Barclays Business Bank Account
Get up to 2 Years Free Business Banking for Start-ups
Barclays Bank offer small business owners the chance to have free business banking for up to 24 months depending on what other services you apply for. Once you have completed your free banking period then you get free automated transactions (which for most people means free banking). Here's our review of the accounts Barclays offers.
Barclays Free Business Banking Offer
| Provider | Account Name | Free Banking | Apply Online |
 | Barclays Start-up Business Bank Account
Completely free business banking for up to 2 years then free automated transactions thereafter (*) | up to 24 months | |
|
| Barclays Business Current Account Free automated transactions with Barclays Business Essentials Package (*) | for life |
Both of these business bank accounts from Barclays are great for new and existing businesses because they both offer periods of free banking plus a load of other extras as well. The account has :
- Free business banking for up to 2 years
- Free advice from accountants and solicitors included
- Free creditfocus to manage bad debts
- Apply and set up your account online
This offer is available for individual(s) setting up the first business bank account for a business within its first 12 months of trading. There is no charge for standard transactions for 12 months with our standard Business Start-Up Package. There is no charge for standard transactions for 18 months if Business Essentials , Business Essentials Plus or Barclays Business Manager software are purchased at the time of opening the account. There is no charge for standard transactions for two years if Business Essentials and CREDITFOCUS or Business Essentials Plus and CREDITFOCUS Pro are purchased at the time of opening the account. This applies to everyday Sterling debit and credit transactions and the maintenance fee. Please note accounts must be active. At the end of your free business banking period, we will automatically set your account to the Free Automated Transactions Tariff.
Barclays Business Essentials and Essentials Plus Account
The Barclays business essentials bank account is the same as the standard account but comes with additional benefits that you pay a monthly charge for. This and the next account are great to make savings on standard business tools if you need them. Here's an overview of what you can expect.
- Monthly account charge of £17.50 plus vat
- Free banking for 18 months
- Then standard transaction charges apply (see above)
- Free business planning software (similar to other banks)
- Free training courses and videos
- Free Sage or Quickbooks cash flow management software
- With business essentials plus you also get a VAT management solution and stock control software
- Estimated savings £700
- Click here to apply for this account online
Barclays Business Manager Package
The business manager package from Barclays is their premium start-up package that is the same as the essentials account with a few more extras.
- Monthly account charge of £23.00 plus vat
- Free banking for 24 months
- Then standard transaction charges apply (see above)
- Free business planning software (similar to other banks)
- Free training courses and videos
- Free Sage or Quickbooks cash flow management software
- VAT management solution
- Stock control software
- Health and safety compliance
- HR compliance service
- Estimated savings £1700
- Click here to apply for this account online
Barclays Business Current Account Extra Services
No matter what account you choose from Barclays when starting a business you get access to a wide range of services for free making this one of the most comprehensive banks to deal with. So even if you simply choose their base account for free business banking for the 12 months you still get access to all the following services:
- Local business account manager to support your business
- Free 45 minute consultation with a local accountant
- Free 45 minute consultation with a local solicitor
- Free 45 minute consultation with a local marketing expert
- Free local business seminars
- Free telephone helpline for legal and tax issues
- Free back up of your business data up to 2GB
- Free credit management tool to check credit ratings of businesses you want to deal with
- Click here to apply for this account online
Here's a summary of what Barclays offer their business account for all businesses:
- Free business banking for up to 12 months
- Then a monthly fee of £5
- Minimum monthly charge of £10
- Bill payment charge 54p
- Cheques paid 59p
- Standing order 54p
- Branch cash in 0.55%
- Click here to apply for this account online
You can also choose their free automated tariff which is still a monthly fee of £5.50 but automated transactions made via internet banking or over the telephone are free but some charges increase such as cheques go from 59p to 79p and cash paid in from 0.55% to 0.85%.
