Business bank accounts

Business Accounts equipped with all the essentials you need

Free accounting software to help you stay on top of your finances

No account fee for 12 months if it’s your first business account with us

Instant decision on up to £5,000 credit as a start-up or up to £25,000 as a switcher*

Stay in control of your finances 

Our free accounting software connects straight to your Business Account, giving you visibility and control, so you'll always be on top of your finances. 

  • Simplify your expenses and automate business admin tasks 
  • Create and send professional looking invoices 
  • Digitally submit VAT to HMRC and be on top of your VAT position all year round.

More on our accounting software

Access the finance you need

You can apply for up to £5,000 as a start-up or up to £25,000 as a switcher across a Business Credit Card or Business Overdraft, meaning you could: 

  • Get the finance you need in a flexible way 
  • Help you grow or get your business off the ground 
  • Cover unexpected costs 

Apply via the app once your account is set-up

 

Apply for a Business Account in minutes using our mobile Banking App

Download the app to apply.

You must be 18 years old or over.  

  • Download on the App Store
  • Get it on Google Play

 

 

Apply for a Business Account in minutes using our mobile Banking App 

Download the app to apply.

You must be 18 years old or over.  

  • Download on the App Store
  • Get it on Google Play

Access to the tools you need to help your business grow

Protect your business with our Business Insurance

  • Protect your business against unforeseen circumstances, such as liability claims and property damage.
  • To secure the right price and cover, you’ll have access to a panel of leading insurers both online and over phone. 
  • Quick quote online today with support from a specialist team over the phone if you need it. 

Earn interest on your savings 

  • Open your savings account with as little as £1  
  • Earn interest from day one 
  • Use our Business Savings Interest Calculator to work out how much interest you could earn 

We make it easy for you to do business overseas

  • Make international payments 24/7 
  • Send and receive money in most currencies 
  • Schedule payments in advance 

Manage your cash flow and expenses whilst earning rewards with our Credit and Charge cards 

  • Up to 56 days’ interest-free credit 
  • Travel insurance included   
  • Earn cash back on fuel, electric vehicle charging, as well as on other eligible purchases

Our payment solutions help take the hassle out of taking payments

  • Take payments from anywhere 
  • Enable customers to pay how they choose 
  • Get real-time sales data 

Switch your business account

Switch to us with ease using the Current Account Switching Service. Once your account is opened, everything will be switched within 7 days.  

Switch today
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Find out how we’ve helped businesses like yours succeed

Digital business banking helped Notpla grow their business 

The fast-growth start-up used our Business Account to help accelerate their sustainable packaging mission. 

Read Notpla’s growth story

Cavan Bakery are making business expansion their bread and butter

They’re making more artisan bread and cakes, more efficiently, thanks to new premises and equipment that we helped finance.

Read Cavan Bakery’s story

Not a business?

Check out our other accounts that could suit your organisation.

Treasurer’s Accounts

For Charities and not-for-profits with an annual turnover under £50,000. 

More on Treasurer’s Accounts

School Bank Account

For state-funded schools and Academies. 

Explore School Bank Account

Credit Union Account

For Credit Unions needing a package of banking services. 

Credit Union Account

Frequently asked questions

Protecting your money, FSCS protected

Financial Services Compensation Scheme

Eligible deposits with Lloyds Bank plc are protected up to a total of £85,000. Due to eligibility criteria, not all business customers will be covered.

More about the FSCS

See how we compare in the market

Review alternative sources of business finance and compare products and services.

Alternative Business Funding

Funding options

Funding Xchange

Swoop

*Eligibility criteria apply

1Electronic payments include:

  • Direct Debits
  • Standing Orders
  • Faster Payments Debits
  • Internet/Phonebank Debits
  • Internet Bulk Payments.

Independent service quality survey results

Business current accounts


Published August 2024

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of each of the 16 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs*). The results represent the view of customers who took part in the survey.
 

Overall service quality

We asked customers how likely they would be to recommend their business current account provider to other SMEs.

*SMEs include businesses, clubs, charities and societies with an annual turnover/income of up to £25m (exclusive of VAT and other turnover-related taxes).

Ranking

Business current accounts overall service quality survey results: 1st monzo 85%, 2nd Starling Bank 83%, equal 3rd Tide 75%, equal 3rd Handelsbanken 75%, 5th Zempler Bank 69%, equal 7th Lloyds Bank 61%

View the full set of results

The requirement to publish the Financial Conduct Authority Service Quality Information for business current accounts can be found here