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.
11 results found, sorted by affiliated products first. How we order our comparisons. Commission earned affects the table's sort order.
Free accounting software available to business account holders. T&Cs Apply
Lloyds Business Account
Account fee
12 months free, then £8.50 per month
FSCS Protection
Yes
Account management
App, Branch, Online, Phone
Set-up time
4-8 Days
*After 12 months, there’s a monthly fee of £8.50. Some fees and transaction charges will apply as soon as the account is open. This offer only applies to the business’s first current account. Free accounting software available to business account holders. You must be registered for Online for Business or Commercial Banking Online. UK based businesses only
To qualify for this account you need to be a sole trader, partner or company director and be aged 18 or over. Must not already have a Lloyds Bank business account for this business. Lending is subject to status.
More Information
Good to know
- No monthly account fee for first 12 months – keep your banking costs down while you establish your business
- Instant credit decisions of up to £5,000 – with options for a business credit card or business overdraft to support growth
- Free accounting tools – automate admin, create invoices, and send VAT returns directly to HMRC
- Manage everything in-app – open your account, apply for credit, and track finances in one place
Eligibility
| Availability | Limited companies, partnerships, sole traders & charities |
| Registration | Business registered & trading in UK |
| Max. annual turnover | £25,000,000 |
| 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. Virgin Money is a trading name of Clydesdale Bank PLC
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 £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 Business is not a fully licensed bank in the UK. Instead, you're protected by depositing with partner banks or investing in high quality liquid assets. Add money to your account by 31/12/2025 to get a £100 cash reward. 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 |
Get £175 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. New Business customers only, apply or start your switch by 9 January 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.
- Access over £5,000 in partner discounts – unlock valuable tools and services to support and grow your business
- 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 |
Free bookkeeping and HMRC tax filing + FREE DOJO GO CARD READER (RRP £179)
Countingup Business Account
Account fee
3 months free, then £3.00 per month
FSCS Protection
No
Account management
App, Online, Phone
Set-up time
Instant decision
Account Integrations: Stripe, Plaid
*Offer available for new Dojo customers only. Your Dojo account must be linked to your Countingup account to qualify for the offer.
Prepay Technologies Ltd (PPS) is the e-money issuer of your business account and Counting Ltd is a registered Agent of PPS. PPS is authorised and regulated by the Financial Conduct Authority.
More Information
Good to know
- Free 3-month trial - start with no subscription fees and explore all the features before committing
- Built-in accounting software - automate bookkeeping, tax estimates, and gain real-time insights into your finances
- Unlimited invoicing - create and send professional invoices for free, with alerts when payments are received
- Trusted by over 100,000 businesses - enjoy UK-based support and seamless data sharing with your accountant
Eligibility
| Availability | Limited companies & sole traders |
| Max. annual turnover | Unlimited |
| 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 1.40% 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 |
Get £175 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. New Business customers only, apply or start your switch by 9 January 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, a £8.50 monthly fee applies
- Access over £5,000 in partner discounts – unlock valuable tools and services to support and grow your business
- 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 |
Free everyday digital business banking* and rated ‘Excellent’ on Trustpilot
The Co-operative Bank Business Bank Account
Account fee
No account fee
FSCS Protection
Yes
Account management
App, Branch, Online, Phone
Set-up time
5 Days
Account Integrations: QuickBooks, Sage, Xero
*Charges apply for cash and cheque transactions and other special services. You can deposit cash in branch and in the Post Office for £1.50 per cheque or £1.50 per £100 cash deposited. Mobile banking is subject to eligibility.
An overdraft arrangement fee applies and where security is required, additional security fees may apply. Application subject to status (including credit checks and an assessment of your financial circumstances), eligibility and T&Cs.
More Information
Good to know
- No monthly fee – a cost-effective solution for startups and growing businesses looking to bank digitally without overhead charges
- Discounted payment terminals and free Go Get Paid access – this makes it easier to process payments and manage transactions smoothly
- Accountancy software integration – streamline bookkeeping by connecting with your preferred accounting tools, saving time and reducing errors
Eligibility
| Availability | Limited companies, partnerships & sole traders |
| Registration | UK business address |
| Max. annual turnover | Unlimited |
| UK Resident |
Exclusive savings rate and overdraft benefits and rated 'Excellent' on Trustpilot
The Co-operative Bank Business Bank Account Plus
Account fee
£10.00 per month
FSCS Protection
Yes
Account management
App, Branch, Online, Phone
Set-up time
5 Days
Account Integrations: QuickBooks, Sage, Xero and more
Exclusive savings rate and overdraft benefits. Access to our business toolbox, plus extra exclusive benefits. Charges apply for cash, cheque transactions & other special services. Applicants must be 18+. Mobile banking is subject to eligibility.
You can apply for an optional overdraft with no arrangement fee on amounts up to £25,000. Arrangement fees apply to only the amount above £25,000, and, where security is required, additional security fees may apply (subject to status and eligibility).
More Information
Good to know
- Business toolbox access – get support for your business needs, plus save up to £70 with a Love2Shop voucher when you take out eligible business insurance
- Accountancy software integration – connect seamlessly with platforms like Sage, Xero, and QuickBooks to streamline bookkeeping and reduce admin time
- Bank with confidence – eligible deposits are protected up to £120,000 by the FSCS, and the provider is rated 'Excellent' on Trustpilot (with over 14,000 reviews)
Eligibility
| Availability | Limited companies, partnerships & sole traders |
| Max. annual turnover | Unlimited |
| UK Resident |
Get £175 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. New Business customers only, apply or start your switch by 9 January 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.
- Access over £5,000 in partner discounts – unlock valuable tools and services to support and grow your business
- 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 |