NatWest business account: fees, features and catches
Important: This guide provides general information, not personalised financial advice. Financial products, rates and eligibility rules can change, so check the provider’s current terms before applying. You can check a firm’s details on the FCA Register.
Quick answer
NatWest offered two years of free everyday business banking when you switch using the full Current Account Switch Service (turnover up to £2 million), as of 3 October 2026. FreeAgent accounting software is free with a NatWest business current account.
NatWest Group also runs Mettle, a free app-based account (optional Mettle+ at £4 a month).
Who it’s for
- Established businesses switching from another bank
- Businesses that will use FreeAgent
- Owners wanting branch access
Who should skip it
These are general points to weigh up, not advice. You may want to look elsewhere if:
- You aren’t switching — the two-year offer is for full CASS switchers
- Your turnover is over £2 million
Fees and offers
| Item | Detail |
|---|---|
| Switching offer | 2 years’ free everyday banking via full CASS (turnover up to £2m) |
| Accounting software | FreeAgent free with a business current account |
| App-only alternative | Mettle: no monthly fee; Mettle+ £4 a month; up to two owners |
| Branch access | Yes |
Figures as of 3 October 2026, from NatWest’s business website.
The catch
After the free period, NatWest’s standard tariff applies. Check what you’d pay on your usual transactions.
Check NatWest’s business account terms.
These go straight to each provider’s own website. They aren’t referral links and we don’t earn from them.
FAQs
What is Mettle?
Mettle is NatWest’s app-based business account for sole traders and limited companies with up to two owners. It had no monthly fee as of 3 October 2026.
Is a NatWest business account FSCS protected?
NatWest is a UK-authorised bank. Eligible deposits with a UK-authorised bank are protected by the FSCS up to £120,000 per person, per banking licence (source: FSCS).
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