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SMART BUSINESS CARDS MADE FOR SMARTER TEAMS

Add or cancel cards, and set spend limits for you and your team in seconds

Manage spend at every level with real-time limits and controls

No monthly fees, no transaction fees

Spend abroad fee-free

One login, unlimited free business accounts
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No need to switch your full business banking. Start with one account, for one venture.
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Spend abroad fee-free

Use in 40+ countries with no extra charges or FX fees.

Easy admin

Add or cancel debit cards for you and your team, and set spend limits in seconds - free of charge

Pay with Google Pay

Add your OakNorth card to Google Pay and pay from your phone or watch — no physical card needed.

Effortless reconciliation

Card payments sync straight into Xero and Sage (more integrations coming soon).

Safe spending

Transactions are protected with biometric security, fraud monitoring, and strong encryption.

Fast delivery

Get your OakNorth Visa debit card delivered in just 3–5 business days.

Managing business expenses shouldn’t slow you down

From onboarding new team members to paying international suppliers, expenses are a daily reality. But traditional tools are often slow, expensive, and admin-heavy. That’s why we created the OakNorth Visa debit card, to give growing businesses a faster, more flexible way to manage spending without the complexity. With spend limits built in, you have the flexibility to empower your team without losing control. Set limits by month or by transaction and manage ATM access – all from your OakNorth dashboard. 

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27 hours 23 minutes to open – I’ve opened many bank accounts with many providers and this is a clear record – it’s like the 100 meters vs. a marathon!
Jeremy Gledhill, CFO at Honey
It took about as much time to set up the OakNorth account, as it does to order something off Prime…I’m usually difficult to impress – but I genuinely was surprised at how easy it was.
Richard Pearce, Co-Founder, Verto
I have been so impressed by the speed and transparency with which OakNorth operates. If the major clearing banks want to learn about how to genuinely do things differently, they should be looking at OakNorth.
Surinder Arora, Co-Founder and Chairman of Arora Group
The experience with OakNorth was genuinely delightful – fast, flexible, and focused. They may not be the cheapest lender in the market, but the quality of the experience makes the extra cost well worth it.
Paul Crookes and Dave Walker, Founders of CWC
We found OakNorth to be dynamic and entrepreneurial, but with an appreciation for rich insight and considerate decision-making.
Sophie Lawler, CEO of Total Fitness
OakNorth are utterly unique in their approach and have been a dream to work with – they are the only lender I’d recommend for entrepreneurs in high growth.
Matthew Mills, CEO of Deliciously Ella
We were up and running in days - which was impressive in itself - but what really stood out was how effortlessly OakNorth handled our multiple businesses and how seamless the payments experience was. Our Business Banking Partner felt like an extension of our team: proactive, commercially savvy, and genuinely invested in our growth.
Hayden Daniel Glynn, CFO at Charles Alexander Finance Limited
As a VC-backed, tech-led company committed to driving sustainable change, we wanted a banking partner that shared our forward-thinking mindset. OakNorth stood out for its modern platform, quick onboarding, and a genuinely digital-first approach to business banking. It’s rare to find a bank that understands the needs of high-growth, impact-driven businesses — but OakNorth gets it.
Orla Sheilds, CEO, Kamma
OakNorth has been instrumental in supporting our growing ecosystem of climate tech innovators by offering best-in-class business banking services. Their focus on sustainability and tailored solutions is helping our companies thrive and scale.
George Garnett, Senior Venture Associate, Sustainable Ventures

Banking so simple you can do it in your sleep

Business current account

  • Apply in the app in under 10 minutes
  • Open an account in days, not weeks or months
  • Access your account easily: via the app or web banking
  • No monthly account fees†
  • A Business Partner who is only a call or email away
  • Open accounts for multiple businesses, or open multiple accounts for the same business in just a few clicks (at no cost!)
  • Add your entire team to your account and set roles and permissions for each user
  • Pay up to 250 recipients at once with seamless bulk payments
  • Set up payment approvals to mirror your usual workflow
  • Sync your transactions directly to Xero and Sage (more integrations coming soon)

Business savings

30 and 95-day notice  

  • For businesses with larger amounts of idle cash, earn up to 3.50% AER variable****
  • Tiered interest rates – the more cash you save, the higher your interest rate
  • 30 and 95-day notice to withdraw funds
  • Open and manage your Notice account directly via the OakNorth web platform or app.
  • Learn more here

Easy access  

  • Next day savings with 2.35% AER interest ‡  
  • Get access instantly when you open a business current account 
  • Move funds easily via app or web, between your current and savings account 
  • Available to all current account customers. No action needed – your savings vault opens automatically

Visa business debit card

  • Free business debit cards for you and your team
  • Manage all your business cards in one place and easily deactivate any with a single click 
  • Easily keep track of spending in-app or via web banking
  • Add your card to Google Pay and pay from your phone or watch

Managing your money and business

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Become an OakNorth business banking customer

You can apply for a business banking account with us if:

  • Your company has a turnover of over £1 million or you want to deposit a minimum of £50k
  • In case of a property company, your company has assets of over £1 million
  • You are a Director at any one of the following company types: Limited Company, Private Unlimited company, PLC, LLP, Overseas Company or certain types of Private Limited companies
  • Your company is registered in the UK with Companies House
  • Your company has an active status on Companies House
  • You are aged 18 years or over

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By submitting this form you are applying for OakNorth Business Banking and agree to us processing your data as described in our Privacy Notice and Cookie Policy.

Notes

† No account fees as of 4th July 2024 but subject to change. ‡ Variable rate correct as of 18th December 2025. ****Rate correct as of 18th December 2025. The interest rate for this account is variable and will track the Bank of England Base rate plus or minus a fixed spread (this is the rate that we add or subtract from the Bank of England Base rate). When applying, you will have full clarity on the interest rate (which will include the Bank of England Base rate and the spread). So, if the Bank of England Base rate goes up, your rate will go up; and if the rate comes down, your rate will follow. The interest rate on your account will be updated on the same day to reflect the change made to the Bank of England Base rate. Interest is paid on your whole balance once it exceeds £100,000. Balances of £99,999 and under do not earn interest. Read the Terms and Conditions here.

You understand and acknowledge that the business current account and the mobile app are being provided on an “as is” basis without warranty of any kind.  Whilst we will constantly endeavor to improve our product(s), we cannot guarantee that they are free from lags, bugs or a slower than intended response time. Your and our liability in relation to the product is covered in full within the Terms and Conditions. Any communication by an OakNorth business partner is merely a statement of facts and not a recommendation or advice of any kind including with respect to any financial projections, estimates or forecasts related to any product being offered. You are requested to rely on your own analysis before investing/purchasing.  

This Visa card is issued by Transact Payments Limited. Transact Payments Limited is authorised and regulated by the Gibraltar Financial Services Commission. Visa is a trademark owned by Visa International Service Association and used under license. 

OakNorth Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Financial Services Register number: 629564. The Financial Services Register can be accessed at www.fca.org.uk/register. Registered Office: 57 Broadwick Street, London W1F 9QS, Registered in England No. 08595042. 

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