Cynergy BankEarn 3.50% AER variable on balances up to £10,000; 0.10% on amounts above thatOpen accounts in GBP, EUR and USD.UK bank transfers are free for standard electronic transactions, including Faster Payments (up to 100 transactions per month).Fee free for 12 months; £5 per month thereafter (new accounts only)
HSBCIn-app payments of up to £25,000 per dayScan and deposit cheques (50p per cheque)Monthly cashflow outlook and auto-categorised transactionsKinetic: Free (transaction fees apply)Small Business Banking: Free(transaction fees apply)
TideNo fees on card payments in UK or abroad (on paid plans), Tide Mastercard, instant invoicing, integration with FreeAgent, Sage and Xero Free (£0)Smart (£12.49 per month)Pro (£24.49 per month)Max (£69.99 per month)
AirwallexLocal bank accounts in 20 currenciesFree local transfers to over 120 countriesCompany and employee cardsFree (£0 if you keep your balance above £10,000 per month, otherwise £19 per month)Grow (£49 per month) Small currency conversion fee applies
ANNASmart invoicing, automatically chase outstanding paymentsPay-as-you-go tariff: pay 29p per transaction Business package: £19.90 per month + VATUnlimited account: £49.90 per month + VAT
Countingup2-in-1 business account and accounting app. Automated bookkeeping, professional invoices and automated receipt scanning as key features along with tax calculated and filed for youFirst three months free then: £3 a month if you deposit up to £750; £9 if you deposit £750-£750,000; £18 a month unlimited deposits
RevolutHold, exchange and transfer currencies with real exchange rate, issue free corporate cards to employees, integrate with accounting softwareCompanies pay between £10 – £90 a month, depending on the account (or they can speak to Revolut and get a bespoke deal)Freelancers pay a variable sum for Revolut Pro
CardOneMoneyFor companies with turnover of less than £2m. Text alerts confirming when money is in and to confirm that bills have been paid£12.50 a month plus a £55 application fee
Transaction fees also apply
Zempler BankA range of feature-rich business accounts that include 24/7 support, expense cards, and the ability to make post office depositsBusiness Go: £0 per monthBusiness Extra: £9 per monthBusiness Pro: £19 per month
Equals MoneyCustomisable physical and virtual expense cardsSend and receive money in 38 currencies with multi-currency accountsExpense platform gives you oversight of dataBusiness Tier: £250 per yearBusiness Plus Tier: £350 per yearEnterprise Tier: Custom pricingMulti-currency accounts: Custom pricing
MettleCreate and send invoices directly from your smartphone, complete with company logoAdd receipts to transactionsCan connect with Xero, Freeagent and QuickbooksFree to use and free to join
MonzoIntegrations with Xero, FreeAgent and QuickBooks; set aside a percentage of your earnings to put towards tax every time you’re paidLite: FreePro: £5 per monthTeam: £25 per month
Starling BankNo monthly fees, categorised transactions, integration with Xero, FreeAgent and Quickbooks, overdraft facilityNo monthly feeCan add a monthly £7 ‘business toolkit’ for extra functionality
Wise for BusinessGet a Wise business debit card too where you can earn 0.5 per cent cashback on all eligible business debit card transactionsIt costs £45 to open an account but there is no monthly maintenance fee
SumUpYou can link your MasterCard with Apple Pay and Google Pay to make faster payments. With a SumUp card reader, you can also make a sale and access your money in one daySumUp also has a built-in invoicing tool so you can send customised invoices from your phone or your computer. Free (other charges apply)
