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HSBC Start-Up Business Account

Monthly Fee:
  • FREE for 18 months
  • Then £6.50pm
Who's it for?
  • Limited Companies
  • Sole Traders
  • Startups
Borrowing:
  • Flexible overdraft facility
Offers:
  • FREE banking for 18 months

More Details

Deposit Protection stated by HSBC: "In the UK, we are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. Most depositors are covered by the scheme. In respect of deposits an eligible depositor is entitled to claim up to the current FSCS limit for deposits."
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Revolut Business Account

Monthly Fee:
  • FREE
  • Paid options
Who's it for?
  • Limited Companies
  • Freelancers
  • International transfers
Borrowing:
  • Coming soon...

More Details

Deposit Protection stated by Revolut: "Client funds are stored in a segregated account held with a tier-1 partner bank. As an FCA authorised institution, Revolut safeguards your funds as per FCA requirements, the Electronic Money Regulations 2011, and the Payment Services Regulations 2017. In the unlikely event that our partner bank were to become insolvent, you will be able to claim your funds from this segregated account and your claim will be paid above all other creditors."
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Monese Business Account

Monthly Fee:
  • £9.95pm
Who's it for?
  • Limited Companies
Borrowing:
  • No overdraft facility
Offers:
  • N/A

More Details

Deposit Protection stated by Monese: "Monese is subject to FCA regulations. We protect 100% of your money by holding it at major banks and never lending or reinvesting it."