I set up my business account with the bank that I did because they offer a good free period of business banking- most banks offer start-up business a free period of business banking of around 18 months or 2 years. But after that I was paying 35p for every transaction. This was a problem as I want to keep all my business transactions through the card as every purchase through the company can have positive VAT implications. This meant that my transaction fees became about £60 a month. I have therefore just switched to another bank which is charging a fixed fee of £6.50 per month, making electronic transactions significantly cheaper, but banking a check or cash, which I rarely do, costs £1.50 per transaction.