Compare Sole Trader Business Bank Accounts

Product Features

• Instant Account Number and Sort Code
• No credit checks to open an account
• Business cash advance facility available to eligible customers

Eligibility Criteria

• UK Businesses
• Application to be made by UK Director over age of 18
• Overdraft available subject to eligibility

Product Features

• Instant Account Number and Sort Code
• No credit checks to open an account
• Earn 1% Cashback on the first £100,000 of eligible card purchases each calendar month

Eligibility Criteria

• UK Businesses
• Application to be made by UK Director over age of 18
• Overdraft available subject to eligibility

Product Features

• Contactless MasterCard - with unlimited free purchases in any currency, plus add up to 35 team cards for free
• Instant invoicing directly from your Tide app
• FSCS protected

Eligibility Criteria

• For registered business account: you must be registered with UK Companies House as a director of that company or partnership
• For sole trader account: you must be a UK based sole trader/freelancer
• For all accounts: you must be aged 18+, have a valid UK phone number and address, and hold compatible device registered to a UK App or Google Play store

Product Features

• Priority business support
• Free transfers
• Free legal advice

Eligibility Criteria

• For registered business account: you must be registered with UK Companies House as a director of that company or partnership
• For sole trader account: you must be a UK based sole trader/freelancer
• For all accounts: you must be aged 18+, have a valid UK phone number and address, and hold compatible device registered to a UK App or Google Play store

Product Features

• Business account and tax app for your small business
• This plan has monthly limits of £500 income, £5,000 maximum balance, 2 UK transfers (in or out) and £100 ATM withdrawals
• Instant Invoicing, Receipt Scanner, Automated Bookkeeping, Business expense cards for employees, virtual debit cards

Eligibility Criteria

• You can open an account if you are a Sole Trader, Director of a Limited Company (and listed on Companies House), or a Partner in a Limited Liability Partnership
• Your business should be located within the UK and you also need to have a UK residential address
• Not available to charities

Product Features

• Full invoice/expense features including accountant access and invoices with no ANNA branding
• This plan has monthly limits of £20,000-£100,0000 income, £700,000 maximum balance, unlimited UK transfers (in or out) and £10,000 ATM withdrawals
• Multiple access for unlimited users
• Instant Invoicing, Receipt Scanner, Automated Bookkeeping, Business expense cards for employees, virtual debit cards

Eligibility Criteria

• You can open an account if you are a Sole Trader, Director of a Limited Company (and listed on Companies House), or a Partner in a Limited Liability Partnership
• Your business should be located within the UK and you also need to have a UK residential address
• Not available to charities

Product Features

• Full invoice/expense features including accountant access and invoices with no ANNA branding
• This plan has monthly limits of £2,000-£20,000 income, £120,000 maximum balance, 35 UK transfers (in or out) and £2,000 ATM
• Instant Invoicing, Receipt Scanner, Automated Bookkeeping, Business expense cards for employees, virtual debit cards withdrawals

Eligibility Criteria

• You can open an account if you are a Sole Trader, Director of a Limited Company (and listed on Companies House), or a Partner in a Limited Liability Partnership
• Your business should be located within the UK and you also need to have a UK residential address
• Not available to charities

Product Features

• Business account and tax app for your small business
• This plan has monthly limits of £500-£2,000 income, £25,000 maximum balance, 4 UK transfers (in or out) and £300 ATM withdrawals
• Instant Invoicing, Receipt Scanner, Automated Bookkeeping, Business expense cards for employees, virtual debit cards

Eligibility Criteria

• You can open an account if you are a Sole Trader, Director of a Limited Company (and listed on Companies House), or a Partner in a Limited Liability Partnership
• Your business should be located within the UK and you also need to have a UK residential address
• Not available to charities

Product Features

• Open an account in 5 minutes - instant account number, sort code and Mastercard in days
• Business account and accounting software in one app - instant automated bookkeeping, receipt tracker and invoice management
• £500 maximum monthly deposit on this plan

Eligibility Criteria

• To open an account you must be a UK resident, at least 18 years old and running a small business (Sole Trader/Director of a limited company)
• If your maximum monthly deposit is exceeded, then your account will automatically upgrade to the appropriate subscription plan. You will not be able to downgrade from this plan.

Product Features

• Open an account in 5 minutes - instant account number, sort code and Mastercard in days
• Business account and accounting software in one app - instant automated bookkeeping, receipt tracker and invoice management
• Unlimited deposit on this plan subject to maximum balance and daily transaction limits

Eligibility Criteria

• To open an account you must be a UK resident, at least 18 years old and running a small business (Sole Trader/Director of a limited company)

Product Features

• Open an account in 5 minutes - instant account number, sort code and Mastercard in days
• Business account and accounting software in one app - instant automated bookkeeping, receipt tracker and invoice management
• £4,000 maximum monthly deposit on this plan

Eligibility Criteria

• To open an account you must be a UK resident, at least 18 years old and running a small business (Sole Trader/Director of a limited company)
• If your maximum monthly deposit is exceeded, then your account will automatically upgrade to the appropriate subscription plan. You will not be able to downgrade from this plan.