Business Bank Accounts
Compare business bank accounts to help you run your finances
Compare Business Bank Accounts
When it comes to managing your business finances, having the right bank account is crucial. But with so many options available, how do you choose the best one? That’s where we come in. We’re here to help you compare business bank accounts and find the perfect fit for your business.
What is a Business Bank Account?
A business bank account is similar to a personal bank account, but it’s designed for business transactions. Whether you’re a sole trader, part of a partnership, or running a company, a business bank account can help manage your finances effectively.
How to Compare Business Bank Accounts
When comparing business bank accounts, consider the following factors:
Fees
Some banks may charge you a fee for having a business current account with them. There are also providers who offer a free banking period which can vary from 12 months to 30 months.
Accounting Software Integration
Some business bank accounts offer integration with accounting software, simplifying your financial management.
International PaymentsÂ
If your business operates internationally, having a bank account that supports international payments is crucial.
Free Business Bank Accounts
We’ve highlighted a selection of business bank accounts that can be operated with no monthly fee. Each can be set up quickly and offer an easy app-based operation.
Zempler Bank
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Monthly fee: £0
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Trustpilot rating: 3.8* out of 3,692 reviews
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Manage via app and online
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Fast application
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All major accounting integrations
The bank account that helps you get your business off the ground –Â Apply in minutes and pay no monthly fee
We’ve teamed up with Zempler Bank to give you access to their business bank account . Over 650,000 businesses have already chosen Zempler.
Is Zempler Bank right for you?
Zempler Bank is for sole traders and those just starting up. And for small businesses with growth on their minds and less time than they’d like.
Zempler Bank business account comes with:
- Fast sign up – apply in minutes online and start taking payments
- No monthly fee
- FSCS protection up to 85,000
- 24/7 fraud monitoring, plus instant card freeze if you lose your card or something doesn’t look right. Unfreeze it just as easily at any time
- Easy in-app and online banking
- UK telephone customer service support
- Pay in cash at any of the UK’s 11,500 Post Offices
- Cashflow tracking tools like spending insights and set aside pots
- Integrated accounting tool that connects directly to your chosen accounting software
Tide
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Monthly fee: £0 - £49.99
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Trustpilot rating: 4.3* out of 18,129 reviews
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Manage via app and online
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Fast application
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All major accounting integrations
Tide is a UK-based financial technology company that provides mobile-first banking services for small businesses. It’s not a bank, but a financial platform authorised by the Financial Conduct Authority. When customers get a bank account with Tide, it’s actually provided by ClearBank which has a full UK banking licence.Â
Starling
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Monthly fee: £0
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Trustpilot rating: 4.4* out of 38,258 reviews
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Manage via app and online
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Fast application
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All major accounting integrations
Starling Bank is a UK-based digital bank providing personal and business accounts. Founded in 2014 it’s fully licensed and regulated. Starling offers a mobile-first banking experience with features like instant notifications, no fees overseas, and spending insights.
Compare Business Bank Accounts UK
We’ve highlighted a selection of High Street business bank accounts and talk through some of the features and benefits.
NatWest Business Account
– No monthly account fee for start-ups for 24 months.
– Access to business management experts.
– Offers a 24/7 online current account with a fast application and easy account management.
– Provides accounting integrations with Xero, Quickbooks & Sage.
Lloyds Business Account
– Free everyday banking for start-ups for 12 months.
– Access to online and mobile banking.
– Offers a range of related financial products including savings accounts, business loans, and insurance.
– Provides expert resources and support to grow your business skills.
Barclays Business Account
– Offers free everyday banking for start-ups for 12 months.
– Provides access to online and mobile banking.
– Offers a wide range of related financial products.
– Provides expert resources and support to grow your business skills.
Santander Business Account
– Offers free everyday banking for start-ups for 18 months.
– Provides access to online and mobile banking.
– Offers a wide range of related financial products.
– Provides expert resources and support to grow your business skills.
Please note that the features and offers can vary, and it’s always best to check with the bank for the most up-to-date information. Information correct as at 11/12/2023.