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Cardone banking business bank account

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We have partnered with Cardone Banking to help you get your business bank account without visiting the branch and without any credit checks. This facility is particular useful for directors with poor credit score and who find it difficult to open business accounts with popular high street banks. A Cardonebanking business account is a business current account designed specifically for small businesses.

Cardone Banking is an independent, FCA authorised company that has been providing current accounts and payment services since 2007. They are experts in providing accessible but highly functional current accounts not only for personal account customers, but for small businesses as well.

With no credit checks, no branch visits or signatures required, Cardone open accounts more quickly and with less fuss than the high street banks. They have opened 80,000 accounts and processed over £3 billion of customer's money.

  • No branch visits required
  • Most accounts opened within 3 hours
  • Simple, easy, secure account access
  • No credit checks
  • UK call centre
  • Pay your bills, invoices and wages. Be in control of your money
  • No bounced payment fees or overdraft fees

UK registered business only. Primary account holder must be at least 18 years of age. Business owner/UK residents only. When you choose this option during your checkout, Cardone’s team will contact you to discuss your options and setup your account on a fast-track.

About Cardone banking

Our directors have over 40 combined years of knowledge at some of the world's leading financial institutions including Morgan Stanley, MBNA and Bank of Scotland. This knowledge has allowed them to produce a secure, easy to use product packed full of features - just what you're looking for in your current account.

Regulation

CardOneBanking is a trading style of Spectrum Card Services Limited (Registered in England and Wales No. 6052256) which is a registered agent of Spectrum Payment Services Limited (Registered in England and Wales No. 6268340). Spectrum Payment Services Ltd is authorised by the Financial Conduct Authority under the Payment Service Regulations 2009 No. 504547 for the provision of payment services.

You can access your account online 24/7/365 using our state-of-the-art online banking facility. It's fast and secure and gives you the ability to manage your finances whenever you like.

Our account works like this

  1. Money is paid into your account - goes to billing Jam Jar
  2. Pay bills, authorise and amend direct debits, set up standing orders from this Jam Jar
  3. Move money from this to the 'spends' Jam Jar which is the card - This can be automated.

Our opinion is that no one should be pre-judged when it comes to business banking. We certainly won't turn you away due to any aspect of you or your business financial history, unless your business is entering into an 'Insolvency Event'. We understand that managing a business is challenging and that's where we can help.

Pay in at a bank

We've teamed up with a leading high street bank to allow you to pay in cash and cheques at any of their branches. All you have to do is take your cash and cheques to your nearest Barclays branch and pay in using your pre-printed GIRO. Rest assured your money is held securely*** at Barclays Bank. Any money loaded on to the CardOneBanking Corporate MasterCard® card will be held by Wirecard Card Solutions Ltd.

Pay in at a post office

You can also pay in cash only at the Post Office, using only the GIRO slips provided by us. Please contact Customer Services if you need to order a book of GIRO slips.

Our current account is specifically designed for online access and bill payment activity. Cash and cheques paid in at Barclays branches take 8 working days to clear. If you tell us that you've paid with cash, we can usually clear it within 3 days. Unfortunately, if your business generates a lot of cash and cheques this account is probably not for you.

Account manager

You can talk directly to your experienced account manager, they are available to give you sound advice on your current account. They'll help take the stress out of managing those monthly bills. Simply tell your advisor what needs to be paid and they'll do the rest. They'll set up all the necessary standing orders and regular payments from your account and help you manage your direct debits to ensure you'll never incur any more costly overdraft or "bounced"† or unpaid referral fees.

Managing your spending

After all of your bills are taken care of, the remaining balance can be moved to your CardOneBanking Corporate MasterCard®. This process can be automated once the account is set up. You will be able to manage these rules yourself to match your requirements. We will help you with this when you call to activate the account.

The CardOneBanking MasterCard® works in a similar way to a pay-as-you-go mobile phone top-up cardbut has some of the convenience of a debit card. You can only spend what is loaded on to the card. Your business revenue can be paid into your billing account. Your account manager will set aside the money needed in this account for your regular bills and payments. You can choose to transfer any remaining balance onto your CardOneBankingcorporate MasterCard® which you can use to shop or withdraw money.

You can choose this option during your company formation checkout process. Cardone’s team will then contact you through your phone or email to discuss your options and setup your account on a fast-track.

Prefer a personal manager to register your company on your behalf?

Worried about making mistakes? Not comfortable doing it yourself? We offer UK company formation service with a dedicated personal manager. Your personal manager will collect the details from you via email and register your new company the correct way. Please fill in your details and we will contact you.

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Mint Formations Limited

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17 King Edwards Road

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HA4 7AE

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Email: support@mintformations.co.uk