PurePay
Business Bank Accounts

Compare business bank accounts for your business.

We compare business bank accounts across leading UK providers — so you get the best combination of features, fees, and support without spending hours researching it yourself.

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What's Included

We look at the full picture.

Opening the wrong account can cost a small business hundreds of pounds a year in avoidable fees. We compare what actually matters — not just the headline rate.

  • Free or low-cost monthly fees compared side by side
  • Cashback and reward accounts flagged where available
  • Accounts with built-in invoicing and expense tools
  • Multi-currency options for businesses trading overseas
  • Dedicated business overdraft and credit facilities
  • Accounts compatible with Xero, QuickBooks, and Sage

Did you know?

Most small businesses never switch their business bank account — even when they're overpaying.

PurePay makes switching simple. We compare accounts, handle the paperwork, and make sure your payments setup transitions without disruption.

Why Use PurePay

Everything handled for you.

Fast to Open

Many accounts can be opened in minutes online — no lengthy branch visits or endless paperwork.

No Hidden Charges

We surface the full fee structure up front so you know exactly what you're paying each month.

Integrates with Your Payments

We match you with accounts that work seamlessly alongside your card machine and EPOS setup.

Built for SMEs

Whether you're a sole trader, limited company, or hospitality business — we compare accounts suited to your structure.

FCA-Aligned Providers

Every provider we recommend is regulated or authorised under UK financial services rules.

Decision in 24 Hours

Tell us your needs today and we'll come back with the best-matched options by the next business day.

Business Bank Account FAQs

What is the best business bank account for a small business in the UK?
The best account depends on your needs. Digital-first accounts (like Starling or Monzo Business) suit low-transaction businesses that want fast setup and no monthly fees. Traditional banks suit businesses with more complex needs, regular cash deposits, or overdraft requirements. PurePay compares all options to match you with the right account.
How long does it take to open a business bank account?
Many digital business bank accounts can be opened in under 24 hours online. Traditional banks typically take 1–4 weeks and may require branch visits. PurePay recommends accounts that balance fast opening times with the features your business needs.
Can I switch my business bank account?
Yes. Most UK banks participate in the Current Account Switch Service (CASS), which moves your direct debits and standing orders automatically within 7 working days. PurePay helps you identify the right account before you switch, so the move is straightforward.
Do I need a separate business bank account?
If you're a limited company, yes — the law requires a separate business account. Sole traders aren't legally required to have one, but it's strongly recommended for keeping finances organised and making tax returns simpler. Most accountants and HMRC expect business income and expenses to be clearly separated.
What should I look for in a business bank account?
Key factors include monthly fees, transaction charges, cash deposit limits, integration with accounting software (Xero, QuickBooks, Sage), overdraft facilities, and the speed of account opening. PurePay compares all of these side by side so you're not making a decision based on one headline feature.
Can I get a business bank account with bad credit?
Some UK business banking providers offer accounts without a traditional credit check. Features and eligibility vary, so PurePay can help you compare suitable options for your circumstances.

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Ready to find the right account?

Tell us about your business and we'll shortlist suitable business bank account options for your situation — free to you, with no obligation.

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