Who shall I use for my business banking? ££

[SimonMac]

Santander have an annoying habit of adding your personal accounts into your business online banking, which I don't like the idea of!

Natwest do the same, the two accounts are separate but show on the same dashboard, the other director has a dashboard set up for just the business account.

[northernladuk]

Natwest do the same, the two accounts are separate but show on the same dashboard, the other director has a dashboard set up for just the business account.

RBS do the same with mortgages on personal accounts which I thought was interesting. Different to a business account and personal account though. A mortgage is still an personal transaction..

[SimonMac]

RBS do the same with mortgages on personal accounts which I thought was interesting. Different to a business account and personal account though. A mortgage is still an personal transaction..

I wonder if you have an offset mortgage does it count the funds in your business account too then

[SueEllen]

TL;DR

Your business bank should be the same as your personal bank, as most transfers will be between the two so makes sense they are the same organisation

Nope.

If my personal bank has technical trouble then at least I have another account I can get money from.

[fool]

So Metro is only free if you keep a £5000+ balance. Otherwise it's £5.

That's £5000 that could be earning £4.54 in Aldermore while you use a free bank.

Same deal as Cater Allen. Both have refferal schemes which wave that requirement though.

[PerfectStorm]

Same deal as Cater Allen. Both have refferal schemes which wave that requirement though.

Anyone with Metro who can hit a brother up in that case?

[KentDogWalker]

So Metro is only free if you keep a £5000+ balance. Otherwise it's £5.

That's £5000 that could be earning £4.54 in Aldermore while you use a free bank.

A business bank account that pays interest?

[jolly fellopian]

Same deal as Cater Allen. Both have refferal schemes which wave that requirement though.

Can't find anything about referral schemes at Cater Allen or Metrobank, but if anyone knows otherwise at these or other banks and would like to share the spoils, pls PM me.

[Darren at Fox-Bartfield]

Banks

For Cater Allan you need to be referred by one of their introducers. They are taking referrals but not setting up any further introducers at this stage and no idea when or if they will be in the future.

With Metro, they're setting up arrangements and referral agreements with accountants/introducers at the moment, including ourselves. Some already have in place (e.g. SJD).

[KentDogWalker]

I'm moving to MB, they pay 0.25 on business savings account.