Zempler Bank review
Zempler is the account to pick when a credit check is the thing standing in your way: it opens business accounts with no credit check at all, and unlike almost every alternative in that niche, it is a licensed bank with FSCS protection up to £120,000. Business Go costs nothing monthly with 3 free outbound transactions, and the £9 Business Extra plan adds CreditBuilder, which reports your payments to the credit agencies for a year to rebuild your file.
| Monthly fee | Business Go has no monthly fee: 3 free outbound transactions a month, then 35p each. Business Extra is £9 a month and includes CreditBuilder; Pro is £19. |
| Protection | Licensed UK bank (formerly Cashplus). Eligible deposits protected up to £120,000 by the FSCS. |
| Cash deposits | Deposit cash at the Post Office for 0.55% of the amount, minimum £4. ATM withdrawals cost £2. |
| Invoicing | Digital invoice creation included |
| Accounting | Integrated accounting feed and Making Tax Digital support |
| Who can open it | Sole traders and limited companies. No credit check on account opening, so a thin or bruised credit file does not block you. |
Why thin-file businesses end up here
Zempler, the bank that used to be Cashplus, decides on identity and residency rather than credit history, so a discharged bankruptcy, a CCJ or simply a brand-new company does not block the application. Most accounts open the same day.
It then gives you a route back: CreditBuilder on the £9 Business Extra plan reports twelve months of on-time payments to the credit reference agencies, and its business credit card (currently by invitation, 29.9% representative APR) extends the same idea.
The metering to watch
Business Go is free monthly but charges 35p per outbound transaction after the first 3 each month. A business making 40 payments a month would pay about £13, more than Monzo Pro. Do that arithmetic before choosing it as a busy main account.
Cash deposits at the Post Office cost 0.55% with a £4 minimum, the best percentage rate among app-based accounts, and ATM withdrawals are £2.
The ledger, balanced
In credit
- No credit check to open, decisions in hours
- Licensed bank: FSCS protection up to £120,000
- CreditBuilder rebuilds a damaged business credit file
- Cheapest cash deposits of the app banks (0.55%)
In debit
- 35p per transaction after 3 free each month on the free plan
- £2 ATM withdrawals
- Credit card is invitation-only
Questions people actually ask
Does Zempler credit check business account applications?
No. Zempler opens business accounts with identity and residency checks only. Applying does not leave a hard search on your credit file.
Is Zempler a real bank?
Yes. Zempler Bank holds a full UK banking licence, so eligible deposits are FSCS-protected up to £120,000. It rebranded from Cashplus in 2024.
What does the free Zempler plan cost in practice?
Business Go has no monthly fee and includes 3 free outbound transactions a month; each one after that costs 35p. Cash deposits cost 0.55% (minimum £4) and ATM withdrawals £2.
Verified 3 Jul 2026 against zemplerbank.com pricing and independent 2026 reviews. Confirm details with the provider before applying. We may earn a commission through links on this page.