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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!

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Coconut Business Bank Account reviews (209)

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

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

Game changer!

Using Coconut has not only changed the way I bank but also saved me hours of admin! The app is great and the customer service team are fantastic too. Great product, thanks team Coconut! Reviewed on: 23rd November 2018

great, brilliant

I would happily recommend coconut bank to anyone. Reviewed on: 23rd November 2018

A bank that actually serves its customers!

Coconut is explicitly set up to help me manage my money, as one of the millions of self employed people in the UK. Contrast that with most high street banks whose ‘computer says no’ approach to those of us without regular salaries adds a great deal of stress to the already super-busy lives of freelancers. Coconut also have astonishingly good customer service, continually answering messages out of hours and bending over backwards to help their customers. I’ll never go back to high street banking, with their imperious attitude to managing (and making profit from) what is after all MY money.. Reviewed on: 23rd November 2018

Life changing

Coconut is essential for freelancers. It streamlines expenses and gives you a live tax estimate as the tax year progresses. There are exciting features to come, making Coconut much more than a bank. It vertically integrates features usually covered by separate apps/services straight into your banking app. I recommend to all my freelance friends Reviewed on: 23rd November 2018

Speed Up my Freelancing

Has helped me to separate my personal and freelance expenses and made it easier to ensure I'm getting paid Reviewed on: 23rd November 2018

Super insights

I love having a live feed to how much tax I'm likely to owe at the end of the year Reviewed on: 23rd November 2018

Fantastic banking product for freelancers!

I was recommended Coconut during a discussion in a network of freelancers that I am part of. I have to say - it hasn’t disappointed! Friendly and helpful team, great app - and it takes the hard work out of keeping track of your self-employed finances. Can’t recommend Coconut enough to anyone who’s self-employed. Reviewed on: 23rd November 2018

Makes tracking tax a doddle

The integration of accounting with the business bank itself is a revelation! Helpful and easy to understand tax advice available at the tap of a button lets you see where you are at a glance, making day to day decisions easy and safe. Reviewed on: 23rd November 2018