Promoted
Tide Business Bank Account
  • Get £100 cashback when you open a Tide business bank account*
  • Open a free business current account in minutes and get everything you need to run a better business
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*If you complete the application and spend £1000 within 60 days of opening an account we’ll give you £100 cashback. Enter code BCA100 when you sign up. T&C apply. FSCS-Protected, Bank Account by ClearBank.
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Get £100 cashback when you open a Tide business bank account*
Tide Business Bank Account
AccountingCash DepositsFast OpeningNo Hard Credit Check
FSCS Protectedcurrent account switch guarantee logo
  • Monthly Fee:
    Free
  • Bank Transfers:
    Free for one year*
  • Overdraft:
    No
  • Account Access:
    App & Online
  • GO TO SITEExternal link icon
GO TO SITEExternal link icon
Great For:

  • Apply online in minutes with no credit checks or paperwork needed
  • This account comes with no monthly maintenance fees
To Consider:

  • 20p per bank transfer after the first year
  • Tide is a digital-only service. There are no physical branches for in-person banking or face-to-face support
Great For:

  • Apply online in minutes with no credit checks or paperwork needed
  • This account comes with no monthly maintenance fees
To Consider:

  • 20p per bank transfer after the first year
  • Tide is a digital-only service. There are no physical branches for in-person banking or face-to-face support
Features:

  • Create and send invoices for free
  • Multi-business – hold up to 5 business accounts
  • Automated 30-day cash flow forecasts
Criteria:

  • For registered business account: you must be registered with UK Companies House as a director of that company or partnership
  • For sole trader account: you must be a UK based sole trader/freelancer
  • For all accounts: you must be aged 18+, have a valid UK phone number and address, and hold compatible device registered to a UK App or Google Play store
SEE DEALExternal link icon
*If you complete the application and spend £1000 within 60 days of opening an account we’ll give you £100 cashback. Enter code BCA100 when you sign up. T&C apply. FSCS-Protected, Bank Account by ClearBank.
Get a £100 business bonus when you open an account and add just £0.01*
Revolut Basic Business Account
Fast OpeningGlobal Currency AccountsNo Hard Credit Check
current account switch guarantee logo
  • Monthly Fee:
    £10
  • Bank Transfers:
    10 Free per month
  • Overdraft:
    No
  • Account Access:
    App & Online
  • GO TO SITEExternal link icon
GO TO SITEExternal link icon
Great For:

  • Multi-currency accounts, physical and virtual cards plus spend management tools
  • Compatible with accounting software and create invoices in app
To Consider:

  • Only 5 free local transfers and no free international transfers
  • An e-money product with no branch access
Great For:

  • Multi-currency accounts, physical and virtual cards plus spend management tools
  • Compatible with accounting software and create invoices in app
To Consider:

  • Only 5 free local transfers and no free international transfers
  • An e-money product with no branch access
Features:

  • Multi-currency accounts – receive payments and exchange in 25+ currencies
  • Control and monitor team spending with multiple debit and virtual cards, manage permissions and levels of access and more
  • Various payment facilities including Tap to Pay on iPhone (fees apply)
  • International payments – Send and receive money from 150+ countries
Criteria:

  • Available for limited companies, PLCs, LLPs, Partnerships & unlimited companies
  • Currently available for companies registered in and with a physical presence within the European Economic Area (EEA), Switzerland, UK and US
SEE DEALExternal link icon
*Open a Revolut Business account and add money (as little as £0.01) to your account by 31 March 2026 to receive a £100 welcome bonus. Available for new Revolut Business customers in the UK only. Fees, promotion terms and T&Cs apply.
One month free trial. T&Cs apply.
Airwallex Explore Business Account
AccountingFast OpeningGlobal Currency AccountsNo Hard Credit Check
  • Monthly Fee:
    Free*
  • Bank Transfers:
    Free
  • Overdraft:
    No
  • Account Access:
    App & Online
  • GO TO SITEExternal link icon
GO TO SITEExternal link icon
Great For:

  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider:

  • Deposit £10,000 p/month or hold £10,000 to be free, if not £19 p/month
  • An e-money product with no branch access
Great For:

  • Open local currency accounts in 60+ countries
  • Make international transfers to 150+ countries at interbank rates
To Consider:

  • Deposit £10,000 p/month or hold £10,000 to be free, if not £19 p/month
  • An e-money product with no branch access
Features:

  • Open multiple accounts per entity. Collect and hold in 20+ currencies
  • Expense management for cards and reimbursements
  • Free local transfers to 120+ countries and domestic transfers. Access to interbank FX rates and batch transfers
  • Multi-currency and employee cards with zero international fees
  • Includes 5 free employee card users and up to 10 company cards
  • Online card and local payment method acceptance globally
  • Bank feeds sync with Xero. ApprovalMax, WorkflowMax by BlueRock Integrations
Criteria:

  • You must be at least 18 years old
  • Be a sole trader, partner in a partnership, or company
  • Your business is registered in the UK. More markets are available with different Airwallex entities. Details can be found on the Airwallex website.
SEE DEALExternal link icon
Get £200 Cashback with a Tide business bank account and savings account. Earn up to 4.00%**
Tide Savings Business Bank Account & Savings Account
AccountingCash DepositsFast OpeningNo Hard Credit Check
FSCS Protectedcurrent account switch guarantee logo
  • Monthly Fee:
    Free
  • Bank Transfers:
    Free for one year*
  • Overdraft:
    No
  • Account Access:
    App & Online
  • GO TO SITEExternal link icon
GO TO SITEExternal link icon
Great For:

  • Apply online in minutes with no credit checks or paperwork needed
  • This account comes with no monthly maintenance fees
To Consider:

  • 20p per bank transfer after the first year
  • Tide is a digital-only service. There are no physical branches for in-person banking or face-to-face support
Great For:

  • Apply online in minutes with no credit checks or paperwork needed
  • This account comes with no monthly maintenance fees
To Consider:

  • 20p per bank transfer after the first year
  • Tide is a digital-only service. There are no physical branches for in-person banking or face-to-face support
Features:

  • Create and send invoices for free
  • Multi-business – hold up to 5 business accounts
  • Automated 30-day cash flow forecasts
Criteria:

  • For registered business account: you must be registered with UK Companies House as a director of that company or partnership
  • For sole trader account: you must be a UK based sole trader/freelancer
  • For all accounts: you must be aged 18+, have a valid UK phone number and address, and hold compatible device registered to a UK App or Google Play store
SEE DEALExternal link icon
**To be eligible for the £200 Cashback offer, open both a Tide Instant Saver and Tide Business Bank Account. Ts&Cs Apply. Up to 4% AER (variable). Interest rates are tiered, with the top rate for balances between £1M and £10M. The top rate includes a 0.26% savings boost. New Tide Members get these rates free for 4 months, after which your Tide plan’s rates apply. For full offer T&Cs visit tide.co/savings. FSCS-Protected Bank Account by ClearBank.
0.3% foreign exchange fee*
WorldFirst Global Business Account
AccountingFast OpeningGlobal Currency AccountsNo Hard Credit Check
  • Monthly Fee:
    Free
  • Bank Transfers:
    Free*
  • Overdraft:
    No
  • Account Access:
    App & Online
  • GO TO SITEExternal link icon
GO TO SITEExternal link icon
Great For:

  • Earn ongoing cashback and avoid foreign transaction fees in 15 currencies with the World Card
  • Receive and spend in 20+ currencies by opening free multi-currency accounts with no monthly fees
To Consider:

  • No branch access: no cash or cheque deposit services.
  • No overdraft facilities
Great For:

  • Earn ongoing cashback and avoid foreign transaction fees in 15 currencies with the World Card
  • Receive and spend in 20+ currencies by opening free multi-currency accounts with no monthly fees
To Consider:

  • No branch access: no cash or cheque deposit services.
  • No overdraft facilities
Features:

  • A unified platform to simplify cross-border payments, manage money and expand internationally
  • Pay in 100+ currencies to 210+ destinations
  • WorldFirst helps sellers to global with access to over 130 online marketplaces and payment gateways
Criteria:

  • You must be at least 18 years old
  • Be a sole trader, partner in a partnership, or company
SEE DEALExternal link icon
*New customers signing up for a WorldFirst account in 2026, are eligible to receive the exclusive 0.3% foreign exchange fee. Once your account is fully set up and verified, the fee will be applied.
Get your first month of Pro or Team completely free*
Monzo Business Lite
AccountingCash DepositsFast Opening
FSCS Protectedcurrent account switch guarantee logo
  • Monthly Fee:
    Free
  • Bank Transfers:
    Free
  • Overdraft:
    Yes
  • Account Access:
    App & Online
  • GO TO SITEExternal link icon
GO TO SITEExternal link icon
Great For:

  • For sole traders and small businesses wanting a free, simple digital current account
  • Get instant notifications for all account activity to stay in control of your cash flow
To Consider:

  • Online account management only, no phone or branch access.
  • Not currently available for charities or partnerships.
Great For:

  • For sole traders and small businesses wanting a free, simple digital current account
  • Get instant notifications for all account activity to stay in control of your cash flow
To Consider:

  • Online account management only, no phone or branch access.
  • Not currently available for charities or partnerships.
Features:

  • Free, instant UK bank transfers
  • 24/7 customer support
  • Mobile and web access
  • The Monzo banking essentials
Criteria:

  • Only sole traders or limited company directors in the UK can apply.
SEE DEALExternal link icon
*Your first month of Pro or Team is free, after that Pro is £9/month and Team starts from £25/month. Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
Wide Range of Expense Managements Tools
Anna Money Pay As You Go
AccountingCash DepositsFast OpeningNo Hard Credit Check
FSCS Protectedcurrent account switch guarantee logo
  • Monthly Fee:
    Free
  • Bank Transfers:
    From 20p
  • Overdraft:
    No
  • Account Access:
    App Only
  • GO TO SITEExternal link icon
GO TO SITEExternal link icon
Great For:

  • Obtain a UK business account and sort code in 3 mins with ID
  • One free debit card included (£3 per extra card)
To Consider:

  • No joint account access
  • An e-money product with no branch access
Great For:

  • Obtain a UK business account and sort code in 3 mins with ID
  • One free debit card included (£3 per extra card)
To Consider:

  • No joint account access
  • An e-money product with no branch access
Features:

  • 1 debit card included (£3 per extra card) – 1% cashback on selected categories
  • Personal payment link for accepting payments online (1% commission)
  • Instant invoice generator and savings pots facility (fees apply)
  • Landlords / property investors get a free 12 month subscription to the National Residential Landlords Association (NRLA)
  • FastTrack to Credit – Boost your credit score and get access to credit after 3 months activity
Criteria:

  • Must be a Sole Trader, Director of a Limited Company (and listed on Companies House), or a Partner in a Limited Liability Partnership
  • Business must be located within the UK and you also need to have a UK residential address
  • Not available to charities
SEE DEALExternal link icon
ANNA Business comes with invoice generator tools, HMRC recognised Tax calculator and filing. Automate your bookkeeping with ANNA.
FCSC Protected

The Financial Services Compensation Scheme (FSCS) protects up to £120,000 of eligible deposits per person or company, per firm, which is authorised and regulated by the Financial Conduct Authority (FCA). The limit is the total of all deposits held with one firm. For more information visit www.fscs.org.uk.

Our comparison is ordered by the commercial arrangements with some, or all, of the providers featured. Our service is free and commercial arrangements have no effect on the products you may select. To find out more about our independence, regulatory authorisation and how we earn money, visit the ‘About’ page on our website.

¹ BRANCH ACCESS Account provider maintains a nationwide branch access for face to face customer banking and/or relationship management.

² CASH DEPOSITS Facilities to deposit cash in either a branch, Post Office, Paypoint or other locations into the account. Limits and charges may apply.

³ NO HARD CREDIT CHECK A soft credit check for ID & Fraud purposes is carried out for account only applications. If you apply for a credit product such as an overdraft with the business account, a hard credit check will be initiated.

⁴ FAST OPENING Accounts opening in 3 days or less in most circumstances. Excludes application timescales.

⁵ GLOBAL CURRENCY ACCOUNTS Currency accounts with local (domestic) bank details for the EU (SEPA) and at least one international country e.g. USA (ACH) to transact as a local business. This feature can also be termed ‘local rails’. This differentiates them from providers offering local account details for the EU (SEPA) only and currency accounts or ‘pots’ that transact only via SWIFT.

⁶ ACCOUNTING The provider offers accounting features either through their own platform or via integration with third-party software like Xero, QuickBooks or Sage. Please note that third-party integrations usually require a separate subscription fee.

How to Compare Business Bank Accounts

1

Understand Your Requirements

How you do business will affect the type of account you need. How many transactions will you have each month? Do you need to pay in cash? Do you need a local branch?

2

Check Eligibility

Most providers have a range of business accounts to suit different types of businesses. Check the eligibility of each account to make sure if suited to your business.

3

Compare The Latest Deals

There are numerous offers and deals to attract new customers which can be compared with our handy tool above. Always consider the cost of the account once the free period ends.