Compare business bank accounts
 Tide (Free) |  Monzo (Lite) |  Starling (Free) |  Revolut (Basic) |  Mettle by NatWest (Free) |  Santander (Business Current Account) |  Barclays (Startup account) |  Lloyds (Startups and SMEs) |  HSBC (Kinetic) | |
|---|---|---|---|---|---|---|---|---|---|
Free business bank account | Free for 12 months for startups, then £9.99/mo | Free for 12 months, then £8.50/mo | Free for 12 months, then £8.50/mo | Free for 12 months, then £6.50/mo | |||||
Quick and easy | |||||||||
No monthly fees | |||||||||
100% online | |||||||||
FSCS protection (up to 120k) | |||||||||
24/7 in-app chat support | |||||||||
Switch service | |||||||||
Accounting integrations | |||||||||
| |||||||||
Internal account transfers | Free Free | Free Free | Free Free | Free Free | Free Free | Free Free | Free Free | Free Free | Free Free |
Instant UK bank transfers | 5 free/month 5 free/month | Free Free | Free Free | 10/mo, then 20p 10/mo, then 20p | Free Free | Free Free | Free Free | 100 free/mo, then 20p | Free Free |
UK card transactions | Free Free | Free Free | Free Free | 1% + 20p 1% + 20p | Free Free | Free Free | Free Free | Free Free | Free Free |
Payments abroad | 2.75% fee 2.75% fee | 1% fee 1% fee | 1% fee 1% fee | £5 fee £5 fee | 2.95% of the value | 2.75% of the value | 2.75% of the value | 2.75% of the value | |
ATM withdrawals | £1 £1 | Free Free | Free Free | 2% fee 2% fee | Free Free | Free Free | Free Free | Free Free | 0.60% of the value withdrawn |
Cash deposits at the Post Office | £2.50 (0.5% of value on deposits over £500) | £1 £1 | £3 £3 | Free Free | Free up to £1k then 70p per £100 | 60p per £100 60p per £100 | £1.50 for every £100 | 1.50% of value deposited | |
Cash deposits at a PayPoint | 3% 3% | £1 £1 | Free Free | Free up to £1k then 70p per £100 | 60p per £100 60p per £100 | £1.50 for every £100 | 1.50% of value deposited | ||
Replacement cards | Free Free | 2 Free, then £5 2 Free, then £5 | £5 £5 | £5 £5 | £5 £5 | Free Free | Free Free | Free Free | Free Free |
Invoicing | 3 free/mo 3 free/mo | ||||||||
Payroll software | £12 + VAT £12 + VAT | £10/month + £3 per active team member | |||||||
POS card machines | From £59 From £59 | From £49 From £49 | From £15/mo + VAT | From £49 From £49 | |||||
| Only on iPhone Only on iPhone | Only on iPhone Only on iPhone | |||||||
Payment links | |||||||||
International payments | |||||||||
Virtual debit card | |||||||||
Apple/Google pay | |||||||||
Scheduled payments | |||||||||
Receipt capture | |||||||||
Auto-categorisation of income and expenses | |||||||||
Team expense cards | £5/mo £5/mo | £5/mo £5/mo | |||||||
Business savings | Instant access account up to 4% AER variable* | Savings pot 1.50% AER variable | Savings pot 1.46% AER variable | Business Everyday Saver 1.00% AER (variable) | Business Premium Account up to 1.81% AER (variable) | Instant Access Account up to 1.92% AER (variable) | HSBC Kinetic - Savings account up to 1.79% AER (variable) | ||
Business loans | |||||||||
Accounting software | From £13.99/mo + VAT | From £7/mo From £7/mo | |||||||
Register a business with Companies House | £14.99 £14.99 |
*Interest rates are tiered, with the top rate for balances between £1M and £10M. New Tide Members get these rates free for 4 months, after which your Tide plan’s rates apply. Savings account powered by ClearBank. Rates correct as of 26/05/2026.
How we compare
Ready to switch to Tide?
Wave manual admin goodbye and use the Current Account Switching Service to move your existing business account Switching is completely free and only takes 7 working days from the date you choose to switch All we need from you is your old bank details, the rest is handled automatically, securely and fuss-free
Try a paid plan for free
Our plans at a glance
Free
£0.00MONTHLY
- ❌ Unlimited free transfers
- ✔️ International payments
- ✔️ Up to 2.00% on savings
- ❌ Enhanced team access
- ❌ Phone support
- ❌ 0.5% cashback with your Tide card
Smart
£12.49MONTHLY
- ❌ Unlimited free transfers
- ✔️ International payments
- ✔️ Up to 2.50% on savings
- ✔️ Enhanced team access
- ✔️ Phone support
- ❌ 0.5% cashback with your Tide card
Pro
£27.49 MONTHLY
- ✔️ Unlimited free transfers
- ✔️ International payments
- ✔️ Up to 3.00% on savings
- ✔️ Enhanced team access
- ✔️ Phone support
- ❌ 0.5% cashback with your Tide card
Max
£69.99 MONTHLY
- ✔️ Unlimited free transfers
- ✔️ International payments
- ✔️ Up to 4% on savings*
- ✔️ Enhanced team access
- ✔️ Phone and dedicated member support
- ✔️ 0.5% cashback with your Tide card
Matt HerdBeaucroft Watches