This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

This comparison simply includes all savings accounts.

Starling Bank
Business Current Account Starling Bank
Monthly Fee £0
Account Type Business Bank Account
Features Very Fast Setup

Why we like it: Send fast and transparently priced money transfers to over 35 countries worldwide, cheaper than most high-street banks. Free contactless Mastercard. No fees for spending and withdrawing money abroad, and you’ll get Mastercard’s real exchange rate. Automated accounting: Link your account with QuickBooks, Xero and FreeAgent. Real-time notifications: Receive a notification whenever money enters or leaves your account. Enjoy your award-winning business bank account without having to pay any monthly fees. 24/7 UK support. British Bank Awards Best British Banking Provider Winner 2018, 2019 and 2020. FSCS protection: Eligible deposits are covered up to £85,000 by the Financial Services Compensation Scheme. Add the Business Toolkit to your free account and automate bookkeeping alongside your banking to save precious time on financial admin – Get the first month free (£7 per month after that)

Go Solo
Business Current Account Go Solo
Monthly Fee £0
Account Type Business Bank Account
Features Open a business, not just a bank account

Why we like it: Free Master Card™ Business Debit Card. Register online in minutes. Securely manage your card and account. Statements and all transactions in one place with agile search. Invoice & payments hub: Issue, send and track invoices in a few clicks. Instant GBP payments via Faster Payments Network. Strong customer authentication protocols (SCA) ensure the security Option to open a new Limited company registered with Companies House free of charge. Full transaction history, card status, PIN and limits management through the app. All funds are held in a safeguarded account. Monthly fee: Free to start, up to £5 for more advanced options

Tide
Business Current Account Tide
Monthly Fee £0
Account Type Mobile Business Bank Account
Features Get £50 & 12 Months FREE Transfers (T&Cs)

Why we like it: Get £50 and a year of free transfers on us when you open a business account with us! T&Cs apply. Just use the code: FAIRINVESTMENT. Designed for growing businesses and freelancers. Free account opening in as little as 5 minutes. Free contactless Mastercard. No monthly or annual fees. Free card payments UK and abroad. Free transfers between external accounts for one  year (20p per transfer thereafter). Free transfers between Tide accounts. ATM cash withdrawals  – £1. Cash Deposits – £1 at Post Office or 3% at PayPoint. 1 in 12 business current accounts opened in the UK was with Tide, within a year launch. Mobile App Features: Sync with accounting software such as Xero, QuickBooks, FreeAgent, Sage, KashFlow and Recko. Overview of your balance and all transactions listed in seconds. Auto categorisation for income and expenditure. Instant switching between separate accounts. Freeze and unfreeze card, get card PIN reminder and order a free replacement in seconds. Create and pay invoices. Access your account on any laptop or desktop

Cashplus
Business Current Account Cashplus
Monthly Fee £0
Account Type Business Bank Account
Features No Credit Checks

Why we like it: Instant online approval 100% guaranteed. No credit check to open an account. Perfect for any type and size of business. Mobile app - Manage your account, from the palm of your hand, 24/7. Free to receive bank transfers. No monthly account management fees. No UK purchase transaction fees. Any size of UK business or organisation can apply for our account – even if you don’t have a credit or trading history. Integrated with most accounting software. Business Expense Cards - Add up to 20 additional cards to your business account to provide to your employees, for simpler expense management. £69 annual fee. Maximum balance £15,000. Daily ATM withdrawal limit £500. Apply in just 4 minutes

Cardonebanking
Business Current Account CardOneBanking
Monthly Fee £12.5
Account Type Business Bank Account
Features No Credit Checks

Why we like it: Account designed specifically for small businesses. No credit checks to open account. Pre paid Mastercard. Mobile app available - check your balance, view statements & pay bills. Earn cash rewards of up to 3.5% when you shop using your card at more than 35 major high street retailers including ASDA, Argos, Boots, Marks & Spencer, B&Q, Wilkinson. Online application online in less than 10 minutes. Most accounts opened within 3 hours. Application Fee £55. Minimum monthly account fee of £12.50. UK registered business only. Primary account holder must be at least 18 years of age. Business owner/ UK residents only

Anna
Business Current Account Anna
Monthly Fee £0
Account Type Mobile Business Bank Account
Features Great For Small Businesses & Sole Traders

Why we like it: Try ANNA free for six months. Set up your account in less than 10 minutes and Debit Mastercard® sent the same day. ANNA doesn’t offer credit, which means the process is different by design – it’s fast, and applying won’t affect your credit score. Direct debit support. UK-based chat support – 24/7. ANNA creates and sends sales invoices for you, and politely chases payments due too. ANNA also schedules payments of purchase invoices. Connect your personal and business current accounts from other banks to ANNA to view balance and payment history in the ANNA app. ANNA will be ready for Making Tax Digital (MTD). After six months monthly fee will start from £5

Currensea
Business Current Account Currensea
Monthly Fee £0
Account Type Mobile Business Bank Account
Features Great For Trading Abroad

Why we like it: Great for businesses dealing abroad. Interbank rates, the best anywhere. No card charges, no FX fees. Exchange rate 0% above wholesale. Pay in all 180 currencies. Automatic integration with all accounting platforms. Virtual or physical World Debit card. Mobile app lets you track spending and monitor transactions. Set spend limits, freeze and unfreeze your card or view your pin. Partnering with all the major high-street banks, connecting securely through Open Banking. No hidden transaction fees, even at the weekend. Zero ATM withdrawal fee up to £500/month. Apply online and receive your card in 3 to 5 days

ANNA Business Bank Account

What is an ANNA business bank account?

An ANNA business account is a bank account designed for small businesses.

If you’re a sole trader, freelancer, director of a Limited Company or LLP, then an ANNA business account is for you.

ANNA stands for Absolutely No-Nonsense Admin. Their business bank accounts organise and streamline your business finances, and even tracks your expenses and does your invoicing and company taxes for you.

The ANNA bank app makes your financial admin simpler so you can spend more time focusing on growing your company.

What are the benefits of an ANNA business current account?

There is a wide range of account features and benefits for small business owners with an ANNA account, and you can tailor your account to include the ones you want.

This means you don’t pay for services you aren’t using.

Here’s a life of our favourite ANNA Bank account features that help you get the most out of your business current account.

Banking Features:

  • A balance of up to £500,000
  • Free ATM withdrawals up to £5,000 per month
  • Free UK transfers up to 200 per month
  • Sort Code and account number for your business
  • Up to 20 debit cards for your business account
  • Up to 10 users with access
  • Set up Direct Debits
  • Connect to your other bank accounts
  • Free ANNA to ANNA transfers
  • Instant payment notifications
  • 1% cash back on purchases
  • Send and receive foreign payments

Invoicing Features:

  • Easy to share payment link for payment requests
  • Create and send quick and professional invoices with your logo
  • Set up reoccurring invoices
  • Auto-match payments to your invoices
  • Tax and Expenses Features:
  • Download your transactions as CSV reports
  • Integrated accounting software
  • Receipt capture for expenses
  • Accountant access
  • Tax reminders
  • VAT estimates

Customer Service Promises:

  • 24/7 service support
  • Guaranteed 10-minute chat response time
  • UK based live-chat team
  • Quick and easy sign-up process

Is an ANNA bank account free?

With an ANNA business bank account, you pay for what you use.

There is a free account available that charges zero monthly fees, so if you don’t use your business account for a month, you won’t pay for it.

If you want to increase your allowances or get access to additional features, you can choose to pay a monthly subscription of £4.90, £9.90 or £19.90 per month depending on your company’s banking needs.

You can choose the right level of service for you so that you aren’t paying for features you don’t use, and you can even create a bespoke plan if you think you’ll exceed the standard limits.

Is ANNA a real bank?

ANNA is not a bank, but provide a business account for your business banking.

How safe is an ANNA business account?

ANNA Money is an agent of TrueLayer who are Authorised and Regulated by the Financial Conduct Authority (FCA) under the Payment Services Regulations 2017, along with the Electronic Money Regulations 2011.

What do I need to open an ANNA business account?

  • You need a photo of your full driving licence or a photo of your valid passport.
  • You need to be a Uk resident
  • If you don’t have a driving licence or passport, you can provide a photo of yourself certified by a solicitor or accountant.
  • You may also need a recent utility bill or another form of proof of address within the last 3 months.

How long does ANNA bank take to approve a business account?

You can open an ANNA business current account in under 5 minutes.

How to open an ANNA business account:

  • Download the ANNA app
  • Verify your identity with photo ID
  • Answer a few questions about your business
  • Start banking

ANNA doesn’t do credit checks like banks do as they don’t offer credit cards. This means they only do identity checks, so the process is quicker and much easier.

Latest news

Top 3 picks for current accounts in 2021

Over 5.1 million UK bank and building society customers have switched their bank accounts using the free (and guaranteed) current account switching service which simplifies the process for customers. Read More »

Newsletter signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

Let's get social now! Twitter Facebook

About us

Simplysavingsaccounts.co.uk is a trading style of Fair Investment Company Ltd.

We've been comparing savings and current accounts for many years so you can trust you're in good hands.