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Coconut: Business Bank Account reviews

4.85
Based on 209 reviews, last reviewed 15th Feb 2023
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Latest highest rating:

5

No longer s bank account but great for accounting The best customer service experience, fast, friendly and knowledgeable Reviewed on: 15th February 2023
Adam De-Ste-Croix's avatar
Adam De-Ste-Croix

Latest lowest rating:

1

Coconut refused to pay for their mistake! Coconut failed to close my account for months which means my money was "frozen" there as they restricted my access. They even charged me transaction f... Read more Reviewed on: 10th September 2021
Pat Lok Theo IP's avatar
Pat Lok Theo IP

About this product

Want to read reviews of the new “bank account for freelancers” Coconut? See what other freelancers have said on Smart Money People - whether it was the usefulness of the app, the availability of funds, or anything else to do with day-to-day use of Coconut. Already used this this innovative account? Share a review on Smart Money People to help other freelancers!

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Coconut Business Bank Account reviews (209)

Great Bank for Business

5
This is a great Account which takes away the monthly burden of filling & completing returns rather give you the freedom to do other things to make your business grow! Reviewed on: 30th November 2018

Coconuts doing something that's genuinely better

5
A simple and useful app that makes running your business so much more simpler. A great new alternative for when you get fed up of your current business account (which you will!) Fantastic support and involvement from Coconuts team, and a brilliant community supporting their vision. Reviewed on: 30th November 2018

Excellent - provides the best service

5
Not been customer long but coconut bank has met every expectation I had and continues to impress. Reviewed on: 30th November 2018

Excellent for contractors

5
Excellent for contractors and some traders. Reviewed on: 30th November 2018

Makes my life easier

5
Since using Coconut I have enjoyed how it has made my professional life easier where my finances are concerned. Understanding what I'm spending and how often I am spending helped me predict and optimise my finances. The categorisation options have also educated me. Honestly, I could see myself using any other company for my business banking and accounting. Reviewed on: 30th November 2018

Smart an easy solution for tax payers

5
Saving lots of money on tax advisors Reviewed on: 30th November 2018

It's easy to open

5
Coconut is easy to open and easy to handle. Reviewed on: 30th November 2018

Very good customer support, great product

5
really good product, brilliant idea and well executed! Reviewed on: 30th November 2018

Imaginative, Innovative and Indispensable!

5
Coconut is extraordinary in so many ways. Firstly, though, in trailblazing a truly new product in a crowded fintech field. And it works, it truly works... as the gig economy matures and more entrepreneurs and personal businesses emerge, Coconut will become the go-to app, the bank of choice. It simply frees you up to do what you're in business for. Amazing. Reviewed on: 30th November 2018

Meeting a long time unmet need

5
I have been super impressed by the quality of delivery of the coconut app. It is a huge hassle having to deal with tax and business expenses and this makes the whole exercise a lot faster and slicker. I am equally super impressed by the eloquence of the founder and customer team. They have a clear vision and a pragmatic pathway to achieve that vision. I have many reasons to believe they will go from strength to strength and I'm happy to be on the journey. Reviewed on: 30th November 2018

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