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  • Think I’ll go freelance completely by end of this year... currently looking at opening a business account, what do you guys use, if you do?

    Most high street banks seem to give 18 months free monthly fees then it’s about £5 a month thereafter.

    Metro bank gives free business account if you maintain your balance at £5000+ which I could do... that seems the best deal...

    Or do people just do away with a personal account?

  • Go with metro bank if you want to save money, i have used crunch accounting for last 4+ years, i can send you a referral code.

    Edit: i would look at the likes of monzo etc (app only banks) if they do business account.

  • How do you mean save money? The £5 monthly fee? I guess all banks are pretty much the same for fairly straightforward sole trader 1 person operations...

    I’ll let you know when I am ready, not quite yet.

    Monzo doesn’t currently do business account, they have a sign up to their waiting list thing... 🤷🏻♀️

  • Edit: i would look at the likes of monzo etc (app only banks) if they do business account.

    Soon
    https://monzo.com/business/

    Ah yeah, what ExTra said...

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