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Best Business Account?

I have a small business and have been banking with Barclay's for several years. Their charges are now increasing. I don't need an overdraft and am always in credit. I don't need any gimicks/mouse mats or accounting packages etc. Which are the best business accounts on the market to switch to?

Comments

  • HSBC and RBS Business accounts seem to be common. You can switch to RBS and if you also switch your overdraft they'll give you a £250 credit. It's £10 a month for the account.

    You'll just have to shop around and look at the fees/charges on each account and what works best for you.
    Credit 'Score' - Don't buy the credit 'score' that Experian, Equifax and Noddle want to sell you. It's an arbitrary number that means nothing when it comes to applying for credit.

    ALWAYS HAVE A DIRECT DEBIT SET UP FOR THE MINIMUM PAYMENT ON YOUR CREDIT CARDS, REGARDLESS OF WHETHER YOU PLAN TO LOGIN AND PAY EACH MONTH.
  • I recommend Cumberland Building Society if you're within their operating area.
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