Coconut reviews | 197 reviews rated 4.91* - Smart Money People

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Ratings based on 197 reviews Last review 1 month ago

4.91 / 5Amazing overall rating

Coconut is the first current account in the UK to automate the tax return for self-employed people and small business owners. Their current account and mobile app is designed to take care of your accounting and tax. Coconut automatically tells...

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Coconut is the first current account in the UK to automate the tax return for self-employed people and small business owners. Their current account and mobile app is designed to take care of your accounting and tax. Coconut automatically tells customers which transactions are tax deductible, provides guidance about the tax rules, forecasts your tax bill and fills out your tax return automatically. They’re on a mission to free millions of people worldwide from business admin by combining everything you need to run a business in one simple product. Smart Money People is the place for Coconut banking reviews. Please leave your feedback below to help others find out more about this company.

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Your Coconut Reviews (197)

30th April 2019

Avoid or lose your money!

This bank is a scam! Blocked your account with your money inside and ignores your messages !

Ahmed KhanLevel 1

(0)

31st January 2019

Accounts & Finance Made Easy

Coconut and their service made running my business so much easier. The service is intuitive and simple; I can't see me using any other account in the future.

BathgateBairn84Level 1

(0)

29th January 2019

Incredible team with an incredible app - tax made easy

I've loved being an early user of Coconut - the service and connectivity with their people is amazing - from super responsive in app chat, to hosted events in their offices. The app itself is superb, providing all the functionality that a freelancer...

I've loved being an early user of Coconut - the service and connectivity with their people is amazing - from super responsive in app chat, to hosted events in their offices. The app itself is superb, providing all the functionality that a freelancer needs to manage their financial and tax affairs. Sharing their roadmap and welcoming suggestions in feedback just rounds off the great experience of being a Coconutter!

Niki RidgeLevel 1

(0)

19th January 2019

Fantastic Concept

Great idea and App. Huge opportunity to assist with business finances.

Joerg BauerleLevel 1

(0)

18th January 2019

... No more tax woes!

Having a tough time working out what this tax kerfuffle is? Coconut is hooking you up with a solid product that combines business banking and account management with a good transaction history and invoicing built in! It even works out how much tax I...

Having a tough time working out what this tax kerfuffle is? Coconut is hooking you up with a solid product that combines business banking and account management with a good transaction history and invoicing built in! It even works out how much tax I have to pay on the fly so no more playing the guessing game!

MarkLevel 1

(0)

18th January 2019

Very useful current account!

Simple to use and very useful. Reasonable pricing and a perfect tool for those who are self-employed. Get rid of that tax headache. Let Coconut do the jo!

Bryn HLevel 1

(0)

18th January 2019

Great app covering a huge business need

Coconut covers a big need for UK businesses

(0)

15th January 2019

Soon to be perfect.

Perfect bank and mobile app for sole traders. Only missing a few things like invoicing and monthly income/expenses but they are working on it, so good enough.

Eva R. MartinLevel 1

(0)

14th January 2019

Best ever

With coconut I’m so happy cause every time I used my card I got flashback on my phone to tell me how much I have used . I went to Belgium and then I used my coconut contactless with no problem, also when I got paid , the money doesn’t take so long to s...

With coconut I’m so happy cause every time I used my card I got flashback on my phone to tell me how much I have used . I went to Belgium and then I used my coconut contactless with no problem, also when I got paid , the money doesn’t take so long to show on my account which is coconut is the best and I won’t hésites to recommande all my friends.

Junior BoziloLevel 1

(0)

13th January 2019

Great new bank

Innovative, helpful, friendly, personal. Amazing new bank account for creatives of the 21st century!

Anna Louise CoxLevel 1

(0)

13th January 2019

Easy to deal

The coconut bank is easy to deal and keep up your spend organize helping on when you need to do your tax rerun

CarinaLevel 1

(0)

13th January 2019

Excellent service

The coconut app is very easy to use, it’s convenient to send and receive invoice payments. Money comes through very quickly. The customer service is 1st class. I have already recommended them other business owners.

Natalie Level 1

(0)

12th January 2019

Innovative, fantastic product

A product that meets an age old need in an easy to use way. Amazing

Declan Heaslewood Level 1

(0)

12th January 2019

Customer service second to none

Running a small company having an intuitive account that takes a lot of the guess work out is a real plus, and the selling point to me. Xero doesn't recognise it but no problem, just upload statements in one of three file formats and job done....

Running a small company having an intuitive account that takes a lot of the guess work out is a real plus, and the selling point to me. Xero doesn't recognise it but no problem, just upload statements in one of three file formats and job done. Fantastic business bank account

Darren K VidlerLevel 1

(0)

12th January 2019

Outstanding product outstanding team

Delivers exactly what its customers need, and the on boarding client experience is second to none.

RobinLevel 1

(0)

12th January 2019

Great to have money in and out in one place

It's just great to have invoicing, payment and expense handling all in the same product, going through the same bank account. The stress reduction alone makes it 10/10. The Coconut team are great at responding to queries too - in the app and via the...

It's just great to have invoicing, payment and expense handling all in the same product, going through the same bank account. The stress reduction alone makes it 10/10. The Coconut team are great at responding to queries too - in the app and via the Facebook group.
For full disclosure, I'm an investor too but that just strengthens how I feel about Coconut even more.

Matthew StaffordLevel 1

(0)

12th January 2019

Coconut: Your bank account, accountant & tax management simply in one single app!

SME struggle with banks overcharging, under-accessed accountants high costs and tax calculations struggles....

SME struggle with banks overcharging, under-accessed accountants high costs and tax calculations struggles.
What if you could focus on your job, while one single app will automatically take care of banking, invoicing, cash flow management, accounting and taxation?
A magic? No, just Coconut "a bank and an accountant in a Coco-nut-shell".

Michael FLevel 1

(0)

11th January 2019

Best Business Account

I have enjoyed using this account and am looking forward to great thing from them in the coming year.

ShabawazawhodoLevel 1

(0)

11th January 2019

Sum up

Very very good customer services and the full banking experience excellent

Ian ChevertonLevel 1

(0)

11th January 2019

Does what is says Fantastic

I have a coconut account and its the best and they are ever so helpful. It's the best product i have ever had does everything for me.

Marie Level 1

(0)

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