Open a Business Account

Better banking for your business starts here

  • Bank on-the-go 24/7 with our mobile app
  • First account with us? No account fee for a year then £8.50 per month

 

Open an account

Check if your business can apply

Reasons why a business account is the smart move


Whether you’re just starting your business, operating a savvy side hustle or you’re a freelancer or landlord, our Business Accounts can help you manage your finances.

Build customers’ trust by making payments feel more credible

No account fee for a year

No account fee for 12 months if it’s your first Business Account with us. Then £8.50 a month.

More information on our fees and charges.

Digital banking for real businesses

With us, there's no need to pick. Get simple, digital banking tools to run your business plus expertise from  real people when you need it.

Build customers’ trust by making payments feel more credible

No account fee for a year

No account fee for 12 months if it’s your first Business Account with us. Then £8.50 a month.

More information on our fees and charges.

Digital banking for real businesses

With us, there's no need to pick. Get simple, digital banking tools to run your business plus expertise from  real people when you need it.

Meet the Business Account that works as hard as you

 

Launching soon: new Lloyds accounting tool

  • Available for sole traders and landlords registered as sole traders.
  • Included with your Lloyds Business Account at no extra cost.
  • Streamline digital record-keeping, send quarterly HMRC updates and file tax return submissions.
Learn more about the tool
 

Grow with up to £5,000 credit

Once you’ve set up your new business current account, apply for credit using the app and get an instant decision1.

  • Options for a Business Credit Card or Business Overdraft.
  • Get an instant decision on up to £5,000 credit.
  • Kickstart your business, fund your growth, or cover unexpected costs.
 

Build your savings for the future

Open a business savings account - choose from an Instant Access Account, notice account, and fixed term deposit account. 


  • Be clever with your cash. Start small and earn interest from day one, so you can watch your savings grow.
  • Use our Business Savings Interest Calculator to see how our competitive interest rates could work for you.

Launching soon: new Lloyds accounting tool

  • Available for sole traders and landlords registered as sole traders.
  • Included with your Lloyds Business Account at no extra cost.
  • Streamline digital record-keeping, send quarterly HMRC updates and file tax return submissions.
Learn more about the tool

Grow with up to £5,000 credit

Once you’ve set up your new business current account, apply for credit using the app and get an instant decision1.

  • Options for a Business Credit Card or Business Overdraft.
  • Get an instant decision on up to £5,000 credit.
  • Kickstart your business, fund your growth, or cover unexpected costs.

Build your savings for the future

Open a business savings account - choose from an Instant Access Account, notice account, and fixed term deposit account. 


  • Be clever with your cash. Start small and earn interest from day one, so you can watch your savings grow.
  • Use our Business Savings Interest Calculator to see how our competitive interest rates could work for you.


1Apply online once your new Business Account is set up and you’ll get an instant decision. Eligibility for lending will be assessed as part of a separate application, and there is no guarantee of lending being granted. All lending is subject to status.


1Apply online once your new Business Account is set up and you’ll get an instant decision. Eligibility for lending will be assessed as part of a separate application, and there is no guarantee of lending being granted. All lending is subject to status.

Choose us and get more than just a bank account

 

Settle daily costs with a Business Debit Card

  • Withdraw up to £700 of cleared funds per day.
  • Use your card for on-the-go contactless transactions up to £100.
  • Speed up deposit transactions at branches using your card.

Take payments in person, online and over the phone

Get payment services you can trust. With options to suit your business needs - on the move, in your business premises, or countertop card readers.

Insurance to protect your business

Choose the right price and cover from a panel of leading insurers - online and over the phone.

 

Earn rewards with our Credit and Charge cards

  • Interest-free credit days on purchases.
  • Travel insurance included.
  • Earn cash back on fuel, electric vehicle charging, and other eligible purchases.
  • Manage your cash flow and expenses.
 

Settle daily costs with a Business Debit Card

  • Withdraw up to £700 of cleared funds per day.
  • Use your card for on-the-go contactless transactions up to £100.
  • Speed up deposit transactions at branches using your card.

Take payments in person, online and over the phone

Get payment services you can trust. With options to suit your business needs - on the move, in your business premises, or countertop card readers.

 

Earn rewards with our Credit and Charge cards

  • Interest-free credit days on purchases.
  • Travel insurance included.
  • Earn cash back on fuel, electric vehicle charging, and other eligible purchases.
  • Manage your cash flow and expenses.

Insurance to protect your business

Choose the right price and cover from a panel of leading insurers - online and over the phone.

Is this account right for my business?

You can apply for this account if: 

  • you’re at least 18 years old
  • you’re a UK resident and have a UK mobile phone number
  • you’re a sole trader or director of the business
  • the business has an annual turnover of £25 million or less
  • the business is trading from an address in the UK.

If you have a limited company: 

  • it must be registered in the UK with a UK trading address
  • it must have been registered with Companies House for at least four days
  • check that no changes have been made to the Companies House register in the past four days
  • it must have an ‘active’ status on the Companies House register.

Get ready to apply

What you'll need:

  • details about you, where you’ve lived, and your tax status
  • information about your business, including what you do, who you work with, and where you work
  • a way to take a live photo of your signature and one of yourself
  • a form of ID such as your passport or UK driving license
  • proof of your business address such as a utility bill.

Is this account right for my business?

You can apply for this account if: 

  • you’re at least 18 years old
  • you’re a UK resident and have a UK mobile phone number
  • you’re a sole trader or director of the business
  • the business has an annual turnover of £25 million or less
  • the business is trading from an address in the UK.

If you have a limited company: 

  • it must be registered in the UK with a UK trading address
  • it must have been registered with Companies House for at least four days
  • check that no changes have been made to the Companies House register in the past four days
  • it must have an ‘active’ status on the Companies House register.

Get ready to apply

What you'll need:

  • details about you, where you’ve lived, and your tax status
  • information about your business, including what you do, who you work with, and where you work
  • a way to take a live photo of your signature and one of yourself
  • a form of ID such as your passport or UK driving license
  • proof of your business address such as a utility bill.

Download the app to apply

Explore our brilliant everyday banking features.

  • Make payments up to £250,000 each day.
  • View or share payment receipts by email, WhatsApp, or SMS.
  • Approve online debit card purchases.

Available on the Apple App Store and Google Play store.

More on the app
 

Download the app to apply

Explore our brilliant everyday banking features.

  • Make payments up to £250,000 each day.
  • View or share payment receipts by email, WhatsApp, or SMS.
  • Approve online debit card purchases.

Available on the Apple App Store and Google Play store.

More on the app

Frequently asked questions

Independent service quality survey results

Business current accounts

Published February 2026

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of each of the 17 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 Mettle 83%, 3rd Starling Bank 81%, 4th Handelsbanken 75%, 5th Tide 70%, equal 9th Lloyds Bank 59%

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

Lloyds Bank plc is an introducer to Arthur J. Gallagher Insurance Brokers Limited who arrange and administer Lloyds Bank Business Insurance Services and source products from a panel of insurers.