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Best Business Bank Account?

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selinda

New Member
Hi.

Finally took the plunge and decided to start my own business today...! I've been thinking about it for pretty much the last year and after another depressing day at work I've decided to take the plunge. I'm in the process of setting everything up and I'd like your views on the best FREE (or free-ish) bank account to go with. I won't have lots of transactions nor have the need for all the bells and whistles. I've read a few reviews and I've narrowed it down to Starling or Tide.

Any thoughts on Tide especially as I've found a code online (Referral code: FREE50) which gets you £50 free cash on sign up, free limited company formation which I think I will need and free transfers for a year which I probably won't! Is there much to choose between them? I'd rather put the £50 towards my business and I will save on my company formation too but if Tide are not very good and more hassle in the long run I will go with Starling? Also any thoughts on mettle or just a normal high street bank? If you use one of these how quick was it to setup?

I will have lots of other questions which I will post separately. :)

Thanks. Selinda.
 
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Tazz

New Member
depending on what your business is, I would suggest while your just starting out to maybe go self employed? rather than register a limited company. not only is the tax side of things alot more complicated but if its just a start up a LTD company may come down the line but begin with being self employed.

As far as bank account goes, i have a personal account with starling and have found them great so far. I cant register for a business account with them for some reason, however i do believe you must have a personal account with them before getting a business account.
 
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