VeloKonto Firma

VeloKonto Firma – review of VeloBank's current business account offer

VeloKonto Firma is a business account from VeloBank for sole traders who want to pay as little as possible for running the account while still getting the basics of digital banking - a mobile app and BLIK payments. It is an account built around a low, easily avoidable monthly fee rather than a rich bundle of extra services, so it suits businesses with a modest number of transactions best.

The account is only for sole traders and can be opened remotely: you apply from your phone with selfie and biometric identity verification, and you need your business NIP or REGON and an ID card. Below we describe exactly how much the account really costs, what conditions you need to meet to pay nothing for it, and who this fee structure makes sense for.

Fees and charges

The standard monthly fee for VeloKonto Firma is PLN 25, but it can be reduced to PLN 0. There are two alternative ways to qualify for the waiver: make at least one transfer to ZUS (the Polish social security agency) of at least PLN 300 in a given month, or receive an external incoming transfer of at least PLN 5,000. Meeting either condition means the account runs free of charge for most active sole traders – simply paying your social security contributions from this account is usually enough.

External transfers cost between PLN 0 and PLN 1.20: 20 standard external transfers a month are included (transfers to ZUS count towards them), and each further one costs PLN 1.20. Transfers to the tax office and internal transfers are free, and an Express Elixir transfer costs PLN 10. Over a year, the difference between running the account free and paying the full PLN 25 a month is PLN 300 - worth keeping in mind, especially if in a given month your business does not pay ZUS from this account (e.g. uses another account for ZUS) and is not sure about its monthly inflows.

The account comes with a MasterCard Business Card, issued free of charge. Its monthly fee is conditional: PLN 0 if you settle at least PLN 300 of cashless card transactions in a calendar month - otherwise PLN 5 a month. Cash withdrawals are free at Planet Cash ATMs. At other ATMs in Poland (including Euronet) and in EEA countries the bank charges 3.5% of the amount, at least PLN 5, and in other countries 3.5%, at least PLN 10.

Bonus and additional features

As of now, VeloBank is not running any welcome bonus or cash reward for opening VeloKonto Firma. The latest edition of the "VeloKonto Firma z wygodnym pakietem korzyści" promotion (with bonuses and 12 months without an account fee) accepted new customers until 31 May 2026. If you have seen a bonus advertised for this account before, treat it as outdated: the offer now rests solely on low, conditional fees rather than a one-off cash reward.

On the features side, VeloBank lists online banking and a mobile app, BLIK payments, foreign currency accounts and VeloKantor, where access and currency exchange transactions are free; currency accounts can be linked to the card through the multi-currency service. The MasterCard Business Card supports online and contactless payments. The bank does not list accounting tools or invoicing integrations for this account - if that's what you're after, VeloKonto Firma may feel too bare-bones.

Who it's for

This account makes sense mainly for sole traders and micro-businesses that regularly pay their ZUS contributions from the business account, or that have a stable monthly inflow of at least PLN 5,000 – in either case, they realistically avoid the monthly fee. It also works well for anyone who pays by card more often than once every few days (even small office purchases or fuel), since as little as PLN 300 in card transactions a month waives the card fee.

It's a weaker fit for businesses that frequently withdraw cash from ATMs outside the Planet Cash network - each such withdrawal costs at least PLN 5, and outside the EEA at least PLN 10. It's also not the account for businesses looking for a full invoicing or accounting platform built into online banking - VeloBank does not list such tools for this product.

Pros and cons

Pros

• Monthly fee can be reduced to zero – one ZUS transfer (min. PLN 300) or an inflow of min. PLN 5,000/month is enough
• Card fee waived with modest card activity (min. PLN 300 in transactions/month)
• Low external transfer fee – up to PLN 1.20
• Mobile app and BLIK payments included as standard

Cons

• No welcome bonus or cash reward in the current offer
• Withdrawals at ATMs outside the Planet Cash network (including Euronet) are charged - 3.5%, min. PLN 5
• Withdrawals abroad: 3.5%, min. PLN 5 in the EEA and min. PLN 10 elsewhere
• Modest set of extra features - no online accounting or invoicing integrations (but free VeloKantor currency exchange)

Verdict

VeloKonto Firma is currently an offer built around simplicity and low, conditional fees rather than around a bonus or a rich feature set - the latest bonus promotion ended on 31 May 2026. For a sole trader who regularly pays ZUS from this account, or who receives at least PLN 5,000 a month from outside, the account can run completely free, card included - that's still a strong argument, especially against accounts that charge their fee unconditionally.

Businesses that rely heavily on cash outside the Planet Cash network should factor those costs into their decision. Ultimately, the choice comes down to whether your business can easily meet one of the two fee-waiver conditions - if so, VeloKonto Firma lets you run a business account with no account or card fee.