I am with HSBC. Very good internet and telephone banking. I was about to switch to Alliance & Leicester last month as HSBC's bank account offers 2.52% interest rate but HSBC has just launced a business deposit account of 4.58% and that kept me with them
I am currently on an 18 month free banking deal. I might have to reconsider when this is over, but so far, it has worked very good for me
I was with Cater Allen for 5 months when I started, their telephone banking was indeed very good. I didn't like two things though, 1. No Internet banking 2. No interest on the first £5000 in the account, so banking with them is not really free, is it?
Good luck with your research
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Reply to: Best business bank account
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Previously on "Best business bank account"
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I would second Cater Allen, they have free banking and quite good interest rates and I believe that internet banking is due in May, although their telephone banking system works very well.
I believe you can use branches of the Royal Bank of Scotland although I cannot see what you need branch access for?
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see the 'new bank account opening' thread.
Lots of contractors with Cater Allen (myself included - good interest rate, excellent service - just shame they still haven't got online access sorted). Alliance & Leicester are v.popular also. I'd advise just going with one of the high street big boys - you'll end up with crap interest rate, and after an initial free banking period will start getting charged....much much better deals are out there.
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Best business bank account
OK like many others I have recently set up my Ltd company and moved away from umbrella service.
My next step & final I think is to set up a business bank account.
So i am looking for recommendations for a business account that offers
Internet banking
high street branch
minimal paperwork
please let me know what you think.
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