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Banking & Saving Co-op Business Banking

Compare Co-op Business Banking

Compare Co-op Business Bank Accounts – read our review and compare the features and benefits available from Co-op to find a Business Bank Account that suits your company.

Co-op Business Banking Review

The co-op business current accounts offer a whole range of features and benefits, designed to help you to manage your business finances, or even provide support in helping your business to develop.

Whether you're looking for a simple ever-day banking solution with long free introductory periods and some great offers, or you would prefer an account that comes with a dedicated telephone-based Relationship Management team to advise you with a whole range of different issues, including new ventures, banking products and loans available to you, providing you with support to help your business develop; co-op business current accounts are well worth considering.

All co-op business accounts provide 24/7 access via its internet banking service UK based call centres, and offer a five star service promise.
Provider Account AER Free Banking Duration Interest Paid Apply
FREE day-to-day banking forever
6%
for Unlimited
Monthly
Free day to day banking and a market leading cash deal
0.25%
for Unlimited
Monthly
2 years FREE business banking with NO charges
0%
for 24 mths
Monthly
Up to 2 years free banking & free automated transactions
N/A
for up to 24mths
Monthly
Get free automated transactions, plus a whole lot more
N/A
N/A
Monthly
  • ***CALL 0845 606 0875 TO APPLY***
  • (This offer is only available over the phone).
  • 6.0% AER for the first 12 months on balances up to £2,500 when you use the Account Transfer Service
  • Free day to day banking includes:
    • Unlimited direct debits, standing orders and bill payments
    • Unlimited debit card payments
    • Unlimited automated BACS credit
    • Unlimited transfers between linked Abbey accounts
    • 100 cheque deposits per month
    • 100 cash and cheque withdrawals per month
    • £3,000 in cash deposited per month
  • Operate the account through the internet, by phone, by post and ATMs
  • Cheque book, paying in book, debit card and regular statements
  • No monthly charge
  • No minimum balances
  • No minimum amount required to be paid in each month
  • Monthly deposits of £1,000 or more are required to earn 6% AER / 5.84% gross
  • Free access to Relationship Managers as your business grows
  • Authorise others to operate the account on your behalf
  • Awarded ‘Best Business Current Account Provider’ for 7 years year running.
  • The rate of base +0.60% is applicable for 12 months from opening your account, then reverts to a rate of base -2.00% gross per annum. This rate will not to fall below 0.10% regardless of any downward movements in our base rate.
  • **Unrivalled access and convenience** - Pay in and withdraw money at any branch as well as at any Post Office Nationwide. That’s a bigger branch network than all of the big banks combined!
  • FREE & UNLIMITED day to day banking:
  • FREE & UNLIMITED Direct Debits
  • FREE & UNLIMITED standing orders
  • FREE & UNLIMITED automated transactions
  • FREE & UNLIMITED cheques issued and deposited
  • FREE cash deposits up to £3,000 each month, then it is just 50p per £100
  • Bank online, over the phone or via the post, plus you can pay in or withdraw money at any Alliance & Leicester branch or Post Office.
  • Free online practical business advice, in conjunction with BusinessLink.
  • 2 years FREE business banking
  • **Unrivalled access and convenience** - Pay in and withdraw money at any branch as well as at any Post Office Nationwide. That’s a bigger branch network than all of the big banks combined!
  • No minimum balance of funding requirements
  • No standard transaction charges
  • FREE Internet business guidance service
  • FREE legal and tax advice
  • Bank by Internet, fax, phone or at 14,000 Post Offices
  • Up to 2 years free banking*
  • Free Automated Transactions Tariff as standard (at the end of the Free Banking Period)
  • Your own Local Business Manager – backed up by an Award Winning Telephony Team**
  • Bank in branch, online or by phone
  • We offer more than you’d expect from a bank…
  • Free CREDITFOCUS Classic - an award wining credit management tool***
  • We offer up to 45 minutes’ free consultation with local professional experts in accountancy, marketing and law.
  • Free Local Business seminars
  • Free - Securely back up 2GB of your business data
  • Access to unique business management software so that you can spend less time on admin and more time on what you love doing
  • * There is no charge for standard transactions for two years if the Barclays Business Essentials and CREDITFOCUS Pro or Barclays Business Essentials Plus and CREDITFOCUS Pro or Barclays Business Manager and CREDITFOCUS Pro are purchased at the time of opening the account. This is only applicable for new businesses opening their account with Barclays. This applies to everyday Sterling, debit and credit transactions and the maintenance fee. Please note: accounts must be active.
  • **Best Large Call Centre in 2007 European Call Centre Awards
  • ***Available to small businesses with a turnover below £1m
  • Free Automated Transactions Tariff as standard
  • Your own Local Business Manager – backed up by an Award Winning Telephony Team**
  • Bank in branch, online or by phone
  • We offer more than you’d expect from a bank…
  • Free CREDITFOCUS Classic our award winning service to help cut out late payers and the risk of bad debt until 31st December 2009 *
  • Free advice from a local solicitor
  • Free Local Business seminars
  • Free - Securely back up 2GB of your business data
  • Free online skills training
  • Free advice from our Legal & Tax helpline
  • Plus, access to unique business management software so that you can spend less time on admin and more time on what you love doing
  • **Best Large Call Centre in 2007 European Call Centre Awards
  • *Available to small businesses with a turnover below £1m

Co-op News

Co-op Bank news: Older people lack ISA awareness
Awareness about individual saving accounts (ISAs) among the over-50s appears to be lacking. ...
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Thu 25th Feb, 2010
New ISAs on offer to Co-op Bank customers
Co-operative Bank customers are now able to access fixed rate savings for the first time. ...
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Wed 4th Nov, 2009
Co-op Current Accounts reveals rise in switching activity
Brits are increasingly looking to switch their current account provider. ...
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Tue 5th May, 2009
Co-op Current Accounts warns against running out of cash
Brits need to keep a careful eye on how much money they have in their current accounts. ...
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Mon 20th Apr, 2009
People switching to current accounts from the Co-op
Current accounts offered by the Co-op are becoming increasingly popular, the financial services provider claims. ...
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Thu 9th Apr, 2009