Countingup review

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App-based Countingup is a business current account with built-in accounting software. It’s designed to let small business customers pay their bills, issue invoices and do their accounting all from the same app.

What is Countingup?

Having launched in January 2018 for freelancers and sole traders, the business account is now also available for limited companies. Countingup says it reached 8,000 customers during its first year, and that it’s now used by over 100,000 businesses.

Countingup isn’t a bank, but since August 2026, its business accounts are provided in partnership with licensed banking infrastructure providers like Griffin.

How does Countingup work and what are its features?

Signing up to Countingup takes a matter of minutes. If you are 18 or over, have a business registered in the UK and are a UK resident, these are the features Countingup offers you:

• Business current account. You can send and receive money transfers, make payments and set up direct debits.
• Prepaid card. It’s a contactless Mastercard, so you’ll be able to pay pretty much everywhere.
• App. That’s where you manage your account and where you’ll find all the accounting features, including automated bookkeeping and invoicing. For now, you can’t do it from a desktop.
• Invoicing. You can create invoices and, once paid, Countingup will automatically match them to the corresponding transaction (provided that the invoice number is referenced and the amount is the same).
• Expense capture. You can add a picture to each of your payments in the app, with the idea of attaching photos of your receipts for future reference.
• Tax calculations. Work out your tax bill and how much you should set aside to pay it.
• Profit and loss. Instantly see how your business is performing, based on income and outgoings from the account.
• Share with your accountant. Invite your own accountant to digitally view receipts and statements.

Countingup fees

There are three tiers of monthly membership for a Countingup account:

• £5 a month. Tier one for people who pay in under £750 a month.
• £12 a month. Tier two is for businesses with deposits of between £750 and £7,500 a month.
• £20 a month. Tier three is for accounts with incoming funds of more than £7,500 a month.

Those prices are not all-inclusive. All tiers are also charged the same fees for most account services including:

• Bank transfers. 3 free per month, then 27p each, both to make and to receive them.
• ATM withdrawals. £1 each.
• Cash deposits. 0.5% of the transaction value at the Post Office (min. £2), 3% of the transaction value at PayPoints.
• Currency exchange. The foreign currency transaction fee is 3%.

When signing up to Countingup, you get the first three months for free. That means no monthly subscription fees or bank transfer charges, but all the other transaction fees still apply.

Is Countingup suitable for my business?

Countingup has been created with small and one-person businesses in mind. Its features aren’t tailored for big and complex businesses that employ many people and will be regularly banking tens of thousands of pounds.

Countingup’s main attraction is that it combines accounting with a current account, so you’ll get the most out of the app if you’re planning to use it for both of these things. To enjoy Countingup to its fullest you might be a freelancer or a startup, or a small business that has not established your banking and accounting systems anywhere else yet. Otherwise, you’ll have to be ready for quite a big change in the way you do things, and be prepared to switch over from both your existing business current account and accounting software package.

Is Countingup safe?

Countingup introduced its new Griffin-powered bank accounts in August 2026. These are newer accounts and mean your deposits can enjoy the standard £120,000 protection that comes from the Financial Services Compensation Scheme.

New customers automatically get this protection, while existing customers will be upgraded over time.

Countingup’s older accounts are e-money accounts provided through a company called Prepay Technologies, which is authorised and regulated by the FCA. As an e-money institution, the company must keep your money in a segregated “safeguarding” account – it’s at Barclays, in this case. This means that if the company were to go bankrupt, your deposits couldn’t be used to repay its creditors.

Countingup rates and fees

Discover and compare the fees and features of other business accounts here

What does the Countingup app look like?

What do customers say about Countingup?

73% of customers we surveyed in 2026 would recommend Countingup to a friend.

It's appreciated for its fast, reliable service and exceptionally easy-to-manage platform. Users praise the top-notch customer care and the premium feel of the brand.

However, as a combined business account and accounting app, some users feel the feature set is a bit limited and that the provider could offer significantly more functionality to truly compete with more established business banking platforms.

AI-generated summary from the text of customer reviews on Finder.

Pros and cons of Countingup

Customer service information for Countingup

Our verdict: Is Countingup any good?

Integrated accounting in a business account is obviously a great idea, and one that can save small businesses much time and potentially also quite a lot of money, as they don’t have to pay for separate accounting software. However, if you are a freelancer or run a very small business you may not need the accounting facilities Countingup offers.

Countingup’s features are smart and handy, covering off the basics of what you would expect from both a business current account and accounting software.

When it comes to pricing, there are both monthly account fees and banking transaction fees involved. Some of Countingup’s digital banking competitors do have cheaper prices for these aspects of a business account.

However, let’s not forget that there aren’t many accounting and banking app combos around yet, so this is a relatively unique service at the moment.

Get started by visiting Countingup’s website and sign up for an account. If you have read this review and decided that Countingup’s account is not for you, you can also compare other business bank accounts.

Frequently asked questions

• What are the limits of my Countingup account?

  Limited businesses have a £400,000 balance limit, while for those who are self-employed the balance limit is £60,000. All account holders can withdraw a maximum of £500 a day from ATMs.

• Does my Countingup account earn any interest?

  No, it doesn’t. Countingup is a type of prepaid account, so it doesn’t earn any interest nor can you go overdrawn.

• How do I pay money into my Countingup account?

  You can do it via bank transfer or by depositing cash into it. You will pay fees in both cases, but bank transfers are way cheaper and more practical.

• Who owns Countingup?

  Countingup was founded by current CEO Tim Fouracre after he stepped down as CEO of Clear Books plc, which was another accounting solution business he founded in 2008.

Written by

Michelle Stevens

Deputy editor

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Michelle Stevens is a deputy editor at Finder, specialising in banking, credit, loans and mortgages. She has a journalism degree from the University of Sheffield and has been a journalist for 15 years, writing on topics including fintech, payment systems and retail. In her spare time, Michelle likes to travel, explore new foodie experiences and attempt to improve her own culinary skills. See full bio

Michelle's expertise

Michelle has written 69 Finder guides across topics including:

• Banking
• Mortgages
• Credit
• Fintech
• Payments
• Loans