Business Current Account Star Ratings 2018 - Business - News | moneyfacts.co.uk

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Business Current Account Star Ratings 2018

Business Current Account Star Ratings 2018

Category: Business
Author: Lieke Braadbaart
Date: 08/05/2018

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The researchers at Moneyfacts have once again taken a detailed look at the business current account market and awarded their annual Star Ratings accordingly. These ratings can help businesses decide which current accounts are worth considering.

The Moneyfacts Business Current Account Star Ratings compare all the features of available accounts, as well as any charges that may need to be paid, to find those products that are truly outstanding. This can save potential customers a lot of time, as it means they are able to focus solely on those accounts, mentioned below, that have already been proven to be suitable. All that remains for them to do is pick the one that works best for their personal circumstances.

"A vital product for any commercial enterprise, a business current account remains a cornerstone of the business banking market, and the sector continues to see providers innovate and evolve in order to meet the needs of businesses of all sizes," Lee Tillcock, editor of Business Moneyfacts, said. "Given the impressive range of features offered to meet the needs of modern day businesses, there are plenty of options to consider — something that the sector and regulator are clearly keen to promote. The annual Moneyfacts Business Current Account Star Ratings provide businesses with valuable insight into the quality of the features on offer, before assessing the individual costs."

Given Moneyfacts' years of experience in analysing products, businesses can choose with confidence between those current accounts that have shown the most flexibility, accessibility and ongoing quality. The full list of accounts that have earned a Star Rating of four or five is included here, but you could also take a look at our business current account chart for the best deals of the moment.

BUSINESS CURRENT ACCOUNT
5 STARS
Bank of Ireland
  • Business Current (NI) — Agri Package
  • Business Current (NI) — Small Business Growth
  • Business Current (NI) — Small Business Start Up
Bank of Scotland
  • Business Current Account
  • Business Account — Electronic Business Tariff
Barclays Bank
  • Business Current Account — e-Payments Plan
  • Business Current Account — Mixed Payments Plan
Clydesdale Bank
  • Business Current Account - Business Tariff
  • Professional Firms Client Account - Designated Clients Funds
Cumberland BS
  • Business Current — Option B
Danske Bank
  • Danske Small Business Digital
HSBC
  • Community Account — Churches, Executors, Administrators and Trustees
  • Business Current Account — Electronic Banking Tariff
  • Business Current Account — Small Business Tariff
Lloyds Bank
  • Business Account - Electronic Business Tariff
Metro
  • Business Bank Account
  • Commercial Account
NatWest
  • Community Account — Turnover up to £100K
  • Business Current Account — Standard Tariff
Royal Bank of Scotland
  • Community Account — Turnover up to £100K
  • Business Current Account — Standard Tariff
Santander
  • Business Current Account
The Co-operative Bank
  • FSB Business Banking
  • Business Directplus
Ulster Bank
  • Business Current Account
Unity Trust Bank
  • Unity Custom Account
  • Unity Current Account
Yorkshire Bank
  • Business Current Account — Business Tariff
  • Professional Firms Client Account — Designated Clients Funds
4 STARS
Allied Irish Bank (GB)
  • Business Plus
Cater Allen Private Bank
  • Reserve Account
Danske Bank
  • Danske Small Business
First Trust Bank (NI)
  • Standard Business Current Account
ICICI Bank UK
  • Business Current Account
Lloyds Bank
  • Business Current Account
NatWest
  • Business Foundation Account — Standard Tariff
Royal Bank of Scotland
  • Business Foundation Account — Foundation
Santander
  • Client Current Account
TSB
  • Business Account — Electronic Business Tariff


COMMUNITY BUSINESS CURRENT ACCOUNT
5 STARS
Bank of Scotland
  • Treasurers' Account
Barclays Bank
  • Community Account
Clydesdale Bank
  • Business Choice Charities Account — Turnover up to £1m
Cumberland BS
  • Business Current — Schools
Danske Bank
  • Danske Charity Account
HSBC
  • Community Account — Clubs, Societies and Charities
  • Schools and Colleges Account
  • Business Current Account - Electronic Banking Tariff — Clubs, Societies and Charities
Lloyds Bank
  • Treasurers' Account
Metro Bank
  • Community Account
The Co-operative Bank
  • Community Directplus
Yorkshire Bank
  • Business Choice Charities Account — Turnover up to £1m
4 STARS
Bank of Scotland
  • Schools Account — Electronic Business Tariff
  • Schools Account
Danske Bank
  • Danske Community Account
HSBC
  • Business Current Account — Small Business Tariff - Clubs, Societies and Charities
Lloyds Bank
  • School Banking Account — Electronic Business Tariff
Santander
  • Treasurer's Current Account
TSB
  • School Banking Account — Electronic Business Tariff
  • School Banking Account — Business Extra Tariff
  • School Banking Account — Fixed Fee Account
  • Treasurers' Account


Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Close