Recommended Business Bank Account
Recommended Business Bank Account
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Discussion

x404

Original Poster:

90 posts

163 months

Thursday
quotequote all
I'm considering switching away from our Lloyds business account, the maintenance fee is increasing this July to £10 a month and we've had a couple issues with statement errors last year too.

It's for a small limited service business, 99% electronic transactions, no cash deposits, couldn't be simpler.

Any recommendations from actual account holders here? Starling, Monzo, Co-op, they are the ones that crop up the most...

Dav72D

142 posts

192 months

I've just opened a Mettle account as it has Free Agent for "Making tax Digital".
I'm closing my Santander account because of their fees.

macron

12,832 posts

190 months

Monzo,

I pay £9 PCM to link to Xero. Otherwise very straightforward, no other fees for basic transactions. Was with Ll for years, can't believe how much I wasted on it...

Rufus Stone

12,250 posts

80 months

A colleague recently established one with Virgin, says they have been great. They even give cash back on card purchases.