Independent BankAdvisor review
Zempler Bank Overview
Zempler Bank, formerly Cashplus Bank, is a UK digital bank focused mainly on business banking for sole traders, freelancers, startups, and small businesses. Its Business Go, Business Extra, and Business Pro accounts offer transparent tiered pricing, FSCS protection, Post Office cash deposits…
Quick facts
FSCS protection
Protected up to £120,000
Trustpilot rating
4.5 / 5
Monthly fee
£0-£19pm
Account type
Digital bank
Account summary
Key features
| FSCS Protection | Yes — eligible deposits are protected by the Financial Services Compensation Scheme up to £120,000 per depositor |
| Monthly Fee | £0 (Business Go), £9 (Business Extra), £19 (Business Pro) |
| Business Accounts | Yes — Business Go, Business Extra and Business Pro accounts for sole traders, freelancers, startups and small businesses |
| Cashback Rewards | Business Extra: up to 0.5% on card spend. Business Pro: up to 1% on card spend. Limits apply |
| Saving Pots | Business Pro includes 0.75% interest-earning saving pots, subject to limits |
| Free Payments/Transfers | Business Go: 3 free outgoing payments/transfers per month, then 35p each. Business Extra: 20 free. Business Pro: unlimited |
| Cash Deposits | Cash can be paid in at Post Offices. Zempler lists a 0.55% fee with a £4 minimum charge |
| Accounting Integrations | Connect with accounting software such as Xero, QuickBooks and Sage |
| Invoicing & Receipts | Digital invoice creation and digital receipt capture are included across the business account range |
| Cashflow Tools | Cashflow tracking, set-aside pots and Making Tax Digital tools are available |
| Support | UK-based telephone support is available on all tiers. In-app messaging is available on Business Extra and Business Pro |
| Overdraft | Available by invitation, subject to eligibility |
| Credit Products | Business credit tools and cards may be available to eligible customers |
| International Payments | Send and receive international payments, with fees and availability depending on the transaction |
Zempler Bank at a glance
- Zempler, formerly Cashplus, is a business bank rather than a personal one, aimed at sole traders, freelancers and small companies. It holds a banking licence, so deposits carry FSCS protection — worth noting in a category where several competitors are payment platforms whose customer money is safeguarded instead.
- Its most useful feature is an unglamorous one: cash can be paid in at the Post Office. For a trade or retail business handling notes and coins, that single capability tends to decide the choice more than any app feature does.
Zempler Bank services
Business current accounts across three tiers, with debit cards, online and mobile banking, transaction alerts, fraud monitoring and card freeze controls. Accounting integrations cover Xero, QuickBooks and Sage, alongside invoicing, receipt capture, cashflow tracking, set-aside pots and Making Tax Digital tools.
Cashback, interest-earning pots, dedicated telephone management and larger free payment allowances belong to the paid tiers, so the free account is a starting point rather than the product. Overdrafts and credit tools are by invitation and subject to eligibility.
May suit
- OKFree Business Go account available
- OKTransparent tiered pricing structure
- OKFSCS protection up to £120,000
- OKCashback rewards available on paid plans
- OKBusiness Pro includes 0.75% interest-earning saving pots
- OKBusiness Pro includes unlimited free outgoing payments and transfers
May not suit
- !Best features require Business Extra or Business Pro
- !Business Go only includes 3 free outgoing payments/transfers per month
- !Cash deposits incur a fee
- !Business Pro is the only tier with interest-earning saving pots
- !No physical branch network
- !Less suited to larger businesses with complex banking needs
Our Assessment of Zempler Bank
We like Zempler because it gives small businesses a clear, predictable way to choose a business account. Business Go keeps costs low for very small or occasional users, while Business Extra and Business Pro add useful extras such as cashback, more included payments, in-app messaging, and stronger account management features. Zempler is especially useful for sole traders and micro-businesses that want FSCS protection, Post Office cash deposits, UK-based telephone support, and practical business tools such as accounting integrations, invoicing, receipt capture and cashflow tracking.
Continue Reading
Continue with the Complete Zempler Bank Review
You've read the summary. Our Complete Review examines the account in much greater detail, helping you understand how it performs in everyday banking before you decide.
- Detailed feature analysis
- Fees and charges explained
- Everyday banking experience
- Account strengths and limitations
- Protection and eligibility
- Comparison with similar UK banks
How Zempler Bank compares
Compared with digital business accounts such as Starling, Tide and Revolut Business, Zempler stands out for its clear tiered pricing, Post Office cash deposit access, UK-based telephone support, cashback on paid tiers and practical small-business tools. Starling may suit businesses wanting a broader free account with strong app functionality, Tide may appeal to users wanting a larger business services ecosystem, and Revolut Business may be stronger for international and multi-currency use. Zempler is strongest for sole traders, freelancers, startups and micro-businesses that want predictable pricing, FSCS protection and straightforward business banking tools.
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Financial Information Disclaimer
The information on this website is provided for general guidance only and may not always reflect the latest fees, rates, or terms offered by each bank. While we do our best to keep content accurate and up-to-date, you should always check the bank's official website or app before applying for an account. Nothing on this site constitutes financial advice.
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