Countingup
Countingup is a financial service provider offering a business current account with integrated accounting software, catering to sole traders and freelancers in the UK.
Business Current Account Features
Countingup offers a business current account designed for sole traders, freelancers, and self-employed individuals. The account is integrated with built-in accounting software that simplifies financial management. Features include the creation and sending of unlimited professional invoices at no extra charge and access to real-time business insights, such as profit and loss reports, tax estimates, and unpaid invoices. The account can be opened quickly with a valid UK mobile number.
Free Trial and Subscription Plans
Countingup provides a three-month trial period with no subscription fees, allowing users to experience the service without an initial financial commitment. After the trial, subscription fees are based on total monthly deposits, starting at £3 per month for deposits up to £750. This tiered subscription model ensures that users only pay for what they need, making it a cost-effective solution for small business owners.
Trust and Backing
Countingup is trusted by over 50,000 sole traders and UK limited companies. The platform is backed by prominent financial institutions, including ING and Sage, enhancing its credibility and reliability. This backing provides users with confidence in the security and stability of Countingup's financial services.
Mobile App Accessibility
Countingup's mobile app is available for download on both the App Store and Google Play, allowing users to manage their finances on the go. The mobile app provides all the features of the business current account, including real-time business insights and the ability to send professional invoices. This accessibility ensures that users can handle their accounting needs anytime, anywhere.
Transaction Fees and Costs
Countingup charges transaction fees for various services including account transfers, direct debits, foreign transactions, and ATM withdrawals. These fees are part of the overall cost structure and are designed to be competitive within the market. Users are advised to review these fees to understand the full scope of costs associated with their transactions.