Compare Business Bank Accounts

  • Help your company grow by choosing the right business bank account to suit your business needs.
  • Whether you're looking for your first business bank account or want to switch from your current provider.
  • Compare the UK's top business bank accounts from the high street bank to alternative options.
Choose your business current account options
  • Cashplus - Business Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      6 months
    • Account
      Fee
      £9.95 per month thereafter
    • Overdraft
      Facility
    • iDraft credit line (subject to approval) - a re-usable line of credit linked to your Cashplus Business Account
    • Free to receive bank transfers
    • Pay in cash at the Post Office & Retail partners, with the first £1k per month free, then 0.25% fee afterwards
    • UK Call Centre, Online Banking & Mobile App
    • No credit check or interview - apply instantly online
    • Accounts typically opened within 5 minutes of application
    • Free to receive bank transfer
    • No UK ATM fees
  • ANNA - Business Current Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      36 months*
    • Account
      Fee
      From £11 per month thereafter
    • Overdraft
      Facility
    • Free invoicing service - ANNA can create your invoices and chase late/unpaid ones for you
    • Sign-up in under 10 minutes - get your sort code and account number instantly
    • 24/7 UK based customer support
    • Free to send and receive bank transfers
    • No credit checks
  • Yorkshire Bank - Start-up Business Banking

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      25 months
    • Account
      Fee
      £5 per month thereafter
    • Overdraft
      Facility
    • Direct contact - with someone who understands your type of business
    • Flexible solutions - a range of financial management solutions to choose from
    • Specialist support - tools and guidance available
    • *Offer applies to Start Ups opening first account within 12 months of beginning trading. No charges applies to cash or cheque deposits and withdrawals, Direct Debits or other automated transactions.
  • Countingup - Business Current Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      Ongoing*
    • Account
      Fee
      Free*
    • Overdraft
      Facility
    • No account fee if monthly deposits are less then £750, otherwise £2.95 per month
    • Account opened in 5 minutes from your smartphone
    • Free to send and receive bank transfers
    • Integrated bookkeeping software
    • Pay in cash at the Post Office & PayPoint (£1 for Post Office and 2.5% plus 35p for PayPoint)
    • No credit check
  • Tide - Business Current Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      None
    • Account
      Fee
      Free
    • Overdraft
      Facility
    • No monthly fees - free forever
    • Sign-up in 5 minutes - get a sort code and account number instantly
    • 100% transparent - 20p per bank transfer and £1 per ATM withdrawal
    • Tide Mastercard - get free purchases at home and abroad with the real exchange rate
    • Automate your financial admin with Tide's inbuilt tools
  • HSBC - Start-up Business Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      Up to 18 months
    • Account
      Fee
      From £5.50 per month thereafter
    • Overdraft
      Facility
    • *Free banking for 18 months is available If you're a start-up, your projected turnover is up to £2m, and you trade solely in the UK.
    • Business internet banking for real-time balances
    • Business mobile banking to view balances and make payments on the move
    • Business Specialists available in branches across the UK to talk in detail about how we can meet your needs
    • Tools and articles in our online Knowledge Centre to help you grow your business
    • Guidance from our International Support Centre on how to start trading overseas
    • Face-to-face or online Business Review to identify opportunities and help you achieve your goals
    • *Subject to status and applicable terms and conditions
  • Clydesdale Bank - Start-up Business Banking

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      25 months
    • Account
      Fee
      £5 per month thereafter
    • Overdraft
      Facility
    • Direct contact - with someone who understands your type of business
    • Flexible solutions - a range of financial management solutions to choose from
    • Specialist support - tools and guidance available
    • *Offer applies to Start Ups opening first account within 12 months of beginning trading. No charges applies to cash or cheque deposits and withdrawals, Direct Debits or other automated transactions.
  • CardOneBanking - Small Business Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      None
    • Account
      Fee
      From £12.50 per month
    • Overdraft
      Facility
    • No credit checks and no branch visits
    • Free text alerts each time money is paid in and confirming bills are paid
    • No bounced payment charges
    • Most accounts opened within 3 hours of application
    • Account fee - £12.50 per month plus £55 application fee (refundable if application is not successful)
  • Acorn Account - for Business

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      None
    • Account
      Fee
      From £12.50 per month
    • Overdraft
      Facility
    • No credit checks
    • Pay in at Barclays branches and at the Post Office
    • 24 hour delivery of account details.
    • Pay bills using Faster Payments from your smart-phone.
  • Fair Everywhere - Business Account

    Multi-currency
    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      None
    • Account
      Fee
      £50 per month
    • Overdraft
      Facility
    • International Business Account
    • Free international money transfers
    • Cashback rewards for usage
    • No credit checks
  • Santander - 1|2|3 Business Current Account - Start-up offer

    • Maximum
      Interest (AER)
      0.10%
    • Free Banking
      Duration
      None
    • Account
      Fee
      £5.00
    • Overdraft
      Facility
    • Pay a reduced fee for your day-to-day banking for the first 12 months, which includes all of your standard day-to-day banking, free and unlimited Santander ATM deposits and £1,000 of cash deposits and Santander branch and Post Office counters
    • Up to £300 annual cashback on your first £10,000 of annual credit turnover
    • Become part of the 1|2|3 Business World, giving you access to preferential rates and offers
  • Santander - Business Current Account - Start-up offer

    • Maximum
      Interest (AER)
      0.10%
    • Free Banking
      Duration
      Up to 12 months
    • Account
      Fee
      £7.50 per month thereafter
    • Overdraft
      Facility
    • If your business is in its first year of trading and this is its first business current account with Santander, you'll get 12 months free business banking. After this free business banking period, you'll move to our £7.50 per month tariff.
    • Awarded Best Business Current Account Provider for the last 16 years by Moneyfacts, the Start-up offer on our Business Current Account is for small-to-medium sized businesses with up to two directors, owners (shareholders) or partners, trading less than 12 months and opening their first Santander business current account.
    • The offer includes day-to-day banking such as depositing and issuing cheques, Direct Debits, standing orders, bill payments and debit card payments.
    • Non-standard transactions such as CHAPS payments, change-giving and foreign currency transactions will incur a charge.

    • Benefit from interest on any credit balance, Online and Mobile Banking, free text and email account alerts and online business support.
  • Revolut - Revolut for Business

    Multi-currency
    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      3 months
    • Account
      Fee
      From £6.99 per month thereafter
    • Overdraft
      Facility
    • Accounts in 25 currencies
    • Send and receive fee-free cross border money transfers, at the interbank rate - save 10x vs. using a bank
    • Sign up in 10 minutes
    • Integrations with Slack, Xero, Zapier
    • Open API

Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. Use the drop down menu at the top of the page to order by other criteria

More about business current accounts

If you run your own business, you could probably benefit from opening a specialist, dedicated current account for your company. Offered through all of the usual banks and building societies such as Barclays, Lloyds, Natwest, Santander and more along with specialist providers, business bank accounts offer debit cards, overdraft facilities, cheque books and automated payments such as direct debits and standing orders, just like a personal account does.

Over and above this, a business bank account usually offers a range of additional benefits. These can include change facilities, the option of a much higher overdraft, access to business guides and training materials, the use of communal meeting rooms and business-class travel facilities, foreign exchange rate discounts, fast international payments and insurance.

Although there is no legal obligation for companies to hold an actual business bank account, it is vital that the business's monetary affairs are kept separate from personal ones. However, if you are a start-up company or you work as a sole trader and do not think you need any of the additional benefits that a business account offers, a separate personal account will suffice.

Anybody that runs a company of any size is usually eligible to apply for a business bank account, though credit rating restrictions will apply. Some banks provide different accounts depending on the size or type of the business.

The most basic business banking accounts are free. For anything more complicated you'll pay either a flat monthly fee, pay-as-you-go by the transaction or a mixture of both.

Click here to find out more about business bank accounts with Know Your Money's guide.

Helpful links for current account issues

Financial Conduct Authority (FCA) - The UK financial regulator's website features lots of useful information for banking customers covering everything from knowing your rights to how to stop unauthorised payments.

Financial Service Compensation Scheme (FSCS) - The FSCS is the best place to find out if your bank is covered by the compensation scheme and for advice on making a claim.

Financial Ombudsman Service - If you've complained to your bank and are still having ongoing problems then the Financial Ombudsman is the next step - their website covers everything you need to know about making a complaint.

Money Advice Service - The government's Money Advice Service provides unbiased advice on choosing, opening and managing a current account.