Quickest way to open a business account: A hassle-free guide

Article
Euan Robb

Introduction

Starting a new business in the UK is an exciting journey, but it often comes with a daunting list of tasks. One of the most critical steps is setting up a business account - a process that can be time-consuming and complicated. But what if you could bypass the hurdles and have a business account ready on the same day?

Card One Money offers just that - a swift, efficient, and hassle-free way to open a business account, with no credit checks required.1

About Card One Money

The need for speed in business banking

In today's fast-paced business environment, time is money. Delayed banking processes can hinder your business's ability to operate effectively. Quick access to a business account ensures you're ready to handle transactions, manage cash flow, and make timely payments, setting the stage for a smooth business operation.

Why choose Card One Money?

  1. Same-day account setup: Get your business account up and running on the same day you apply.
  2. No credit checks: Card One Money's business account ensures that your credit history does not impact your ability to open a business account, great for businesses that are yet to trade or those with poor or no credit history.
  3. Simple application: Save yourself from having to visit various branches by applying to Card One Money online. It’s takes no more than 10mins and comes with a one-off fee.
  4. Safeguarded funds: Protection of your finances is important. Card One Money protects customer funds via safeguarding, holding them in specially designated safeguarded bank accounts, separate from their other assets.2
  5. Cashback rewards: Load your Card One Money prepaid Mastercard and start spending to get up to 3.5% cashback at some of the UK’s most popular retailers.

How it works: A guide to opening your account

Managing your Card One Money business account couldn’t be easier, receive funds, make payments and manage company cards simply and securely.

  1. Apply in a flash: Save yourself a branch visit by applying online. It’s takes no more than 10mins and comes with a one-off fee.
  2. Set up payments: Pay wages, suppliers and bills directly, or set up Direct Debits and standing orders so they’re automatically sorted.
  3. Cover expenses: Order up to four cards for your team to use on business expenses and add money directly from your account.

Why it matters for your business

  • Time efficiency: Less time spent on banking means more time for business growth.
  • Financial inclusion: No credit checks mean more businesses can access banking services.1
  • Ease of use: An intuitive online platform simplifies financial management.

Conclusion

For entrepreneurs and business owners in the UK, the need for a quick, reliable, and accessible business account solutions is vital. Card One Money not only meets this need but does so with an emphasis on simplicity and efficiency.

Apply today

1Account registration is subject to identification and residency. Cardholder must be at least 18 years of age. See terms and conditions.

2Card One Money accounts don’t fall under FSCS. Please visit the Card One Money website for more details.