Business Bank Accounts - No Credit Checks

  • Get a business bank account without the need for credit checks.
  • Make the most of business banking service regardless of your credit rating.
  • Compare business bank accounts with no credit checks from leading UK providers.

Choose your business current account options

14 products found
    • 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
    • See 1 more Cashplus product
    • Tide logo

      Tide Business Bank Account

      • Monthly Fee
        Free
      • Card Purchases
        Free
      • Bank Transfers
        20p
      • Overdraft
      • Access
        App & Online
    • Tide logo

      Tide Plus Business Bank Account

      • Monthly Fee
        £9.99
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App & Online
    • See 1 more Tide product
    • ANNA Money logo

      ANNA Money £0 a month

      • Monthly Fee
        Free
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App only
    • ANNA Money logo

      ANNA Money £19.90 a month

      • Monthly Fee
        £19.90
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App only
    • ANNA Money logo

      ANNA Money £9.90 a month

      • Monthly Fee
        £9.90
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App only
    • ANNA Money logo

      ANNA Money £4.90 a month

      • Monthly Fee
        £4.90
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App only
    • See 3 more ANNA Money products
    • Countingup logo

      Countingup Business Account (Starter)

      • Monthly Fee
        Free
      • Card Purchases
        Free
      • Bank Transfers
        20p
      • Overdraft
      • Access
        App only
    • Countingup logo

      Countingup Business Account (Premium)

      • Monthly Fee
        £9.95
      • Card Purchases
        Free
      • Bank Transfers
        20p
      • Overdraft
      • Access
        App only
    • Countingup logo

      Countingup Business Account (Standard)

      • Monthly Fee
        £4.95
      • Card Purchases
        Free
      • Bank Transfers
        20p
      • Overdraft
      • Access
        App only
    • See 2 more Countingup products
  • Starling Bank logo

    Starling Business Bank Account

    • Monthly Fee
      Free
    • Card Purchases
      Free
    • Bank Transfers
      Free
    • Overdraft
    • Access
      App & Online
  • CardOneMoney logo

    CardOneMoney Business Account

    • Monthly Fee
      £12.50*
    • Card Purchases
      Free
    • Bank Transfers
      30p
    • Overdraft
    • Access
      App & Online
  • Acorn logo

    Acorn Business Account

    • Monthly Fee
      £12.50
    • Card Purchases
      Free
    • Bank Transfers
      30p
    • Overdraft
    • Access
      App & Online

Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. Use the drop down menu at the top of the page to order by other criteria.

Award-winning comparisons you can trust

It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.

Information written by Brean Horne Last updated on 18 October 2021.

Can I open a business account with bad credit?

It is possible to get a business bank account if you have bad credit or no credit history. Business accounts with no credit checks are designed to help companies manage their finances regardless of their credit rating.

Business accounts for bad credit may be useful for managing your company’s expenses. They could help to

  • Separate your business accounts: Keeping your business and personal accounts separate helps you keep accurate records of your finances.
  • Get access to business finance: Most lenders require companies to have a business bank account before they lend money.
  • Looks professional: Having a separate business bank account can help you look more professional to customers.

What are the features of a business bank account with no credit checks?

Most business bank accounts with no credit checks offer the following features:

  • debit card
  • online banking
  • scheduled and recurring payments
  • cash deposits
  • spending insights
  • business expense cards
  • invoices
  • Post Office banking
  • customer support
  • account manager or account management tools

What are the benefits of a no credit check business account for someone with bad credit?

A business bank account with no credit checks can offer the following benefits:

  • No credit checks: Business bank accounts for bad credit don’t run credit checks when you apply for an account.
  • FSCS protection: Some providers offer protection for up to £85,000 of your money under the Financial Services Compensation Scheme, but your business will need to meet certain eligibility criteria.
  • Spending insights: You can keep track of your company expenses digitally and get instant payment notifications.
  • Digital invoices: Some providers offer digital invoices to help you keep more accurate payment records.

What are the disadvantages of a no credit check business account for someone with bad credit?

The main disadvantages of a no credit check business account are:

  • No overdrafts: Unlike traditional current accounts, most business accounts for bad credit don’t come with an overdraft facility.
  • No interest: Business accounts for bad credit don’t usually offer interest on in-credit account balances.

Am I guaranteed a business bank account with no credit check?

A business bank account with no credit is not guaranteed. Companies need to meet the provider’s eligibility criteria and accept their terms and conditions before they qualify for an account.

Is it free to open a business bank account with no credit check?

Most business bank accounts with no credit checks charge fees, transaction charges or both. Some business bank accounts with no credit checks are free to open but charge a monthly account fee later on if your business income increases.

Common fees for business bank accounts with no credit check to look out for include:

  • foreign transaction fee
  • cash withdrawals
  • direct debit payments
  • issuing additional or replacement cards
  • admin and sending letters
  • account management tools

How do I open a business bank account without credit checks?

You can apply for most business bank accounts without credit checks online and will need to supply the following information:

  • Personal details: your name, address and contact details
  • Partner details: the details of anyone else using the account including partners, directors and employees
  • Business details: the name, legal status and contact details of your business
  • Business finances: estimated turnover and any bankruptcy information

Some providers may request documents to prove your identity, such as a passport or driving licence. You may need to provide proof of address and send a utility bill, council tax or bank statement from within the last three months.

The length of time it takes to open a business account without credit checks varies between providers and some accounts can be opened within minutes.

How do I choose the best business account with no credit checks?

Our comparison table shows the features and services offered by each business bank account with no credit checks.

You can use our account breakdown to compare each business bank account with no credit check and decide which one could help you manage your money and improve your credit score.

No credit check business bank accounts FAQs

Can I get a business account if I have a CCJ?

Yes, it is possible to open a business bank account with a county court judgment (CCJ). Business bank accounts with no credit checks don’t run a hard credit search when you apply for an account. That means that if you have poor credit or little credit history at all, you can still apply for an account.

Will I be credit checked for a business bank account?

Providers may run a credit search depending on the type of business account you apply for. Most banks run a hard credit search if you apply for a traditional business bank account. Business bank accounts with no credit check don’t require a credit search when you apply for an account.

Does applying for a business bank account affect your credit score?

It depends on the type of business bank account you apply for. Applying for a traditional business bank account may affect your credit score because providers run a hard credit check when you apply for an account, which may affect your credit score. Your credit score is unlikely to change if you apply for a business bank account with no credit check because providers do not look through your credit history when an application is made.

Can my personal bad credit be traced to my business account?

Some lenders look at both your personal credit history and your business credit history when you apply for a business bank account. So a poor personal credit history may impact on your ability to access financial products for your business.

Do business accounts show up on personal credit?

If you are a sole trader, any bank accounts with an overdraft facility will appear on your credit report. That’s because your business is not legally separate from you and your finances are considered one and the same. If you have a limited company, your business accounts will show up on your business credit report rather than your personal credit file. It is treated differently because a limited company is considered a separate legal and financial entity.

What is a business credit score and how does it affect business banking?

If you set up a limited company, the business is considered a separate legal entity to you and will have its own business credit score. Having a good business credit score can help you access a wider range of business finance at lower interest rates, while a lower business credit score can limit the products available to your company.

Can I be a director with bad credit?

Yes, it is possible to be a director with bad credit because a limited company is a separate legal entity from you, so your personal credit score may not directly affect the business.

How can I improve my business credit score?

These simple tips can help to improve your business credit score:

  • Pay invoices on time: Paying your creditors on time shows that your company is reliable with repayments and good at managing money.
  • File accounts on time: Filing business accounts with Companies House and tax returns to HMRC on time can help improve your credit score.
  • Limit credit applications: Making lots of credit applications can negatively affect your credit score, which could affect your chances of being approved for credit.

Will my current bank offer me a no credit check business account?

Not all banks offer business bank accounts with no credit checks. It’s always worth checking the terms and conditions of the business accounts on offer before applying. If anything is unclear, get in touch with their customer service team for clarification.

Do I need a business bank account or a personal bank account?

In the UK, if you have a limited company you need to open a separate business bank account because a limited company is a separate legal entity to you, so you have to keep your personal finances separate from your business ones. It is possible to use a personal business account for company expenses if you are a sole trader. But this can make managing your company finances tricky. It may be easier to keep more accurate records by opening a separate business bank account.

Can you be denied a business bank account?

A business bank account application may be denied for many reasons including if:

  • You don’t meet the provider’s eligibility requirements.
  • The identification documents you provided are invalid.
  • You have a fraud conviction.
  • You’re suspected of money laundering.
  • You have a poor credit history.

What can I do if I have been refused a business account?

It’s worth asking a lender why you have been refused a business bank account. If it is related to incorrect information in your application or sending the wrong documents, you may be able to reapply with the correct details. If you have been refused due to your credit history, it may be worth considering a no credit check business bank account or a prepaid business bank account, which does not run a credit search during the application process.

About the author:

Brean is a personal finance writer at NerdWallet. She covers a range of financial topics and has written for consumer titles including Which?, Moneywise and The Motley Fool. Read more

Featured brands

View all Business Bank Accounts providers