Cashplus Bank review
UK-licensed bank focused on small-business current accounts.
Cashplus is worth a look if you want FSCS protection and are willing to trade a slightly older app for broader acceptance criteria and optional lending.
At a glance
- Monthly fee
- £0 Go / £9 Extra / £69/year Pro
- Free transfers
- Limited free transfers on Go, more on paid tiers
- FSCS protection
- Yes
- Best for
- Businesses that want a UK-licensed bank with easy onboarding
Pros
- Full UK banking licence — FSCS protection up to £85,000
- Accepts applicants some challenger banks decline (e.g. complex histories)
- Overdraft and lending options available
Cons
- Fees can add up outside the Pro/Extra plans
- App is less polished than Starling or Monzo
- Cash deposit fees apply
Features
- Business overdraft and lending
- Direct Debits
- Multi-user access (Pro)
- UK bank account number and sort code
Integrations
Xero · QuickBooks · Sage