Just like its personal account, Zempler’s business account is a digital-only account that can be entirely managed online or from the app. You can open an account in a few minutes and without a credit check – Zempler will only need to verify your company’s details. Zempler has been featured as our best business account for companies with bad credit (or no credit history) for this reason.
Zempler Bank offers a business account that caters for most day-to-day banking needs, including setting up direct debits. It also comes with a Mastercard, which you can use to make payments and withdraw cash.
If you need additional cards for your team, you can get up to 20 of them, at a cost of £5.95 each. You can set individual spending limits for your staff and track their expenses through the business account’s banking app.
There are charges for using your business account cards overseas, but if you do need to go abroad, you can get a separate euro or dollar card for free, which you can use to make card payments or ATM withdrawals without foreign currency transaction fees.
In addition, as a customer of Zempler, you may also be able to get funding for your business if you need it, in three different ways:
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| Product Name | Zempler Business Go Bank Account |
| FSCS protected | |
| Account fee | Free |
| UK ATM charge | £2.00 |
| Account software integration | |
| Accounting integrations | Clear Books, FreeAgent, KashFlow, QuickBooks, Sage, Xero |
| Additional cards | Up to 20 additional cards |
| Additional card fee | £5.95 |
| Requires credit check | |
| Credit check | |
| Credit check details | No credit checks to apply |
| Overdraft | |
| Freeze card from app or online banking | |
| Instant notifications | |
| Interest rate | 0% |
| Current account switch guarantee |
| |
| Product Name | Zempler Business Go Bank Account |
| Overseas transaction charge | 2.99% |
| Overseas ATM charge | £3 |
Compare the fees of popular business bank accounts
You can open one of these accounts if you are the owner of a limited company or partnership, or if you’re a sole trader.
Zempler says you can apply for a business account in a matter of minutes, and then the account will be open soon afterwards. You will be asked to provide the following information for your application:
You can deposit cash into your Zempler business account at any branch of the Post Office, and it will be available instantly in your account balance. The fee for depositing money is 0.5% of the amount paid in, with a minimum charge of £3.
You can’t deposit cheques into a Zempler business account.
You can accept international payments into your Zempler business account in sterling or euros. The time it takes for an international payment to arrive in your account will vary depending on which country and bank it’s coming from.
Zempler charges a flat fee of £15 per inbound international payment.
You cannot, however, make an outbound international transfer from your Zempler business account. So if you do business overseas and need this facility, you might want to consider a different account.
It’s worth noting that you can use your Zempler card abroad, where you’ll pay a fee of 2.99% on any purchases you make, and £3 to withdraw cash from an ATM.
But you do also have the option of ordering a separate euro or dollar card for free, which you can use to make card payments or ATM withdrawals in those two currencies without incurring foreign transaction fees. You can transfer money onto those cards from your Zempler account, via online banking.
Zempler was granted its full banking licence in February 2021. This means that funds you deposit into a Zempler business bank account are protected by the Financial Services Compensation Scheme (FSCS), up to the value of £85,000.
In our independent 2024 customer satisfaction survey, 93% of Zempler users said they’d recommend the brand to a friend. Customers highlighted the bank’s great customer service and easy to use online banking. Here’s what some of those Zempler customers had to say:
“Very easy to manage our account online, we feel like our money is in safe hands.”
“I have had a really positive experience, everything has been easy to manage”
“It’s been an absolute pleasure being a Zempler customer. They have excellent customer service. The products are great. I love their bank app as well. Simple and very easy to use”
On the Apple App Store, Zempler is rated 4.7 out of 5 based on over nearly 50,000 reviews. On the Google Play Store, 4.4 out of 5, based on over 24,000 reviews (April 2024).
| Email support | |
|---|---|
| Telephone support | |
| In-app or live chat | |
| Contact form | |
| Branch support |
The Zempler business account could be appealing if you’ve just started your business, or if you or your business has bad credit. You can open the account easily online and without credit checks, plus it offers a decent range of features and you can also borrow money if you need it.
Get started by visiting the Zempler website and sign up for an account. If you have read this review and decided that Zempler’s account is not for you, you can also compare other business bank accounts on the market.
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