Compare business transaction accounts
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Read from each issuer's own pages · The oldest figure here was read 34 days ago.How we compare
4 of 4 accounts
Barclays
Free for the first 12 months, then £8.50 a month. Businesses with an existing Barclays business current account are not eligible for the free period.
Simple electronic payments including Faster Payments, Direct Debits and Standing Orders free; debit card payments free; cash out free; cash in 60p per £100; cheques in and cheques out 60p each.
No bundled monthly transaction allowance published; standard electronic transactions are free and cash and cheque items are charged per item.
Barclays publishes a separate Business Credit Interest Tariff that pays credit interest at 2.5% below the Bank of England base rate, so interest may not be paid when the base rate is 2.5% or below; the standard Business Current Account tariff read publishes no credit interest rate (barclays.co.uk, read 2026-09-22).
Business current account. The 12-month free period is for a business without an existing Barclays business current account.
NatWest
No monthly fee during the 2 years of free banking on everyday transactions; the standard tariff applies after the offer ends.
Everyday transactions are free during the offer period; charges for unarranged overdrafts, Bankline, international payments and extra services still apply.
Free banking on everyday transactions for 2 years when switching with an annual turnover up to £2m.
No credit interest is published: NatWest's business account charges leaflet sets out transaction and overdraft charges and publishes no credit interest rate for the Start-up Business Account (natwest.com, read 2026-09-22).
Start-up account with 2 years' free banking on everyday transactions. A community account is free where the annual credit turnover stays under £100,000.
HSBC UK
Free for the first 12 months, then £10 a month, on the primary account for start-up and switcher customers.
Standard domestic digital transactions and debit card payments free; after 12 months, branch and Post Office counter cash credit and withdrawal £1.50 each, branch cash in/out 1.5% of value, self-service cash in 1.5%, and cash machine cash out 25p plus 0.6% of the cash value.
12 months of free banking on the primary account for start-up and switcher customers, during which all day-to-day standard transactions are free.
Not published
Business Banking Account for small and medium businesses needing a relationship manager; the Small Business Banking Account has no monthly fee.
Santander UK
£9.99 a month. A start-up in its first year of trading, or a switcher using the Current Account Switch Service, pays no monthly fee for the first 12 months.
Santander cash machine withdrawals free; counter cash withdrawals £1.25 per £100; cash deposits over £1,000 a month at Santander cash machines £1.25 per £100; counter cash deposits £1.25 per £100; cheque deposits £0.70 per cheque.
No bundled transaction allowance published; the £1,000 a month paid in at Santander cash machines without charge is the only allowance.
No interest is paid: Santander's Key Facts Document states "We don't pay interest on the account" (Santander Business Current Account – Classic Key Facts Document, read 2026-09-22).
Business Current Account – Classic. Start-ups in their first year and switchers from another provider get 12 months with no monthly fee.
Not checked: we have not read this figure yet. None: the issuer publishes that there is no such fee. Not published: the issuer does not publish this figure. Not offered: the provider does not offer that market or product. * Details and conditions are in the expanded row.