Free day-to-day Business Banking for 25 months
Available to start ups and switchers. Qualifying criteria applies.
Clydesdale Bank, Yorkshire Bank, B and Virgin Money are becoming one bank
In October 2018, Virgin Money plc (Virgin Money) joined forces with Clydesdale Bank PLC (Clydesdale).If you have any products with Virgin Money, we need you to read some information before you apply. This includes how your Financial Services Compensation Scheme (FSCS) protection could be affected.
Free day to day banking
If you're a new business or just new to Clydesdale Bank, you could qualify for our 25 months' free day to day banking offer Go to footnote [1]. With one of the longest free banking offers available on the high street, you can save on those everyday transactions, giving you more cash to put towards growing your business.
- No monthly account fee
- No charges for cash or cheque deposits
- No charges for withdrawals
- No charges for Direct Debits or other automated payments
A cash limit (paid in, paid out or exchanged) of £250,000 per year applies. Charges for additional services or borrowing charges (as outlined in our business banking tariff) are not part of the free day to day banking offer. Excludes international and CHAPS payments.
Who's eligible?
This offer is available to new business customers with a turnover under £2m who switch to our Business Current Account, and to startups who open a Business Current Account within their first 12 months.
Apply in as little as 15 minutes
Start your application online or continue a saved application.
Apply now for a Business current account
18+. All accounts subject to status and eligibility
Compare our accounts
We've got a range of current accounts to suit different business types. Find the right one for you.
The Business Current Account
Our 25 months' free day to day banking offer is available with our Business Current Account. This 5-star Moneyfacts-rated account comes with full current account facilities.
All facilities are subject to status and eligibility, applicants must be aged 18 or over.
Highlights:
- Unlimited deposits and withdrawals, subject to available funds
- Optional overdraft
- Personal attention and support from a member of our team
- Cutting edge digital tools
- Our full product range
- Contactless, Apple Pay, Google Pay and a £700 daily cash withdrawal limit, subject to available funds.
- Apply in 15 minutes
[1] Offer applies to new Small Business Banking customers with a turnover of less than £2 million switching their main business current account or start ups opening first account within 12 months of beginning trading. No charges apply to cash or cheque deposits and withdrawals, Direct Debits or other automated transactions. Borrowing facilities up to £250,000 available subject to status, fees apply. Charges for “additional services” and “borrowing charges” are not part of the free banking offer and are highlighted in our business banking tariff. Charges will apply for international and CHAPS payments. Cash limit (paid in, paid out or exchanged) of £250,000 per annum. At the end of the free banking period, you will move to our business banking tariff
Business Account Checklist - What you’ll need to open an account
Alongside other UK banks, we've agreed to a basic set of information that you'll need to supply to set up your new current account. This simple guide will help you work out what information you need.
View Business Account checklist guide (link opens in a new tab)
Ready to apply?
Start your application for the Business Current Account
online or continue a saved application
Get in touch
If you've got any questions or you'd like to dicuss your
requirements with our business team, get in touch.
0800 032 3971
Available Monday - Friday 8.00am - 6.00pm
Find your nearest branch
You can find impartial information and guidance on money matters on the “Money advice service” website.
Clydesdale Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.