Compare Business Bank Accounts for Startups

  • Finding the right bank account for your start up is an important step.
  • Make the most of the latest free banking deals by shopping around.
  • Compare accounts from leading high street banks and innovative alternatives.
Choose your business current account options
  • Revolut logo

    Revolut - Revolut for Business

    Multi-currency
    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      6 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
  • Tide logo

    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
  • 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 & 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 logo

    ANNA - Business Current Account

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

    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
  • Countingup logo

    Countingup - Business Current Account

    Exclusive Deal
    • Maximum
      Interest (AER)
      0%
    • Free Banking
      Duration
      Ongoing*
    • Account
      Fee
      Free*
    • Overdraft
      Facility
    • *No account fee if less than £750 deposited per month. £2.95/£4.95 per month above that threshold
    • Account opened in 5 minutes from your smartphone
    • Bank transfers 20p per transaction
    • 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
  • 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)
  • 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
  • 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.
  • 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
  • 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.

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

+ Other business current account providers

Start-up Business Bank Accounts

Where do I begin when looking for a start-up business bank account?

What personal information do I need to provide to open a start-up business bank account?

What details must I disclose about my business?

Do I have to provide financial information?

My start-up plans to trade outside the UK, can I still open a start-up business bank account?

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.