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.

Santander
Everyday Current Account Santander
Open With £1
Account Type Current Account
Features Fee FREE Account Earn up to 15% cashback

Why we like it: No minimum monthly funding or monthly fee to maintain the account. Earn up to 15% cashback with Retailer Offers. Stress-free account switching in 7 days with the Current Account Switch Service. £300 ATM withdrawal per day, Arranged Overdraft facility (subject to status). Online and Mobile Banking with text and email alerts. Must be 18 or older and live in the UK permanently. 39.94% EAR overdraft charge. Bank is registered with the Financial Services Compensation Scheme (FSCS), so any money you keep will be fully protected, up to £85,000

Starling Bank
Mobile App Bank Account Starling Bank
Open With £0
Account Type Mobile Bank Account
Features Fee FREE Account Pays 0.05% AER

Why we like it: Free current account. Pays 0.05% AER interest on balances up to £85,000. Get set up in minutes. Send money abroad: Fast and secure money transfers to bank accounts in 38 countries worldwide. No fees when you pay with your card abroad or withdraw money. Get a spotlight on your spending: See what you’ve spent instantly with real-time payment notifications. 3 month interest holiday on the first £500 of an arranged overdraft. Best British Bank and Best Current Account in 2020 at the British Bank Awards. Awarded 5 stars by Defaqto. Bank is registered with the Financial Services Compensation Scheme (FSCS), so any money you keep will be fully protected, up to £85,000

Cashplus
Personal Current Account Cashplus
Open With £0
Account Type Current Account
Features No Credit Checks Online App

Why we like it: A bank account that can build credit history. No credit check during sign up. Apply straight from your mobile. Instant online decision. Get your Contactless Debit Mastercard within 3-5 working days. Add Creditbuilder onto your account and it could help build your credit rating at no extra cost. Deposit cash into your account at any Post Office UK branch. Money is available in your account immediately. Manage your account 24/7 from any device with the banking app - get real time balance information, statements, add payees send payments and apply for extras. Automatic payment alerts. UK based Customer Services Team. Your money is protected up to £85,000 by the FSCS (Financial Services Compensation Scheme)

Santander
123 Mini Current Account Santander
Open With £0
Account Type Childrens Current Account
Features Children 18 or under 3% AER Interest (T&Cs)

Why we like it: Can be opened by or on behalf of any child up to the age of 18. Debit or cash card available for those aged between 13 and 18. Monthly interest. No monthly fee. For children under age 13, the account must be opened in trust and managed by an adult (trustee). If you’re aged between 13 and 18 years old and live permanently in the UK you can apply online by telephone or in branch. No overdraft facility. 1% interest on the entire balance once the balance is £100, 2.00% AER/1.98% gross (variable) on the entire balance once the balance is £1,500, 3.00% AER/2.96% gross (variable) on the entire balance once the balance is £1,500 or over (up to a maximum of £2,000). Bank is registered with the Financial Services Compensation Scheme (FSCS), so any money you keep will be fully protected, up to £85,000

Charter Savings Bank
Fixed Rate Bond Charter Savings Bank
Min deposit £1000
Term 1 Year
Interest AER 0.61%

Why we like it: Register for a free Raisin UK Account to apply for product. Interest paid on maturity. Maximum deposit £85,000. FSCS Protected. Must be UK resident and aged 18 or older. No withdrawals permitted

FCMB
Fixed Rate Bond FCMB
Min deposit £1000
Term 2 Years
Interest AER 0.88%

Why we like it: Register for a free Raisin UK Account to apply for product. Interest paid on maturity. Maximum deposit £85,000. FSCS Protected. Must be UK resident and aged 18 or older. No withdrawals permitted

FCMB
Fixed Rate Bond FCMB
Min deposit £1000
Term 3 Years
Interest AER 1.00%

Why we like it: Register for a free Raisin UK Account to apply for product. Interest paid on maturity. Maximum deposit £85,000. FSCS Protected. Must be UK resident and aged 18 or older. No withdrawals permitted

RCI Bank
Freedom Savings Account RCI Bank
Min deposit £100
Term Instant Access
Interest AER 0.4%

Why we like it: Which? Recommended Savings Provider. No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services. Compensation Scheme (FSCS)

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 4 Years
Interest AER 0.9%

Why we like it: Which? Recommended Savings Provider. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

RCI Bank
Fixed Rate Bond RCI Bank
Min deposit £1000
Term 5 Years
Interest AER 0.95%

Why we like it: Which? Recommended Savings Provider. Save from £1,000 to £1,000,000. No withdrawals before the end of the term. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)

RCI Bank
Freedom Savings Account RCI Bank
Min deposit £100
Term Instant Access
Interest AER 0.4%

Why we like it: Which? Recommended Savings Provider. No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services. Compensation Scheme (FSCS)

Aldermore
Easy Access Account Aldermore
Min deposit £1000
Term Easy Access
Interest AER 0.3%

Why we like it: Market Leading. Balances from £1,000 to £1 million. Unlimited withdrawals without restriction or loss of interest. Eligible deposits covered by UK FSCS.

load more

Compare Barclays business current accounts

Barclays is one of the UK’s best known high street banks offering both personal and business banking. They have different kinds of business current account to suit different types of customers, so it is a good idea to check exactly what their various accounts have to offer to see which might be a good fit for your company’s banking needs.

Types of Barclays business bank accounts

Barclays offer current accounts for businesses with two main payment plan options – these are their Mixed Payments Plan and e-Payments Plan.  

With both plans you will receive a guaranteed level of support and a monthly loyalty reward, which means the longer you keep your business banking with Barclays, the less you will pay in bank charges. It is free to take cash out at an ATM and make internal electronic transfers with both plans, but other fees vary from plan to plan.

Mixed Payments Plan

This plan requires you to pay a small fee per transaction for electronic payments (in and out) and a slightly higher fee per £100 for cash payments (in and out). You will also need to pay per transaction for cheques and assisted payments (in and out) and pay a monthly account fee.

This account is ideal for business customers who will be taking and making payments in a range of ways on a regular basis.

e-Payments Plan

With this plan, electronic payments in and out are free, but you will pay a higher rate per £100 for cash payments (in and out) and per transaction (in and out) for cheques and assisted payments compared to the Mixed Payments Plan. There is also a slightly higher monthly account fee.

This type of account is best for companies that take and make most of their payments electronically.

What to look for in a business bank account

Whether you choose to take out a business current account with Barclays, or decide to investigate what their competitors have to offer, there are certain key features it is worth looking out for:

  • Interest rates paid on credit balances
  • What overdraft facility is offered and any associated fees and interest rates
  • Standing charges i.e. monthly or quarterly fees for having the account
  • Transaction fees
  • Introductory offers (such as 12 months free business banking)
  • Online and phone banking (standard with most modern business accounts)
  • Any extra financial tools offered (such as banking apps)
  • How much support the bank provides with different types of business accounts

Find the best business current account for you

When sorting out your business banking, it is important to get the best deal possible. This can save you from paying more than you need to in fees and interest charges, and can help you earn money if you are likely to be in credit most of the time.

However, knowing which of the many banks and building societies on the market offers the best value for you can be difficult. This is why we offer a free business current account comparison tool, to help make your life easier.

All you have to do is head to the top of the page and you can see the key features of the best value accounts from all the leading lenders. This means you can easily compare and contrast the various accounts to see which is the best fit for your needs, allowing you to get a great deal on your business banking.

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.