Business bank account

A UK business bank account that makes life easier for you, and your customers.

Financial Services Compensation Scheme Protected

Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.

Business banking feels better with Monzo

Whether you’re a team or on your own, just starting out or been going for years, join 700,000+ 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

91% of business accounts are opened the same day. Apply online or download the app.

Apply for a business account

A business bank account 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, Sage 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 1.40% AER interest (variable) on your spare money. Interest paid monthly with no minimum deposit. Ts&Cs apply.

Explore all features

Britain’s Best Business Banking Provider 2024

And the Most Recommended Business Account for Overall Service Quality.

Graph showing the results of the CMA scoring of UK banks in the Overall Service Quality category. The CMA asked customers how likely they would be to recommend their business current account provider to other small and medium-sized enterprises (SMEs*). The rankings with percentage scores are: 1st Monzo with 85%. 2nd Mettle (by Natwest) with 82%. 3rd Starling Bank with 81%. 4th Handelsbanken with 76%. 5th Tide with 72%.

Independent service quality survey results

Published August 2025

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.

View full results for Great Britain

Different plans to suit your... plans

Free business bank account available

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 £9 per month. Team starts at £25 a month.

Ts&Cs apply.

Explore plans

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.

Explore expense cards

Turn the tables on tax

Choose to automatically put a percentage aside for tax and other big bills 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 £9 a month.

Explore Tax Pots

Online business banking at its best

On your phone

We know running a business means you're often on the go, which is why you can do everything you need to do in the Monzo app.

Or on the big screen

Our web app is a light version of the Monzo Business experience on your phone. It can't do everything (yet!) but you can still do the essentials.

Explore mobile and web banking

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.

Learn more about security

Don't take our word for it

"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

Common questions

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.

How do I open a business bank account?

You can apply for a Monzo Business bank account online or by downloading the app

How long does it take to open a business bank account?

Apply for a Monzo Business bank account in minutes, 91% of business accounts are opened the same day.

Can you open a business bank account online?

You can apply for a Monzo Business bank account online or by downloading the app.

Who can open a business bank account?

You can view our eligibility criteria here to see if you are eligible for A Monzo Business bank account.

Join 700,000+ businesses today

That’s more than half a million UK businesses already changing the way they bank. Sign up or switch to Monzo Business if you have a business account elsewhere.

Apply for a Monzo account