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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:

Best of the best

Amazing from day one. Always there to help. Love how easy the app is. No problems at all. Even happy to invest in the company. Love their events and webinars. Good people. Wouldn't have my business accounts with anyone else. Reviewed on: 19th January 2021

Best App for Self Employed Tax reporting

Recommend for self employed tax reporting. As an Accountant, I think this is a great app that will change a lot in the accountancy and Tax industry. Reviewed on: 10th January 2019

Does the right things right

They seem to understand what freelancers in this day and age actually need and give it to us in a simple way. When the invoicing feature arrives it will be the cherry on top Reviewed on: 10th January 2019

Handy, straight forward app

This app is very handy, with being able to organise what payments fit into specific categories. It’s straight forward, and is constantly developing to become a better, and stronger app. Reviewed on: 10th January 2019

So easy to set up and use

It’s been just fantastic using it for my new business. Everything has been easy; set up, ongoing usage via the app and the tax breakdowns are great. I love the automatic notifications when money is taken out. Coconut Makes it easy to keep on top of your business finances. Looking forward to the developments too. Reviewed on: 10th January 2019

Great business account

This is a great bank. No hassle if you want to ask a question, they are right there to help. It is easy to set up and the app is easy to use too. I love it! Reviewed on: 10th January 2019

A really useful application

Great looking debit card which is really simple and easy to use - clear and concise - can see where you are with your money at a glance. Reviewed on: 10th January 2019

Useful bank

Very simple to use, easy to manage the account, and clear overview of the spending and income. Reviewed on: 10th January 2019

SOLVE A PROBLEM

This is an amazing account and bank. They’ve solved a real problem in how sole traders and freelancers track their tax. Excellent! Reviewed on: 10th January 2019

So far so good.

Quite efficient to identify each category of spending, I quite like it. Reviewed on: 10th January 2019

Simply the Best!

Moving my business banking to Coconut was the best decision I've made about my banking in over 40 years. An absolute no brainer for freelancers and the self employed Reviewed on: 10th January 2019