Compare Business
Bank Accounts

  • Check the latest and Best selected Business Bank Accounts available from the major high street banks with our easy to digest comparison table.
  • To help you decide on the best option based on your business financial needs, here you will find the latest information on Business account features and benefits.

Start up / Newly formed company

Starling Business Bank Account

Monthly Account Fee

No Fee

Bank Transfers

No Fee

Card Purchases

No Fee

Overdraft Availability

✗ *

Bank Access

App & Online

I/O Cash Payments

£3 up to £1k then 0.3%

* Starling Bank is not currently accepting overdraft applications outside of the government-backed lending schemes

You can apply if:

•  You’re 18 or over

•  You’re a UK resident

•  You’ll have proof of your identity and address

Interest Rate. 0% AER

No monthly fees or UK payment charges. Enjoy award-winning business banking stacked with money management tools for £0 per month.

24/7 UK support. Our customer support team are based in the UK and on hand whenever you need them.

Spending analytics. Break down your monthly spending and automatically sort it by category.

Instant payment notifications. Get notified the second you pay or get paid, and get a reminder the day before a payment is due.

Deposit cash easily at your local Post Office and deposit cheques of £500 or less via the Starling app.

Digital receipts. Keep your files in order by adding digital receipts to payments.

Separate spaces for separate costs. Set things like tax and overheads to one side.

Automated accounting. Seamlessly link your account with QuickBooks, Xero and FreeAgent and never manually upload a statement again.

Safe & secure. Sleep easy knowing your eligible deposits are covered up to £85,000 by the Financial Services Compensation Scheme.

Overdrafts With no Account Fee***

Metro Business Bank Account

Monthly Account Fee

£6 ***

Bank Transfers

No Fee

Card Purchases

No Fee

Overdraft Availability

Bank Access

Branch, App & Online

I/O Cash payments

0.70%

*** FREE if you keep your balance at £6,000 or more per month.

  • We will need proof of ID and proof of address for:

     

    account operators (authorised signatories or nominated persons)

    responsible individuals (anyone who directly or indirectly controls 25% or more of your business shares)

    company officials

  • Proof of identity

    A valid passport, EU national ID card or UK driving licence is ideal, and may be all we need

  • Proof of address

    Must have your name and current address on it. We only accept originals. It’s handy to have 2 of these with you, just in case.

  • Check the Bank’s website for more information on what’s required if you are one of the below:

    As a Sole Trader

    As a Partnership

    As a Limited Liability Partnership

    As a Limited Company

Card purchases Interest Rate

0% within Europe and 2.99% outside Europe.

Personal service.

Your Local Business Manager can help support your business. Visit them in person, send them an email or give them a call.

No monthly fee.

Keep your balance at £6,000 or more for the whole month and we’ll waive your monthly fee.

Apply online.

Open an account in minutes. Applying is easy and works great on your mobile phone.

Smart accounting software.

We give you the tools to keep your business running like clockwork. We’re talking digital receipt capture, direct bank feeds with Xero, and more.

Expert advice from Enterprise Nation.

We’ve partnered with Enterprise Nation to give you a year’s free access to their network of trusted business support.

Soft Credit Check will not damage your credit report

Starling Business Bank Account

Monthly Account Fee

No Fee

Bank Transfers

No Fee

Card Purchases

No Fee

Overdraft Availability

✗ *

Bank Access

App & Online

I/O Cash payments

£3 up to £1k then 0.3%

* Starling Bank is not currently accepting overdraft applications outside of the government-backed lending schemes

You can apply if:

•  You’re 18 or over

•  You’re a UK resident

•  You’ll have proof of your identity and address

Interest Rate. 0% AER

No monthly fees or UK payment charges. Enjoy award-winning business banking stacked with money management tools for £0 per month.

24/7 UK support. Our customer support team are based in the UK and on hand whenever you need them.

Spending analytics. Break down your monthly spending and automatically sort it by category.

Instant payment notifications. Get notified the second you pay or get paid, and get a reminder the day before a payment is due.

Deposit cash easily at your local Post Office and deposit cheques of £500 or less via the Starling app.

Digital receipts. Keep your files in order by adding digital receipts to payments.

Separate spaces for separate costs. Set things like tax and overheads to one side.

Automated accounting. Seamlessly link your account with QuickBooks, Xero and FreeAgent and never manually upload a statement again.

Safe & secure. Sleep easy knowing your eligible deposits are covered up to £85,000 by the Financial Services Compensation Scheme.

Last updated on 03 January 2022

We did the research for you

We selected the best options available at the time of publish and we will keep updating them regularly.

The fees listed above are accurate at the time of publish. To make sure you have the best deal for your money, we review the listed fees on a regular basis so we can reflect the most accurate selections in the Banking market. Please check our Terms of use policy.

If you think there is an error in the published data, please report it to us using our Contact us form