Amaiz Business Banking
About Amaiz
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How it worksAmaiz offer online and mobile banking, through the web and their app. Their digital business accounts come with helpful built-in invoicing, accounting and, of course, banking-like services. They are a relatively new account provider, having fully launched in 2019.
See our full Amaiz business account review and see how they compare with other online business account providers.
Amaiz pros & cons
Pros of Amaiz
- Free business account available
- Bank whenever with online & mobile banking
- Save money with their Jar sub-accounts
- Free UK bank transfers
- Free accounting advice & bookkeeping features included
Cons of Amaiz
- Not covered by the FSCS
- No overdrafts available
Amaiz business accounts
Amaiz offer multiple online business accounts to small businesses, sole traders and limited companies.
These are the fees for Amaiz' business accounts:
Account name | Amaiz Business | Amaiz Business+ | Amaiz Enterprise |
Onboarding fee | Free | £100 | £250-£1,000 |
Monthly fee | Free | £49 | £99 |
SEPA transfers | 0.25% (£3 min) | 0.40% (£4 min) | 0.50% (£10 min) |
SWIFT transfers | 0.25% (£40 min) | 0.40% (£50 min) | 0.50% (£50 min) |
Card purchases | Free | Free | Free |
ATM withdrawals | Free | Free | Free |
Eligibility
To be eligible for an Amaiz account you must:
- Be a sole trader or limited company
- Be a UK resident (all owners must be UK residents, if applicable)
- Be a UK-based business
- Be 18 or over
- Have a UK phone number
Opening an account
Here's how to open a Amaiz business account:
- Download Amaiz' app from the App Store or Google Play or sign up from their web app
- Complete their digital application - Amaiz will confirm your eligibility
- Verify your ID - you'll need to upload a picture ID and a video of yourself
- Once approved, you can start banking
Amaiz reviews
Amaiz get a great 4-star rating on Trustpilot, from 175 reviews, where 68% rated them 5 stars.
There are no reviews on Google Play as of yet and there are only two ratings on the App Store, both 5 stars.
Information correct as of 20th January 2025.