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Card & Current

GuideLast checked 8 November 2026

Free business accounts in the UK and Switzerland

These accounts have a plan with no monthly fee. A free plan isn't free to use, though: check what each charges for transfers, cash and spending abroad.

By the editorial team. How we make money.

Incard suits you if

  • You spend thousands a month on cards, especially on advertising, software or travel
  • You want EUR and USD IBANs alongside GBP
  • You're a UK LLP or sole trader, or a Swiss GmbH, AG or sole trader
  • You're comfortable with safeguarding instead of FSCS cover

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.

Every account below publishes a plan with no monthly fee. What you pay instead depends on how you use it: transfers beyond an allowance, cash deposits, foreign-currency card payments and ATM withdrawals.

Incard's Free plan is the only one here that pays cashback on card spend with no fee, which is why it comes first. If you need deposit protection or cash deposits, a free bank account suits you better.

The accounts

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.
AccountCheapest planCard cashbackType and protection
IncardOur pick for card spendFree: £0 a monthFree: 1% on ads, software and travel, 0.5% on other eligible spend. Higher on Grow and Plus. UncappedE-money · safeguarded, no FSCS
Allica BankCompare with Incard£0 a month with an average balance of £10,000 or more; otherwise £25 a month1%, rising to 1.5% after £10,000 of card spend in a monthBank · FSCS cover
ANNACompare with IncardFree: £0 a month, pay for what you useNot listedE-money · safeguarded, no FSCS
HSBCCompare with Incard£0 a monthNot listedBank · FSCS cover
MettleCompare with IncardNo fee for maintaining the accountNot listedBank · FSCS cover
Monzo BusinessCompare with IncardLite: freeNot listedBank · FSCS cover
NatWestCompare with IncardNo monthly fee; 2 years' free everyday banking for start-ups (turnover up to £1 million) and full switchers (turnover up to £2 million)Not listedBank · FSCS cover
RBSCompare with IncardNo monthly fee; 2 years of free everyday banking for start-ups (turnover under £1m) and full-switch customers (turnover up to £2m)Not listedBank · FSCS cover
StarlingCompare with Incard£0 a monthNot listedBank · FSCS cover
Co-op BankCompare with Incard£0 a monthNot listedBank · FSCS cover
TideCompare with IncardLite: £0 a month0.5%, up to £200 a month, on Max onlyBank · FSCS cover
ValiantCompare with IncardBusiness Set Basis: freeNot listedBank · esisuisse cover
Wise BusinessCompare with IncardNo subscription or monthly feeNot listedE-money · safeguarded, no FSCS
WorldFirstCompare with Incard£0 a monthUp to 1.2% on eligible World Card spend, uncappedE-money · safeguarded, no FSCS
yapealCompare with IncardFree: CHF 0 a monthOn Grow and Business, depending on transaction volume; rate not listedE-money · safeguarded, no FSCS
Zempler BankCompare with IncardBusiness Go: £0 a monthUp to 0.5% on Extra, up to 1% on Pro, tiered by monthly spend, max £1,000 a monthBank · FSCS cover

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

Work 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

More: all guides, comparisons, how Incard cashback works.

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.

Show all 86 sources