Free your time with our business bank account
Track team spending, keep up with cashflow, and automate accounting. All with one award-winning account.
Only sole traders and limited company directors in the UK can apply. Ts&Cs apply.
Join 1 in 6 UK businesses banking with Monzo
Works for them, and it can work for you too.
Give power to your people
Put expense cards in pockets, set the limits and free your team to spend wisely.
Streamline your setup
Plug in the tools that serve you, like accounting software or Google Drive. Swerve those that don’t.
Know your numbers
Real-time balance and instant notifications remove the guesswork, so you’re clear on what’s safe to spend.
Let us automate while you innovate
Watch spending manage itself
Hand out expense cards without handing over total control. You set the spending limits and approve payments, they categorise expenses and snap photos of receipts. Sorted.
Take the pain out of payments
Pay staff and suppliers on time, in no time. Schedule the money in advance, make multiple payments in one go and if you’re sending money abroad you’ll see the fee before it leaves.
Double your bank as your bookkeeper
Automatically put money aside for tax every time you get paid. And connect Xero, FreeAgent, Sage and Quickbooks, so all of your numbers are accounted for in the same place.
Get paid without the chase
Avoid late payments and lumpy cash flow with invoices that are simple to create, customise and send. And let your customers choose how they pay, whether it’s a tap of your phone, quick link or QR code.
For start-ups and scale-ups
We’re built for businesses of all sizes. Free Making Tax Digital software is designed for sole traders, while expense cards are for growing teams.
Features vary by plan: Invoicing is only available on Pro and Team, starting from £9 a month. Making Tax Digital tool for Income Tax is available with all Monzo Business Accounts, which are available for sole traders, landlords and directors of limited companies in the UK. Ts&Cs apply.
For start-ups and scale-ups
We’re built for businesses of all sizes. Free Making Tax Digital software is designed for sole traders, while expense cards are for growing teams.
Features vary by plan: International payments is available on all free and paid plans. Team access is available on Pro and Team, starting from £9 a month. Expense cards and bulk payments are only available on Team, starting from £25 a month. Ts&Cs apply.
Apply in minutes
90% of accounts are open for business the same day. Apply online or contact sales today.
Stay switched on while you switch business bank account
Continue to make and take payments while the Current Account Switch Service (CASS) moves you over to Monzo.
Step 1
Apply for Monzo Business
You must be a sole trader or limited company director in the UK. Check out our eligibility page for the full details of what kinds of businesses we can support right now.
Step 2
Tell us when you want to move
You set the date.
Step 3
Let us do the rest in 7 working days
Money, Direct Debits and standing orders will all be moved over for you. We’ll also redirect your incoming payments, salary included, and close your other bank account.
Connected and protected around the clock
You don’t switch off, so why should we? Chat to us whenever you need to over the phone or in the app, and freeze your card any time in a few taps. Plus, If you're a sole trader or a small business your eligible money may be protected by the Financial Services Compensation Scheme (FSCS) up to £120,000.
Different plans for... different business plans
See full terms and conditions.
Lite
A free business bank account that comes with HMRC-recognised Making Tax Digital software for sole traders and landlords.
Ts&Cs apply
Pro
£9 a month
Expert banking for everyday business. Stay on top of your finances and save time doing it.
Ts&Cs apply
Team
£25 a month
Manage your team and set limits on expense spending. Bulk payments to pay salaries and suppliers in one go.
Ts&Cs apply
Join 1 million+ businesses today
More than a million businesses in the UK and Ireland have joined Monzo and changed the way they bank. So can you. Sign up or switch to Monzo Business if you have a business account elsewhere.
Britain's recommended business account for Overall Service Quality
These independent service quality survey results were published in February 2026. The results represent the view of customers who took part in the survey.
As part of a regulatory requirement, independent surveys were carried out with customers of the largest business current account providers in Great Britain. They were asked if they would recommend their provider to friends and family.
Questions? Answers.
Do I need a business bank account?
You need a business account if you’re a limited company.
Limited companies are considered a separate legal entity to you. If you’ve started a limited company, the money that company makes belongs to the company. This means you'll need to separate your own finances from the business', so you’ll need a business bank account.
Read more here.
Who is eligible for a Monzo Business Bank Account?
You can view our eligibility criteria to see if you are eligible for a Monzo Business Bank Account.
Is my money safe with Monzo Business?
Your eligible deposits may be protected by the Financial Services Compensation Scheme (FSCS) up to £120,000. Learn more. If you’re ever worried, you can speak to us 24/7 over the phone or in the app via chat. Read more about our advanced fraud prevention and everyday safety features.
How long does it take to open a business bank account?
It only takes minutes to apply for a Monzo Business Bank Account, and over 90% of business accounts are opened on the same day.
Can I switch my existing business account to Monzo?
Yes. You can switch to Monzo using the Current Account Switch Service. No trips to the bank, no messing with statements. You just need to tell us when you want to move, and we'll do the rest in 7 working days.
What are the main differences between the Lite, Pro and Team plans?
We offer different plans to suit different needs. Lite is just what you need to get your business up and running, helping you separate personal and business finances and land your first payment. Pro offers smarter tools to help tame growing admin. Team comes with different access levels and expense cards to help you spread responsibilities. Lite is free, Pro starts from £9 a month and Team starts from £25 a month. Ts&Cs apply.
Is Monzo's business account suitable for my growing business?
Monzo Business offers different plans for different businesses, whether you’re starting out or scaling up. There are different levels of team access, from admin to collaborator and expense cardholder.
As you get more hands on deck, features like expense cards and team access levels can help keep business running smoothly. You can delegate some of the day-to-day tasks and stay in control with spending limits and instant notifications so you can see who’s spending what. Expense cards and team access are available with Pro and Team which start from £9 a month. Ts&Cs apply.
I'm a sole trader. Is this business account suitable for me?
Sole traders can bank on Monzo Business, with features built specifically for you like our free, HMRC-recognised tool for Making Tax Digital.