Cashplus business account review, fees, eligibility and availability

Snapshot

Cashplus is a United Kingdom business account that now operates under the Zempler Bank brand. It holds a full United Kingdom banking licence, offers a free Business Go plan, and suits sole traders, freelancers, and small limited companies that want a simple account with fast opening. As of 17 June 2026.

Who it suits: United Kingdom based sole traders, freelancers, and small limited companies that want a straightforward business account, fast opening, and no requirement for a credit or trading history.
Broadly available in: The United Kingdom. The business must be based in the United Kingdom and, for companies, registered and active at Companies House. As of 17 June 2026.
Headline monthly fee: Free Business Go plan. Paid plans recently about 9 pounds a month for Business Extra and about 19 pounds a month for Business Pro. As of 17 June 2026.
Account type: Current account from a licensed United Kingdom bank, with deposits protected by the Financial Services Compensation Scheme.

Fees and features as of 17 June 2026Last reviewed 17 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Cashplus is a United Kingdom business account that now trades under the Zempler Bank brand, after the group obtained a full United Kingdom banking licence in 2021. It is regulated by the Prudential Regulation Authority and the Financial Conduct Authority, and eligible deposits are covered by the Financial Services Compensation Scheme. The account suits sole traders, freelancers, and small limited companies that want fast opening with no credit or trading history required. There is a free Business Go plan and paid plans that add features and better per transaction terms. Figures here are shown as of 17 June 2026. Verify current terms with Zempler Bank.

Overview

Cashplus provides a United Kingdom business current account with a card, online and app access, and optional credit features, now under the Zempler Bank brand. The group holds a full United Kingdom banking licence granted in 2021 and is regulated by the Prudential Regulation Authority and the Financial Conduct Authority, so eligible deposits are protected by the Financial Services Compensation Scheme. Opening is designed to be quick and does not require a credit or trading history, which suits new and small businesses. As of 17 June 2026.

Strengths

A free Business Go plan, fast online opening with no credit or trading history required, a full United Kingdom banking licence with Financial Services Compensation Scheme protection on eligible deposits, and optional credit and cash flow features. As of 17 June 2026.

Limitations

The free plan charges per outgoing payment after a small monthly allowance, and there are fees for cash deposits and ATM withdrawals. It is built for United Kingdom based businesses, so it does not serve companies incorporated outside the United Kingdom, and some industries are not supported. Verify current terms with Zempler Bank.

Fees and features

All figures as of 17 June 2026. Verify current terms with Zempler Bank.
Monthly fee	Free Business Go plan. Paid plans recently about 9 pounds a month for Business Extra and about 19 pounds a month for Business Pro. As of 17 June 2026.
Transaction fees	On Business Go, outgoing payments cost about 35 pence each after the first three a month, and ATM withdrawals cost about 2 pounds. Paid plans include more free payments. As of 17 June 2026. Verify the current rate card with Zempler Bank.
Cash deposits	Cash deposits cost about 0.55 percent of the amount with a minimum fee, paid in through supported networks. As of 17 June 2026. Verify with Zempler Bank.
FX fees	The account is centred on pounds sterling. Foreign currency card use and any conversion carry fees that vary, so it is not a multi currency account. Unclear at a single headline rate, so verify with Zempler Bank.
Minimum deposit	No minimum opening deposit and no requirement for a credit or trading history. As of 17 June 2026. Verify with Zempler Bank.
Deposit protection	Eligible deposits are protected by the Financial Services Compensation Scheme up to 120,000 pounds per eligible depositor, the statutory United Kingdom limit from 1 December 2025. As of 17 June 2026. Verify with Zempler Bank.
Eligibility	United Kingdom based sole traders, freelancers, and limited companies registered and active at Companies House. Some industries are not supported. As of 17 June 2026. Verify eligibility with Zempler Bank.

Open a Cashplus business account

Cashplus, now Zempler Bank, serves United Kingdom based businesses, including sole traders, freelancers, and limited companies. Fees and eligibility shown as of 17 June 2026. Confirm current terms with the provider before applying.

Visit Zempler Bank →

Cashplus by country

Cashplus, now Zempler Bank, is a United Kingdom account. The country hub below sets out the wider business banking picture in its home market, as of 17 June 2026.

Questions about Cashplus

Is Cashplus a bank?

Yes. Cashplus operates under the Zempler Bank brand and holds a full United Kingdom banking licence granted in 2021, regulated by the Prudential Regulation Authority and the Financial Conduct Authority. Eligible deposits are protected by the Financial Services Compensation Scheme. As of 17 June 2026. Verify the current position with Zempler Bank.

Where is Cashplus available?

Cashplus, now Zempler Bank, serves businesses based in the United Kingdom, including sole traders, freelancers, and limited companies registered with Companies House. It is not a general account for businesses incorporated outside the United Kingdom. As of 17 June 2026. Verify eligibility with Zempler Bank.

How much does a Cashplus business account cost?

There is a free Business Go plan and paid plans, recently about 9 pounds a month for Business Extra and about 19 pounds a month for Business Pro. On Business Go, outgoing payments cost about 35 pence each after the first three a month, ATM withdrawals about 2 pounds, and cash deposits about 0.55 percent with a minimum fee. As of 17 June 2026. Verify current pricing with Zempler Bank.

Who can open a Cashplus account?

United Kingdom based sole traders, freelancers, and limited companies registered and active at Companies House can apply, and no credit or trading history is required. Some industries are not supported, including certain crypto, gambling, and cash intensive activities. As of 17 June 2026. Verify eligibility with Zempler Bank.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 17 June 2026. Confirm current terms with Zempler Bank before applying.