Coconut
Coconut is a UK business current account designed for sole traders, freelancers, and landlords. It stands out by auto-ca
👤 Best for: UK sole traders, freelancers, and landlords who want automatic tax savings on ev
💬 Verdict
Coconut is a solid choice for UK sole traders and landlords who want a free, straightforward account that eliminates tax
🔍 Independently researched ·
📊 Data-driven comparisons
🆓 Free Tier
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Coconut
Free plan available — no credit card required
📊 Pros & Cons
Pros
- 👍 Auto-calculates tax on every transaction, taking the guesswo
- 👍 A genuinely free tier with no monthly maintenance fee, makin
Cons
- 👎 Not a traditional bank — it's an e-money account, so balance
- 👎 Only designed for sole traders, freelancers, and landlords;
