No transaction fees for the first 18 months
Only pay for unarranged borrowing and some additional services
Standard tariff will apply when free banking period ends
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Start up business account
18 months transaction fee-free banking
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The Start up business account is available for businesses that have been trading for less than 1 year and have a turnover of less than £1m. It is available for eligible customers who are over 18 and have the right to be self-employed in the UK. We reserve the right to change or withdraw the start up offer without prior notice.
Expert business advice and guidance whatever stage you’re at
We know what it takes to run a business, and we’re here to help yours grow. We’ve got useful tips, business tools and welcoming communities where you can learn and thrive.
Switch to NatWest
The Current Account Switch Service will do all the work when it comes to switching, moving everything across from your old account to your new account, all within 7 working days, including Direct Debits and standing orders. All you need to do is tell us the details of your old bank account and when you want the switch to start.
Current Account Switch Guarantee (PDF, 40KB)
Your Guide to switching your account to us (PDF, 2.3MB)
Ready to apply?
Thanks for choosing our start up bank account, let’s get started.
We also offer
Supporting female entrepreneurs
We’re committed to supporting female business leaders to achieve their ambitions by empowering them and breaking down barriers. Find out more about Women in Business programme and how to apply for the UK’s most exciting and accessible start-up programme for women.
UK residents with new UK projects can apply. Eligibility (including type of project), and specific criteria apply. Fees apply, see the help centre for more details.
Apply for our Business Credit Card
No annual fee for the first year (normally £30)
56 days interest-free credit period on purchases
Control your account in real time and check your balance on the go
To apply for a NatWest Business credit card, you must be a UK resident aged 18 or over and maintain a business bank account in the same legal entity name with NatWest. Your registered business must be in the UK and you should be registered for tax purposes in the UK. The NatWest Business credit card is subject to status and for business use only. Applications for our Business credit card are subject to approval. If you apply for any other credit facilities, security may be required and product fees may apply.
Grow your business network
Apply to meet with experts and like-minded businesses, as well as gain access to a wealth of free learning tools to set up and grow your business through our free Business Growth Events.
Simple charges with no minimum monthly charge
At the end of your 18 month free banking period, you'll move onto our Standard Tariff. See our full list of business account charges:
Business account charges booklet (PDF, 53KB)
Summarised business account charges booklet (PDF, 46KB)
Useful info about this account
Government backed loan schemes
If you are looking to open a Start up account in order to apply for the government-backed Bounce Back Loan Scheme, please note you will only be eligible for this loan with NatWest if:
You were an existing NatWest Personal or Business customer on or before 4 May 2020
You can evidence that your business was established before 1 March 2020
You can certify that your business has been adversely impacted by Coronavirus
You're a UK resident with a business or registered charity based in the UK
The Bounce Back Loan Scheme is provided through a government scheme and does not benefit from the same level of consumer protection as our other loans. If you are in any doubt about whether this loan is right for you, you should take legal advice. Over 18s only. Subject to status. Business use only. Eligibility criteria applies.
Managing your business finances has never been easier
Visit our servicing hub for instant access to managing your business accounts, loans, credit cards and any other business service you have from NatWest.
Ways to bank
Choose the most convenient and easiest way for you to bank. We offer Online Banking, Mobile Banking and Bankline. Business banking at its best.
Tax-record keeping, VAT and more
Does the mere mention of those items give you sweaty palms and a feeling of dread? We’re on hand to help you.
Grow your business network
Meet with experts and like-minded businesses, as well as gain access to a wealth of free learning tools to set up and grow your business through our free Business Growth Events.