Compare our best bank accounts for limited companies
Running a limited company comes with plenty of challenges – but managing your money doesn’t have to be one of them. A dedicated business bank account helps you separate company finances, stay tax-compliant, and keep your cash flow on track.
13 results found, sorted by affiliated products first. How we order our comparisons. Commission earned affects the table's sort order.
Exclusive £120 Cash Reward when you open a Tide account. T&Cs apply.
Tide Business Bank Account
Account fee
No account fee
FSCS Protection
Yes
Account management
App, Online, Phone
Set-up time
Instant decision
Register your business for £14.99 through Tide with Companies House, Get a Free instant saver account which gives you up to 4% AER when you sign up for your Tide business bank account. Eligibility and T&Cs apply. 1 month free on any paid plan. FSCS-Protected, Bank Account by ClearBank.
£120 cash reward when you open a Tide account, use code 120RVU. T&Cs apply
More Information
Good to know
- Fast and easy account setup - open an account within minutes which saves time and gets your business up and running quickly
- No monthly fees - only pay for what you need, then upgrade as your business grows
- Expense management and invoice tools - you can easily track your business expenses and create invoices in the app for faster invoicing
- Access a competitive savings account - get more for your money by earning up to 4% AER (variable) with the Tide Instant Saver and access funds at any time
Eligibility
| Availability | Limited companies & sole traders |
| Registration | Business registered & trading in UK |
| Max. annual turnover | Unlimited |
| UK Resident |
Get £200 Cashback and Earn up to 4% AER (variable)
Tide Business and Savings Account
Account fee
No account fee
FSCS Protection
Yes
Account management
App, Online, Phone
Set-up time
Instant decision
Save more, earn more - up to 4% AER (variable). Interest rates are tiered, with the top rate for balances over £1M. Each tiered rate applies to the portion within that range. New Tide members get these rates free for 6 months; after that, your Tide plan’s rates apply.
More Information
Good to know
- Easy account set up – open both a Tide Business Bank Account and Tide Instant Saver to get £200 cashback (T&Cs apply)
- Make your money work harder – earn up to 4% AER (variable) with no cap on deposits and instant access to your savings
- Only pay for what you need – no monthly fees on your business account
- Manage your money from anywhere – track expenses, create invoices, and oversee finances easily in the Tide app
Eligibility
| Availability | Limited companies & sole traders |
| Max. annual turnover | Unlimited |
| UK Resident |
Get £100 when you open a Revolut Business account and add money to your account
Revolut Business Basic Account
Account fee
£10.00 per month
FSCS Protection
No
Account management
App, Online, Phone
Set-up time
Instant decision
Account Integrations: Clear Books, FreeAgent, QuickBooks, Sage, Xero
Business account with multi-currency wallets and smart debit cards. Track expenses, set up teams and permissions and accept online card payments easily. Integrated with your accounting software of choice. Hold and exchange 25+ currencies.
Revolut is not a fully licensed bank in the UK. Your money is safeguarded in an account with a regulated bank or high quality liquid assets. Your savings are deposited with partner banks. Eligible deposits are protected up to £120k per bank. Sign up to Revolut Business and add money to your account by 31 March 2026 to get a £100 welcome bonus. New Revolut Business customers only. Subscription fees and T&Cs apply
More Information
Good to know
- Not covered by the FSCS - Revolut is an electronic money institution and not a bank
- Issue physical and virtual cards – manage cards for you and your team to control spending and improve security
- Account integrations with Clear Books, FreeAgent, QuickBooks, Sage and Xero - helps to streamline accounting and reduces human error
- Hold and exchange 25+ currencies with multi-currency wallets and smart debit cards - useful if you’re involved in international trade or working with global clients
Eligibility
| Availability | Limited companies & partnerships |
| Max. annual turnover | Unlimited |
| UK Resident |
Free day-to-day online business banking
Virgin Money M Account for Business
Account fee
No account fee
FSCS Protection
Yes
Account management
App, Branch, Online, Phone
Set-up time
2-4 Days
Free online day-to-day business banking (excludes CHAPS and international payments). For business with annual turnover less than £1 million.
For limited companies please allow up to 72 hours from registering your business with Companies House, before starting an application.
More Information
Good to know
- No monthly fees – manage your business finances without any hidden charges, helping you keep banking costs low
- 0.25% cashback on debit card purchases – reward your everyday spending and reinvest savings back into your business
- Seamless integration with QuickBooks, Xero, and Sage – automate accounting tasks and streamline your bookkeeping process
- Expert mentoring from Virgin Startup – access tailored guidance and insights to help your business grow successfully
Eligibility
| Availability | Limited companies, partnerships & sole traders |
| Max. annual turnover | £1,000,000 |
| UK Resident |
Moneyfacts Business Current Account 2025 5 Star Rating
Virgin Money Business Current Account
Account fee
25 months free, then £6.50 per month
FSCS Protection
Yes
Account management
App, Branch, Online, Phone
Set-up time
5-7 Days
25 months' fee free day-to-day banking for start-ups and switchers (excludes CHAPS and international payments). Includes free MasterCard business savings, debit card cashback, plus digital money management tools.
This account is available for eligible businesses with a turnover of less than 6.5m. For limited companies please allow up to 72 hours from registering your business with Companies House, before starting an application.
More Information
Good to know
- Created for you - this account is for start-ups, sole traders and limited companies with an annual turnover of less than £6.5m
- Integration with Sage, Xero and Quickbooks - helps to streamline accounting and reduces human error, plus there’s automated business spending categorisation
- No fees - 25 months’ fee-free day-to-day banking for start-ups and switchers which helps to reduce costs (excludes CHAPS and international payments)
- Expert mentoring and guidance from Virgin Startup - access a supportive community and special events to help your business scale
Eligibility
| Availability | Limited companies, partnerships & sole traders |
| Max. annual turnover | £6,500,000 |
| UK Resident |
Get £400 when you open or switch to a Barclays Business Account*
Barclays Switchers Business Account for turnover up to £400,000
Account fee
12 months free, then £8.50 per month
FSCS Protection
Yes
Account management
App, Branch, Online, Phone
Set-up time
2-5 Days
*Set up two Direct Debits and spend a minimum of £200 on your debit card for three consecutive months within four months of opening your account. New business customers only. Apply or start your switch by 30 April 2026. UK businesses and 18+ only. T&Cs apply.
You won't have to pay a monthly account fee for 12 months if you don’t already have a Barclays Business Account with us. After 12 months, you'll pay £8.50 per month. Fees and charges will apply in line with the business account tariff, which could change.
More Information
Good to know
- No monthly account fee for 12 months - save on banking costs during your crucial first year in business. After 12 months, an £8.50 per month fee applies.
- Flexible account management – manage your finances anytime via app, branch, online, or phone.
- FSCS protection up to £120,000 – keep your money safe with financial protection for eligible deposits.
Eligibility
| Availability | Limited companies, partnerships, sole traders & charities |
| Max. annual turnover | £400,000 |
| UK Resident |
Get £400 when you open or switch to a Barclays Business Account*
Barclays Switchers Business Account for £400,000 to £6.5m turnover
Account fee
12 months free, then £8.50 per month
FSCS Protection
Yes
Account management
App, Branch, Online, Phone
Set-up time
2-5 Days
*Set up two Direct Debits and spend a minimum of £200 on your debit card for three consecutive months within four months of opening your account. New business customers only. Apply or start your switch by 30 April 2026. UK businesses and 18+ only. T&Cs apply.
You won't have to pay a monthly account fee for 12 months if you don’t already have a Barclays Business Account with us. After 12 months, you'll pay £8.50 per month. Fees and charges will apply in line with the business account tariff, which could change.
More Information
Good to know
- No monthly account fee for 12 months - save on banking costs during your crucial first year in business. After 12 months, an £8.50 per month fee applies.
- Flexible account management – manage your finances anytime via app, branch, online, or phone.
- FSCS protection up to £120,000 – keep your money safe with financial protection for eligible deposits.
Eligibility
| Availability | Limited companies, partnerships, sole traders & charities |
| Min. annual turnover | £400,000 |
| Max. annual turnover | £6,500,000 |
| UK Resident |
Get £400 when you open or switch to a Barclays Business Account*
Barclays Start-up Business Account
Account fee
12 months free, then £8.50 per month
FSCS Protection
Yes
Account management
App, Branch, Online, Phone
Set-up time
2-5 Days
*Set up two Direct Debits and spend a minimum of £200 on your debit card for three consecutive months within four months of opening your account. New business customers only. Apply or start your switch by 30 April 2026. UK businesses and 18+ only. T&Cs apply.
You won't have to pay a monthly account fee for 12 months if you don’t already have a Barclays Business Account with us. After 12 months, you'll pay £8.50 per month. Fees and charges will apply in line with the business account tariff, which could change.
More Information
Good to know
- No monthly account fee for 12 months – save on banking costs during your crucial first year in business. After 12 months, an £8.50 monthly fee applies.
- Flexible account management – manage your finances anytime via app, branch, online, or phone.
- FSCS protection up to £120,000 – keep your money safe with financial protection for eligible deposits.
Eligibility
| Availability | Limited companies, partnerships, sole traders & charities |
| Max. annual turnover | £400,000 |
| UK Resident |
No monthly account fee and free UK digital banking*
HSBC UK Small Business Banking Account
Account fee
No account fee
FSCS Protection
Yes
Account management
App, Online, Phone & Branch
Set-up time
9 days
*Free UK digital banking means day-to-day standard electronic transfers made through Business Internet Banking and HSBC UK Business Banking app are free. Other charges apply e.g. cheques and CHAPS. See Business Price List for details. Subject to application, eligibility, credit check and T&Cs.
AER stands for Annual Equivalent Rate and shows how much interest you’d earn on money in the account over a year, assuming the interest is compounded (i.e., interest is added and then earns interest itself).
More Information
Good to know
- With no monthly account fee, this is a cost-effective option if you’re just starting out or looking to keep overheads low.
- Your money is protected under the Financial Services Compensation Scheme (FSCS), so your funds are covered up to £120,000 if the bank goes out of business – giving you extra peace of mind.
- App, online, phone, Post Office and in-branch account management – giving you flexible, multi-channel access to your money wherever and however you prefer to bank.
- Free standard electronic transfers made through Business Internet Banking on your primary current account – helping you cut costs on everyday business banking while keeping things simple and transparent
Eligibility
| Availability | Limited companies, partnerships & sole traders |
| Max. annual turnover | £6,500,000 |
| UK Resident |
Monzo Business Lite Account
Account fee
No account fee
FSCS Protection
Yes
Account management
App, Online, Phone
Set-up time
1 Day
Monzo Business Lite gives you free UK bank transfers, effortless accounting with receipt uploads, 24/7 customer support and money management with Pots. Accept payments online or in person. 0% AER.
T&Cs apply. Must be a UK resident and a limited company or sole trader. The best of Monzo for your business. A free, streamlined account that makes it easy for your customers to pay, including contactless in-person payments. Lite is always free.
More Information
Good to know
- Free UK bank transfers - these fees can add up quickly, so it helps to keep costs down
- 24/7 customer support - if you have any issues there’s a team ready to help which means you can focus on running your business
- Money management - separate money with Pots, receive payments through a single link and effortless accounting via receipt uploads to support your business
- Unlock interest - earn 1.30% AER (variable) on funds in your Instant Access Pots and interest is paid monthly so you can easily see your money grow
Eligibility
| Availability | Limited companies & sole traders |
| UK Resident |
Free corporate expense management solution
Wallester Business
Account fee
No account fee
FSCS Protection
No
Account management
App, Online, Phone, Branch
Set-up time
1 Day
Free, no setup fees, unlimited card issuing
More Information
Good to know
- Instant cards for your team – issue unlimited physical up to 300 virtual VISA business cards in seconds
- Keep spending under control – set limits, monitor expenses, and digitise receipts automatically
- Only pay for what you need – no monthly fees on the Free plan, just top up as you grow
- FSCS protection does not apply – Wallester is a fintech, not a bank
Eligibility
| Availability | Limited companies, partnerships, sole traders & charities |
| Max. annual turnover | Unlimited |
| UK Resident |