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Difference between Of no account and On no account

of no account—(also: of no consideration) not important; insignificant in the eyes of others:

  • “His grandfather was a distinguished man.” “Was he?” replied the man of Chicago. “That’s of no account with us.”

on no account—(also: on no consideration) certainly not; in no circumstances:

  • The British Trade Union representative will, on no account, be late for his meals or early for his meetings.

Note: The expression is not antonymous in meaning to the phrase on account—on credit:

  • The purchases journal is a special journal used to record all transactions in which items are bought on account.