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Darren Tyler

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Review of the Zempler Bank (formerly Cashplus), Business account:

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Expensive, adds no real value

I found the bank to be expensive, and really not an option for a business trying to grow. Each card has a yearly cost, on top of that if you do use any of your agreed overdraft, even just £40 of it you get a monthly charge as well. If you are late by just 2 days to pay £5 (yes I forgot £5) then straight away it’s noted on your credit report as a missed payment, which can have an effect on your credit rating. Lastly it’s easy to open an account, but not so easy to close an account, even when you are no longer using it. Wish someone had warned me how bad this bank is. I would highly recommend Starling Bank for your business or personal banking needs. Reviewed on: 11th February 2022

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