Compare Online Business Bank Accounts

  • Online and app-based business bank accounts allow you to manage your finances on the go
  • This type of business banking is helpful for all kinds of modern commercial enterprises
  • Compare online business bank accounts from leading providers and apply direct

Choose your business current account options

30 products found
  • HSBC logo

    HSBC Kinetic Business Account

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

      Virgin Money M Account for Business

      • Monthly Fee
        Free
      • 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
    • See 1 more Virgin Money product
  • Mettle logo

    Mettle by NatWest

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

      Natwest Start Ups Business Bank Account

      • Monthly Fee
        Free
      • Card Purchases
        Free
      • Bank Transfers
        35p
      • Overdraft
      • Access
        App & Online
    • NatWest logo

      Natwest Business Bank Account (Standard Tariff)

      • Monthly Fee
        Free
      • Card Purchases
        Free
      • Bank Transfers
        35p
      • Overdraft
      • Access
        App & Online
    • See 1 more NatWest 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
    • Tide logo

      Tide Cashback Business Bank Account

      • Monthly Fee
        £49.99
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App & Online
    • See 2 more Tide products
    • ANNA Money logo

      ANNA Money - Pay as you go

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

      ANNA Money - Business

      • Monthly Fee
        £14.90
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App only
    • ANNA Money logo

      ANNA Money - Big Business

      • Monthly Fee
        £49.90
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App only
    • See 2 more ANNA Money products
    • 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 1% Cashback

      • Monthly Fee
        £69 per year
      • Card Purchases
        Free
      • Bank Transfers
        99p
      • Overdraft
      • Access
        App & Online
    • See 1 more Cashplus product
  • The Co-operative Bank logo

    The Co-operative Bank Business Current Account

    • Monthly Fee
      £10*
    • Card Purchases
      Free
    • Bank Transfers
      Free
    • Overdraft
    • Access
      Branch, App & Online
  • Royal Bank of Scotland logo

    RBS Start Ups Business Bank Account

    • Monthly Fee
      Free
    • Card Purchases
      Free
    • Bank Transfers
      35p
    • Overdraft
    • Access
      App & Online
  • Card One Money logo

    Card One Money Business Account

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

      Countingup Business Account (Starter)

      • Monthly Fee
        £3
      • Card Purchases
        Free
      • Bank Transfers
        30p
      • Overdraft
      • Access
        App only
    • Countingup logo

      Countingup Business Account (Standard)

      • Monthly Fee
        £9
      • Card Purchases
        Free
      • Bank Transfers
        30p
      • Overdraft
      • Access
        App only
    • Countingup logo

      Countingup Business Account (Premium)

      • Monthly Fee
        £18
      • Card Purchases
        Free
      • Bank Transfers
        30p
      • 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
    • Revolut logo

      Companies: Revolut Free

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

      Companies: Revolut Grow

      • Monthly Fee
        £25
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App & Online
    • Revolut logo

      Companies: Revolut Scale

      • Monthly Fee
        £100
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App & Online
    • Revolut logo

      Companies: Revolut Enterprise

      • Monthly Fee
        Contact Revolut for details
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App & Online
    • Revolut logo

      Freelancer: Revolut Free

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

      Freelancer: Revolut Professional

      • Monthly Fee
        £7
      • Card Purchases
        Free
      • Bank Transfers
        Free
      • Overdraft
      • Access
        App & Online
    • See 5 more Revolut products
  • Acorn logo

    Acorn Business Account

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

    Fair Everywhere Business Account

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

    Lloyds Bank Business Banking Start Up Account

    • Monthly Fee
      £7*
    • Card Purchases
      Free
    • Bank Transfers
      Free
    • Overdraft
    • Access
      Branch, App or 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.

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Last updated on 11 August 2022.

Online Business Bank Accounts

What is an online business bank account?

In recent years, a number of online business bank accounts have been launched. They are generally aimed at smaller businesses, start-ups and sole traders who want to have quick access to a simple online bank account. Online business bank accounts will often offer similar features and services to traditional business bank accounts offered by big banks. However, you will need to do some research to ensure that the provider you choose provides the services that you need.

What services do online business bank accounts offer?

Online business bank accounts often offer similar services to those offered by traditional business bank account providers. However, some will be slightly more limited in their offering and many will not provide a credit facility. Do some research to ensure you are getting all the features you need from your online business bank account. Here are some of the services and features that online business bank accounts often offer, although not all online accounts will offer these features:

  • Deposits (often accepted in cash at banks and Post Office branches)
  • Debit/credit card
  • Payments
  • Transfers
  • Online banking
  • Telephone banking
  • Accounting tools
  • Direct debits
  • Standing orders
  • Invoicing tools

I’m a sole trader, do I have to set up a business bank account?

No, you are legally allowed to use your personal bank account for all your business transactions as you and your business are viewed as a single legal entity in the eyes of the tax office. However, many sole traders and freelancers want to keep their business finances separate from their personal banking and online business bank accounts can be a quick and easy way to do this. Others enjoy the fact that they sometimes offer online tools and apps that help them send invoices to clients, chase payments or complete simple accounts ready for their annual self-assessment tax return.

How much do online business bank accounts cost?

Fees and charges vary from provider to provider. It is important to do some research and consider how you will use the account before deciding which one is the most suitable for you. For example, if an account charges you a percentage for every deposit made, and you are likely to make numerous deposits each month, it may be cheaper to look for an account with free deposits and a monthly fee instead.

Some accounts may offer an initial fee-free period, but check the rates charged once this period is over.

What should I consider before taking out an online business bank account?

It’s important to consider the fact that you may not have access to a branch and the help of banking staff, like you may have if you take out a traditional business bank account through a high street bank.

You could also find it more difficult to access credit with an online business bank account, so consider this aspect if you are looking for a credit card or overdraft facility. However, online business bank accounts are often very quick and easy to set up and often offer state-of-the-art tools to help you manage your finances, accounts, taxes and invoicing.

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