Best Business

First Direct Business Banking

About First Direct

Editorial Team

First Direct are an online retail bank that offers users current accounts, savings, loans, credit cards and more. They are a UK company, with headquarters in Leeds, that formed in 1989 by Midland Bank, until they were acquired by HSBC in 1993.

See our full First Direct business account review and easily compare with other UK business bank accounts.

First Direct business account

First Direct do not currently offer a business bank account.

See our business banking guide for an alternative solution.

First Direct reviews

First Direct score excellent on Trustpilot with 4.4 stars, based on over 20,600 reviews, where 68% rated them 5 stars.

They get 4.8 out of 5 stars on the App Store, from over 404,800 ratings.

While on Google Play First Direct only get 3.1 stars from over 17,600 reviews.

Information correct as of 16th January 2024.

Frequently asked questions

It's not uncommon to have questions when looking in to business banking, especially for the first time. These are some of the most relevant questions for First Direct:

No, First Direct does not currently offer a business account. They only offer personal banking services.

First Direct has chosen to focus on providing excellent customer service and innovative personal banking products, rather than expanding into business banking.

There has been no official announcement from First Direct about plans to offer a business account. However, it is possible that they may consider it in the future if there is enough demand from customers.

No, you cannot use First Direct for business banking as they do not offer a business bank account. You will need to look for some alternative options that can meet your banking needs

There are many other banks and financial institutions that offer business banking services. Some popular options include HSBC, Virgin Money, Lloyds, and NatWest. You may also want to consider online-only banks like Starling or Tide. It is important to research and compare different account options to find the best fit for your business.