On 10th March we updated our price plans for new customers.

Our goal is to simplify the decision for customers when deciding on subscribing to Coconut, but also to make our product simpler so that our development team can move faster and ship features to customers more quickly.

Note this change applies to customers that joined Coconut after 1 January 2021 (customers that joined prior to that who have a discontinued current account product we used to offer will stay on their existing plans).

Old plans:

  • Side Hustle Plan, £3.60 pm inc vat

  • Professional Plan, £12 pm inc vat

New plan:

  • Monthly Plan, £7.50 pm inc vat

This new plan includes all Coconut features. For more details check out our pricing page.

If you joined Coconut after 1 January 2021 we’ll be in touch to explain how this impacts you:

  1. Professional Plan customers will be moved to the Monthly Plan at your next bill date.

  2. Side Hustle Plan customers will be moved to the Monthly Plan at your next bill date, but the Side Hustle price will apply for the next 12 months.

  3. If your accountant pays for your Subscription you’ll be moved to the Monthly Plan once we’ve spoken to your accountant about the change.

If you have any questions please get in touch with our support team through the app or at [email protected].

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