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Our comparison service features a selection of providers from whom we receive commission. This table is ordered according to our commercial arrangements.
Finding the right bank account is an essential part of your business.
It's a fact that people are more likely to divorce their other half than switch their business bank account. If you are worried about switching, then you shouldn't be as all business accounts are covered by a 7-day switcher guarantee. (Just make sure your bank is registered with this scheme!).
If you are savvy enough to use online banking regularly then you may want to ask other business owners what their thoughts are on the application. Standards of online banking vary and no one wants to go backwards when they are trying to move forward.
If you have been with your bank account provider for a very long time, then it might seem like the easiest option to continue using their services. You may believe that the service and the costs you are paying are standard and would apply with other providers - this is not always the case. It is so important that you shop around to make sure you're getting the best deal.
There are so many alternative bank account providers who can save you money and are becoming very popular in the market – especially business banking.
The only thing that is crucially important is making sure you compare business bank accounts which are right for you and your business.