Great for

• Digital banking with no account fee for 12 months and products and services to help you grow, like business savings, loans, and overdrafts**
• Earn up to 4.01% AER on savings with a Fixed Term Deposit Account
• Bank in whatever way suits your business - online, with our mobile app, or over the phone

But be aware that

• To qualify for this account you need to be a sole trader, partner or company director and be aged 18 or over
• Lending is subject to status
• You must not already have a Bank of Scotland Business Account for this Business

Great for

• Free digital banking and no monthly account fee for the first 12 months*
• 12 months’ free Sage software available to eligible Barclays Business current account customers. Sage products are provided by Sage. Barclays may receive a fee for introductions. T&Cs apply

But be aware that

• *You won't have to pay a monthly account fee for 12 months if you don’t already have a Barclays Business Account with Barclays. After 12 months, you'll pay £8.50 per month
• *Free digital banking refers to simple electronic payments as defined in your business account tariff. Fees and charges will apply in line with the business account tariff, which could change
• Overdrafts are subject to application, financial circumstances and borrowing history

Great for

• Free digital banking and no monthly account fee for the first 12 months*
• 12 months’ free Sage software available to eligible Barclays Business current account customers. Sage products are provided by Sage. Barclays may receive a fee for introductions. T&Cs apply
• Access to a team of Business Managers, offering local knowledge, sector expertise, connections to specialists in cashflow, international expansion, payments and more

But be aware that

• *You won't have to pay a monthly account fee for 12 months if you don’t already have a Barclays Business Account with Barclays. After 12 months, you'll pay £8.50 per month
• *Free digital banking refers to simple electronic payments as defined in your business account tariff. Fees and charges will apply in line with the business account tariff, which could change
• Overdrafts are subject to application, financial circumstances and borrowing history

Great for

• Startups and small businesses looking for free digital banking with no monthly fee with an ethical bank. Free automated payments and deposits, debit card spending, ATM withdrawals, and manual credits, all included as standard
• Bank securely via The Co-operative Bank mobile app or online banking, with daily payment limits of up to £250,000 and the ability to manage multiple businesses and users in one place
• Customers also get free, unlimited access to the Go Get Paid app - the fast, secure way to request payments & get paid on time. Plus access selected Clover payment terminals for £1 a month for the first 12 months (fees apply)

But be aware that

• Charges apply for cash and cheque transactions and other special services e.g. foreign and CHAPS payments. You can deposit cash in our branches and the Post Office for £1.50 per cheque or £1.50 per £100 of cash deposited
• Overdrafts are subject to status, application and The Co-operative Bank’s lending policy. Arrangement fees apply. Interest will be charged and where security is required, additional security fees may apply

Great for

• Established and growing businesses, looking for insurance benefits and exclusive access to savings rates. A Business Plus Instant Access savings account will be opened alongside the bank account benefiting from an exclusive interest rate
• You can apply for an optional overdraft with no arrangement fee on amounts up to £25,000. Arrangement fees apply to only the amount above £25,000. Subject to status and eligibility. Free seamless integration with online accounting software providers
• Get access to The Co-operative Bank’s business toolbox. Plus, get a Love2Shop voucher worth up to £70 when you purchase an eligible business insurance policy with their insurance partner. T&Cs apply

But be aware that

• Charges apply for cash, cheque transactions & other special services, e.g. foreign and CHAPS payments. You can deposit cash in branch & in Post Offices, £0.75 per cheque or £0.75 per £100 cash deposited
• Arrangement fees applies on optional overdrafts over £25,000 (only to the amount above £25,000), and where security is required, additional security fees may apply

Great for

• No monthly account fee and free UK digital banking*
• Access to HSBCs business specialists - who will support your business goals, both virtually or in-person

But be aware that

• Overdraft and Borrowing subject to application, eligibility, affordability & credit check. T&Cs, fees, charges & rates apply
• Available to small business customers with borrowing needs of up to £100k and everyday banking requirements that do not require the support of a Relationship Manager

Great for

• Digital banking with no account fee for 12 months and products and services to help you grow, like business savings, loans, and overdrafts**
• Earn up to 4.01% AER on savings with a Fixed Term Deposit Account
• Bank in whatever way suits your business – online, through Lloyds mobile app, or over the phone

But be aware that

• To qualify for this account you need to be a sole trader, partner or company director and be aged 18 or over
• Lending is subject to status
• You must not already have a Lloyds Business Account for this business

Great for

• Mettle by NatWest is built for contractors, freelancers and small business owners who want to easily do their business banking on the go. You can apply in minutes straight from your mobile phone
• You can create and send invoices from wherever you are, categorise transactions and sync your data with accounting software. You can also get a running estimate of how much tax you’re likely to owe all in the Mettle app, powered by FreeAgent
• Small businesses that are conscious about security - Mettle is backed by NatWest and your money is protected up to £120,000 through the FSCS

But be aware that

• Mettle currently only supports UK-based companies with owners that are UK residents and have balances up to £1m
• No access to credit or borrowing options, or cheques. Charges for cash deposits made through the Post Office® and withdrawals made using your card at cashpoints
• Mettle+ is optionally available for £4/pm giving you access to quotes to help you win more business. Quotes can be converted to invoices easily in the app. You can cancel at any time

Great for

• Tax made simpler: see what you may owe, set money aside automatically in a tax pot, and get reminders for key deadlines.
• Less admin: categorise spending, create invoices, capture receipts and see your cash flow in one place.
• Support to grow: check eligibility for iwoca Business Finance and compare essentials such as business insurance and energy.

But be aware that

• You must be a UK-resident sole trader or limited-company director, aged 18 or over. Partnerships, charities and trusts are not supported.
• iwoca finance is subject to eligibility. Marketplace products are provided by third parties and availability varies

Great for

• 2 years free banking on everyday transactions*
• 24/7 Online, Telephone and mobile app banking
• FreeAgent Accounting software included**

But be aware that

• *Free banking on everyday transactions during the offer period, excluding charges for unarranged overdrafts, Bankline, international payments and extra services. After the free banking period ends, you’ll move to the Standard Tariff
• **FreeAgent is free as long as you retain your NatWest Business account. Optional add-ons may be chargeable
• To apply you must be: Aged 18 or over. The owner or director of the business. At least one person on the application is a UK resident. Registered for UK income or corporation tax. You haven’t been declared bankrupt or received a CCJ or Court Decree

Great for

• Receive money with local and global account details
• Transfer across 150+ destinations and exchange 25+ currencies at the interbank rate. Within plan allowance, during market hours
• Automate your spend management, end-to-end

But be aware that

• These offerings are applicable for new Revolut Business customers in the UK, Singapore, and all EEA countries where Revolut Bank UAB or its branches are providing services

Great for

• Receive money with local and global account details
• Transfer across 150+ destinations and exchange 25+ currencies at the interbank rate. Within plan allowance, during market hours
• Automate your spend management, end-to-end

But be aware that

• These offerings are applicable for new Revolut Business customers in the UK, Singapore, and all EEA countries where Revolut Bank UAB or its branches are providing services

Great for

• Receive money with local and global account details
• Transfer across 150+ destinations and exchange 25+ currencies at the interbank rate. Within plan allowance, during market hours
• Automate your spend management, end-to-end

But be aware that

• These offerings are applicable for new Revolut Business customers in the UK, Singapore, and all EEA countries where Revolut Bank UAB or its branches are providing services

Great for

• Receive money with local and global account details
• Transfer across 150+ destinations and exchange 25+ currencies at the interbank rate. Within plan allowance, during market hours
• Automate your spend management, end-to-end

But be aware that

• These offerings are applicable for new Revolut Business customers in the UK, Singapore, and all EEA countries where Revolut Bank UAB or its branches are providing services

Great for

• 2 years free banking on everyday transactions*
• 24/7 Online, Telephone and mobile app banking
• FreeAgent Accounting software included**

But be aware that

• *Free banking on everyday transactions during the offer period, excluding charges for unarranged overdrafts, Bankline, international payments and extra services. After the free banking period ends, you’ll move to the Standard Tariff
• **FreeAgent is free as long as you retain your Royal Bank of Scotland Business account. Optional add-ons may be chargeable
• To apply you must be: Aged 18 or over. The owner or director of the business. At least one person on the application is a UK resident. Registered for UK income or corporation tax. You haven’t been declared bankrupt or received a CCJ or Court Decree

Great for

• No monthly fees. Free UK transfers. Free in-person and online payments. No fees for using your debit card abroad or withdrawing cash, both in the UK and overseas
• 24/7 UK-based customer support. Deposits protected up to £120,000 by the FSCS
• Free access to Starling Accounting Essentials: upload receipts, automatically categorise transactions, set money aside for tax in a separate Space. Free QuickBooks, Xero and FreeAgent integrations

But be aware that

• You can deposit cash at the Post Office for a 0.7% fee (minimum £3). Cheques up to £1,000 can be deposited for free in-app
• All Directors with access to the account must be UK residents and your business must be based in the UK
• To apply, you will need to provide evidence of your trading activities so your business can be easily verified

Great for

• Sole Traders, SMEs & Limited Companies. Apply online in minutes with easy set up all in one place. No credit checks or paperwork needed. Up to £120,000 of eligible deposits protected by the FSCS. Tide Business Current Account provided by ClearBank
• Get help whenever you need it with 24/7 in-app chat support, 365 days a year. Spend securely with virtual cards, Apple Pay and Google Pay, and freeze a lost or stolen card instantly
• Take contactless payments via Tap to Pay and online payment links. Send professional invoices and stay compliant with free, built-in Making Tax Digital tools—fully integrated with Sage, QuickBooks, and Xero.

But be aware that

• To apply for a registered business account you need to be registered with Companies House as a director of that company. Tide Business accounts are provided by ClearBank
• Bank transfers in or out via UK Faster Payments/BACS/CHAPS are charged at 20p each (5 free each month). Cash deposits via the Post Office cost £2.50 for deposits up to £500 or 0.5% of the total deposit amount for deposits over £50
• Tide Business accounts are provided by ClearBank

Great for

• Sole Traders, SMEs and Limited Companies. Apply online in minutes with easy set up all in one place. No credit checks or paperwork needed. Up to £120,000 of your eligible deposits protected by the FSCS
• Control and simplify team spend with 1 free Expense Card. 25 free transfers in & out per month. Trademark filing support, attach receipts all in the app. Syncs with your accounting software
• All your business finance admin needs in one secure app. Set up direct debits, categorise your transactions and create and manage invoices all via the app. Seamless integration with Sage, QuickBooks, Xero and more for easy reporting

But be aware that

• Monthly fee of £12.49 inclusive of VAT
• Cash deposits via the Post Office cost £2.50 for deposits up to £500 or 0.5% of the total deposit amount for deposits over £500. 0.5% cashback does not apply to this account
• Tide Business accounts are provided by ClearBank

Great for

• Free day-to-day online banking (excludes CHAPS and international payments). Plus Five-Star rated by Moneyfacts in 2025
• Earn 0.25% unlimited cashback on eligible debit card purchases, on up to 8 debit cards
• 6 months of free access to Xero accounting software, T&Cs apply. Plus easy integration with Xero, Sage, and Quickbooks

But be aware that

• Designed for businesses with an annual turnover less than £1m
• Must be based and operate in the UK (excluding Channel Islands, Isle of Man and Northern Ireland)
• All owners, directors, senior managers and account signatories must be over 18 years old

Great for

• Get 25 months free day-to-day banking if you're a new business, or just new to Virgin Money (excludes CHAPs and international payments)
• Earn 0.35% cashback on eligible debit card purchases (capped at £500 per calendar year, per debit card)
• 6 months of free access to Xero accounting software, T&Cs apply. Plus easy integration with Xero, Sage, and Quickbooks

But be aware that

• You must have a turnover of less than £6.5m per annum
• Must be based and operate in the UK (excluding Channel Islands, Isle of Man and Northern Ireland)
• All owners, directors, senior managers and account signatories must be over 18 years old

Great for

• Fast sign up - apply in minutes. No monthly or annual fees. FSCS protected up to £120,000 on eligible deposits
• Manage your account 24/7 in-app and online tools. Helpful UK telephone customer service
• Made for small businesses. In-app and online tools that take the effort out of money admin like cashflow tracking and integrated accounting

But be aware that

• Eligibility criteria apply, for UK businesses only, 18+ and UK resident
• First 3 payments sent each month are FREE & £0.35 for every transfer thereafter. Card transactions in the UK are FREE
• Overdraft available subject to approval