Starling vs Monzo Business Account Overview

Starling Bank Business Bank Accounts logo
  • Starling and Monzo both offer business bank accounts.
  • See what features are available with each business bank account.
Visit Website Browse Starling Bank Business Bank Accounts FAQs

Sorry we do not currently compare this provider

Compare other products
Information written by Connor Campbell Last updated on 11 July 2022.

Starling and Monzo are two prominent and well-known challenger banks in the UK. And both offer business bank accounts.

Starling Bank was founded in 2014 and first offered its business bank account in 2018. Launching a little later, Monzo was founded in 2015 and introduced its own business bank account in 2020.

In terms of their business accounts, both banks have free and paid tiers, depending on what you and your organisation need. They both are protected by the Financial Services Compensation Scheme (FSCS), are FCA regulated and operate as licensed banks.

Read on to find out more about Starling and Monzo business bank accounts.

Starling vs Monzo business accounts at a glance

Below are some of the key details to consider when comparing Starling and Monzo business accounts.

Starling Bank Monzo
FCA regulated Yes Yes
FSCS protection Yes Yes
Licensed bank Yes Yes
Free UK transfers Yes Yes
Cash deposits Yes Yes
Free ATM withdrawals Yes Yes
Integration with accounting software Yes Yes (for a fee)
International transfers Yes Outbound only
Create and send invoices Yes (for a fee) Yes (with a paid account)

Starling vs Monzo business accounts features

Below are currently some of the features available through Starling Bank and Monzo business accounts:

Starling Bank Monzo
Mobile app Yes Yes
Online banking Yes Yes
Debit card Yes Yes
Multi-user access Yes Yes (for a fee)
Deposit cheques Yes Yes
24/7 customer support Yes Yes
Manage scheduled payments Yes Yes
No fees abroad Yes Yes
Add digital receipts to payments Yes Yes
Euro business account Yes (for a fee) No
US Dollar business account Yes (for a fee) No

Starling vs Monzo: what do the customer reviews say?

Below are the current customer reviews for Starling Bank and Monzo.

Starling Bank Monzo
TrustPilot 4.3 out of 5 (29.8k reviews) 4.4 out of 5 (21.8k reviews)
App Store 4.9 out of 5 (328.2k reviews) 4.9 out of 5 (102.3k reviews)
Google Play 4.6 out of 5 (81.1k reviews) 4.7 out of 5 (82.2k reviews)

Information correct as of 24 June 2022.

Summary

If you are looking for a business bank account, then both Starling and Monzo are suitable options. Each has plenty of features that can help you manage your business and reach your goals.

Before choosing your business bank account, it is a good idea to thoroughly compare the offerings from a number of providers, and find the option that is the best fit for your needs.

» COMPARE: Business bank accounts

About the author:

Connor is a writer and spokesperson for NerdWallet. Previously at Spreadex, his market commentary has been quoted in the likes of the BBC, The Guardian, Evening Standard, Reuters and The Independent. Read more

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

See all business current account providers