Simple money management

We’re taking the cost and the complexity out of your business money management. With Muloot Money you know you’re always paying lower fees.

As a Muloot Money Current Account customer, you qualify for our cash-back Rewards Scheme which means you can earn cash rewards of up to 3.5% at more than 35 major high street retailers when you shop using your Muloot Money card.

Get all of those benefits.

Our Fees

Please see terms and conditions for charges.

The information contained in this table summarises key product features of the Muloot Money Prepaid Mastercard Business element of the business account and is not intended to replace any key terms and conditions,


Application Fee £55
Minimum Monthly Charge £12.50

On Application

Card Issue Fee FREE
Additional Card Fee £5.00, maximum 4 additional cards available
Limits Maximum card balance £5,000
Usage restrictions For full details please refer to the Terms and Condition

Ongoing Features

Transaction fees 2.75% of the transaction value, per purchase transaction outside the UK
Cash withdrawal fees £1.50 for ATM withdrawals within the UK
£3.00 plus 2.75% of the transaction value for ATM withdrawals outside the UK
£5.00 for a cash advance within the UK
£5.00 for a cash advance outside the UK
Balance enquiry 15p per balance enquiry by SMS
Service fees FREE replacement PIN

Currency Conversion

Currency conversion fee 2.75%
Transfer transaction fee FREE


Electronic Credit £0.30
Cash Credit (plus £2 processing charge) 0.75%
Cheque Credit (Minimum charge £0.50 per cheque)* 0.75%


Faster Payment via Call Centre £10
Faster Payment Online £7.50
Next Day Faster Payment via Call Centre £3.50
Next Day Faster Payment Online £0.30
Standing Order £0.30
Direct Debit £0.30
CHAPS £30.00
Rejected Standing Orders or Direct Debits FREE


Additional card £5
UK Point of Sale Fee FREE
UK ATM fee £1.50
International Point of Sale Fee 2.75%
International ATM currency conversion fee £3
Card reissue fee £3.95
PIN reissue fee FREE


SMS balance enquiry (additional operator charges may apply) £0.15
Statement copy (up to 3 months) £5
Admin letter £5
GIRO Book £10
Transfer from card to billing account £5
Cheque credit returned £5
Over the counter cash withdrawal £5

That’s the Muloot way.

Your money is protected by a process called safeguarding, this means your money is held in a separate safeguarded account, keeping it secure. It is not covered by the Financial Services Compensation Scheme. Please see our FAQs for more information.

5 great reasons why this account is perfect for international businesses

  1. Competitive foreign exchange rates with access to 3 currency wallets - EUR, USD, GBP.
  2. Manage your money through a multi-currency current account with a business that breaks down international borders - customers have access to a UK-based customer support team Monday to Saturday.
  3. Conduct spending through secure chip & PIN Mastercard® cards accepted in over 190 countries worldwide.
  4. Earn up to 3.5% cashback rewards from over 50 UK high street retailers simply for spending on your cards.
  5. Manage your money 24/7 online.

There are a few things we have to charge you for, because we get charged for them, too. But we keep those things - and the charges - to a minimum. Find out more here.