Cashplus business account review

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 11 October 2026.

Who it suits: United Kingdom based sole traders, freelancers, and small limited companies that want a straightforward business account and fast online opening.
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 11 October 2026.
Headline monthly fee: Free Business Go plan. Business Extra costs 9 pounds a month and Business Pro 19 pounds a month. As of 11 October 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 11 October 2026Last updated 11 October 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 online opening. There is a free Business Go plan and paid plans that add features and better per transaction terms. Figures here are shown as of 11 October 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 online and designed to be quick, which suits new and small businesses. As of 11 October 2026.

Strengths

A free Business Go plan, fast online opening, a full United Kingdom banking licence with Financial Services Compensation Scheme protection on eligible deposits, and optional credit and cash flow features. As of 11 October 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 11 October 2026. Verify current terms with Zempler Bank.
Monthly fee	Business Go 0 pounds a month. Business Extra 9 pounds a month. Business Pro 19 pounds a month. As of 11 October 2026.
Transaction fees	On Business Go, outgoing payments cost 35 pence each after the first three a month, and cash withdrawals cost 2 pounds in the UK and 3 pounds abroad. Business Extra includes 20 free payments a month and Business Pro 500, with free cash withdrawals. Incoming payments are free on every plan. As of 11 October 2026. Verify the current rate card with Zempler Bank.
Cash deposits	Cash paid in at any UK Post Office costs 0.55 percent of the amount, with a minimum fee of 4 pounds. As of 11 October 2026. Verify with Zempler Bank.
FX fees	The account is held in pounds sterling and is not a multi currency account. Card spending abroad costs 2.99 percent on Business Go and carries no fee on Business Extra and Business Pro. International payments can be sent and received.
Minimum deposit	Zempler Bank does not state a minimum opening deposit on its account pages. Limited companies with corporate shareholders, or limited by guarantee, pay a 100 pound opening fee. As of 11 October 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 11 October 2026. Verify with Zempler Bank.
Eligibility	Applicants must be over 18 and UK resident, and the business must be based in the UK. Limited companies, sole traders, charities and partnerships are accepted. A limited company must be registered at Companies House with an up to date confirmation statement and four or fewer people with significant control. Some industries are not supported. As of 11 October 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 11 October 2026. Confirm current terms with the provider before applying.

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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 11 October 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 11 October 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 11 October 2026. Verify eligibility with Zempler Bank.

How much does a Cashplus business account cost?

There is a free Business Go plan, Business Extra at 9 pounds a month and Business Pro at 19 pounds a month. On Business Go, outgoing payments cost 35 pence each after the first three a month, UK cash withdrawals 2 pounds, and Post Office cash deposits 0.55 percent with a minimum fee of 4 pounds. As of 11 October 2026. Verify current pricing with Zempler Bank.

Who can open a Cashplus account?

UK resident applicants over 18 with a UK based business can apply, including sole traders, limited companies, charities and partnerships. Some industries are not accepted, including cash dealers, crypto currency traders, gambling firms and waste management services. As of 11 October 2026. Verify eligibility with Zempler Bank.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 October 2026. Confirm current terms with Zempler Bank before applying.