55% AER
Great For
  • Free online business banking (excluding CHAPS & international)
  • 0.25% cashback on debit card purchases. Terms apply
To Consider
  • For businesses with less than £1m annual turnover
  • Virgin Money offers 24/7 self-service but not 24/7 customer support
Product Features
  • Free day-to-day online business banking (excluding CHAPS and international payments)
  • Earn 0.25% Cashback on debit card purchases. Terms and exclusions apply
  • Manage all your business data in one place using Virgin Money’s M-Track insights platform. Link up your business to market leading tools, such as Sage, Xero, Google, Shopify and more, to track them from one simple dashboard
Eligibility Criteria
  • Available for eligible businesses with up to £1m annual turnover
  • Must be based and operated in the UK (excluding Channel Islands, Isle of Man and Northern Ireland)
  • All owners, directors, senior managers and account signatories must be over 18 years old
  • For limited companies, please allow up to 72 hours from registering your business with Companies House, before starting an application
*excluding CHAPS and international payments
 
Wide Range of Expense Managements Tools

Anna Money Big Business Account

  • Monthly Fee
    £49.90


    • £49.90 + VAT per month


    • Or £499 a year +VAT if billed annually

  • Free Banking Duration
    None
  • Bank Transfers
    From free

    • Domestic: unlimited free transfers

    • International: 4 free SWIFT payments per month, then £5 per payment

  • Overdraft
  • Interest
    None
Great For
  • Unlimited free domestic transfers and ATM withdrawals
  • Pay cash into your account commission free
To Consider
  • No joint account access
  • An e-money product with no branch access
Product Features
  • Unlimited free debit cards – 1% cashback on selected categories
  • Personal payment link for accepting payments online with no fees
  • Instant invoice generator and savings pots facility
  • Landlords / property investors get a free 12 month subscription to the National Residential Landlords Association (NRLA)
  • FastTrack to Credit – Boost your credit score and get access to credit after 3 months activity
Eligibility Criteria
  • Must be a Sole Trader, Director of a Limited Company (and listed on Companies House), or a Partner in a Limited Liability Partnership
  • Business must be located within the UK and you also need to have a UK residential address
  • Not available to charities
ANNA Business comes with invoice generator tools, HMRC recognised Tax calculator and filing. Automate your bookkeeping with ANNA.
 
Wide Range of Expense Management Tools

Anna Money Business Account

  • Monthly Fee
    £14.90

    • £14.90 + VAT per month

    • or £149 + VAT a year if billed annually

  • Free Banking Duration
    None
  • Bank Transfers
    50 free per month

    • Domestic: 50 free per month, then 20p thereafter

    • International: 1 free per month, then £5 per SWIFT transaction (+1% currency conversion fee)

    • Free direct debits

  • Overdraft
  • Interest
    None
Great For
  • Five free debit cards included
  • 50 free bank transfers – 20p fee applies thereafter
To Consider
  • No joint account access
  • An e-money product with no branch access
Product Features
  • Up to 5 debit cards included (£3 per extra card) – 1% cashback on selected categories
  • Personal payment link for accepting payments online (£200 per month free, then 1% commission fee)
  • Instant invoice generator and savings pots facility (fees apply)
  • Landlords / property investors get a free 12 month subscription to the National Residential Landlords Association (NRLA)
  • FastTrack to Credit – Boost your credit score and get access to credit after 3 months activity
Eligibility Criteria
  • Must be a Sole Trader, Director of a Limited Company (and listed on Companies House), or a Partner in a Limited Liability Partnership
  • Business must be located within the UK and you also need to have a UK residential address
  • Not available to charities
ANNA Business comes with invoice generator tools, HMRC recognised Tax calculator and filing. Automate your bookkeeping with ANNA.
 
Wide Range of Expense Managements Tools

Anna Money Pay As You Go

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    From 20p

    • Domestic: 20p per bank transfer

    • International: £5 per SWIFT transaction (+1% currency conversion fee)

    • Free direct debits

  • Overdraft
  • Interest
    None
Great For
  • You can obtain a UK business account and sort code in 3 mins with ID
  • One free debit card included (£3 per extra card)
To Consider
  • No joint account access
  • An e-money product with no branch access
Product Features
  • 1 debit card included (£3 per extra card) – 1% cashback on selected categories
  • Personal payment link for accepting payments online (1% commission)
  • Instant invoice generator and savings pots facility (fees apply)
  • Landlords / property investors get a free 12 month subscription to the National Residential Landlords Association (NRLA)
  • FastTrack to Credit – Boost your credit score and get access to credit after 3 months activity
Eligibility Criteria
  • Must be a Sole Trader, Director of a Limited Company (and listed on Companies House), or a Partner in a Limited Liability Partnership
  • Business must be located within the UK and you also need to have a UK residential address
  • Not available to charities
ANNA Business comes with invoice generator tools, HMRC recognised Tax calculator and filing. Automate your bookkeeping with ANNA.
 
Get Your First 3 Months Free + Free Accounting Software

Counting Up Business Account (Standard)

  • Monthly Fee
    Free
    No monthly fee for first 3 months, then £9 thereafter
  • Free Banking Duration
    3 months
  • Bank Transfers
    30p
  • Overdraft
  • Interest
    None
Great For
  • Free 3-month trial – test CountingUp before committing
  • Accounting software integrated with ongoing tax calculations
To Consider
  • Must pay in between £750 and £7,500 per month
  • An e-money product with no branch access
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.
 
Get Your First 3 Months Free + Free Accounting Software

Counting Up Business Account (Premium)

  • Monthly Fee
    Free
    No monthly fee for first 3 months, then £18 thereafter
  • Free Banking Duration
    3 months
  • Bank Transfers
    30p
  • Overdraft
  • Interest
    None
Great For
  • Free 3-month trial – test Counting Up before committing
  • Accounting software integrated with ongoing tax calculations
To Consider
  • Must pay in over £7,500 per month
  • An e-money product with no branch access
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.
 
Get Your First 3 Months Free + Free Accounting Software

Counting Up Business Account (Starter)

  • Monthly Fee
    £3
    No monthly fee for first 3 months, £3 per month thereafter
  • Free Banking Duration
    3 months
  • Bank Transfers
    30p
  • Overdraft
  • Interest
    None
Great For
  • Free 3-month trial – test Counting Up before committing
  • Accounting software integrated with ongoing tax calculations
To Consider
  • Must pay in under £750 per month
  • An e-money product with no branch access
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.

Revolut Basic Business Account

  • Monthly Fee
    £10
  • Free Banking Duration
    None
  • Bank Transfers
    10 free per month

    • 10 free local transfers per month, then 20p thereafter

    • International transfers: £5

  • Overdraft
  • Interest
    None
Great For
  • No monthly fee with 5 free local bank transfers per month
  • Compatible with accounting software and create invoices in app
To Consider
  • Only 5 free local transfers and no free international transfers
  • An e-money product with no branch access
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.

 
Get £150 cashback when you open a Tide business bank account*

Tide Smart Business Bank Account

  • Monthly Fee
    £15
  • Free Banking Duration
    None
  • Bank Transfers
    20 free per month
    20 free per month, then 20p per transfer
  • Overdraft
  • Interest
    4.07% AER
Great For
  • 20 free bank transfers per month and 1 free expense card
  • Apply online in minutes with no credit checks or paperwork needed
To Consider
  • £15 monthly maintenance fee applies
  • 0.5% cashback does not apply to this account
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.
 
Get £150 cashback when you open a Tide business bank account*

Tide Business Bank Account

  • Monthly Fee
    Free
  • Free Banking Duration
    Ongoing
  • Bank Transfers
    Free for one year*
    Free bank transfers for one year, 20p thereafter
  • Overdraft
  • Interest
    4.07% AER
Great For
  • Apply online in minutes with no credit checks or paperwork needed
  • This account comes with no monthly maintenance fees
To Consider
  • 20p per bank transfer
  • Single director access only
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.

Refine Your Search

Comparing Business Bank Accounts

In the fast-paced and evolving business environment of the UK, having a reliable banking partner is indispensable. But with a plethora of options available, how does one ensure that they’re getting the best deal? The answer lies in diligent comparison. Here’s a guide elaborating on the importance of comparing business bank accounts in the UK.

1. Diverse Needs, Diverse Offerings

A one-size-fits-all approach to banking seldom works. Some businesses might prioritize international transactions, while others might value integrations with accounting software. By comparing accounts, businesses can ensure they find an offering aligned to their needs.

2. Cost Efficiency

3. Optimising Features and Benefits

4. Ensuring Robust Security

Security measures can vary between banks. By comparing, businesses can ensure they partner with a bank offering state-of-the-art security features, ensuring the safety of their financial assets and data.

5. Flexibility and Scalability

As businesses grow and evolve, so do their banking needs. Comparing banks can help identify those that offer flexibility and can cater to the scaling needs of a growing enterprise.

6. Navigating the Fine Print

Banking contracts come with their set of terms and conditions. By comparing, businesses can be wary of potential hidden charges, restrictions, or unfavourable terms, ensuring they choose a transparent and trustworthy banking partner.

7. Enhancing Customer Support Experience

The quality of customer support can significantly impact a business’s banking experience. Different banks offer varied levels of support. Through comparison, businesses can opt for banks known for their responsiveness and efficient customer service.

8. Streamlining Integration and Compatibility

For businesses reliant on specific software or tools (like accounting software or payment gateways), ensuring banking compatibility is essential. By comparing, businesses can choose banks that offer seamless integrations, simplifying operations.

9. Leveraging Reviews and Feedback

Comparing bank accounts also provides an opportunity to delve into reviews and feedback from other businesses. This can offer insights into the real-world performance of banks, beyond their marketed promises.

10. Future-Proofing Financial Operations

By comparing and choosing the right bank account initially, businesses can avoid the hassle and potential complications of switching accounts later on.


Choosing a business bank account is not a decision to be made lightly. It can end up being a long-term commitment. By taking the time to compare various offerings, UK businesses can ensure they find a banking partner that aligns with their needs, offers the best value, and contributes to their overarching business objectives. In the competitive world of business, every edge counts, and a well-chosen banking partner can certainly provide one.