Santander reneges on promise to offer free banking for life to business customers

[kingcook]

Any free business accounts these days? Or at least paid for ones where you get something for your money?

HSBC Direct Account. (< £500K turnover).

Stick to online transactions (and a very low much of cash/cheque transactions, check the detail) and it remains FREE. No monthly charge either.

Despite what others may say, LloydsTSB's business accounts are NOT free! (they charge £5/mth after any honeymoon period)

[AtW]

All depends what they are using my company's money for.

When you get paid do your clients ask what you'll use their money for and then decide how much to pay?

[kingcook]

When you get paid do your clients ask what you'll use their money for and then decide how much to pay?

Nope.

[AtW]

Nope.

Then why are you asking bank who'll hold your money safe and enable you to actually get the money you've earned?

Let's say your Ltd bills £3000 per month and pays bank £7.50 for banking services, that's 0.25% of turnover or fook all.