Coconut is the current account that takes care of your accounting and tax, designed for freelancers, self-employed people and small business owners.

Opening an account takes about 5 minutes from your phone. You get a card through the post, and then use it for all your business expenses and income.

  • You get a UK current account with account number and sort code 
  • A Mastercard debit card
  • It automatically categorises your income and expenses 
  • Helps you be prepared for your tax return (sole traders).
  • It estimates your tax bill based as you go, helping you to know how much you need to set aside (sole traders).
  • Keep all your records in one place.
  • Make bank transfers 
  • Direct Debits 
  • Block and unblock your card
  • View your PIN in the app anytime
  • Get help when you need it from our Customer Support team.

Coconut is available on iPhone and Android for sole traders and limited companies.

For more details on our future plans, check out our Roadmap.

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