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Business Account made for you.

Designed to be the best business account for small business, it's simple, free to open and it rewards you with unlimited cashback on any purchase.

Business Account made for you.

Designed to be the best business account for small business, it's simple, free to open and it rewards you with unlimited cashback on any purchase.

Business Account made for you.

Designed to be the best business account for small business, it's simple, free to open and it rewards you with unlimited cashback on any purchase.

Designed with small businesses in mind 

Free to open, easy to use 

The free online business account for small businesses, with no hidden fees.  

Cash flow under control

Connected with your Teya card machine to receive your card machine sales.  

Move money your way 

Move money quickly, deposit cash, spend securely with your free Visa cards, and much more.

Your peace of mind, 24/7 

An account safeguarded by advanced encryption, secure login, and 24/7 fraud monitoring. 

Google Ads

-£45.00

Teya

+£348.09

Victoria Train Station

-£6.50

Use it anywhere

Access your Teya Business Account directly from the Teya App and benefit from a simple and transparent experience. View your card sales and your expenses all in one place, manage card transfers and receive money seamlessly in just few taps.

Pay with it any way

Get access to a free Visa Platinum debit card; simply order it for free through the App and activate it to start using. Want to start spending straight away? Create up to 10 free virtual cards instantly in the app, ready to use anytime. Prefer paying with your phone? All your Teya cards - physical and virtual - can be added to Google Pay or Apple Pay for quick and seamless checkout.

14:05, Cashback 2024-12

December

+ £32.40

+ £32.40

11:31, Cashback 2024-11

November

+ £82.87

+ £82.87

09:54, Cashback 2024-10

October

+ £42.67

+ £42.67

16:12 Cashback 2024-09

September

+ £42.34

+ £42.34

Get rewarded every time

Get rewarded
every time

Celebrate every pound you spend with your Teya cards because for every purchase you'll be given 0.5% cash back, paid monthly. You'll earn it on any purchase, with no limit to how much you can earn.

A better alternative for small businesses to high-street banks

Many traditional banks often hide fees that add up quickly. Teya Business Account offers low to no fees and full transparency, making it easier to manage your business finances.

A better alternative for small businesses to high-street banks

Many traditional banks often hide fees that add up quickly. Teya Business Account offers low to no fees and full transparency, making it easier to manage your business finances.

A better alternative for small businesses to high-street banks

Many traditional banks often hide fees that add up quickly. Teya Business Account offers low to no fees and full transparency, making it easier to manage your business finances.

Features
Teya Business Account
High-street
Banks

Account fee

£0

£5 - £8.50

after free trial periods

GBP money transfers

£0

£0.20 - £0.35

per transfer

Cashback on purchases

0.5%

on every transaction

Not available

ATM cash withdrawals

30

Free per month

£0.35 per transaction

after free limits

Direct debit setup

£0

Often £0.50 - £1.50

per setup

Teya Business Account
High-street
Banks

Account fee

£0

£5 - £8.50

after free trial periods

£0

£0.20 - £0.35

per transfer

GBP money transfers

£0

Often £0.50 - £1.50

per setup

30

Free per month

£0.35 per transaction

after free limits

0.5%

on every transaction

Not available

Cashback on purchases

ATM cash withdrawals

Direct debit setup

This comparison is based on an internal research analysis of various alternatives, using publicly available information.

Packed with features to save you time and money

Packed with features to save you time and money

£0 set up and management fees 

Open a free Teya Business Account and  enjoy £0 management fees, forever.  

Instant, free money transfers

Transfer money safely and in seconds with free GBP money transfers.  

Free direct debits 

Set up direct debit for free and forget about making recurring payments manually. 

Free cards for every occasion 

Get your free Visa Platinum debit card and create up to 10 free virtual cards at the same time. 

Manage your cash your way 

Deposit cash at any PayPoint or get cash when you need it, with 30 free ATM withdrawals per month. 

24/7 protection

Move money with peace of mind, knowing that your transfers are monitored for fraud 24/7.

With Teya Business Account you're in safe hands 

With Teya Business Account you're in safe hands 

We're fully regulated 

We're fully regulated 

We're a UK Electronic Money Institution authorised by the Financial Conduct Authority.

We're a UK Electronic Money Institution authorised by the Financial Conduct Authority.

We're here for you

We're here for you

A team of experts is available for you via e-mail, phone, live chat and WhatsApp.

A team of experts is available for you via e-mail, phone, live chat and WhatsApp.

We protect your money

We protect your money

Your online card transactions are protected against fraud with 3D Secure.

Your online card transactions are protected against fraud with 3D Secure.

All funds held in the Teya Business Account are safeguarded in accordance with all legal and regulatory obligations. Teya Business Account is an e-money account not a bank account, and the UK’s Financial Services Compensation Scheme (FSCS) does not apply.

FAQs

What’s a business account?

A business account is an account specifically thought for managing a company's finances. It is where you get your card machine sales settled. You can use your business account as you'd use a normal bank account to pay suppliers, transfer money and monitor your cash flow.

What’s a business account?

A business account is an account specifically thought for managing a company's finances. It is where you get your card machine sales settled. You can use your business account as you'd use a normal bank account to pay suppliers, transfer money and monitor your cash flow.

What’s a business account?

A business account is an account specifically thought for managing a company's finances. It is where you get your card machine sales settled. You can use your business account as you'd use a normal bank account to pay suppliers, transfer money and monitor your cash flow.

Who can apply for Teya Business Account?

All Teya customers can open a Teya Business Account for free and enjoy its benefits, like earning unlimited cashback. Simply contact the sales team at +44 203 978 0214 or send your message on https://www.teya.com/contact-sales. If you’re not a customer yet, contact us to start your journey with Teya. 

Who can apply for Teya Business Account?

All Teya customers can open a Teya Business Account for free and enjoy its benefits, like earning unlimited cashback. Simply contact the sales team at +44 203 978 0214 or send your message on https://www.teya.com/contact-sales. If you’re not a customer yet, contact us to start your journey with Teya. 

Who can apply for Teya Business Account?

All Teya customers can open a Teya Business Account for free and enjoy its benefits, like earning unlimited cashback. Simply contact the sales team at +44 203 978 0214 or send your message on https://www.teya.com/contact-sales. If you’re not a customer yet, contact us to start your journey with Teya. 

Is Teya Business Account free?

Yes! Teya Business Account is free to open and has no account fees. You can enjoy free domestic money transfers and direct debit setup, order your Teya card for free and start spending to earn cashback.  

Is Teya Business Account free?

Yes! Teya Business Account is free to open and has no account fees. You can enjoy free domestic money transfers and direct debit setup, order your Teya card for free and start spending to earn cashback.  

Is Teya Business Account free?

Yes! Teya Business Account is free to open and has no account fees. You can enjoy free domestic money transfers and direct debit setup, order your Teya card for free and start spending to earn cashback.  

Do I need a business account?

A business account is essential for limited companies and a preferred requirement for sole traders as well. It helps separate personal and business finances, making management easier, and it simplifies tax filing, bookkeeping, and even enhances the professional image of a business. 

Moreover, a business bank account can help build your business credit score, which is crucial for accessing loans and growth opportunities. 

Do I need a business account?

A business account is essential for limited companies and a preferred requirement for sole traders as well. It helps separate personal and business finances, making management easier, and it simplifies tax filing, bookkeeping, and even enhances the professional image of a business. 

Moreover, a business bank account can help build your business credit score, which is crucial for accessing loans and growth opportunities. 

Do I need a business account?

A business account is essential for limited companies and a preferred requirement for sole traders as well. It helps separate personal and business finances, making management easier, and it simplifies tax filing, bookkeeping, and even enhances the professional image of a business. 

Moreover, a business bank account can help build your business credit score, which is crucial for accessing loans and growth opportunities. 

Ready to open your Teya Business Account?

Ready to open your Teya Business Account?

Ready to open your Teya Business Account?

The Teya Business Account is exclusively available to Teya customers.

Copyright © 2025 Teya Services Ltd. Teya Services Ltd. is registered in England and Wales with the company number 12271069 and the registered address Third Floor, 20 Old Bailey, London, EC4M 7AN, United Kingdom. Teya Solutions Ltd. is authorised by the Financial Conduct Authority under the E-Money Regulations 2011 [Reference no. 978181] for the provision of payment services and issuing of electronic money.

United Kingdom (English)

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Copyright © 2025 Teya Services Ltd. Teya Services Ltd. is registered in England and Wales with the company number 12271069 and the registered address Third Floor, 20 Old Bailey, London, EC4M 7AN, United Kingdom. Teya Solutions Ltd. is authorised by the Financial Conduct Authority under the E-Money Regulations 2011 [Reference no. 978181] for the provision of payment services and issuing of electronic money.

United Kingdom (English)

Cookie Settings

Copyright © 2025 Teya Services Ltd. Teya Services Ltd. is registered in England and Wales with the company number 12271069 and the registered address Third Floor, 20 Old Bailey, London, EC4M 7AN, United Kingdom. Teya Solutions Ltd. is authorised by the Financial Conduct Authority under the E-Money Regulations 2011 [Reference no. 978181] for the provision of payment services and issuing of electronic money.

United Kingdom (English)

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