10 min read
Do you need a business bank account for a limited company?
A limited company is a separate legal person. Mixing its money with yours causes problems with tax, accounting, and — eventually — your bank.
UK business banking, compared
Find the right business bank account — without the sales pitch.
Honest side-by-side reviews of the six UK business accounts small businesses actually consider: Tide, Starling, Monzo, Revolut, Mettle and Cashplus. Fees, features, and the trade-offs nobody else spells out.
Picking a business bank account in the UK should be simpler than it is. Every provider pitches themselves as the obvious choice. In reality the right one depends on whether you're a sole trader, a limited company, how often you take cash, and whether FSCS protection matters to you. This site compares the six accounts worth shortlisting and spells out the trade-offs.
Compare UK business accounts
The six accounts most UK small businesses end up choosing between. Tap any row for the full review.
Tide
Safeguarded- Fee
- From £0
- Best for
- Sole traders and freelancers
- Free transfers
- 20 free transfers per month on Free plan
Starling Bank
FSCS- Fee
- £0 (sole trader and limited company)
- Best for
- Limited companies wanting a real bank
- Free transfers
- Unlimited UK transfers
Monzo Business
FSCS- Fee
- £0 Lite / £9 Pro
- Best for
- Businesses already banking personally with Monzo
- Free transfers
- Unlimited UK transfers on both plans
Revolut Business
Safeguarded- Fee
- Free / £19 / £79 / £150 tiers
- Best for
- Cross-border and multi-currency businesses
- Free transfers
- 5 free local transfers/month on Free, more on paid
Mettle
Safeguarded- Fee
- £0
- Best for
- Very small businesses on a zero-fee budget
- Free transfers
- Unlimited UK transfers
Cashplus Bank
FSCS- Fee
- £0 Go / £9 Extra / £69/year Pro
- Best for
- Businesses that want a UK-licensed bank with easy onboarding
- Free transfers
- Limited free transfers on Go, more on paid tiers
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