HomeUK Business Banking Comparison Matrix

Sole trader accounts

ProviderFeeFSCSCashMulti-currencyIntegrations
Starling Business£0Yes (£85k)Post OfficeUSD, EURXero, QuickBooks, FreeAgent
Mettle (NatWest)£0NatWest bankingNot currentlyNoXero, QuickBooks, FreeAgent
Tide Free£0Safeguarded (not FSCS)Post OfficeAdd-onXero, QuickBooks, FreeAgent, Sage
Monzo Business Lite£0Yes (£85k)PayPoint / Post OfficeNoXero (Pro tier)
Barclays Business Current£8.50 (after 12m)Yes (£85k)All branchesAdd-onXero, QuickBooks

Limited company accounts

ProviderFeeFSCSNotes
Starling Business£7/moYesSame features as sole trader
Mettle (NatWest)£0NatWest bankingLtd + sole trader accepted
Tide Plus (Ltd)£10/moSafeguardedIncludes invoicing
Monzo Business Pro£9/moYesMulti-user access, tax pots
Barclays / HSBC / Lloyds£6-£12/moYesTraditional banking, in-branch service

Multi-currency accounts

ProviderSetupCurrenciesFX margin
Wise Business£45 one-off40+ hold / 60+ sendMid-market + 0.3-0.7%
Revolut Business£0-£79/mo25+0% up to plan allowance
Instarem£015+Corridor-dependent
Starling Business (add-on)IncludedUSD, EURInterbank + margin

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