Is AIB (Allied Irish Bank) or GoSolo better for your small business?
Below we look at both AIB (Allied Irish Bank) and GoSolo reviews on Trustpilot along with their App reviews from Apple and Google.
We then look at typical fees, business savings rates, foreign currency options and a whole bunch of other account features to help you make up your mind.
AIB (Allied Irish Bank) vs GoSolo Trustpilot Reviews
| AIB (Allied Irish Bank) | GoSolo | |
| Trustpilot Review Score (out of 5) | 2.8 | 2.6 |
| Percent 5-Star Reviews | 20% | 39% |
| Percent 1- Star Reviews | 70% | 47% |
| Total Number of Reviews | 10 | 74 |
https://www.trustpilot.com/review/aibgb.co.uk
https://www.trustpilot.com/review/gosolo.net
AIB (Allied Irish Bank) vs GoSolo App Reviews
| AIB (Allied Irish Bank) | GoSolo | |
| iPhone Review Score (out of 5) | 1.7 | 4.6 |
| Number of iPhone Reviews | 227 | 91 |
| Android Review Score (out of 5) | 1.9 | 3.6 |
| Number of Android Reviews | 21,400 | 61 |
https://apps.apple.com/gb/app/aib-mobile/id468042881
https://apps.apple.com/gb/app/gosolo-smart-business-account/id1569028757
AIB (Allied Irish Bank) vs GoSolo Account Fees & Charges
| AIB (Allied Irish Bank) | GoSolo | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | 12 Months |
| Cheapest Monthly Account Fee | £10 | Free |
| Most Expensive Monthly Account Fee | £10 | Free |
| Electronic Payment Cost (in/out) | 35p | 2% + 20p |
| Cash Payments Cost (in/out) | 65p per £100 | £1.50 |
| Cheques (in/out) | 70p | £2.69 |
| CHAPS Payments Cost | £25 | £15 |
| SEPA Payments Cost | £20 | 30p |
AIB (Allied Irish Bank) vs GoSolo Business Savings Rates
| AIB (Allied Irish Bank) | GoSolo | |
| Types of Business Savings Accounts | Demand deposit account, Business fixed term deposit account, Currency deposit account | None |
| Lowest Savings Rate (AER) | 0.25% | NA |
| Maximum Savings Rate (AER) | 3.02% | NA |
| Minimum Savings Amount | £1 | NA |
| Interest Paid On Foreign Currencies | Yes | No |
AIB (Allied Irish Bank) vs GoSolo Account Opening Times
| AIB (Allied Irish Bank) | GoSolo | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 15 minutes | Few minutes |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
AIB (Allied Irish Bank) vs GoSolo Features & Account Types
| AIB (Allied Irish Bank) | GoSolo | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Visa | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Belfast, London and Dublin | None, online only |
AIB (Allied Irish Bank) vs GoSolo Customer Support Options
| AIB (Allied Irish Bank) | GoSolo | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
AIB (Allied Irish Bank) vs GoSolo Foreign Currency Accounts
| AIB (Allied Irish Bank) | GoSolo | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: |
| No |
Other Business Services From AIB (Allied Irish Bank) and GoSolo
| AIB (Allied Irish Bank) | GoSolo | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | No | Yes |
AIB (Allied Irish Bank) vs GoSolo Banking Basics
| AIB (Allied Irish Bank) | GoSolo | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 204793 | 902961 |
| Website | AIB (Allied Irish Bank) Website | GoSolo Website |
Common Comparison Questions
Does AIB (Allied Irish Bank) or GoSolo have better customer reviews?
AIB (Allied Irish Bank) scores 2.8 out of 5 based 10 Trustpilot reviews. Of these reviews 20% are 5-star and 70% are 1-star.
Whereas, GoSolo scores 2.6 out of 5 based 74 Trustpilot reviews. Of which 39% are 5-star and 47% are 1-star.
Does AIB (Allied Irish Bank) or GoSolo have a better App?
AIB (Allied Irish Bank)’s iPhone App is rated 1.7 out of 5 based on 227 reviews. And it’s Android App is rated 1.9 out of 5 based on 21,400 reviews.
In comparison, GoSolo’s iPhone App is rated 4.6 out of 5 based on 91 reviews. And it’s Android App is rated 3.6 out of 5 based on 61 reviews.
Does AIB (Allied Irish Bank) or GoSolo have better business savings rates?
AIB (Allied Irish Bank) offers the following types of business savings accounts: Demand deposit account, Business fixed term deposit account, Currency deposit account with interest rates ranging from 0.25% to 3.02%. (AER)
In contrast, GoSolo offers None accounts with interest rates ranging from NA to NA (AER).
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For other business bank accounts see our guide here.