Ongoing
CASHBACK OFFER - Enter code 150BOOST when you sign up for a Tide business bank account T&C's apply*
Compare Bank AccountsKeep up to date with market trends and the latest finance news.
Our trusted partner Bionic, has experts who handle the comparison for you and guide you through your quotes.
Compare Business EnergyIn a constantly changing market, locking in a Business Energy deal could be beneficial.
Our trusted partner Bionic, has experts who handle the quote for you and you through your options.
Compare Business InsuranceSecure your business with the right insurance. From contents to cyber, we've got you covered.
We compare our best Business Broadband deals to find the ideal solution for your business.
Get ConnectedFind everything you need to decide which Business Broadband plan is right for you.
Set yourself up to take (and make) payments easily.
Find our most popular recent guides here.
This article will give you all the guidance needed to help you make an informed decision and switch business broadband providers smoothly and quickly.
How to Switch Business Broadband ProviderCASHBACK OFFER - Enter code 150BOOST when you sign up for a Tide business bank account T&C's apply*
Compare Bank AccountsKeep up to date with market trends and the latest finance news.
Our trusted partner Bionic, has experts who handle the comparison for you and guide you through your quotes.
Compare Business EnergyIn a constantly changing market, locking in a Business Energy deal could be beneficial.
Our trusted partner Bionic, has experts who handle the quote for you and you through your options.
Compare Business InsuranceSecure your business with the right insurance. From contents to cyber, we've got you covered.
We compare our best Business Broadband deals to find the ideal solution for your business.
Get ConnectedFind everything you need to decide which Business Broadband plan is right for you.
Set yourself up to take (and make) payments easily.
Find our most popular recent guides here.
This article will give you all the guidance needed to help you make an informed decision and switch business broadband providers smoothly and quickly.
How to Switch Business Broadband ProviderOngoing
No monthly fees
0% AER
Various credit options available
*CASHBACK OFFER - Enter code 150BOOST when you sign up for a Tide business bank account T&C's apply
Earn up to 4.48% AER each month when you open a business savings account T&Cs apply
Register a company for only £14.99
No monthly fee in the first 12 months. T&Cs apply
£8.50
0% AER
Please see 'Credit facilty' information
No monthly account fee* plus access to discounted services via key partners to help you set up and run your business effectively, worth over £5000**
*Businesses with existing Barclays business current accounts aren't eligible for 12 months no monthly account fee. After 12 months, you'll pay £8.50 per month.
*Fees and charges will apply in line with the business account tariff which may be subject to change. **Terms and conditions apply per partner, see partner website for details.
Ongoing
No monthly fees
0% AER
Business overdraft available upon invitation
Apply in minutes
No monthly or annual fee
Helpful UK based telephone customer service
No monthly fee for three months
£12.50
0% AER
Not available
No credit checks & available to all business types
*LIMITED OFFER* Free business account for 3 months
Application takes minutes and your business account can be open on the same day you apply
Having less than £50,000 in the account may earn a reduced rate of interest and may incur fees
No monthly fees
4.58% AER* (variable) instant access Savings Pot
None
Earn up to 1.5% cashback on eligible card spend
Seamless money management at no cost using tools like Sage and Xero to organize receipts, manage transactions, track taxes and bills, helping you save time on reporting
Get a dedicated Relationship Manager
No monthly fee in the first 12 months. T&Cs apply
£8.50
0% AER
Please see ‘Credit facility’ information
No monthly account fee* plus access to discounted services via key partners to help you set up and run your business effectively, worth over £5000**
*Businesses with existing Barclays business current accounts aren't eligible for 12 months no monthly account fee. After 12 months, you'll pay £8.50 per month.
*Fees and charges will apply in line with the business account tariff which may be subject to change. **Terms and conditions apply per partner, see partner website for details.
2 Years
No monthly fees
0% AER
None
FreeAgent is included as long as you retain your account
A dedicated Relationship Manager - a single point of contact to look after your business banking needs (turnover and eligibility criteria apply)
No account fee for 12 months
£8.50 *
0% AER Credit Interest
Subject to eligibility and application
Free accounting software available to business account holders. T&C's Apply
Bank in whatever way suits your business - online, with our mobile app, over the phone or in branch
Support from our UK-based relationship team
2 Years
No monthly fees
0% AER
Credit options available
FreeAgent is included as long as you retain your account
No transaction fees for 2 years (then standard tariff applies)
No monthly fee in the first 12 months. T&Cs apply
£8.50
0% AER
Please see ‘Credit facility’ information
No monthly account fee* plus access to discounted services via key partners to help you set up and run your business effectively, worth over £5000**
*Businesses with existing Barclays business current accounts aren't eligible for 12 months no monthly account fee. After 12 months, you'll pay £8.50 per month.
*Fees and charges will apply in line with the business account tariff which may be subject to change. **Terms and conditions apply per partner, see partner website for details.
Ongoing
No monthly fees
0% AER
None
Business account: hold, send and receive funds in 25+ currencies, exchange up to £1,000 at the interbank rate and only 0.6% fee for anything over this allowance. 1% for exchanges outside market hours.
Free smart debit cards for you and one team member: track and control spending in real-time
Our comparison service features a selection of providers from whom we receive commission. This table is ordered according to our commercial arrangements.
Finding the right bank account is an essential part of your business.
We're here to help you save money
We've helped business switch bank accounts
We work hard to negotiate exclusive deals
We provide a quick, easy referral process
It's a fact that people are more likely to divorce their other half than switch their business bank account. If you are worried about switching, then you shouldn't be as all business accounts are covered by a 7-day switcher guarantee. (Just make sure your bank is registered with this scheme!).
What's important?
Don't just look at the free period, work out how much it will it cost after the fee free period
Ensure you know all fees relevant to your business to avoid surprises!
Switching can be done within 7 days
Make sure that those you bill are aware
If you are savvy enough to use online banking regularly then you may want to ask other business owners what their thoughts are on the application. Standards of online banking vary and no one wants to go backwards when they are trying to move forward.
If you have been with your bank account provider for a very long time, then it might seem like the easiest option to continue using their services. You may believe that the service and the costs you are paying are standard and would apply with other providers - this is not always the case. It is so important that you shop around to make sure you're getting the best deal.
There are so many alternative bank account providers who can save you money and are becoming very popular in the market – especially business banking.
The only thing that is crucially important is making sure you compare business bank accounts which are right for you and your business.
Benefits of switching business bank accounts
Account providers will be trying to entice you to switch providers to them so they might offer extra benefits, such as free business banking for periods up to 26 months
When switching accounts, there are a vast variety of accounts to choose from, with a huge range of overdraft options if you choose to add one
As an incentive for you to choose their account service, account providers will generally offer low monthly rates after any free banking period
All bank account providers now have to offer a switching guarantee, meaning your new account must be ready within 7 days of your chosen date