New account, no hassle
You can open a Coconut current account in a few minutes from the app. You just need your passport or driving license. Once you're approved, you're ready to do business.
Banking and accounting,
in a nutshell.
The current account that takes care of your accounting and tax. Designed for freelancers, self-employed people and small business owners.
Sign up
Working for yourself creates some unique challenges when it comes to money. Coconut makes it easy by estimating your tax and sorting your expenses, freeing you up to do more of the work you love.
See how much tax you owe
As you use your Coconut account, we estimate how much tax to save. You'll never get to the end of the year and have an unexpected bill.
Expenses that do themselves
Coconut automatically categorises your transactions as you spend so you save as much money on your tax bill as possible. And you'll get an instant expense notification reminding you to snap the receipt.
Instantly know when you get paid
Coconut tells you as soon as a payment has been made or received so you can stay on top of late invoices.
Open an account
Available now for sole traders on iPhone and Android.
Limited companies coming soon.
All from your phone
Manage your account from your mobile, anytime, anywhere:
- Full UK account number and sort code
- Send and receive payments
- Direct debits
- Mastercard® debit card
- Block and unblock your card instantly
- View your PIN
- Order replacement cards
- Chat to our support team
Pricing
Our pricing is simple and transparent, with no hidden fees.
Start BETA
£0 / month
- Full UK current account
- Mastercard debit card
- Expense tracking
- Tax estimate
- Available for sole traders on iPhone and Android
Grow
£4.95 / month
Start account plus:
- Invoicing
- VAT Management
- Share with your accountant
- 20 bank transfers per month
