Small Business Current Account

Compare Small Business Current Accounts

There are number of different banks that will offer contrasting policies and benefits on small business current accounts. If you are searching for a suitable agreement, it is important to consider exactly what sort of benefits your business may require depending on its size and sector. In order to find the most suitable current account for small business owners, there are several important factors that should be taken into consideration, including:  

  • If there are any offers or benefits for new customers
  • Whether or not the bank in question has a small business team
  • Online banking
  • Charge rates for transactions when compared to other banks
  • If there will be any additional charges in certain circumstances, i.e. if the agreed overdraft limit is exceeded

Apart from the service and facilities offered by individual banks, the best way to insure you get the right business current account deal is to take the time to perform a thorough comparison of the business current accounts offered by the big players in the marketplace.

Compare Business Current Account Deals
 AccountInterest (AER)Account ChargeCheque ChargeDebit CardFeaturesApply
0.00%£0.71p (Free for first 18 months)yes18 months FREE business banking (save up to £480). £500 fee free overdraft. No annual fee on credit card for first 12 months.Up to £1,000 of free start up 033 3355 9428Call Now >
n/a0.5% of cheque valueyesNo credit checks, pay in at Barclays branches and at the Post Office , pay bills using Faster Payments from your smart-phone, UK call centre.Call Now >

Ideally as a small business owner, customers will want their money to be managed as cheaply as possible. To this end, there are a number of banks that may offer small business current accounts that have relatively low charges for transactions.

It should also be remembered that interest rates for small business current accounts will tend to be quite low due to the high amount of transactions that commonly take place. Indeed, it is not unheard of for some banks to offer no interest for certain business accounts.

When searching for an appropriate business current account deal, it is recommended to consider various different policies from as many different banks as possible. Weighing up the pros and cons of these offers will generally produce the best results in terms of finding the most suitable policy.

You should take a few moments to examine our business current account comparisons table.