Compare Business Accounts for Switchers

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

• 150 transfers a month with no fee
• Dedicated account manager
• Phone support and 24/7 legal helpline
• 0.5% cashback when using Tide card on all eligible card transactions

Eligibility Criteria

• To apply for a registered business account, you’ll need to be registered with UK Companies House as a director of that company
• To apply for a sole trader account, you’ll need to be a UK based sole trader or 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

• 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

• Business account and tax app for your small-to-medium sized business
• Free Invoice Generator, Receipt Scanner, Accountant Access, Multiple Expense Cards for Employees, Personalised Payment Collection Link, Direct Debits, Bulk Payments & Payroll
• This plan comes with 3 free cash withdrawals per month (then £1 thereafter), 1 free international transfer per month (then £5 thereafter) and up to 5 additional debit cards (then £3 per card per month thereafter)

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 larger businesses
• Free Invoice Generator, Receipt Scanner, Accountant Access, Multiple Expense Cards for Employees, Personalised Payment Collection Link, Direct Debits, Bulk Payments & Payroll
• This plan comes with unlimited free cash withdrawals and additional debit cards, and 4 free international payment per month (then £5 thereafter)

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
• £750 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
• £7,500 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

• *12 months free access to the Revenu app powered by BankiFi, making customer billing easier
• Savings account available with instant access – 0.30% AER variable paid monthly for balances over £5,000, subject to eligibility and application
• Contactless payments, with free Square Reader on request, no fees on your first £1,000 sales

Eligibility Criteria

• FREE account banking for first 25 months, £5 monthly fee thereafter. Waived if account balance kept above £10,000 and you don’t go overdrawn.
• You must complete a full switch using the Current Account Switch Service process and be an existing NatWest or Royal Bank of Scotland business customer
• Arranged overdraft available subject to approval. Business use only, available for Sole Trader, Partnerships and Limited UK Businesses, 18+

Product Features

• Savings account available with instant access – 0.30% AER variable paid monthly for balances over £5,000, subject to eligibility and application
• Contactless payments, with free Square Reader on request, no fees on your first £1,000 sales
• Business Debit Card allows you to withdraw money from an ATM and you pay no fees on transactions using your Debit Card

Eligibility Criteria

• Business use only, available for Sole Trader, Partnerships and Limited UK Businesses, 18+
• Arranged overdraft available subject to approval
• When applying you’ll need to share, a form of identification, proof of your business and home address

Product Features

• Business account: hold, send and receive funds in 28+ currencies, exchange at only 0.4% fees
• Free smart debit cards for you and one team member: track and control spending in real-time
• Seamless integrations: automate accounting with tools you already use like Xero, QuickBooks and Freeagent

Eligibility Criteria

• Available for limited companies, PLCs, LLPs, Partnerships & unlimited companies
• Currently available for companies registered in and with a physical presence within the European Economic Area (EEA) and Switzerland
• Revolut accounts do not support cash deposits or cheques

Product Features

• Business account and multi-currency accounts: hold, exchange, send and receive funds in 28+ currencies – always at the real (interbank) rate
• Issue physical and virtual debit cards: optimize spend and capture receipts in the app instantly; get one metal card free
• Ideal for Ecommerce: easily accept payments on your checkout page and with plugins for WooCommerce, Magento 2.0 and PrestaShop

Eligibility Criteria

• Available for limited companies, PLCs, LLPs, Partnerships & unlimited companies
• Currently available for companies registered in and with a physical presence within the European Economic Area (EEA) and Switzerland
• Revolut accounts do not support cash deposits or cheques

Product Features

• Scale your business: £50k free FX, 30 free team members and 2 free metal cards
• Designed for international ecommerce: save the FX fees charged by your acquirer, accept card payments directly with our payment gateway and plugins
• Safety and full control: use virtual cards to spend online, set limits and customize your own rules for payments approval

Eligibility Criteria

• Available for limited companies, PLCs, LLPs, Partnerships & unlimited companies
• Currently available for companies registered in and with a physical presence within the European Economic Area (EEA) and Switzerland
• Revolut accounts do not support cash deposits or cheques

Product Features

• Ideal for Ecommerce: easily accept payments on your checkout page and with plugins for WooCommerce, Magento 2.0 and PrestaShop
• Designed for cross-border business: currency exchange at the real (interbank) rate and unlimited multi-currency accounts
• Ideal for corporate expenditure: issue physical and virtual cards, segregate spend, track expenses and capture receipts in the app

Eligibility Criteria

• Available for limited companies, PLCs, LLPs, Partnerships & unlimited companies
• Currently available for companies registered in and with a physical presence within the European Economic Area (EEA) and Switzerland
• Revolut accounts do not support cash deposits or cheques