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Card & Current

GuideLast checked 8 November 2026

Lloyds alternatives

A high-street business account for UK businesses with turnover up to £3 million, including sole traders and limited companies, with electronic payments included and a monthly fee after the first year. If it doesn't fit, here are 31 accounts that share its market, starting with Incard, our pick for businesses whose main costs go on cards.

By the editorial team. How we make money. Our Lloyds profile.

Why Incard is our pick instead of Lloyds

  • Incard lists a £0 plan, which Lloyds's pages don't
  • Incard lists card cashback, which Lloyds's pages don't
  • Incard lists a US dollar account, which Lloyds's pages don't
  • Incard lists cards for your team, which Lloyds's pages don't
  • Incard lists accounts for LLPs, which Lloyds's pages don't
  • Card cashback on Incard: Free: 1% on ads, software and travel, 0.5% on other eligible spend. Higher on Grow and Plus. Uncapped. Lloyds: Not listed for the debit card

cashback a year on Incard's £0 Free plan from £5,000 a month of eligible ads, software and travel spend. Simple arithmetic, not a forecast.

£600

Apply for Incard on incard.co(opens incard.co in a new tab, affiliate link)

We may earn a commission if you apply.

What a year of card spending earns you

Incard Free against Lloyds's cheapest plan, at your monthly spend on ads, software and travel.

£720 a year better off with Incard

£600£0-£120Today6 months12 months
  • Incard Free: £600 cashback, £0 fees
  • Lloyds's cheapest plan: no cashback, £120 fees

Simple arithmetic, not a forecast: 1% on eligible ads, software and travel spend at merchants on Incard's eligible brand list, and each plan's published monthly fee. Other fees, such as FX and ATM charges, aren't included. Lloyds's cheapest plan: Free for 12 months for businesses new to Lloyds, then £10 a month.

The alternatives

Table notes: correct as of 8 November 2026, from each provider's own pages. Incard is first as our pick for card spend (we may earn a commission from it); the rest are alphabetical, not ranked. “Lists” means the provider's pages mention it and Lloyds's don't.
AccountCheapest planLists, unlike LloydsCompare
IncardOur pick for card spend
Free: £0 a monthcard cashback, a US dollar account, cards for your team, LLPs, Swiss GmbHs and AGs, Swiss sole tradersCompare Incard and Lloyds
AirwallexE-money · safeguarded, no FSCS
Explore: £0 if you deposit or hold at least £10,000 a month, otherwise £19 (excluding VAT)cards for your team, Swiss GmbHs and AGsCompare Airwallex and Lloyds
Allica BankBank · FSCS cover
£0 a month with an average balance of £10,000 or more; otherwise £25 a monthcard cashback, cards for your teamCompare Allica Bank and Lloyds
AmexCredit card · no deposits held
Business Gold: £195 a year (£0 in the first year)cards for your team, LLPs
ANNAE-money · safeguarded, no FSCS
Free: £0 a month, pay for what you useinvoicingCompare ANNA and Lloyds
Bank of ScotlandBank · FSCS cover
No account fee for 12 months on a business's first account, then £10 a monthNothing extra listed
BarclaycardCredit card · no deposits held
Select Cashback: £0 a yearcard cashback, cards for your team
BarclaysBank · FSCS cover
Free for 12 months, then £8.50 a montha US dollar account, LLPsCompare Barclays and Lloyds
Capital on TapCredit card · no deposits held
Free: £0 a yearcard cashback, cards for your team, LLPs
CountingupBank · FSCS cover
Free for 3 months, then £5 a month while you pay in up to £750 a monthinvoicingCompare Countingup and Lloyds
Danske BankBank · FSCS cover
Small Business Digital: free for 2 years for eligible new Northern Ireland businesses, then £9 a monthNothing extra listed
Equals MoneyE-money · safeguarded, no FSCS
Business: £25 a month (£250 a year)cards for your team, a US dollar account
HSBCBank · FSCS cover
£0 a monthcards for your team, LLPsCompare HSBC and Lloyds
Metro BankBank · FSCS cover
£8 a month, or £0 in any month your balance stays at £6,000 or more; 12 months fee-free for businesses new to Metro Bank, 31 months for full switchersa US dollar account, invoicing, LLPs
MettleBank · FSCS cover
No fee for maintaining the accountinvoicingCompare Mettle and Lloyds
Monzo BusinessBank · FSCS cover
Lite: freecards for your team, invoicingCompare Monzo Business and Lloyds
NatWestBank · FSCS cover
No monthly fee; 2 years' free everyday banking for start-ups (turnover up to £1 million) and full switchers (turnover up to £2 million)Nothing extra listedCompare NatWest and Lloyds
PayhawkE-money · safeguarded, no FSCS
Growth program: £149 a monthcards for your team
PleoE-money · safeguarded, no FSCS
Start: £8 per user a monthcards for your team, a US dollar account
Revolut BusinessBank · FSCS cover
Basic: £10 a montha US dollar account, cards for your teamCompare Revolut Business and Lloyds
RBSBank · FSCS cover
No monthly fee; 2 years of free everyday banking for start-ups (turnover under £1m) and full-switch customers (turnover up to £2m)Nothing extra listed
SantanderBank · FSCS cover
Free for 12 months for start-ups and switchers, then £9.99 a monthLLPsCompare Santander and Lloyds
SoldoE-money · safeguarded, no FSCS
Standard: £27 a month + VATcards for your team, a US dollar account
StarlingBank · FSCS cover
£0 a montha US dollar account, LLPsCompare Starling and Lloyds
Co-op BankBank · FSCS cover
£0 a monthLLPs
TideBank · FSCS cover
Lite: £0 a monthcard cashbackCompare Tide and Lloyds
TSBBank · FSCS cover
Free for 30 months, then £5 a month (not charged if your average balance is £10,000 or more)Nothing extra listed
Virgin MoneyBank · FSCS cover
25 months' free day-to-day banking for eligible start-ups and switchers, then £6.50 a monthcard cashback, LLPs
Wise BusinessE-money · safeguarded, no FSCS
No subscription or monthly feea US dollar accountCompare Wise Business and Lloyds
WorldFirstE-money · safeguarded, no FSCS
£0 a monthcard cashback, a US dollar account, cards for your team
Zempler BankBank · FSCS cover
Business Go: £0 a monthcard cashback, cards for your team, invoicingCompare Zempler Bank and Lloyds

What Lloyds does well

Before you move, check that you won't lose something you use. Lloyds suits you if:

Many businesses keep their existing account and add a second one for card spending. Our switching guide covers both routes.

When Incard isn't the answer

Incard isn't the right account if

  • Your business is registered outside the UK and Switzerland. EEA onboarding is paused until an expected restart in 2027
  • You're a charity, cooperative, foundation, trust or public body, or work in one of Incard's restricted industries
IncardOur pick for card spend

Incard: 1% cashback on ads, software and travel, on a £0 plan

Our pick for UK and Swiss businesses whose main costs go on cards, as long as you don't need bank deposit protection.

E-money · safeguarded, no FSCS

Read Incard vs Lloyds BusinessWork out your cashbackCheck eligibility

Apply for Incard on incard.co(opens incard.co in a new tab, affiliate link)

We may earn a commission if you apply.

a month on the Free plan, with team cards
£0
cashback on ads, software and travel; 0.5% on other eligible spend
1%
IBANs in three currencies
GBP, EUR, USD

Sources

All checked on 8 November 2026. Where a provider's help centre or legal terms differ from its marketing pages, we follow the help centre and terms.

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