Small business bank accounts
Find out which business bank account is best for you with our list of options
HSBC Kinetic Business Current Account
- Monthly fee
Free (12 months – £6.50 thereafter)
- UK bank transfers
Free (Direct debits & International Transfers)
- UK card purchases
Free (Sterling)
- Overdraft
No
| More details | |
|---|---|
| Banking partner | HSBC Kinetic Business Current Account |
| Monthly fee | Free (12 months – £6.50 thereafter) |
| UK bank transfers | Free (Direct debits & International Transfers) |
| UK card purchases | Free (Sterling). Non-Sterling Transaction fee – 2.99% of the sterling amount of the transaction, minimum £3. Cash Fee – 2.99% of the amount advanced, minimum £3 |
| Overdraft | No |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | 0.60% value of withdrawal |
| UK bank transfers details | Free (Direct debits & International Transfers) CHAPS – £20 to HSBC Group Bank Accounts & £30 to non HSBC Group Bank Accounts via phone or in-branch |
| Expenses card/s for your team | No |
| Eligibility criteria | |
|---|---|
| Sole traders | |
| Single director shareholders | |
| UK tax resident | |
| Turnover less than £6.5m a year | |
Tide Free Business Account
- Monthly fee
Free
- UK bank transfers
20p per transfer
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Tide Free Business Account |
| Monthly fee | Free |
| UK bank transfers | 20p per transfer |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | £1 per withdrawal |
| UK bank transfers details | 20p per transfer |
| Expenses card/s for your team | £5 per month |
| Eligibility criteria | |
|---|---|
| Sole Traders and freelancers who are registered with HRMC | |
| Director of an active UK company registered with Companies House | |
| Valid UK address | |
Tide Plus Account
- Monthly fee
£9.99
- UK bank transfers
20 free per month
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Tide Plus Account |
| Monthly fee | £9.99 |
| UK bank transfers | 20 free per month |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | £1 per withdrawal |
| UK bank transfers details | Free up to 20x per month, then 20p per transfer |
| Expenses card/s for your team | 1 free expense card included |
| Eligibility criteria | |
|---|---|
| Sole traders and freelancers who are registered with HRMC | |
| Director of an active UK company registered with Companies House | |
| Valid UK address | |
Tide Pro Account
- Monthly fee
£18.99
- UK bank transfers
Free
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Tide Pro Account |
| Monthly fee | £18.99 |
| UK bank transfers | Free |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | £1 per withdrawal |
| UK bank transfers details | Free (unlimited) |
| Expenses card/s for your team | 2 free expense cards included |
| Eligibility criteria | |
|---|---|
| Sole traders and freelancers who are registered with HRMC | |
| Director of an active UK company registered with Companies House | |
| Valid UK address | |
Tide Cashback Account
- Monthly fee
£49.99
- UK bank transfers
Free
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Tide Cashback Account |
| Monthly fee | £49.99 |
| UK bank transfers | Free |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | £1 per withdrawal |
| UK bank transfers details | Free (unlimited) |
| Expenses card/s for your team | 3 free expense cards included |
| Eligibility criteria | |
|---|---|
| Sole traders and freelancers who are registered with HRMC | |
| Director of an active UK company registered with Companies House | |
| Valid UK address | |
Airwallex Business Account
- Monthly fee
Free
- UK bank transfers
Free
- UK card purchases
Free
- Overdraft
N/A
| More details | |
|---|---|
| Banking partner | Airwallex Business Account |
| Monthly fee | Free |
| UK bank transfers | Free |
| UK card purchases | Free |
| Overdraft | N/A |
| FSCS protected | N/A |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | N/A |
| UK bank transfers details | Free |
| Expenses card/s for your team | First 5 free + £5 per cardholder per momnth |
| Eligibility criteria | |
|---|---|
| Businesses registered in UK and EU markets | |
| Perfect for businesses with cross-border finance operations | |
| UK Based | |
Zempler Business Go Account
- Monthly fee
Free
- UK bank transfers
3 free a month (30p after)
- UK card purchases
Free
- Overdraft
Yes
| More details | |
|---|---|
| Banking partner | Zempler Business Go Account |
| Monthly fee | Free |
| UK bank transfers | 3 free a month (30p after) |
| UK card purchases | Free |
| Overdraft | Yes |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | Borrow up to £2,000 subject to eligibility |
| ATM withdrawals (UK Pounds) | £2 per withdrawal |
| UK bank transfers details | 3 free a month (30p after) |
| Expenses card/s for your team | £5.95 per card |
| Eligibility criteria | |
|---|---|
| Sole traders and freelancers not registered on Companies House | |
| Limited companies active on Companies House | |
| UK based | |
Zempler Business Extra Account
- Monthly fee
£9
- UK bank transfers
20 months free
- UK card purchases
Free
- Overdraft
Yes
| More details | |
|---|---|
| Banking partner | Zempler Business Extra Account |
| Monthly fee | £9 |
| UK bank transfers | 20 months free |
| UK card purchases | Free |
| Overdraft | Yes |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | Borrow up to £2,000 subject to eligibility |
| ATM withdrawals (UK Pounds) | Free |
| UK bank transfers details | Free for 20 months then 30p per transfer |
| Expenses card/s for your team | £5.95 per card |
| Eligibility criteria | |
|---|---|
| Sole traders and freelancers not registered on Companies House | |
| Limited companies active on Companies House | |
| UK based | |
Countingup Business 1st Tier
- Monthly fee
£3
- UK bank transfers
30p
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Countingup Business 1st Tier |
| Monthly fee | £3 |
| UK bank transfers | 30p |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | No |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | £1 per withdrawal |
| UK bank transfers details | 30p per transfer (free for the first 3 months). Foreign transaction fees – 3% |
| Expenses card/s for your team | 1x debit card free per account (£5 for a replacement card) |
| Eligibility criteria | |
|---|---|
| Sole Trader or Director of a limited company listed on companies house. 18 years old or over and total monthly deposits of less than £750 | |
| UK Based | |
Countingup Business 2nd Tier
- Monthly fee
£9
- UK bank transfers
30p
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Countingup Business 2nd Tier |
| Monthly fee | £9 |
| UK bank transfers | 30p |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | No |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | £1 per withdrawal |
| UK bank transfers details | 30p per transfer (free for the first 3 months). Foreign transaction fees – 3% |
| Expenses card/s for your team | 1x debit card free per account (£5 for a replacement card) |
| Eligibility criteria | |
|---|---|
| Sole Trader or Director of a limited company listed on companies house. 18 years old or over and total monthly deposits between £750-£7,500 | |
| UK Based | |
Countingup Business 3rd Tier
- Monthly fee
£18
- UK bank transfers
30p
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Countingup Business 3rd Tier |
| Monthly fee | £18 |
| UK bank transfers | 30p |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | No |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | £1 per withdrawal |
| UK bank transfers details | 30p per transfer (free for the first 3 months). Foreign transaction fees – 3% |
| Expenses card/s for your team | 1x debit card free per account (£5 for a replacement card) |
| Eligibility criteria | |
|---|---|
| Sole Trader or Director of a limited company listed on companies house. 18 years old or over and total monthly deposits over £7,501 | |
| UK Based | |
Anna Money Business Account
- Monthly fee
£14.90
- UK bank transfers
50 free per month
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Anna Money Business Account |
| Monthly fee | £14.90 |
| UK bank transfers | 50 free per month |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | No |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | 3x free per month, then £1 per withdrawal |
| UK bank transfers details | Free up to 50x per month, then 20p per transfer |
| Expenses card/s for your team | Up to 5x debit card free per account |
| Eligibility criteria | |
|---|---|
| Sole trader, director of a limited company listed on Companies House or a partner in a limited liability partnership | |
| Uk based | |
Anna Money Pay As You Go Account
- Monthly fee
Free
- UK bank transfers
20p
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Anna Money Pay As You Go Account |
| Monthly fee | Free |
| UK bank transfers | 20p |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | No |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | £1 per withdrawal |
| UK bank transfers details | 20p per transfer |
| Expenses card/s for your team | 1x debit card free per account |
| Eligibility criteria | |
|---|---|
| Sole trader, director of a limited company listed on Companies House or a partner in a limited liability partnership | |
| UK based | |
Anna Money Big Business Account
- Monthly fee
£49.90
- UK bank transfers
Free
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Anna Money Big Business Account |
| Monthly fee | £49.90 |
| UK bank transfers | Free |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | No |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | Free |
| UK bank transfers details | Free |
| Expenses card/s for your team | Unlimited debit cards |
| Eligibility criteria | |
|---|---|
| Sole trader, director of a limited company listed on companies house or a partner in a limited liability partnership | |
| UK based | |
Important Information!
Some of the products promoted are from our banking and affiliate partners from whom we receive compensation. While we aim to feature some of the best products available, we cannot review every product on the market.
Data is correct at time of publication, but can be subject to change. You can find the most up-to-date information by visiting the bank account provider website directly.