Small business bank accounts
Find out which business bank account is best for you with our list of options
HSBC Kinetic Account
- Monthly fee
12 months free
- UK bank transfers
Free
- UK card purchases
Free
- Overdraft
Yes
| More details | |
|---|---|
| Banking partner | HSBC Kinetic Account |
| Monthly fee | 12 months free |
| UK bank transfers | Free |
| UK card purchases | Free |
| Overdraft | Yes |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | Borrow up to £30,000 subject to eligibility |
| ATM withdrawals (UK Pounds) | 0.60% value of withdrawal |
| UK bank transfers details | Free |
| 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 | |
Cashplus Business Go Account
- Monthly fee
Free
- UK bank transfers
3 months free
- UK card purchases
Free
- Overdraft
Yes
| More details | |
|---|---|
| Banking partner | Cashplus Business Go Account |
| Monthly fee | Free |
| UK bank transfers | 3 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) | £2 per withdrawal |
| UK bank transfers details | Free for 3 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 | |
Cashplus Business Extra Account
- Monthly fee
£9
- UK bank transfers
20 months free
- UK card purchases
Free
- Overdraft
Yes
| More details | |
|---|---|
| Banking partner | Cashplus 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 | |
Revolut Free Basic Account
- Monthly fee
Free
- UK bank transfers
5 free per month
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Revolut Free Basic Account |
| Monthly fee | Free |
| UK bank transfers | 5 free per month |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | No |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | 2% per withdrawal |
| UK bank transfers details | Free up to 5x per month, then 20p per transfer |
| Expenses card/s for your team | 3x free company cards per account |
| Eligibility criteria | |
|---|---|
| Private limited company, public limited company, limited liability partnership, limited partnership or partnership | |
| UK based | |
Revolut Business Grow Account
- Monthly fee
£19
- UK bank transfers
100 free per month
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Revolut Business Grow Account |
| Monthly fee | £19 |
| UK bank transfers | 100 free per month |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | No |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | 2% per withdrawals |
| UK bank transfers details | Free up to 100x per month, then 20p per transfer |
| Expenses card/s for your team | 3x free company cards per account |
| Eligibility criteria | |
|---|---|
| Private limited company, public limited company, limited liability partnership, limited partnership or partnership | |
| UK based | |
Revolut Business Scale Account
- Monthly fee
£79
- UK bank transfers
1,000 free per month
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Revolut Business Scale Account |
| Monthly fee | £79 |
| UK bank transfers | 1,000 free per month |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | No |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | 2% per withdrawals |
| UK bank transfers details | Free up to 1,000x per month, then 20p per transfer |
| Expenses card/s for your team | 3x free company cards per account |
| Eligibility criteria | |
|---|---|
| Private limited company, public limited company, limited liability partnership, limited partnership or partnership | |
| UK based | |
Revolut Business Enterprise Account
- Monthly fee
Custom
- UK bank transfers
Free (custom)
- UK card purchases
Free
- Overdraft
No
| More details | |
|---|---|
| Banking partner | Revolut Business Enterprise Account |
| Monthly fee | Custom |
| UK bank transfers | Free (custom) |
| UK card purchases | Free |
| Overdraft | No |
| FSCS protected | No |
| Rates and charges | |
|---|---|
| Overdraft | No |
| ATM withdrawals (UK Pounds) | 2% per withdrawals |
| UK bank transfers details | Free (custom) |
| Expenses card/s for your team | 3x free company cards per account |
| Eligibility criteria | |
|---|---|
| Private limited company, public limited company, limited liability partnership, limited partnership or partnership | |
| UK based | |
LLoyds Business Bank Account
- Monthly fee
12 months free
- UK bank transfers
100 free per month
- UK card purchases
Free
- Overdraft
Yes
| More details | |
|---|---|
| Banking partner | LLoyds Business Bank Account |
| Monthly fee | 12 months free |
| UK bank transfers | 100 free per month |
| UK card purchases | Free |
| Overdraft | Yes |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | Borrow up to £5,000 subject to eligibility |
| ATM withdrawals (UK Pounds) | Free |
| UK bank transfers details | Free up to 100x per month, then 20p per transfer |
| Expenses card/s for your team | Business credit card subject to eligibility criteria |
| Eligibility criteria | |
|---|---|
| Sole trader, partner or company director | |
| Over 18 | |
| UK based | |
| Turnover less than £25 million a year | |
Allica Business Rewards Account
- Monthly fee
Free
- UK bank transfers
Free
- UK card purchases
Free
- Overdraft
Yes
| More details | |
|---|---|
| Banking partner | Allica Business Rewards Account |
| Monthly fee | Free |
| UK bank transfers | Free |
| UK card purchases | Free |
| Overdraft | Yes |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | Yes, contact to request more information |
| ATM withdrawals (UK Pounds) | Free |
| UK bank transfers details | Free bar chaps payments |
| Expenses card/s for your team | 1x debit card free per account |
| Eligibility criteria | |
|---|---|
| Business must be registered with Companies House | |
| Must have been trading for a minimum of 12 months, and have a minimum annual turnover of £500,000 or at least 5 employees | |
| UK based | |
Virgin Money M Account for Business
- Monthly fee
Free
- UK bank transfers
Free
- UK card purchases
Free
- Overdraft
Yes
| More details | |
|---|---|
| Banking partner | Virgin Money M Account for Business |
| Monthly fee | Free |
| UK bank transfers | Free |
| UK card purchases | Free |
| Overdraft | Yes |
| FSCS protected | Yes |
| Rates and charges | |
|---|---|
| Overdraft | Subject to lending assessment |
| ATM withdrawals (UK Pounds) | Free |
| UK bank transfers details | Free |
| Expenses card/s for your team | 1x debit card free per account |
| Eligibility criteria | |
|---|---|
| Startups, sole traders, limited companies, limited liability partnerships, partnerships | |
| Uk based | |
| Turnover less than £1 million per year | |
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.