Provider profileLast checked 8 November 2026
Pleo
A spend management platform with company cards, expense capture, reimbursements and supplier invoice payments, priced per user. For UK-registered companies and partnerships.
- Cheapest plan
- Start: £8 per user a month
- Available in
- UK
- Your money
- E-money · safeguarded, no FSCS
What it is
Pleo Financial Services UK Ltd (company number 15842283) is authorised by the FCA as an electronic money institution (firm reference number 1020730). The software is provided by Pleo Technologies A/S, a Danish company.
How your money is protected
Safeguarded, not FSCS: Pleo holds your funds in a safeguarded bank account, separate from its own money. The FSCS doesn't apply to the card or the e-money account.
Our e-money vs bank account guide explains what this means if a provider fails.
Who can open one
Companies and other registered entities or partnerships acting in the course of business, registered or incorporated in the UK. Start allows one admin; Build and Optimise need at least 3 users.
Headline fees
| Fee | Detail |
|---|---|
| Plans (per user a month) | Start £8 (monthly billing only), Build £14 or £12 billed yearly, Optimise £18 or £16 billed yearly |
| Card payments in a foreign currency | 2.00% on Start, 1.75% on Build, 1.49% on Optimise |
| Local payments | £1.50 each on Start; 10 free a month on Build and 20 on Optimise, then £0.95 |
| International payments | £8 each on Start, £6 on Build and Optimise |
| Invoice payments in a foreign currency | 2.00% on Start, 1.75% on Build, 1.49% on Optimise |
| ATM withdrawals | £5 each on Start; free on Build and Optimise |
| Direct reimbursements | 0.90% on Build and Optimise; not on Start |
| Vendor cards | 1 on Start, 15 on Build, 50 on Optimise |
Limits worth knowing
- Overdraft for eligible customers: up to £5,000 on Start, £20,000 on Build and £100,000 on Optimise.
- The multi-currency account (GBP, EUR, USD, DKK, SEK and NOK) is only for eligible customers.
- Pleo's UK agreement lists an inactivity fee of £100 a month after 13 months without activity.
How it compares
- Incard vs PleoFees, cashback, foreign currency, protection and eligibility side by side.
- Pleo alternativesAccounts to look at if Pleo doesn't cover what you need.
Pleo against other accounts
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 PleoWork 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 Pleo'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.