Provider profileLast checked 8 November 2026
Equals Money
A multi-currency business account with Mastercard expense cards for staff and unlimited platform users. Plans are priced by the number of physical cards.
- Cheapest plan
- Business: £25 a month (£250 a year)
- Available in
- UK and other countries
- Your money
- E-money · safeguarded, no FSCS
What it is
Equals Money UK Limited (company number 06268340) is authorised by the FCA to provide payment services (FRN 504547). Equals cards are issued by Equals Money International Limited (company number 09558664), an FCA-authorised electronic money institution (FRN 900493).
How your money is protected
Safeguarded, not FSCS: money is held in designated safeguarded accounts with Tier 1 banks, separate from Equals' own funds. It isn't covered by the FSCS.
Our e-money vs bank account guide explains what this means if a provider fails.
Who can open one
Businesses based in the UK or outside the EEA. Charities and non-profits can apply and pay the standard fees. The pages we checked don't list which legal forms are accepted.
Headline fees
| Fee | Detail |
|---|---|
| Plans | Business £25 a month or £250 a year (up to 20 physical cards); Business Plus £35 a month or £350 a year (up to 50); Enterprise custom |
| Physical cards | £10 + VAT one-off per card |
| Virtual cards | Up to 50 free on Business, 100 on Business Plus |
| Card payments | Free in the UK and in 21 major currencies; 1.5% in other currencies |
| Cash withdrawals | £1.50 in the UK and abroad |
| FX and same-currency payments | Priced on volume |
| Lost, stolen or damaged card replacement | Free |
Limits worth knowing
- Payment and FX fees aren't published; Equals prices them on volume.
- Some ATMs add their own surcharge.
How it compares
- Incard vs Equals MoneyFees, cashback, foreign currency, protection and eligibility side by side.
- Equals Money alternativesAccounts to look at if Equals Money doesn't cover what you need.
See all the accounts we've researched.
Our pick for card spendIncard: 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.
Read Incard vs Equals MoneyWork out your cashbackCheck eligibility
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
Check Equals Money's current terms
Fees and eligibility can change. Confirm them on the provider's own site before you apply.
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.