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Coconut: Business Bank Account reviews

4.85
Based on 209 reviews, last reviewed 15th Feb 2023
No new 5 star reviews
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No new 1 star reviews
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2%

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!

Coconut Business Bank Account reviews (209)

Review of the Coconut, Business Bank Account:

At my hart

5
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

Superb

5
It’s easy, it’s beautiful, it’s so helpful! Thank you! Reviewed on: 10th January 2019

So helpful

5
Easy to work or tax and sort invoices Reviewed on: 10th January 2019

Best bank I've seen for small business

5
Coconut provides a fantastic banking service for small businesses like mine. I've banked with high street banks for small businesses in the past and Coconut is leagues ahead of them. No monthly charges, notifications to your phone when payments go out or come in and every transaction has it's own category and helpfully marked with a relevant icon. This is definitely the way small business banking should go. Reviewed on: 10th January 2019

Game changing product

5
Coconut is an incredibly intuitive and well executed product combining services that should have been offered as a package years ago. Reviewed on: 10th January 2019

Forward thinking internet business banking

5
Innovative new business banking -I’m self employed and have historically struggled with keeping track of my income and expenditure. I’ve tried numerous apps and systems. Coconut has changed that. Cost effective business banking that provides a a simple to use invoiceinb feature and receipt capture meaning I no longer have to struggle with keeping track of my finances. But most of all, the support they provide has been amazing. Incredibly responsive to any query and are open to taking on feedback and suggestions in real time to help improve features. I’m really excited about where this bank is heading and please to be an account holder. Reviewed on: 10th January 2019

Wonderful bank service

5
Thrilled to switch my bank to Coconut. Superb customer service! Reviewed on: 10th January 2019

Innovative banking .

5
Found this bank after searching for a while and it looked so easy to use and as it turns out it is . Ideal for self employed/sole traders. Customer service excellent and very friendly which is so refreshing in this day and age after my recent interactions with main stream banks . Keep it up , I actually feel part of something new . Reviewed on: 10th January 2019

The best small business account!

5
Unique business banking for the small business, accounting as you go, Customer service second to none! Reviewed on: 10th January 2019

Best way to organise your finance

5
It’s just so easy to keep yourself on track and organise your self-employment income. It gives you all the tools you need to separate expenses, justified them etc etc. I can imagine how easy is going to be my next tax return. You can literally manage the admin side of the company just by using this app. As soon as I started using it found such user-friendly interface that I changed all my income and direct debits to Coconut Reviewed on: 10th January 2019

Easy-peasy

5
Efficient, simple to use and great customer service. Reviewed on: 10th January 2019
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