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Anonymous

29 Nov 2021

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Opening bank account for my small business

I am registering a business for the first time. I am thinking whether there's a need to use a business account to track all my expenses or will a personal bank account be sufficient?

it is a home based business with sole propietor business type.

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PolicyWoke

01 Dec 2021

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Hi Anonymous,

You may consider opening an Aspire account so you can enjoy:

No minimum deposits, no monthly fees
Cashback from marketing and SaaS spend
Accounting integration with Xero or QuickBooks
Partner rewards

For more information, check out our partnership link with Aspire:

https://aspireapp.com/business-account/policywoke

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1M45

Edited 29 Nov 2021

Personal account is good enough for very small buisness.

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