Cashplus Business Bank Accounts

Cashplus Business Bank Accounts logo
  • Cashplus provide a business card account that offers an alternative to traditional high street business banking.
  • You can compare features of the Cashplus Business Account in the table below.
  • Please click on the links provided for further information or to apply online.
See deal Browse Cashplus Business Bank Accounts FAQs

Compare Cashplus Business Bank Accounts

  • Cashplus logo

    Cashplus Business Bank Account

    • Monthly Fee
      Free
    • Card Purchases
      Free
    • Bank Transfers
      30p
    • Overdraft
    • Access
      App & Online
  • Cashplus logo

    Cashplus Business Bank Account with Cashback

    • Monthly Fee
      £69 per year
    • Card Purchases
      Free
    • Bank Transfers
      99p
    • Overdraft
    • Access
      App & Online

Compare products from other providers

  • HSBC logo

    HSBC Kinetic Business Current Account

    • Monthly Fee
      £6.50*
    • Card Purchases
      Free
    • Bank Transfers
      Free
    • Overdraft
    • Access
      App & Online
  • Virgin Money logo

    Virgin Money Business Current Account

    • Monthly Fee
      £6.50
    • Card Purchases
      Free
    • Bank Transfers
      Free
    • Overdraft
    • Access
      Branch, app & online
  • Virgin Money logo

    Virgin Money M Account for Business

    • Monthly Fee
      Free
    • Card Purchases
      Free
    • Bank Transfers
      Free
    • Overdraft
    • Access
      App/Online
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Last updated on 09 November 2020.

Cashplus Business Accounts FAQ

Who is Cashplus?

Cashplus is a UK-based provider of finance and banking services. Established in 2005, it continues to offer a range of digital banking services, including current accounts, business expense cards and credit cards to individuals and businesses.

What services and products does Cashplus offer?

Cashplus offers services to both businesses and individual consumers including travel currency cards, business expense cards, cash flow finance and credit cards.

Who can apply for Cashplus business accounts?

Cashplus funds businesses registered in the UK who are public or private organisations, sole traders, limited companies & partnerships, multinationals, charities or government entities.

Who does Cashplus lend to?

Cashplus lends to businesses in many industries such as construction, manufacturing, education, real estate, retail, transportation, arts, hospitality and consulting. Accounts are offered to organisations of many different sizes and structures.

What can I use a Cashplus business account for?

Businesses can use the money they borrow from Cashplus for almost any business-related purpose. This can include supporting company growth, stock and new equipment purchases, investing in new premises or working capital.

How do I apply for a Cashplus business account?

To apply for a Cashplus business loan, use the comparison bars above to navigate to the company’s website. You can then click on the ‘Apply Now’ button and fill in an information request sheet with details of your business. You will then be required to set up an account and a member of the Cashplus team will be in contact with feedback on your application.

How does a business account work?

Cashplus business accounts allow businesses to receive funds for business-related purposes and receive multiple cards for employees. The account is centrally controlled with the option to allocate funds to certain cards.

How much does a Cashplus Business Account cost?

Click the ‘see deals’ link in the comparison table for deals on Cashplus business accounts and the latest pricing.

How does Cashplus manage your funds?

Any funds you load into a Cashplus business account are not used for other purposes, such as investment or to fund other customers. Cash can be paid into an account via a recognised entity, such as a UK Post Office, or loaded via bank transfer and will then be available to you for withdrawal or for online and store payments.

How can money be loaded into a Cashplus business account?

Money can be loaded into a Cashplus business account through an online bank transfer or by depositing cash at a Post Office based in the UK. Cashplus has an arrangement that allows account holders to withdraw and deposit funds at any UK Post Office.

Is my money protected with Cashplus?

Cashplus is not a bank and therefore not a member of the Financial Services Compensation Scheme (FSCS).

However, Cashplus customers’ funds are kept in a regulated bank account with The Royal Bank of Scotland (RBS), separate from any Cashplus company money, in accordance with the Electronic Money Regulations. In the unlikely event of Cashplus (the trading name of Advanced Payment Solutions Limited) becoming insolvent, your funds are required to be repaid from this segregated account.

How does Cashplus vet its borrowers?

When considering your application, Cashplus may look at several factors relating to your business. This will include eligibility criteria such as your company history and other details you provide in the online application form.

Where can I get Cashplus business account reviews?

To access reviews of the Cashplus business bank account visit Trustpilot or other review sites.

Services offered by this provider may change over time. Always check Ts&Cs.