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
  • Tide logo

    Tide - Business Current Account

    Exclusive Deal
    • 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
  • ANNA logo

    ANNA - Business Current Account

    Exclusive Deal
    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      6 months
    • Account
      Fee
      £5 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
    • 1% cashback on qualifying card payments
    • No credit checks
    • Direct Debits
  • Revolut logo

    Revolut - Revolut for Business

    Exclusive Deal
    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      Ongoing
    • Account
      Fee
      Free*
    • 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
    • *Free account limits apply to number of users, local and international transfers. Other accounts start at £6.99 per month.
  • Cashplus logo

    Cashplus - Business Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      Ongoing
    • Account
      Fee
      Free*
    • 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 where a 0.3% fee will apply to the total amount of cash paid in
    • 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
  • Yorkshire Bank logo

    Yorkshire Bank - Start-up Business Banking

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      25 months
    • Account
      Fee
      £6.50 per month thereafter
    • Overdraft
      Facility
    • 25 months' free day-to-day banking
    • Easy-to-use internet banking and app
    • One-to-one support from a relationship manager
    • Guidance on financial management and products
    • Apply online in just 15 minutes
    • No charge for cash or cheque deposits, withdrawals or Direct Debits
    • Unlimited deposits and withdrawals (subject to available funds)
    • Optional overdraft
    • Contactless, Apple Pay, Google Pay and a £700 daily cash withdrawal limit
  • Clydesdale Bank logo

    Clydesdale Bank - Start-up Business Banking

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      25 months
    • Account
      Fee
      £6.50 per month thereafter
    • Overdraft
      Facility
    • 25 months' free day-to-day banking
    • Easy-to-use internet banking and app
    • One-to-one support from a relationship manager
    • Guidance on financial management and products
    • Apply online in just 15 minutes
    • No charge for cash or cheque deposits, withdrawals or Direct Debits
    • Unlimited deposits and withdrawals (subject to available funds)
    • Optional overdraft
    • Contactless, Apple Pay, Google Pay and a £700 daily cash withdrawal limit
  • Countingup logo

    Countingup - Business Current Account with Bookkeeping

    Exclusive Deal
    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      Ongoing
    • Account
      Fee
      Free*
    • Overdraft
      Facility
    • The business account that does your books
    • Get your business account opened in 5 minutes with no credit checks or interviews required
    • Raise invoices, capture and categorise expense receipts
    • Manage bills and see your profit and loss in real-time via mobile app
    • Pay in cash at the Post Office and PayPoint outlets (fees apply)
    • Bank transfers just 20p
  • HSBC logo

    HSBC - Start-up Business Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      Up to 18 months
    • Account
      Fee
      From £6.50 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.
    • After free banking period ends, fixed price of £6.50 a month for 12 months
    • 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
  • CardOneMoney logo

    CardOneMoney - Small Business Account

    Exclusive Deal
    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      7 months
    • Account
      Fee
      From £12.50 per month thereafter
    • 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 logo

    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.
  • Santander logo

    Santander - Business Current Account - Start-up offer

    • Maximum
      Interest (AER)
      0.10%
    • Free Banking
      Duration
      Up to 18 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 18 months free business banking. After this free business banking period, you'll move to a £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.

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

How to choose a business bank account

In the past, anyone setting up a new business would have to choose between a high street bank or a private bank for their business bank account. Now, times have changed and although these are still popular, there is a vast number of new options in the form on online-only ‘challenger banks’ that offer business current accounts.

With so many similar business account providers out there, it can be difficult to decide which kind of account will work best for your business. Do you value in-branch service, or would you prefer access to a state-of-the-art money management app? Do you want to pay a monthly fee, or would you prefer a ‘free’ account that only charges you for certain transactions instead?

Let’s start by comparing some of the different types of business bank account out there via our comparison table above. The table, together with this simple guide to choosing a business bank account might just help you to find the perfect account for your needs.

High street bank vs online banks

Perhaps the first decision to make is whether you would like to open a business bank account with a traditional bank, which probably has physical branches on high streets around the UK, or whether you would be happy having an online-only account.

You may find that there are advantages and disadvantages to each option. For example, some online business bank account providers may offer useful online tools that can help you keep tabs on things like staff expenses and tax liabilities. However, high street banks usually offer more features and services as standard, although this won’t always be the case. With so many factors to consider, it’s important to take the time to weigh up the pros and cons and use the online research tools available to you.

Deciding which business bank account features and services are important

Perhaps the most important decision to make when comparing business bank accounts is deciding which features and services you need from your account.

Browse the list of common bank account features and services below to help decide what’s important to you. Then check our comparison table to find the accounts that offer your preferred features. It’s then simply a case of finding one that offers charges and fees that you’re happy with and you may have found the right account for you.

Common business bank account features

  • Deposits/withdrawals
  • Standing orders
  • Direct debits
  • Bank transfers
  • Access to a debit card
  • Access to a credit card
  • Access to an overdraft
  • Mobile app
  • Telephone/online banking
  • Interest paid on balances
  • Accounting tools

Our comparison table above gives you some details of the features offered and the eligibility criteria for each account, so it’s a useful starting point for your research.

Monthly fee vs per-transaction

Business bank accounts usually come at a cost. Some will offer an initial introductory ‘fee-free’ offer, but at some point, almost all business bank account providers will begin to charge you for services. They do this in two distinct ways and, again, it’s up to you to decide what type of charging model suits you best.

Set monthly or annual fee Some business bank accounts charge a set monthly, or even annual, fee. Many transactions and services are then usually included for ‘free’ as part of the account, although additional fees may be chargeable for certain features. This model of paying for your account might be more suitable for you if you plan to make lots of transactions on your account.

Fee-per-transaction This model is often promoted as ‘no monthly fee’, but you pay for the service through fees for certain transactions, such as withdrawals or transfers, for example. If you are expecting to use your account rarely, you may find this model of payment cheaper than a monthly fee.

Choosing the right business bank account FAQs

Can I open a business bank account with a bad credit history?

Are business bank account charges tax deductible?

Do I have to open a business bank account?

Who can open a business bank account?

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