Monzo Business Account
Apply for a business bank account in minutes. Starting at no monthly fees.
Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
What you need to know about Monzo Business bank accounts
Get better visibility and more control over all your money with a Monzo Business bank account. Less time on finances means more time for the important stuff.
We're a fully regulated UK bank
We're regulated by all the same rules as high street banks
Open a business account online, straight from your phone
Customers voted Monzo the 2022 Best Business Banking Provider (British Bank Awards)
24/7 customer support
You get the best of Monzo
Move money easily with free, instant UK bank transfers
Get notified the second you pay, or get paid
Set money aside, separate from your balance, with Pots
- Earn interest on savings with our Instant Access Savings Pot. Ts&Cs Apply.
Built for your business
Give customers simple ways to pay online
With Monzo Business Pro, connect accounting tools so everything's in one place
Manage your business account wherever you are, with mobile and web access
Use separate virtual cards for each Pot you create, helping you control where you spend from with Monzo Business Pro
Apply for a Business account in minutes
Starting at no monthly fees.
Your questions, answered
Check if you're eligible
You can apply for a Business Bank Account if you're a UK based sole trader or director of a UK limited company.
Head to our eligibility criteria for more detail on businesses and industries we can and can’t support at the moment.
Your eligible deposits are protected
If you're a sole trader or a small business your eligible deposits may be protected by the Financial Services Compensation Scheme (FSCS) up to £85,000. 💰 To learn more about the businesses and deposits that are eligible, see here
Sign up straight from your phone
We’ll ask some questions about your business to see if you’re eligible.
If you have a Monzo Current Account, apply in your app. If you don’t have a Monzo Current Account, sign up in these 3 steps.
Apply for Monzo Business
Over 400,000 business owners have already changed the way they do business banking. Sign up from your phone to join them. Or sign up online.
If you already have a business account somewhere else, find out how to switch to Monzo Business
Independent service quality survey results
Published February 2024
As part of a regulatory requirement, independent surveys were conducted to ask customers of the largest business current account providers in Great Britain if they would recommend their provider to friends and family. The results represent the view of customers who took part in the survey.