Cashplus Bank review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Cashplus Bank is a business account with a monthly fee of £0 and a currency conversion fee of 0%, so it suits firms paying suppliers and staff abroad. Cash machine withdrawals are the gap: the free allowance is £0.
Key facts
- Best for
- Business accounts that spend abroad and want no monthly charge.
- Monthly fee
- £0↗
- Currency conversion fee
- 0%↗
- Free ATM withdrawals
- £0↗
- Card type
- Debit↗
- Legal entity
- Zempler Bank Limited↗
- Headquarters
- United Kingdom↗
- Founded
- 2005↗
- Support channels
- Phone, Help-centre↗
- Features
- Travel
- Audience
- Business
- Official website
- cashplus.com
Facts checked September 26, 2026, 4 sources
Pros and cons
Pros
- Ranking 1 of 422 brands on monthly fees and 1 of 258 on currency conversion fees, the account sits where cost matters most.
- Card type is debit, so spending comes straight from the account balance.
- Support runs on phone and help centre, so help is available by phone as well as online.
Cons
- The free cash machine allowance is £0, so withdrawals carry a charge from the first one.
- It ranks 44 of 124 brands on free cash machine withdrawals, the one cost where it slips down the table.
- Support runs on phone and help centre only, while 57.4% of ranked brands also take email enquiries.
Who it suits
- Small businesses that pay staff or suppliers in other currencies and keep working money in sterling.
- Firms whose card spending is mostly travel, since travel is a stated feature of the offer.
- Readers who want a debit card with no monthly charge and can manage without free cash machine withdrawals.
Who should look elsewhere
- Wise, if most of your money moves between currencies: its currency conversion fee is 0.1%, against 0% on this account.
- bunq, for readers who want an account priced in euro, with a monthly fee of €0 in euro rather than £0 in sterling.
- Varo Believe Secured Credit Card, if you want a secured credit card instead of a debit card, at a monthly fee of $0.
How it compares on our data
The cost picture is strong at the edges and weaker in the middle. It ranks 1 of 422 brands on monthly fees, and 1 of 258 on currency conversion fees. Cash machines are the exception, where the rank is 44 of 124.
The company behind it
The account runs through Zempler Bank Limited, a company based in the United Kingdom that was founded in 2005. That gives the service a single legal name to look for in the terms you sign. Support runs through phone and help centre, so help comes by phone or from the online help centre.
How Cashplus Bank compares
9.1 vs 9.4
9.1 vs 9.0
9.1 vs 8.9
9.1 vs 9.4
9.1 vs 8.7
9.1 vs 9.2
9.1 vs 9.4
9.1 vs 8.7
9.1 vs 9.3
9.1 vs 8.9
9.1 vs 8.6
9.1 vs 9.2
9.1 vs 8.4
9.1 vs 8.5
9.1 vs 8.8
9.1 vs 9.0
9.1 vs 8.6
9.1 vs 8.3
9.1 vs 9.5
9.1 vs 9.4
9.1 vs 9.4
9.1 vs 9.3
9.1 vs 9.3
9.1 vs 9.3
9.1 vs 9.3
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.1
9.1 vs 9.1
9.1 vs 9.1
9.1 vs 9.1
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 8.9
9.1 vs 8.8
9.1 vs 8.7
9.1 vs 8.5
9.1 vs 8.4
9.1 vs 8.0- 9.1 vs 8.0
Where Cashplus Bank is available
- Available
- United Kingdom
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the account cost each month?+
The monthly fee is £0, so holding it costs nothing in itself. For a business, running costs then come from how the card is used, and the free cash machine allowance is £0, which is where an extra charge can appear.
What does it cost to spend in another currency?+
The currency conversion fee is 0%, so converting money for foreign purchases adds nothing on top of the exchange rate. For a business paying suppliers or staff abroad, that is the figure that matters most, and it is where Wise charges 0.1%.
Can I take cash out without paying?+
The free cash machine allowance is £0, so cash withdrawals are not free on this account. If your business takes money out regularly, that cost adds up faster than a monthly fee would, and it is the area where the account ranks lowest of the brands measured.
What kind of card comes with the account?+
The card is debit, so it spends straight from the current account balance rather than a line of credit. Travel spending is a stated feature, which makes sense when the conversion fee is 0% and a business wants its card to work abroad without extra charges.
Who is the account aimed at?+
The audience is business, so this is an account for companies rather than personal use. Solo traders, limited companies and small firms that need a business card and a place to keep working money are the natural fit, and personal everyday banking is not the shape of the offer.
How do I get help if something goes wrong?+
Support runs on phone and help centre, so a call or the help centre are the two routes in. Readers who prefer to write in and wait for a reply may find that thin, since those are the only channels on offer, which matters most when a payment is blocked at short notice.
How does it compare with Wise on cost?+
Cashplus Bank has a monthly fee of £0 and a currency conversion fee of 0%. Wise's conversion fee is 0.1%, so the gap sits where your money goes. If a business sends or receives large amounts abroad, that difference decides the comparison more than anything else.
Sources
- en.wikipedia.org/wiki/Zempler_Bank checked September 26, 2026
Backs: Founded
“founded in 2005 as a prepaid card operator called Cashplus”
- zemplerbank.com checked September 26, 2026
Backs: Audience, Headquarters, Legal entity
“Business Go, Business Extra, and Business Pro business current accounts”
- zemplerbank.com/contact checked September 26, 2026
Backs: Support channels
“UK Customer Service 0330 024 0924 - Help Centre”
- zemplerbank.com/personal/current-account/freedom checked September 26, 2026
Backs: Free ATM withdrawals, Card type, Features, Currency conversion fee, Monthly fee
“Freedom Cash withdrawals GBP 1 (UK), GBP 3 (non-UK)”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Protection.