0808 20 20 888

Whatever your business, the FSB will work for you.

You can click here to arrange an appointment, join online or call us on 0808 16 88 139 to find out more about joining.

FREE* small business banking for FSB members

Free* banking: why your small business needs it

As a small company, you can't afford to be without a free business bank account. Here's why:

  • If you have set up as a limited company or partnership, you are required to have a business bank account
  • Many business bank accounts still charge you even if you're in credit
  • Some banks charge up to £25 per transaction on top of monthly fees
  • Unexpected fees can make it difficult to control cash flow
  • Using a personal account makes keeping financial records difficult

Join the FSB for FREE* business banking and financial advice

The FSB, in partnership with The Co-operative Bank, offers free business banking for life and a range of financial benefits for its members:

  • No charge on all standard non-cash transactions. Charges apply for any special services such as stopping cheques, CHAPS payments etc.
  • Free to pay in up to £4,000 cash per month. If you need to deposit more, you pay 40p per £100 extra
  • Fee-free overdraft subject to application and status
  • Interest paid on every penny of your credit balance
  • Access to a business charge card with no monthly fee subject to application and status with an interest free period of up to 38 days**
  • Free change facility at Co-operative Bank branches (by arrangement)
  • £25 loyalty bonus every year

*Some restrictions apply - see tariff for details.
**Purchases in a currency other than sterling are subject to a foreign currency commission charge of 2.75%. Cash advances are subject to a 2% handling charge which may additionally apply if drawing currency other than sterling.

Co-op: free business banking with ethics

As well as restricting finance to certain business sectors or activities, the Co-operative Bank's Ethical Policy commits to provide finance to those organisations making a positive community, social and environmental impact.

Join the FSB and take advantage of this exclusive business banking offer:

To find out more, call The Co-operative Bank on 0808 16 88 283 between 8.30am and 5.00pm, Monday to Friday or visit:

Credit facilities are provided by The Co-operative Bank and are subject to status, our lending policy and security may be required. The Co-operative Bank reserves the right to decline any application. See FSB Business Banking tariff for full details.

The Co-operative Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (No.121885) and holds an Interim Permission in respect of consumer credit activities and subscribes to the Lending Code and the Financial Ombudsman Service.
Calls may be monitored or recorded for security and training purposes. Calls to 0800 numbers are free from landlines. Calls to mobiles may vary and you may want to check this with your service provider

Simply Devine

Case Study

Business banking: how it helped our friends in the north

Millinery and accessories designer, Simply Devine, has a strong head for business, thanks to the FSB.

Set up in 2004, Simply Devine is owned and managed by mother and daughter team, Joy Devine and Liz Devine-Wright. The Tadcaster based company is now one of the region's most successful small businesses - and becoming a Co-operative Bank FSB Business Banking customer has made a real difference.

"It's one of the best business decisions we've ever made concerning our small business finance," says Liz.

"We enjoy free banking. We don't pay bank charges for paying money in or taking it out - and The Co-operative Bank even gives us a loyalty bonus every year and monthly interest"

Liz adds that the bank's quality of customer services is excellent. "There is always a knowledgeable person at the other end of the phone and when we've used foreign payments, staff have always been extremely helpful."