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Business banking made easy

Choose a Business Lite account for free, or Business Pro for £5 a month

Banking that works around your business

Get ahead on your finances, so you can get back to running your business.

Tax Pots

Choose a percentage to automatically set aside for tax, every time you’re paid. No more worrying if you've remembered to set aside money every week, and no more shifting around between accounts to see where your money is. Available on Monzo Business Pro.

Get paid

We’ve taken every part of getting paid and put it in your Monzo Business account. Turn hours of admin into a few taps and give your customers simple new ways to pay in 40+ currencies, including in euros. Payment links available on Monzo Business Lite and Pro, invoices available on Pro.

Mobile and web access

Manage your account from your phone or computer with mobile and web access. Your account’s fully protected, and available wherever you are. Available on Monzo Business Pro and Monzo Business Lite.

Multi-user access

Manage finances with others by adding up to two people to access the account. Available with Monzo Business Pro for limited companies and sole traders.

Integrated accounting

Sync with Xero, Freeagent or Quickbooks, or you can auto-export your transactions, bank statements and invoices to Google. Share access with those who need it, and say goodbye to manually sharing this information. Available on Monzo Business Pro.

24/7 customer support

We're right here in the app, 24/7. No need to make an appointment or wonder when you'll hear back. Our award-winning team is here to help whenever you need. Available on Monzo Business Pro and Monzo Business Lite.

Instant Access Savings landing page image

Put your spare money to work earning interest

Use Savings Pots to:

  • Put your spare money to work, earning 1.60% AER interest (variable) paid monthly with no minimum deposit and a maximum £100,000 balance (Ts&Cs apply)

  • Automatically set aside money for unplanned business expenses, a big purchase, or to reinvest in your business

  • Withdraw money instantly when you need it most

Loans for businesses

Eligible sole traders can get a loan up to £25,000. We can only offer you one loan across both your personal and business accounts.

We don’t offer loans to limited companies.

Seeing if you’re eligible won’t leave a mark on your credit file. There are no lengthy forms to fill and no charges for paying us back early.

If you’re eligible, our representative APR for loans of more than £10,000 and up to £25,000 is 15.9% APR. For loans up to £10,000 it’s 29.6% APR

You need to be 18+ to apply. Ts&Cs apply.

Overdrafts for businesses

Eligible sole traders can get an overdraft up to £2,000. We can only offer you one overdraft across both your Personal and Business accounts.

We don’t offer overdrafts to limited companies.

Seeing if you’re eligible won’t leave a mark on your credit file and we won’t charge you any extra fees for going into your overdraft.

How does our overdraft compare? Our representative APR enables customers to compare the costs associated with the different credit products.

As a representative example, if you use an arranged overdraft of £1,200 for 30 days, with 39.0% EAR/APR (variable), it would cost you £32.94. 39% APR representative (variable)

You need to be 18+ to apply. Ts&Cs apply.

A fully regulated UK bank

With a Monzo Business Account, you can:

  • Get a business debit card (for all users)

  • Move money easily with free, instant bank transfers (UK only)

  • Manage your Direct Debits in one place

"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

"Monzo has made business banking so easy I can concentrate on building my brand."

Hellen Stirling-Baker

Founder, Small Stuff

Retail | London, UK

How we compare with other banks

We've chosen a selection of high street and digital-first banks that offer similar business accounts to ours:

Starling Bank Business Current Account (Zero Fees), Barclays Business Account (up to £400k), HSBC Small Business Banking Account, and NatWest Business Account



Correct as of 15/12/23

Features
Zero monthly fees
Full UK current account with debit card
Instant UK bank transfers
Unlimited, fee-free UK bank transfers
100% mobile sign up
Mobile and web access
FSCS protection on eligible deposits
24/7 Human customer support
Fee-free spending abroad
Tap to Pay
Apple Pay/Google Pay
Multi-user access including third parties
Pots to separate money
Automated Tax Pots
Instant access savings
Instant notifications
Budgeting, categorised spend, digital receipts
Virtual Cards
Invoicing
Pay in cash and cheques
Auto-export Transactions, Statements & Invoices
Integrated accounting
Exclusive offers (like 6 months free Xero)
Loans and overdrafts (including lending marketplace)
Outbound international payments
Inbound international payments
Lite
Pro (£5/m)
Starling
Barclays
HSBC
NatWest

Lite
Pro (£5/m)
Starling
Barclays
HSBC
NatWest
Zero monthly fees
Full UK current account with debit card
Instant UK bank transfers
Unlimited, fee-free UK bank transfers
100% mobile sign up
Mobile and web access
FSCS protection on eligible deposits
24/7 Human customer support
Fee-free spending abroad
Tap to Pay
Apple Pay/Google Pay
Multi-user access including third parties
Pots to separate money
Automated Tax Pots
Instant access savings
Instant notifications
Budgeting, categorised spend, digital receipts
Virtual Cards
Invoicing
Pay in cash and cheques
Auto-export Transactions, Statements & Invoices
Integrated accounting
Exclusive offers (like 6 months free Xero)
Loans and overdrafts (including lending marketplace)
Outbound international payments
Inbound international payments

Business banking that keeps getting better

Here's what we've recently built because of your feedback.

Multiple business accounts

Manage finances for more than one business, all through Monzo.

An orange hand shaking a blue hand.

Add collaborators access

Add team members to your account as a collaborator or admin

International payments

Take your business to the next level by receiving payments in 40+ currencies including euros.

Get started with Monzo Business today

Over 300,000 business owners have already changed the way they bank. Sign up online to join them.

Learn more about all the tools that help them get back to business.