Best Bunq Business Banking
About Bunq
Serving you award-winning options
We provide a free comparison service but may receive a commission from some advertisers featured on this site.
How it worksBunq are an fully-licenced online challenger bank, providing bank accounts since 2012. They are a European provider from Amsterdam and got their official banking licence from the Dutch Central Bank in 2014. Bunq self proclaim themselves as the 'bank of the free', striving for a green and inclusive future for all.
See our full Bunq business account review and see how they compare with other online currency business account providers.
Bunq business accounts
Bunq offer online business accounts to European businesses, currently unavailable in UK. The different Bunq plans all offer a 30-day free trial and are:
- Easy Bank - their cheapest plan at €6.99 a month, you'll get no transactions allowances and limited features, like no budgeting or saving features
- Easy Money - the most popular account plan, costing €12.99 each month. You'll get free transaction and budgeting and savings features.
- Easy Green - their most expensive account at €22.99 per month, includes everything the Easy Money plan does with features to help your business become carbon neutral.
These are Bunq's business account fees:
| Account name | Easy Bank | Easy Money | Easy Green |
| Application fee | Free | Free | Free |
| Monthly fee | €6.99* | €12.99* | €22.99* |
| Bank transfers | €0.11 | €0.11 | €0.11 |
| Card purchases | Free | Free | Free |
| ATM withdrawals | €2.99 | 6 free each month, €2.99 after | 6 free each month, €2.99 after |
| Cash deposits | 2.5% fee (€100 free per month) | 2.5% fee (€100 free per month) | 2.5% fee (€100 free per month) |
| Foreign currency transaction fee | Mastercard exchange rate + 0.5% | Mastercard exchange rate + 0.5% | Mastercard exchange rate + 0.5% |
| Interest (AER) | 1.05% EUR (3.71% on GBP & USD) | 1.05% EUR (3.71% on GBP & USD) | 1.05% EUR (3.71% on GBP & USD) |
*try free for 30 days.
Eligibility
To be eligible for a Bunq business account you must:
- Not have a Bunq business account for the same business
- Be a European citizen (proof with passport/EU identity)
- Be a registered business in the Netherlands, Germany, France, Italy, Spain, Austria, Belgium, or Ireland
- Be 18 or over
- Have an Android/iOS device
Opening an account
Here's how to open a Bunq business account:
- Download Bunq's app from the App Store or Play Store
- Complete their digital application in 5 minutes - Bunq will confirm your eligibility
- Verify your ID - you'll need to upload a picture ID and a video of yourself
- Once approved (usually same day), you can start banking
Bunq business savings
Bunq offer a free business savings account with no fees and rates on multiple currencies.
You will earn interest at 1.05% on euros and up to 3.71% on balances in pounds or dollars.
There are no minimum or maximum balance limits in place, and you'll be able to make two withdrawals each month.
There are the rates for Bunq's Easy Savings business account:
| Account name | Bunq Easy Savings |
| Account type | Free |
| Interest rate (AER) | 1.05% EUR, 3.71% GBP/USD |
| Minimum deposit | £1 |
| Maximum balance | No maximum |
Bunq reviews
Bunq score an average 3.5 stars on Trustpilot, from over 6,500 reviews, with 42% of reviewers giving them 5 stars.
Their App Store app gets a better 4.5 stars from nearly 900 ratings.
And on Google Play users rate them 3.5 out of 5 from over 20,600 reviews.
Information correct as of 25th January 2024.