No Credit Check Business Bank Accounts 2024

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No credit check business bank accounts could be the perfect solution for a start-up business or for those with bad credit wanting a simple way to manage their cashflow. Often quick and easy to setup, compare UK providers and today's best rates below.

No credit check business current accounts

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Last updated: 16/09/2024

ANNA Business Account

Available to

Small Businesses, Sole Traders, Start-ups

Account Fees

From £0.00 to £49.90 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

1% cashback (selected spends), limited free withdrawals

Go To Provider's Site

Go To Provider's Site

Features: Choice of plans available. Create and send sales invoices. Connect personal and business accounts to ANNA. Accounting software integration.
Zempler Bank Business Bank Account

Available to

Limited Companies, Partnerships, Sole Traders

Account Fees

From £0.00 to £9.95 pm

Credit check?

No credit check required

FSCS Protected

Yes

Benefits

3 free payments per month, 24 hour fraud monitoring

Go To Provider's Site

Go To Provider's Site

Features: Overdraft facility available (eligibility criteria apply). Transaction charges apply. Banking app and online banking. Up to 20 additional cards.
CardOneMoney Business Account

Available to

Limited Companies, Partnerships, Sole Traders

Account Fees

From £12.50 to £17.50 pm

Credit check?

No credit check. Verification of identity and residency required

FSCS Protected

No

Benefits

Cash rewards of up to 3.5%

Go To Provider's Site

Go To Provider's Site

Features: No bounced payment charges. Up to 4 additional prepaid MasterCards®. Transaction fees and other charges apply. Manage account online.
Pleo Business Account

Available to

Limited Companies

Account Fees

From £0.00 pm up to £179.00 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

Virtual and plastic cards available

Go To Provider's Site

Go To Provider's Site

Features: Integrate with accounting software. Issue physical or virtual cards. Disable or enable cards instantly. Digital and audit-proof receipt capture.
Soldo Spend Management Account

Available to

Limited Companies

Account Fees

From £0.00 to £11.00 per user per month

Credit check?

No credit check required

FSCS Protected

No

Benefits

Minimum 3 users and cards included

Go To Provider's Site

Go To Provider's Site

Features: Mastercards® with customisable budgets and spending rules. Sync to accounting software. Automatic card top-ups. Unlimited cards.
Amaiz Business Account

Available to

Limited Companies, Sole Traders

Account Fees

From £0.00 to £99.00 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

Live support during business hours

Features: Access to accountancy support. 'Jar' sub-accounts available to save for goals and bills. Easy sync to FreeAgent accounting software.
Counting Up Business Account

Available to

Limited Companies (sole director), Sole Traders, Start-ups

Account Fees

From £3.00 pm to £18.00 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

Up to first 3 months free (transaction charges apply)

Features: Choice of payment plans. Automated bookkeeping. Create and send invoices. Tax estimation. Capture receipts automatically.
Fair Everywhere Business Account

Available to

Small and Medium sized Businesses

Account Fees

£55.00 on application and minimum £12.50 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

Up to 3.5% cashback

Features: Make and receive international payments in different currencies (currency conversion and other transaction fees apply). Unlimited cards.
Monese Business Account

Available to

UK Registered Limited Companies

Account Fees

From £0.00 to £14.95 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

Personal Classic Account, 6 free ATM withdrawals pm

Features: Track business and personal accounts in a single app. Make payments and get receipts in more than 30 currencies. Up to 10 account pots.

ANNA Business Account

Available to

Small Businesses, Sole Traders, Start-ups

Account Fees

From £0.00 to £49.90 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

1% cashback (selected spends), limited free withdrawals

Go To Provider's Site

Go To Provider's Site

Features: Choice of plans available. Create and send sales invoices. Connect personal and business accounts to ANNA. Accounting software integration.
Zempler Bank Business Bank Account

Available to

Limited Companies, Partnerships, Sole Traders

Account Fees

From £0.00 to £9.95 pm

Credit check?

No credit check required

FSCS Protected

Yes

Benefits

3 free payments per month, 24 hour fraud monitoring

Go To Provider's Site

Go To Provider's Site

Features: Overdraft facility available (eligibility criteria apply). Transaction charges apply. Banking app and online banking. Up to 20 additional cards.
Amaiz Business Account

Available to

Limited Companies, Sole Traders

Account Fees

From £0.00 to £99.00 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

Live support during business hours

Features: Access to accountancy support. 'Jar' sub-accounts available to save for goals and bills. Easy sync to FreeAgent accounting software.
CardOneMoney Business Account

Available to

Limited Companies, Partnerships, Sole Traders

Account Fees

From £12.50 to £17.50 pm

Credit check?

No credit check. Verification of identity and residency required

FSCS Protected

No

Benefits

Cash rewards of up to 3.5%

Go To Provider's Site

Go To Provider's Site

Features: No bounced payment charges. Up to 4 additional prepaid MasterCards®. Transaction fees and other charges apply. Manage account online.
Counting Up Business Account

Available to

Limited Companies (sole director), Sole Traders, Start-ups

Account Fees

From £3.00 pm to £18.00 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

Up to first 3 months free (transaction charges apply)

Features: Choice of payment plans. Automated bookkeeping. Create and send invoices. Tax estimation. Capture receipts automatically.
Fair Everywhere Business Account

Available to

Small and Medium sized Businesses

Account Fees

£55.00 on application and minimum £12.50 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

Up to 3.5% cashback

Features: Make and receive international payments in different currencies (currency conversion and other transaction fees apply). Unlimited cards.
Monese Business Account

Available to

UK Registered Limited Companies

Account Fees

From £0.00 to £14.95 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

Personal Classic Account, 6 free ATM withdrawals pm

Features: Track business and personal accounts in a single app. Make payments and get receipts in more than 30 currencies. Up to 10 account pots.
Pleo Business Account

Available to

Limited Companies

Account Fees

From £0.00 pm up to £179.00 pm

Credit check?

No credit check required

FSCS Protected

No

Benefits

Virtual and plastic cards available

Go To Provider's Site

Go To Provider's Site

Features: Integrate with accounting software. Issue physical or virtual cards. Disable or enable cards instantly. Digital and audit-proof receipt capture.
Soldo Spend Management Account

Available to

Limited Companies

Account Fees

From £0.00 to £11.00 per user per month

Credit check?

No credit check required

FSCS Protected

No

Benefits

Minimum 3 users and cards included

Go To Provider's Site

Go To Provider's Site

Features: Mastercards® with customisable budgets and spending rules. Sync to accounting software. Automatic card top-ups. Unlimited cards.

Note

Eligible deposits with UK institutions are protected by the Financial Services Compensation Scheme up to a maximum level of protection of £85,000 per business per institution. The deposits of most businesses are covered up to the £85,000 limit, but businesses should check with their bank before they apply as there are exclusions. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Please note, paid for links feature first and are sorted by our most promoted links. These are followed by non-commercial deals. Non commercial deals are sorted by our five best buys first. These are followed by a random selection of paid for and non paid for links. All information is subject to change without notice. Please check all terms before making any decisions.

Disclaimer

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No credit check business bank accounts explained

What are no credit check business current accounts?

No credit check business current accounts are designed for certain types of businesses. These can be companies looking to improve an imperfect credit score to smaller organisations which intend on using a simple product to manage their cashflow. In addition, sole traders and start-ups can benefit from these accounts too if they don’t have a credit history.

Typically, these business current accounts differ from other products on the market because they usually perform soft credit checks on application rather than hard searches. Although this doesn’t guarantee a current account, it can make the application easier.

What do bad credit business current accounts offer?

Business current accounts for those with poor credit will likely come with the usual features other current accounts enjoy. These could include, but aren’t limited to a card for business spending, online banking facilities, and the ability to send invoices to your customers.

What these accounts will likely not include are overdraft facilities and the ability to earn interest on the cash within your business. For this instead, consider opening an easy access account for your business savings.

How can I improve my business credit score?

Like your personal credit score, there are a couple of steps you can take to improve your business’s credit score.

Firstly, look at your business’s books and determine if there are any unpaid invoices or forms of credit which is negatively impacting your score. If there are, then make a plan to address this debt by paying it off as soon as possible.

If you don’t have any outstanding debt, consider taking out a business credit card. Once this card has been approved use it responsibly for business purchases and make sure to pay your debt back in full each month.

Registering your company with HMRC to make it official can also improve your score.