| HSBC |
In-app payments of up to £25,000 per day
Scan and deposit cheques (50p per cheque)
Auto-categorised transactions |
Fee free for 12 months
Kinetic: £6.50 per month
Small Business Banking: £8 per month |
| Tide |
No fees on card payments in UK or abroad (on paid plans), Tide Mastercard, instant invoicing, integration with FreeAgent, Sage and Xero |
Free (£0)
Smart (£12.49 per month)
Pro (£24.49 per month)
Max (£69.99 per month) |
| Airwallex |
Access a wealth of tools and integrations including Xero and Oracle, take payments from customers in their preferred currency |
Free (£0 if you keep your balance above £10,000 per month, otherwise £19 per month)
Grow (£49 per month)
Small currency conversion fee applies |
| ANNA |
Smart invoicing, automatically chase outstanding payments |
Pay-as-you-go tariff means you just pay per transaction such as 29p per transaction moving money in or out: otherwise, its Business package is £14.90 per month + VAT, which bundles £35 worth of free activity and then adds charges per transaction |
| Countingup |
2-in-1 business account and accounting app. Automated bookkeeping, professional invoices and automated receipt scanning as key features along with tax calculated and filed for you |
First three months free then: £3 a month if you deposit up to £750; £9 is you deposit £750-£750,000; £18 a month unlimited deposits |
| Revolut |
Hold, exchange and transfer currencies with real exchange rate, issue free corporate cards to employees, integrate with accounting software |
Companies pay between £10 – £90 a month, depending on the account (or they can speak to Revolut and get a bespoke deal)
Freelancers pay a variable sum for Revolut Pro |
| CardOneMoney |
For companies with turnover of less than £2m. Text alerts confirming when money is in and to confirm that bills have been paid |
£12.50 a month plus a £55 application fee
Transaction fees also apply
|
| Zempler Bank |
Cashplus integrates with accounting software |
Business Go: £0 per month
Business Extra: £9 per month
Business Pro: £19 per month |
| Equals Money |
Customisable physical and virtual expense cards
Send and receive money in 38 currencies with multi-currency accounts
Expense platform gives you oversight of data |
Business Tier: £250 per year
Business Plus Tier: £350 per year
Enterprise Tier: Custom pricing
Multi-currency accounts: Custom pricing |
| Mettle |
Create and send invoices directly from your smartphone, complete with company logo
Add receipts to transactions
Can connect with Xero, Freeagent and Quickbooks |
Free to use and free to join |
| Monzo |
Integrations with Xero, FreeAgent and QuickBooks; set aside a percentage of your earnings to put towards tax every time you’re paid |
Lite: Free
Pro: £5 per month
Team: £25 per month |
| Starling Bank |
No monthly fees, categorised transactions, integration with Xero, FreeAgent and Quickbooks, overdraft facility |
No monthly fee
Can add a monthly £7 ‘business toolkit’ for extra functionality |
| Wise for Business |
Get a Wise business debit card too where you can earn 0.5 per cent cashback on all eligible business debit card transactions |
It costs £45 to open an account but there is no monthly maintenance fee |
| SumUp |
You can link your MasterCard with Apple Pay and Google Pay to make faster payments. With a SumUp card reader, you can also make a sale and access your money in one day
SumUp also has a built-in invoicing tool so you can send customised invoices from your phone or your computer. |
Free (other charges apply) |
