Business account
A UK business bank account that makes life easier for you, and your customers.
Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
Business feels better with Monzo
Whether you’re a team or on your own, just starting out or been going for years, join 500,000+ businesses banking with us.
Fully regulated UK bank
By the Financial Conduct Authority and the Prudential Regulation Authority, just like other banks.
24/7 customer support
In-app chat managed by friendly, real people with the option to call or email us if you need to.
Apply in minutes
92% of business accounts are opened the same day. Apply online or download the app.
Packed with everything you need
Everyday business banking essentials, time-saving tools, team spending controls and our signature money management features.
FSCS protection
Your eligible deposits may be protected by the Financial Services Compensation Scheme (FSCS) up to £85,000. Learn more.
Pay and get paid
Cheques, cash, in-person, online, and contactless. By payment terminal, payment links and QR codes, invoices and more.
Tax and accounting tools
Let the bookkeeping take care of itself by connecting Xero, Freeagent or Quickbooks so you can spend time on other things.
Spending and expenses
With expense cards for people who need them and the option to approve payments over certain limits for everyone on your team.
Loans and overdrafts
Overdrafts and loans for eligible sole traders with a Monzo Business account, 18+, Ts&Cs apply.
Interest earning savings
Earn up to 1.60% AER interest (variable) on your spare money. Interest paid monthly with no minimum deposit. Ts&Cs apply.
Banking with the best
Britain's Best Business Banking Provider 2024 and the Most Recommended Business Account for Overall Service Quality.
Independent service quality survey results
Published August 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.
Different plans to suit your... plans
Choose what works for you
Your Monzo Business Account comes with our free Lite plan as standard with the freedom to upgrade to Pro or Team depending on what’s right for you.
Pro is £5 per month, your first month is free.
Team starts at £25 a month. Your first 3 months are free if you apply before 31/1/2025. Team starts from £25 a month after that.
Ts&Cs apply.
Feature spotlight
Time saving expense cards
Claim back lost time with employee expense cards you can set limits and controls for.
Let selected team members spend up to limits and save everyone from endless expense admin. Receipts, reasons for spending and VAT rates are all captured in the app for you to check.
Available with Team, starting from £25 a month.
Turn the tables on tax
Choose to automatically put a percentage aside for tax every time you get paid.
No more forgetting to save for your tax bill, and no more moving between accounts to see where the money’s coming from.
Tax Pots are available with Pro and Team which start from £5 a month.
Peace of mind for you. Front of mind for us.
Safety first features that let you get on with the day-to-day and sleep well at night. Like call status, that tells you if it’s really us you’re talking to on the phone and not a fraudster.
Customer testimonials
"I can spend more time doing the things I enjoy, which is why I started my business in the first place."
Matt Navarra
Social media consultant
Digital marketing | Wales, UK
"I used to spend a lot of time doing accounts. Now, it's instant."
Olivia Estebanez
Director, Oui Digi
Photographic rental agency | London, UK