Business account

Meet the accountbuilt for business

0.5% cashback on card spend, and account features to help you speed up and automate your daily tasks with control.

0.5% cashback on card spend
Get setup in minutes
Connects with Xero or Quickbooks

Your finances, in one place

Pay your bills, give your team cards, and earn cashback when you spend. The multi-user account, centrally managed by your Teya App or from the Teya web portal.

Man seated outdoors holding a Teya card machine.

Woman holding a Teya card machine in a restaurant.

Café worker holding a Teya card machine outdoors.

A powerful multi-user account

Invite your team to help run the business. They request, you approve so you're always in control.

Lime Teya cards arranged on a wooden table.

Create cards for your team

Create physical or virtual cards, set limits, and see the expenses linked to each card.

Teya card machine, Teya card and mobile phone on a wooden table.

Get set up in minutes

Open a Teya Business Account right from your phone. No branch visits, just a few simple steps and you're ready to go.

Person viewing the Teya app with Cashback on a mobile phone beside a coffee and Teya card.

Make your money work harder

Earn 0.5% cashback on all your card spend.

Person viewing bill payments on a mobile phone.

Pay bills automatically

Snap, upload or email an invoice and Teya fills in the details in seconds.

Features

Speed up and simplify the admin

Built to take the everyday back office tasks off your plate, and pay you back for spending.

See every pound, in and out

See what's coming in and going out across your Teya accounts, in real time.

Pay your bills without the busywork

Snap, upload or email a bill and Teya reads the supplier, amount and due date for you, then lets you approve, schedule and track every payment in one place.

Keep your books up to date automatically

Connect Xero or QuickBooks and let your transactions sync automatically.

Earn 0.5% cashback

Earn 0.5% cashback on every card purchase, paid into your account each month.

Cashback activity: business transactions each earning money back

Savings

Set money aside and earn interest with Savings Pots

Open up to ten Savings Pots inside your Business Account, each earning 3% AER, added daily, with instant access when plans change. Powered by a third-party UK authorised bank, with eligible deposits FSCS protected up to £120,000.

Three Savings Pots in the Teya app: Inventory fund, Rainy day and New freezer

A pot for whatever you're planning

Keep your tax, a rainy-day buffer, and your next goal in separate pots, so your money isn't sitting in one pile.

Daily interest entries shown in a Savings Pot

Every pot earns 3% AER

Interest is worked out and added daily, so you can watch each pot build rather than waiting for a monthly payment.

Confirmation that £100 was transferred to the Teya Business Account

Your money stays within reach

No notice period and no penalty. Move money back into your balance whenever plans change and it's there to spend.

Cards and team permissions

Cards and permissions, fully in your control

With a Teya Business Account you get up to 3 free physical Teya Visa debit cards and up to 10 virtual cards, all linked to the same balance and visible in the Teya App or from the Teya web portal.

Physical and virtual cards

Order a physical card or create virtual cards and freeze, unfreeze, or cancel any of them in a tap.

Cards for your team

Give each staff member their own card, with spending limits you set.

Roles and permissions

Decide who can see and do what, from full admin to view-only access.

Ready to open your Teya Business Account?

The Teya Business Account is exclusively available to Teya customers with an active card machine.

Get started See pricing

Frequently asked questions

The questions small businesses ask before they open an account. Can't find yours? Our team is here to help.

Teya isn't a bank, it's an electronic money institution authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011. The Teya Business Account is an e-money account and the UK's Financial Services Compensation Scheme (FSCS) doesn't apply. Instead, your funds are safeguarded. To understand more about how Teya safeguards your funds, see our Business Account Terms: https://www.teya.com/legal/business-account-terms

With a Teya Business Account you get up to 3 physical Teya Visa debit cards and up to 10 free virtual cards, all linked to the same balance and visible in the Teya App or from the Teya web portal. Both physical and virtual Teya cards work with Apple Pay and Google Pay. That lets you give co-founders, managers or team members their own card for business spending while keeping every transaction in one place. A virtual card can be created when your Business Account is activated, so you can start spending online before your physical card arrives in the post.

Once your Teya Business Account is approved, you can start using it as the settlement account for your Teya card machine, so card payments you take in-store or on the go are settled directly into your Business Account, ready to spend, transfer or save. You can track every settlement in real time in the Teya App or from the Teya web portal and use the funds straight away with your Teya Visa debit card, with no need to move money between providers.

The Teya Business Account has no monthly fees and no setup fees, and you get free domestic transfers and direct debit setup. Your Teya Visa debit card includes 30 free ATM withdrawals every month. When you spend abroad, the transaction is converted to your account currency at the standard Visa exchange rate on the day it's processed, with no extra mark-up added by Teya. For full fee details, see our fee schedule at https://help.teya.com/hc/en-gb/articles/42974130040593-Business-Account-fees-and-limits or in the Teya App before you confirm any transaction.

Every card purchase you make with your Teya Visa debit card automatically earns 0.5% cashback, there are no points to redeem, no caps, and no minimum spend. Cashback is credited to your Business Account every month so your rewards add up alongside your everyday spend, all visible in the Teya App or from the Teya web portal. Only purchases at merchants, online or in-store, count towards cashback; ATM withdrawals don't qualify. Your Teya Visa Platinum card works anywhere Visa is accepted, and you'll still earn 0.5% cashback on international purchases.

Yes. You can deposit cash into your Teya Business Account at any PayPoint location across the UK, the PayPoint network covers more than 30,000 stores, including many newsagents and convenience stores, so a deposit point is usually only a few minutes away. Deposits are added to your Business Account balance once they've been processed, and you can view them alongside your card-machine settlements and other transactions in the Teya App or from the Teya web portal. To understand the fees for cash deposits, see our fee schedule at https://help.teya.com/hc/en-gb/articles/42974130040593-Business-Account-fees-and-limits