Open a Business Account for start-ups

One million UK businesses already bank with us. Join them.

  • Apply online in minutes.
  • Instant decision on up to £5,000 credit.1
  • First account with us? No account fee for a year then £8.50 per month.
  • Keep control of your finances with free accounting software.

 

Open an account

 

Check if your business can apply

Get a bank account that works as hard as you

Complimentary accounting tools

Balance your books with free accounting software.

No account fee for a year

No account fee for 12 months if it’s your first Business Account with us.

More information on our fees and charges.

Quick business credit

Borrow to grow your business. Get an instant decision on up to £5,000 credit1. 

Apply now

Complimentary accounting tools

Balance your books with free accounting software.

No account fee for a year

No account fee for 12 months if it’s your first Business Account with us.

More information on our fees and charges.

Quick business credit

Borrow to grow your business. Get an instant decision on up to £5,000 credit1. 

Apply now

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.

 

Stay on top of your books with our accounting tools

  • Simplify your expenses and automate business admin tasks. 
  • Create and send professional invoices.
  • Streamline your reporting. Send VAT returns directly to HMRC.
 

Build your business savings over time

Save and earn with a Savings Account

Once you’ve opened your Business Account, you can easily set aside money using one (or more) of our savings accounts. Build a financial back-up for your business and get your money working harder with competitive interest rates.

 

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 yourself
  • your signature, and a form of ID such as a UK driving license or passport, and possibly some other documents.

Check if your business can apply

Start your application
 

Stay on top of your books with our accounting tools

  • Simplify your expenses and automate business admin tasks. 
  • Create and send professional invoices.
  • Streamline your reporting. Send VAT returns directly to HMRC.
 

Build your business savings over time

Save and earn with a Savings Account

Once you’ve opened your Business Account, you can easily set aside money using one (or more) of our savings accounts. Build a financial back-up for your business and get your money working harder with competitive interest rates.

 

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 yourself
  • your signature, and a form of ID such as a UK driving license or passport, and possibly some other documents.

Check if your business can apply

Start your application

Business banking at your fingertips with our mobile app

 

Brilliant everyday banking features

  • View all your accounts, search transactions and get paper-free statements.
  • View or share payment receipts by email, WhatsApp, or SMS.
  • Approve online debit card purchases.

Deposit cheques up to £10,000 and make payments up to £250,000 each day

 

Plan for upcoming payments

Conveniently view and manage your direct debits and standing orders so you can help stay on top of your business finances.

Log in with your fingerprint, Face ID, or your memorable information

Apply now

Business banking at your fingertips with our mobile app

 

Brilliant everyday banking features

  • View all your accounts, search transactions and get paper-free statements.
  • View or share payment receipts by email, WhatsApp, or SMS.
  • Approve online debit card purchases.

Deposit cheques up to £10,000 and make payments up to £250,000 each day

Log in with your fingerprint, Face ID, or your memorable information

 

Plan for upcoming payments

Conveniently view and manage your direct debits and standing orders so you can help stay on top of your business finances.

Apply now

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.
Apply now
Apply now

Frequently asked questions

Frequently asked questions

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

Protecting your money

The Financial Services Compensation Scheme (FSCS) protects up to £85,000 of the eligible money you hold with us.

 

More about the FSCS

Independent service quality survey results

Business current accounts

Published February 2025

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 82%, 3rd place Handelsbanken 77%, 4rd place Tide 75%, 5th place Zempler Bank 69%, 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