Overview
MoneySuperMarket Business Banking, at a glance.
MoneySuperMarket Business Banking is a business account app, accounts held at griffin bank headquartered in the United Kingdom. The company behind MoneySuperMarket Business Banking is Counting Ltd; accounts are provided by Griffin Bank Ltd. Business accounts cost from £5 a month. Opening an account takes 3–5 days.
The account is provided by Griffin Bank Ltd, authorised by the Prudential Regulation Authority and regulated by the FCA and PRA (reference 970920). Eligible deposits are protected by the Financial Services Compensation Scheme up to £120,000. The app is built and run by Countingup; the card is issued by Transact Payments Limited.
Why businesses pick MoneySuperMarket Business Banking
- A bank account with FSCS protection up to £120,000
- Bookkeeping, tax estimates, VAT filing, invoices and payment links in the app
- No upfront cost
- Open to sole traders and small limited companies
- Opened in the app the same day
Watch out for
- Only for UK residents; limited-company owners must live in the UK
- Limited companies need two directors or fewer and only individual shareholders
- GBP only; card payments abroad cost 3%
- Only three transfers and three Direct Debits a month are free, then 27p
- No list of refused industries published
Business fit
Will MoneySuperMarket Business Banking accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on MoneySuperMarket Business Banking's published rules
Likely fit
MoneySuperMarket Business Banking lists both United Kingdom companies and UK sole traders as accepted.
MoneySuperMarket Business Banking does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What MoneySuperMarket Business Banking publishes about the businesses it takes on.
Who MoneySuperMarket Business Banking serves
- Freelancers
- Startups and SMEs
- Professional services
All 5 industries on MoneySuperMarket Business Banking's accepted list
- UK sole traders
- UK small businesses
- UK limited companies
- Businesses needing integrated accounting and tax tools
- Businesses needing invoicing, payment links and VAT filing
Not supported
Industries and countries MoneySuperMarket Business Banking does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use MoneySuperMarket Business Banking?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
GBP only
- GBP
Payment reach
Not published
Who can apply
Company incorporation countries1 countries · show list
- United Kingdom
Owner nationality
Not publishedOwner residency1 countries · show list
- United Kingdom
Company types
Sole traders, Limited companies limited by shares, with up to two directors and all shares held by individuals
Pricing
What does MoneySuperMarket Business Banking cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Free
Monthly fee
£5–20
depends on plan
Up to £750 deposits
Lowest cost£5 per month
£0 setup · £60 in year one
£750 to £7,500 deposits
£12 per month
£0 setup · £144 in year one
Over £7,500 deposits
£20 per month
£0 setup · £240 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| Faster Payments (GBP) | £0.27 | Fixed fee · After three free transfers a month |
| Outgoing | ||
| Faster Payments (GBP) | £0.27 | Fixed fee · After three free transfers a month; Direct Debits the same |
Other fees
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | £5 | Fixed fee · Replacement card |
| Card FX | 3% | Percentage of the amount |
| ATM withdrawal | £1 | Fixed fee |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Download
Download the MoneySuperMarket Business Banking app.
- 2
Details
Give your personal and business details.
- 3
Identity
Upload an ID document and take a selfie.
- 4
Account live
Answer any extra questions; the account can be ready the same day.
Documents you need
Not published
FAQ
Your questions, answered.
Is MoneySuperMarket Business Banking a bank account?
Yes. The account is provided by Griffin Bank Ltd (FCA and PRA, 970920), with FSCS protection up to £120,000. MoneySuperMarket brands the app; Countingup builds and runs it.
How much does it cost?
£5 a month up to £750 of monthly deposits, £12 up to £7,500 and £20 above. Three transfers and three Direct Debits a month are free, then 27p each; card payments abroad cost 3% and ATM withdrawals £1.
Who can open an account?
UK residents aged 18 or over who are sole traders, or directors of an active UK limited company limited by shares with no more than two directors, all PSCs living in the UK and all shares held by individuals.
How is it related to Countingup?
Countingup builds the app and provides the account service and support; your account agreement is with Countingup, and the bank account is at Griffin Bank.
Alternatives
How MoneySuperMarket Business Banking compares.
If MoneySuperMarket Business Banking is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 MoneySuperMarket Business BankingThis pageBusiness account app, accounts held at Griffin Bank | Not published | AppDeposit protection |
 CountingupBusiness account |  | BookkeepingDeposit protection |
 TideE-money institution | | Free planNon-residents accepted |
 ANNA MoneyE-money account | | Free planTax tools |
 Monzo BusinessBank |  | Free planDeposit protection |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.