Starling or Revolut business bank accounts

[KrissKross]

Just doing a little research, does anyone use either of these for business, they do seem pretty good at first glance. A more modern approach to business banking, with exceptionally low charges!

https://moneytothemasses.com/banking/revolut-busin...

https://moneytothemasses.com/banking/starling-bank...

[gregf40mark2]

I have used both (as mentioned on another thread). Revolut wins for me.

[KrissKross]

gregf40mark2 said:

I have used both (as mentioned on another thread). Revolut wins for me.

Edited by KrissKross on Sunday 5th January 19:47

[Malcolm Feth]

When I was looking for a business account, these two were on my list, but I ended up with Tide.
Very happy with the account, app and functionality. All I expected.
Might be worth checking?

[Tyre Smoke]

Neither link to Quickbooks though do they? To be honest that's the only reason I'm staying with HSBC.

[gregf40mark2]

KrissKross said:

Edited by KrissKross on Sunday 5th January 19:47

It's a shame the table is inaccurate - as I mentioned in the finance forum.

[Malcolm Feth]

Tyre Smoke said:

Neither link to Quickbooks though do they? To be honest that's the only reason I'm staying with HSBC.

Tide does :P

[Tyre Smoke]

It would appear so does Starling now.

[KrissKross]

Tyre Smoke said:

Neither link to Quickbooks though do they? To be honest that's the only reason I'm staying with HSBC.

They link to Xero though which is what we use.

[Z4MCSL]

I use Starling (with Xero) and really like it .

I also have Revolte and tide accounts as well as transferwise and some others as backups/other spaces but starling is the only one I really use.

My business isnt that complex though (professional services so its just fee + VAT and then all my costs) so it may be less useful for other sorts of businesses.

[skwdenyer]

Malcolm Feth said:

When I was looking for a business account, these two were on my list, but I ended up with Tide.
Very happy with the account, app and functionality. All I expected.
Might be worth checking?

I have Tide & Starling.

Tide do not do their own clearing. This means inbound & outbound payments take 2 hours or close to. Starling are instant in my experience.

I find the Starling app more intuitive than Tide but YMMV.

Against that, I’m able to set up multiple accounts quickly in Tide & get cards for each, which is handy.

Tide Euro account was a pain to get; this is a corollary of Tide not doing their own clearing.

HTH

[Tyre Smoke]

Is Starling Business only for Ltd companies?

[trixical]

Tyre Smoke said:

Is Starling Business only for Ltd companies?

no i'm a sole trader, when I opened mine you had to have a personal account open also if you weren't limited so I opened that and had the business account minutes later. I can't see anything saying that stance has changed

[KrissKross]

Just tried opening a Revolut business account, was refused with no explanation why?

[Mr_Megalomaniac]

Try Monzo as well, I use it with a small business I run with a family member and have had no hassles.

[ianMD]

I've had most of them, preference is Starling for both personal and business accounts. I also use Revolut, though mainly for their virtual/disposable cards. Revolut aren't backed so your £85k is not as safe (technically) as Starling, so I only use it for small change.