As a small business banking can be expensive and difficult to find the right account for you and it is probably low on your priorities list.
Finding a free business bank account is a great way to keep your costs down and if you don’t mind switching accounts you can continue to receive free banking by moving accounts every 18-24 months.
This guide gives you the details for the best deals for free business bank accounts from the leading banks through to the lesser known providers.
Topics
Featured: Zempler Bank (Formerly Cashplus) GO
Zempler Bank Go features:
- Costs £0/month
- Initial card fee of £9.95 to open your account, additional debit cards for just £5.95 per card (limit 20)
- 3 free payments per month, then £0.35 for additional ones
- Cash withdrawals £2 in the UK and £3 abroad
- Account balance limit of £500,000
- Online baking and bank app
- Monthly spending reports by category
- Accounting integrations including Xero, Quickbooks & Sage
- Phone support in the UK
Zempler Bank GO is the latest offering from long-time challenger bank Zempler Bank (formerly Cashplus). They have a simple online application with no credit checks.
They are FCA regulated and your money is protected by FSCS up to £85,000. Their iOS app is rated 4.7 out of 5.
Featured: Tide
Some of the features and benefits of Tide’s free business bank account.
- No monthly or annual account fee
- Membership bank service
- Free card usage at home and abroad, although FX fees apply
- Use Post Office branches for transactions (charges apply)
- Make deposits at PayPoint (charges apply)
- Virtual debit cards are available and expense cards are offered
(charges apply) - Mobile banking app
- Simple pricing with low transaction costs
- Simplified banking to minimise time spent banking
- Designed with small businesses in mind
Tide‘s business bank account is different to other business bank accounts in the market as it does not charge a monthly or annual account charge or subscription, its bank account is free, but they charge for some transactions. They operate a simple pricing structure and keep their charges low as they do not have the branches and multiple levels of management to pay for.
Free transactions include card usage at home or abroad, and free transfers to other Tide members.
Tide charge for sending and receiving money from non-Tide accounts at 20p per transaction. Cash withdrawals at cash machines at £1 per withdrawal. Cash deposits at Post Offices are charged at £1 per transaction and at PayPoints at 3%.
The table below gives a quick comparison of the top UK free business bank account providers.
| Company | No of months free for new businesses* |
|---|---|
| Zempler Bank (formerly Cashplus) | Unlimited |
| Tide | Permanently no account maintenance fee |
| Starling Bank | No monthly fee as long as you have your account |
| Wise | Permanently no account maintenance fee |
| ANNA | 3 months |
| Lloyds Bank | 12 months new businesses only |
| Metro Bank | Permanently no account maintenance fee as long as balance stays over £6,000 |
| Bank of Scotland | 6 months new customers or 18 months for start-up businesses |
| HSBC | Unlimited for small businesses and 12 months for established businesses |
| TSB | 30 months |
| Royal Bank of Scotland | 24 months |
| Cooperative Bank | 30 months |
| Bank of Ireland | 24 months |
| Counting Up | Starter plan is free for businesses with under £750/month in revenue |
| NatWest | 2 years |
| Santander | 12 months (start-ups only) |
| Monzo | Permanently no account maintenance fee |
| Amaiz | Permanently no account maintenance fee |
| Monese | Permanently no account maintenance fee |
| Mettle | Permanently no account maintenance fee |
| Triodos Bank | Permanently no account maintenance fee |
| GoSolo | Permanently no account maintenance fee |
* The prices included here come from each company’s website and were accurate at the time of writing but may have since changed. Also, please keep in mind these may not be apples to apples comparisons as each provider charges different fees for different transactions. This guide should be used as a starting off point for more research on your part.
Below we profile each company’s plans and features in a bit more detail.
1. Starling Bank
Starling Bank’s free business banking features:
- No monthly fee
- No interest is payable on positive balances
- Free to send money via Faster Payments, Direct Debits and Standing Orders
- Deposit cash at the Post Office for 0.7% fee (minimum £3 fee) and deposit cheques in-app digitally
- No charge for withdrawing £ Sterling from ATMs in the UK
- No charge for withdrawing cash in foreign currency outside the UK (currency exchange rates apply)
- £20 fee for certifying documents relating to your Account
- No fee for debit card payments
- Integrates with Xero, QuickBooks, FreeAgent and other business services
- 24/7 UK support is available on the app, over the phone or by email
- Which? Banking Brand of The Year in 2023
Starling Bank offers a huge range of features for a free, no fee business account. They cater for businesses that operate with smaller levels of cash deposits as they restrict cash deposits to £5,000 per day and an annual limit of £20,000 on sole trader accounts and £100,000 on business current accounts.
Moreover, unlike some of the accounts listed below they are a fully regulated bank which means that all eligible deposits are protected by the FSCS up to £85,000.
Link to Starling Bank Business Pricing Page
2. Wise
Some of the features and benefits of Wise’s free business bank account.
- Business bank account with no monthly account fees
- A one-off set-up fee applies to register your account which costs £45
- You can open your account in minutes
- Charges a small conversion fee for foreign currencies
- Can hold over 40 currency balances and send to over 70 countries
- View your money in different currencies and move it between currencies to take advantage of favourable exchange rates
- Free Mastercard debit card
- Free ATM cash withdrawals for £200 each month
- Offers business debit cards where you can set spending limits and receive cash back on purchases
- Integrates with Xero to automate payments
Wise (formerly TransferWise) is an online business banking provider that specialises in offering business bank accounts that allow you to operate internationally. Their business bank account has no monthly account fees and charges for some transactions.
Wise’s business bank account caters for businesses of all sizes from freelancers to large businesses. The account offers cheaper currency exchange rates, free Mastercard, ATM withdrawal allowance, can hold over 40 currencies and receive five currencies without charges (GBP, Euro, USD, AUD & NZD). They enable integration between your account and Xero so you can make batch payments, automate payments and workflows, receive money with no transaction fee and download monthly statements.
3. ANNA
ANNA’s free business banking features:
- A Pay As You Go plan is available with no monthly account fee
- 95% commission on payments from is charged excluding your transfers to your own accounts
- Free ATM withdrawals
- Plans are just £11 after the free period is over
- Unlimited free expense cards are available
- Same-day set up
- Unlimited pots are available
- 24/7 UK-based support
- Personalised reports
- Smart invoicing with QuickPay functionality
- Can be synchronised with accounting software and access shared with your accountant
ANNA stands for Absolutely No Nonsense Admin. This means you can have your free account set up quickly, sometimes in as little as 10 minutes (assuming you have all your documentation ready). However, be aware that ANNA is a business current account and digital admin assistant, not a bank.
4. Lloyds Bank
Some of the features and benefits of Lloyds Bank’s free business bank account.
- 12 months free business day-to-day banking for new business start-ups and small businesses
- Free electronic payments
- Free electronic deposits and withdrawals (charges apply after your first 100 payments out)
- Charges apply for cash payments and cheques, both in and out
- Dedicated support from the UK-based business management team
- Additional financial support including loans, hire purchase, overdrafts, invoice finance and credit cards
- Mobile business banking app
- Guides to support businesses
- Access to financial and digital tools
- Eligible for sole traders, partners or company directors
Lloyds Bank is part of one of the largest banking providers in the UK, Lloyds Banking Group, and the group is formed of Bank of Scotland, Halifax, TSB, and Scottish Widows.
Lloyds Bank offers a free business account, which is available to new business startups and small businesses that haven’t banked with them before for 12 months. To be eligible you need to have an annual turnover under £25 million and be trading in the UK.
Once the free banking period ends a monthly account maintenance fee applies of £8.50.
5. Metro Bank
Some of the features and benefits of Metro Bank’s free business bank account.
- If the daily balance is over £6,000 there is no monthly account fee
- Over £6,000 balance gives you 30 free UK transactions per month
- No charges for transactions in many European countries
- Stores are open 5 or 6 days per week, as many have Saturday opening hours
- No appointments necessary in branch
- Local Business Manager
- 24/7 Customer Support team
- Flexible banking over the phone, online and in store
- Mobile app
Metro Bank is bucking the trend and opening new branches rather than closing them, with over 70 branches across the UK and ambitions to open more. Many of their branches also open on Saturdays 9.30am until 4pm.
To take advantage of Metro Bank’s free banking offer you will need to keep your daily balance over £6,000 for every day in the month. If your balance goes below £6,000 the standard monthly fee of £8 will be applied to the account for that month. With this offer, you will also benefit from the first 30 UK transactions free although some transactions such as international payments, CHAPS payments and an Auditor’s Certificate of Balance are chargeable.
6. Bank of Scotland
Some of the features and benefits of Bank of Scotland’s free business bank account.
- Free day-to-day business banking for new customers for 12 months
- Some fees and transaction charges will apply and after the free period a monthly fee of £8.50 will apply
- Easy switching process that will complete in 7 working days using the Current Account Switching Service
- Simple pricing
- No charge for electronic payments after the free banking period ends
- Business support available in branches, over the phone and online
- Support for new start-up businesses and small businesses to help them grow
- Flexible banking available in branch, online and over the phone
- Mobile banking and text alerts
Royal Bank of Scotland offers free day-to-day business banking to new customers switching to them for 12 months and includes most transactions, such as electronic payments in and the first 100 out are free, others incur a fee.
Their business bank account has a simple pricing structure and after the free banking period ends the account maintenance fee is £8.50, but transaction fees are the same.
Royal Bank of Scotland also offers a range of other financial support for businesses such as loans, hire purchase, overdrafts, invoice factoring and charge cards.
7. HSBC
Some of the features and benefits of HSBC’s free business bank account.
- Free day-to-day business banking for 12 months for established and new customers
- At the end of the 12 month free period, there is a £10 monthly fee with no online transaction fees
- No monthly account fee and free UK digital banking for business start-ups and small businesses
- They also offer the Kinetic Current Account, which is for sole traders and single director sole shareholder businesses that have no monthly account fee and free UK digital banking
- Best Tariff Promise to review accounts annually to ensure you have the best tariff
- Access to finance and borrowing to fund expansion or improve cash flow
- Access to your account in branch, telephone, internet and mobile banking
- Access to deposit cash or make withdraws at Post Office branches
- Access to their online Knowledge Centre for support
- Access to Business Specialists in branches across the UK
HSBC offers a choice of three business bank accounts which cater for different business types. They offer two accounts with no monthly account fee and free digital UK banking, which are the Small Business Banking Account for start-ups and small businesses; the second is the Kinetic Current Account for sole account access. They also offer a bank account for established businesses that has a 12-month free introductory period.
HSBC’s bank accounts provide free online payments and free debit card payments. Charges apply for deposits and withdrawals of cash at 1.5% and 50p per cheque deposited. Some other charges may also apply.
8. TSB
Some of the features and benefits of TSB’s free business bank account.
- 30 months free day-to-day business banking for new customers and business start-ups
- Start-ups will get support from a relationship manager
- Switchers will receive dedicated support to take the hassle out of switching
- Choice of tariff to suit your business
- Guaranteed smooth switch with the Current Account Switch Guarantee
- Internet banking offering 24/7 account management
- Access to Faster Payments
- Export statements into your finance package
- Free text alerts services
- Relationship Manager available over the phone
TSB offers 30 months free day-to-day business banking to both new customers and new business start-ups as long as the account stays within the agreed limits and does not go overdraw without prior arrangement.
TSB participates in the Current Account Switch Guarantee which means that you should receive a smooth transfer between current account providers within 7 working days. They also offer a choice of business tariffs so that you can select the best tariff for your business.
TSB state that they are a local bank with 220 branches across the UK and that the money invested with them stays locally as they do not deal in investment banking, overseas speculation or corporate finance.
9. Royal Bank of Scotland
Some of the features and benefits of Royal Bank of Scotland’s business bank account.
- Offers 2 years free everyday banking for businesses switching to them
- Simple payment structure where you only pay for transactions that you make
- Accounts can be managed through the mobile app
- You can also manage your account online and over the phone 24/7
- Relationship Managers can support your business
- Provides a specialist business planning team
- The Service Hub provides all their banking products and services
- Growth programmes are offered to customers including Entrepreneur Accelerator, Business Builder and High Growth Hub
- 53% service quality score based on a 2025 report from Competition and Markets Authority
Royal Bank of Scotland is one of the oldest banks in Scotland which was founded in Edinburgh in 1727. They are now part of a bigger banking and investment business that is owned by RBS and it also owns NatWest and Ulster Bank.
They offer two years free banking to new businesses and established businesses switching to them who have a turnover below £2 million per year. Accounts are also available for community and not-for-profit organisations. They provide support to small businesses to aid them in growing their business through the Entrepreneur Accelerator, Business Builder and High Growth Hub programmes.
10. Cooperative Bank
Some of the features and benefits of Cooperative Bank’s free business bank account.
- Free day-to-day business banking for 30 months for new customers with no monthly service fee
- A minimum balance of £1,000 and banking limits apply
- All automated credits and debits are free for 30 months, and automated credits remain free
- Writing 25 cheques per month are free
- Manage your account online 24/7
- Telephone and postal banking
- Network of branches
- Access to your account through Post Office branches
- Overdraft facility and lending options
- Backed by the Current Account Switch Guarantee
Cooperative Bank offers a free day-to-day business banking period to all new customers who operate within the rules of the account. To be eligible you must maintain a credit balance of a minimum of £1,000. The offer also limits certain transactions to a maximum of depositing 100 cheques per month, depositing £1,000 cash per month, and writing 25 cheques per month.
At the end of the free banking period, you will be transferred to their standard Business Directplus tariff which charges £7 per month account maintenance fee.
Switching your account to Cooperative Bank is simple as they have signed up to the Current Account Switch Guarantee service which will guarantee that your account switches over within 7 working days.
11. Bank of Ireland
Some of the features and benefits of Bank of Ireland’s business bank account.
- New businesses can access 24 months free banking
- Simple pricing structure
- Contactless debit card
- Branches in key locations across Ireland
- Manage your account online, mobile banking and over the phone
- Provides a cash handling service
- Overdrafts are available with agreement
- Also offers other business services such as savings accounts and credit cards
- Simple account switching process
Bank of Ireland is a long established Irish bank that dates back to 1783 and is part of the Bank of Ireland Group. They provide a wide range of banking services to people and businesses in Ireland.
They have created a business current account that has been tailored to aid businesses with managing their everyday banking. It offers simple pricing which encourages online banking and payments to reduce costs, as well as offering the first two years are free for those switching to them. You can use the switching service to ease the process of switching bank accounts.
12. Mettle
Some of the features and benefits of Mettle’s free business bank account.
- Free account for sole traders and limited companies with up to two owners
- App based account management
- Easy to open
- Send and receive payments
- Lock and unlock your card
- Create and send invoices from your phone
- Matches incoming payments
- Lets you know when you have been paid
- Add receipts to transactions
- In-app support
Mettle is an app-based business banking provider designed for sole traders and limited companies with up to two owners. To be eligible you need a balance of under £50,000 for sole traders and £100,000 for limited companies. You also need an iPhone or Android device.
Mettle’s bank account is free with transparent pricing and no hidden fees. It is easy to open online, safe and secure and part of the NatWest. The app allows you to send and receive payments, create and send invoices, matches incoming payments to invoices, alerts you to payments, add receipts to transactions, lock and unlock your card and in-app support.
13. Counting Up
Counting Up’s free business banking features:
- Plans vary in price based on amount of incoming funds
- Free plan remains free so long as your monthly income is below £750
- Most expensive plan is only £4.95/month (once monthly income above £1,750)
- Bank account number & sort code
- Automated bookkeeping
- Invoicing from the app
- Profit and Loss report
- Receipt capture
- £1 per ATM withdrawal (all plans)
- 20p per bank transfer in or out
Counting Up is geared towards smaller businesses who want not just a current account but also help with accounting and bookkeeping. You never pay a fee if you’re monthly incoming funds stays below £750/month. Counting Up is not a bank, however, all customer funds are held securely in a segregated, ring-fenced Client Account at Barclays under the FCA’s Safeguarding Rules.
Link to Counting Up Pricing Page
14. NatWest
Some of the features and benefits of NatWest’s free business bank account.
- Free banking for new businesses for 2 years when you switch
- Free banking for charities and community organisations
- Some transaction charges may apply
- Free accounting software (FreeAgent)
- Online banking
- Mobile banking
- Allows you to manage invoices, expenses and your bank account in one place
- Simple account charges
- UK based phone lines that are open 24/7
- Dedicated Relationship Manager
NatWest is a UK based bank that offers online, over the phone and branch-based banking options. They offer free business banking on their current accounts if your business has been established for less than 12 months with a turnover below £1 million for 2 years. They also offer free banking to charities and community organisations with an annual turnover below £100,000. Charges may apply for some transaction types.
NatWest’s free business bank account also gives you free access to FreeAgent accounting software which you can keep as long as you bank with them. This allows you to better manage invoices, expenses and your bank account in one place.
15. Santander
Some of the features and benefits of Santander’s free business bank account.
- Free everyday banking for business start-ups
- No monthly account fee for 12 months
- Online and mobile banking
- Access through Santander ATMs
- Can do transactions through Post Office branches
- Offers arranged overdrafts
- £500 ATM withdrawal allowance per day
- Offers text and email alerts
- Your business must be registered in the UK
- Suitable for sole traders, partnerships and limited companies
Santander is an international bank that offers a variety of business banking services which includes business bank accounts which are available free to business start-ups in their first year of trading. Their business bank account is suitable for a variety of business types including sole traders, partnerships, limited liability partnerships, private limited companies and trusts that are registered in the UK.
Santander’s business bank accounts can be managed online and accessed either through their ATMs or through Post Office branches. Their business accounts can have an overdraft added to the account by pre-arrangement. The account features include £500 ATM withdrawal allowance each day and alerts that can be sent by text or email.
16. Monzo
Some of the features and benefits of Monzo’s free business bank account.
- Offers two levels of bank account
- One account is a Lite account that is permanently free
- Some fees apply
- Free instant bank transfers
- Easy to open from your mobile
- Online account management
- Can set up payment notifications
- Use the app for invoicing and digital receipts
- Integrates with Apple Pay and Google Pay
- 24/7 customer support
Monzo is an alternative to high street banks and is fully regulated in the UK. They offer two bank accounts to businesses, one is called Lite that is always free for sole traders and registered limited companies but some transaction fees apply.
Monzo’s Lite account offers basic functionality and you can upgrade to their Pro account for a small amount each month to get more features. The Lite account provides online account management with a simple set up that can be done on your mobile. It also features payment notifications, in-app invoicing and digital receipts, ability to pay with Apple Pay and Google Pay and 24/7 customer support.
17. Amaiz
Some of the features and benefits of Amaiz’s free business bank account.
- Offers three bank accounts
- One is free for an uncapped length of time
- Some charges apply
- The business risk profile will determine which account plan you will be offered
- Easy and quick bank account
- Set up is hassle-free
- Invoicing and receipt management
- Live support through the app
- Contactless Mastercard
- Track transactions and receive notifications
- Secure and safe app
Amaiz is a banking provider that supports sole traders and small businesses with a range of banking services. They offer three types of business bank accounts and one of them is a free account. The free account is available to businesses that are classed a low-risk businesses.
Amaiz’s free bank account is easy and hassle-free to set up and manage and it offers support to help you streamline your admin processes as it enables you to send invoices and receive card payments. Their app allows you to access live support, track transactions and receive notifications.
18. Monese
Some of the features and benefits of Monese’s free business bank account.
- Offers three business bank accounts, one is free
- Dual currency account
- Contactless debit card
- Can set up direct debits and recurring payments
- Integrates with Apple Pay and Google Pay
- Free monthly ATM withdrawals up to £200
- Free transfers to other Monese accounts
- £2,000 free foreign currency card spend
- Can change your plan at any time
- Multilingual customer support
Monese is a mobile bank account provider who was one of the first providers of this kind. They offer three business bank accounts that offer different levels of accounts with the basic level being free with no account fee although some transactions may incur a charge.
Monese’s free account is called Simple and it offers a variety of features including offering a dual currency account, contactless debit card, ability to set up direct debits and recurring payments, and make payments through Apple Pay and Google Pay. They allow free transfers to other Monese accounts, monthly ATM cash withdrawals of £200 and £2,000 free foreign currency card spend.
19. Triodos Bank
Some of the features and benefits of Triodos Bank’s free business bank account.
- Bank account with no monthly administration fees
- Some charges apply on transactions
- Socially conscious bank
- Designed for social ventures and charities
- Requires a minimum turnover of £50,000
- Can be managed online, over the phone or through the post
- Helps to manage day to day banking
- Allows payments from and to abroad
- Can set up Direct Debits and Standing Orders
- Debit and credit cards may not be available
Triodos Bank is a socially conscious bank offering ethical banking services to businesses and charities that fit with their ethos and they review your fit with them before accepting your application. They offer two types of accounts – social ventures and charities which have no monthly administration fee but do have transaction fees on some transactions.
Triodos Bank’s accounts help organisations to better manage their day to day banking through online management, over the phone and by post. Their account features include being able to set up Direct Debits and Standing Orders, make and receive payments from abroad, and you may be able to make over the counter deposits.
20. GoSolo
Some of the features and benefits of GoSolo’s business bank account.
- No monthly account fee on the Business Account, only pay for what you use
- Offers accounts suitable for small businesses
- Can be set up in as little as 10 minutes online
- Their accounts are completely digitally accounts
- Accounts can be managed through the mobile app available on iOS and Android
- Includes a Mastercard debit card
- Secure service with two-factor authentication
- Design to support you in tracking your spend and save for taxes
- Provides free company formation
- Some account restrictions may apply
GoSolo is a digital banking provider that offers a business account that caters for people that work solo such as freelancers, consultants and founders. They offer more than just bank accounts to new businesses as they also provide assistance with company formation (free) and free virtual business address in the UK. You can also access partner perks to aid your business including Xero, Stripe, Swoop, Grammarly, Superscript and SeedLegals.
GoSolo’s business account can be set up in 10 minutes online and is a digital account which is managed completely online or through the mobile app. The bank account includes a Mastercard debit card which has a transaction allowance of £1,000 and daily limit if £5,000.
Common Questions
What is a free business bank account?
A free business bank account is an account for business transactions that costs nothing to open and doesn’t charge monthly fees – as the name suggests.
A free business account will either be permanently free or only free for a limited period of time. This could be anywhere from 6 months to 2 years until you have to start paying fees to keep your account open.
You can receive and make payments, set up debits, make deposits and withdraw cash with free business banking.
Keep in mind that some free business accounts that appear to be ‘free’ can actually come with additional charges or hidden costs. For example, you might be charged for certain services, or there could be limits on the number of free transfers you can make.
It’s always a good idea to read the fine print of any no-fee business account so that you know the exact terms of your free period and when to expect to pay fees.
Do free business bank accounts have any disadvantages?
While the obvious benefit of a free bank account is that you won’t be paying a monthly fee, it often isn’t as straightforward as opening an account and never paying fees at all.
Potential disadvantages of free business bank accounts include the following:
– It might only be free of charge for a limited period before you will need to pay an annual or monthly fee.
– The features and services may be limited compared to a paid business account.
– You may still be charged for certain transactions and functions, which can add up quickly.
To avoid any costly surprises, be sure to check the terms and conditions of a free account.
Can sole traders get a free business bank account?
Yes, most types of businesses can open a free business account – whether you are a sole trader or a limited company. They are especially useful for new businesses or startups.
Sole traders aren’t required to separate their business and personal finances. This means that they don’t necessarily need both business and personal bank accounts, but a free bank account for business purposes can be very beneficial.
Some benefits include easier tax returns, building a credit history for future financing, and it will appear more professional to customers.
How much are regular business accounts?
Regular or paid accounts usually charge monthly fees, as well as some transaction fees.
The monthly fee on a business bank account can range anywhere from £2 to £12 in the UK.
Here is a useful price comparison of business account providers to give you more of an idea of what you will pay using these types of accounts.
Who qualifies for no fee business bank accounts?
Free-of-charge bank accounts are typically aimed at small businesses like startups.
Technically speaking, a small business is defined as a company with:
– an annual turnover of less than £5.6 million
– an annual balance sheet of less than £2.8 million
– 50 or less employees
If you qualify, you can compare the best selection of business accounts here to find the best business bank account (with no fee) to suit your requirements and your budget.
Which bank is best for startups?
Startups have a huge selection of banks to choose from when it comes to opening an account for business finances. This includes high street banks, smaller banks and banks that only offer online banking.
Some offer permanent free-of-charge accounts, while others offer a limited free period before charging a monthly or annual fee. Most business bank accounts will have charges for certain transactions.
How to choose the best business banking provider?
Determine which features and services you will need and use the most.
For instance, will you need to deposit and withdraw money regularly? Will you need direct debits? Will you be sending international payments?
Compare what different financial providers charge for the specific services you need, and pick one that offers the most value.
If you need to make several bank transfers daily, a free bank account that charges a fee for every transaction won’t be ideal for you.
You would likely rather benefit from a paid business bank account with a small monthly fee with no charges on transactions.
If you majority of your banking is done online, consider a free digital business account with a virtual debit card.
To make your decision easier, take a look at our Top 24 Best Free Business Bank Accounts With No Fees.
This guide compares bank fees (if any) and key features associated with the top no-fee bank accounts available so that you can easily pick the best account for your business.
Financial Disclosure: We may be paid a fee if you visit NerdWallet via a link at the top of the page, also if you open an account via Starling, Cashplus, Tide, ANNA, Wise Revolut.