Compare Free Business Bank Accounts

  • Many business banking providers offer free banking deals to new customers
  • Free banking durations and details vary between products and providers
  • Compare free banking deals from various types of business banking specialists
  • 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.
  • ANNA logo

    ANNA - Business Current Account

    • 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
  • 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
  • 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
  • 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
  • Countingup logo

    Countingup - Business Current Account with Bookkeeping

    • 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
  • TSB  logo

    TSB - Business Plus Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      Up to 25 months*
    • Account
      Fee
      £5 per month thereafter
    • Overdraft
      Facility
    • 25 months free day-to-day banking - so long as you keep your account within agreed limits and don't go overdrawn without arranging it first
    • £5 monthly account fee after the free banking period. But monthly fee waived if average balance of £10,000 maintained during each charging period
    • Free Square Reader, so you can take chip & PIN and contactless payments on the go. Pay no fees on your first £1,000 of sales
    • Specialist support from Enterprise Nation and Funding Options - helping you grow your business
    • Access to instant access savings account
  • Lloyds Bank logo

    Lloyds Bank - Start-up Business Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      18 months*
    • Account
      Fee
      From £6.50 per month thereafter
    • Overdraft
      Facility
    • 18 months’ free day-to-day³ business banking for new businesses
    • Simple pricing and free electronic payments
    • Dedicated support from UK-based business management team
    • Mobile Business Banking app to access your accounts on the move
    • Regularly updated guides and tools for running your business
  • 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)
  • Coconut logo

    Coconut - Business Current Account

    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      None
    • Account
      Fee
      Free*
    • Overdraft
      Facility
    • Manage your business finances from payments to tax return with Coconut. All in one app.
    • Same day UK business current account and get a business Mastercard
    • Automatically categorise your business income and expenses, ready for end of year tax and filings
    • Create, send and manage invoices straight from the app
    • With helpful guidance about what you can and can't claim, we help you maximise your tax savings
    • Applying for a Coconut account won't show up on credit checks

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

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