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Coconut: Business Bank Account reviews

Name: Business Bank Account
Rating: 4.86 (209 reviews)

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4.85

Based on 209 reviews, last reviewed 15th Feb 2023

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

93%

3 star

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

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

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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!

Coconut Business Bank Account reviews (209)

Review of the Coconut, Business Bank Account:

At my hart

Since day one they strive to grow and to offer grate futures , open banking it’s one of the latest implementation I’m proud to be a customer off Reviewed on: 6th February 2020

Everything you need and more

Coconut was built for freelancers and you can tell. The app has all the features you need if you're freelancing, and the team seems to be working hard on developing even more tools to improve on an already fantastic product. Reviewed on: 23rd November 2018

Clever, clean and champion Coconut

Excellent service and clever to combine accounting and banking for small and sole proprietor. They are champion and committed towards small business. Bravo Reviewed on: 23rd November 2018

Great app with useful features

Had account 2 weeks, no nonsense account opening process. The app has some good features so far. I'm just awaiting the post office and cheque deposit facility and this account will be all i need Reviewed on: 23rd November 2018

Great product I've been waiting for for years.

The Coconut account has made all my finances as a freelancer incredibly simple and easy to manage. Having everything in one place makes managing my business finances a lot easier than using one system for expenses, another for invoicing and cross referencing everything to my (old) bank. Can't recommend it highly enough. Reviewed on: 23rd November 2018

A very user friendly, helpful App.

Their App is really innovative, and very user friendly- even for someone like myself who is not always keen on IT! It’s easy to understand, clear and clean looking too. It always seems to work and I love the way when I’ve used my coconut card I hear a little ting on my phone, and the transaction can be seen immediately in my coconut app. Reviewed on: 23rd November 2018

Great banking for the self-employed

Coconut has a whole host of tools which are actually useful to people who are self-employed and lacking in other bank's offerings. Tax estimations and realtime banking are great tools and work really well. Reviewed on: 23rd November 2018

The Bank Account of choice for any self employed person

Easy to set up. Love the notifications of each payment that goes out telling you your remaining balance. Love the drop down areas that lets you allocate payments to each area in preparation of your tax return. Logical, easy and a no brainer! Reviewed on: 23rd November 2018

Fantastic do Freelancers

5 stars and can’t wait for invoicing feature too! Reviewed on: 23rd November 2018

Innovative and efficient

Coconut is the easiest business bank to set up. Everything is clear and simple to use and the customer service is very responsive. Reviewed on: 23rd November 2018

Excellent, it's more like a family than a bank.

Congratulation, keep up the good work. Reviewed on: 23rd November 2018

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