ComparisonLast checked 8 November 2026

Incard vs Zempler Bank: which suits your business?

Incard is an e-money account that pays uncapped cashback on eligible card spend on a £0 plan, with team cards and GBP, EUR and USD IBANs. A UK bank business account, formerly Cashplus, with a £0 plan, Post Office cash deposits and paid plans that remove card FX fees and add cashback.

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Incard suits you if

You spend thousands a month on cards, especially on advertising, software or travel
You want a euro account, which Zempler Bank doesn't list
You want a US dollar account, which Zempler Bank doesn't list
You want accounts for LLPs, which Zempler Bank doesn't list
You're comfortable with safeguarding instead of FSCS cover

Zempler Bank suits you if

You pay in cash at the Post Office
You want FSCS cover on a £0 plan
You want to take contactless card payments on your phone
You'd pay £9 or £19 a month to drop card FX fees and earn cashback

Why we pick Incard over Zempler Bank for card spend

Card cashback: Incard: Free: 1% on ads, software and travel, 0.5% on other eligible spend. Higher on Grow and Plus. Uncapped. Zempler Bank: Up to 0.5% on Extra, up to 1% on Pro, tiered by monthly spend, max £1,000 a month.
Currencies you can hold: Incard: GBP, EUR and USD, with IBANs. Zempler Bank: Not listed.
Card payments in other currencies: Incard: 1.8% on Free, 1.5% on Grow and Plus. Zempler Bank: 2.99% on Go; no fee on Extra and Pro.

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

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At a glance

**Table notes:** correct as of 8 November 2026, from each provider's own pages listed under Sources. “Not listed” means the provider's pages we checked don't say.
	Incard	Zempler Bank
Type and protection	E-money · safeguarded, no FSCS	Bank · FSCS cover
Who can open one	UK sole traders, UK limited companies, LLPs, Swiss GmbHs and AGs and Swiss sole traders	UK sole traders and UK limited companies
Cheapest plan	Free: £0 a month	Business Go: £0 a month
Plans (monthly)	Free £0, Grow £49, Plus from £199	Business Go £0, Business Extra £9, Business Pro £19
Card cashback	Free: 1% on ads, software and travel, 0.5% on other eligible spend. Higher on Grow and Plus. Uncapped	Up to 0.5% on Extra, up to 1% on Pro, tiered by monthly spend, max £1,000 a month
Card payments in other currencies	1.8% on Free, 1.5% on Grow and Plus	2.99% on Go; no fee on Extra and Pro
Domestic transfers	100 included on Free, 250 on Grow, then £0.30 each	3 free on Go, 20 on Extra, 500 on Pro, then 35p
International transfers	3 included on Grow; otherwise from £5 (SHA) or £20 (OUR)	EUR to SEPA countries and USD to the US, fee shown in app; up to £22 per payment in
ATM withdrawals	2% in the UK, 2.5% abroad	£2 UK, £3 abroad on Go; free on Extra and Pro
Cash deposits	Not listed	Post Office: 0.55%, £4 minimum, up to £6,000 a day
Currencies you can hold	GBP, EUR and USD, with IBANs	Not listed
Accepting card payments	Not listed	Tap to Pay in the app through Stripe; no Zempler fee, Stripe fees apply

Where they differ

Based on what each provider lists on its own pages. If a feature isn't listed, check with the provider before you rule it out.

Only Incard lists a euro account, a US dollar account, accounts for LLPs, accounts for Swiss GmbHs and AGs and accounts for Swiss sole traders.
Only Zempler Bank lists cash deposits, card payments from customers and invoicing.

What each one is, and who can open one

Incard

Incard Ltd is authorised by the FCA as an electronic money institution (firm reference number 1027309). It is not a bank. Safeguarded: Incard keeps customer funds separate from its own money, in accounts with authorised credit institutions, and doesn't lend or invest them. Funds are not protected by the FSCS.

Who can open one: UK limited companies and LLPs, UK sole traders and freelancers registered with their local authority, and Swiss GmbH, AG and sole-trader businesses. EEA onboarding is paused until an expected restart in 2027. Public sector bodies, cooperatives, charities, foundations and trusts aren't accepted, and a long list of industries is restricted. Full Incard profile.

Zempler Bank

Zempler Bank Limited (company number 04947027), authorised by the PRA and regulated by the FCA and PRA (FRN 671140). Eligible deposits are protected up to a total of £120,000 by the FSCS.

Who can open one: UK residents aged 18 or over with a UK-based business: sole traders not registered at Companies House, active limited companies limited by shares (at least one UK-resident director, 4 or fewer PSCs, no multiple corporate PSCs), partnerships and charities. Companies limited by guarantee or with corporate shareholders pay a £100 fee. Some industries aren't accepted. Full Zempler Bank profile.

Our e-money vs bank account guide explains what safeguarding and FSCS cover mean if a provider fails.

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

Our pick for card spend

Open an Incard account

Check the eligibility rules first.

E-money · safeguarded, no FSCS

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