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Airwallex VS Cumberland Building Society: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Airwallex or Cumberland Building Society better for your small business?



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Below we look at both Airwallex and Cumberland Building Society 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.

Airwallex Homepage
Airwallex Homepage


Cumberland Building Society Homepage
Cumberland Building Society Homepage
 

Airwallex vs Cumberland Building Society Trustpilot Reviews

AirwallexCumberland Building Society
Trustpilot Review Score (out of 5)3.92.5
Percent 5-Star Reviews67%22%
Percent 1- Star Reviews25%69%
Total Number of Reviews1,00741
Sources:
https://www.trustpilot.com/review/airwallex.com
https://www.trustpilot.com/review/cumberlandbuildingsociety.co.uk

Airwallex vs Cumberland Building Society App Reviews

AirwallexCumberland Building Society
iPhone Review Score (out of 5)3.34.7
Number of iPhone Reviews12644
Android Review Score (out of 5)2.34.8
Number of Android Reviews161415
Sources:
https://apps.apple.com/gb/app/airwallex/id1537521807
https://apps.apple.com/gb/app/cumberland-mobile-banking/id715482935

Airwallex vs Cumberland Building Society Account Fees & Charges

AirwallexCumberland Building Society
Free Business Bank AccountYesYes
Free Business Account Term Length1 month12 Months
Cheapest Monthly Account FeeFree or £19/monthFree
Most Expensive Monthly Account Fee£999/month£5
Electronic Payment Cost (in/out)20p35p
Cash Payments Cost (in/out)Free40p per £100
Cheques (in/out)Free£1
CHAPS Payments CostNo£25
SEPA Payments Cost$2No

Airwallex vs Cumberland Building Society Business Savings Rates

AirwallexCumberland Building Society
Types of Business Savings AccountsNoneInstant Access, Fixed Term, Notice Savings
Lowest Savings Rate (AER)NA3.05%
Maximum Savings Rate (AER)NA4.20%
Minimum Savings AmountNA£1
Interest Paid On Foreign CurrenciesYesNo
 

Airwallex vs Cumberland Building Society Account Opening Times

AirwallexCumberland Building Society
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
15 minutes5 to 10 minutes
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoYes

Airwallex vs Cumberland Building Society Features & Account Types

Airwallex Account Types
Airwallex Features & Account Types


Cumberland Building Society Account Types
Cumberland Building Society Features & Account Types


AirwallexCumberland Building Society
Business Current AccountYesYes
Business Savings AccountNoYes
Business Credit CardNoYes
Business OverdraftNoYes
Accounts For StartupsYesYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeMastercardVisa
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoYes
Branch LocationsNone, online onlyLocations in North East England only

Airwallex vs Cumberland Building Society Customer Support Options

AirwallexCumberland Building Society
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoYes

Airwallex vs Cumberland Building Society Foreign Currency Accounts

AirwallexCumberland Building Society
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • AUD
  • NZD
  • CAD
  • HKD
  • SGD
  • JPY
  • CHF
  • KRW
No

Other Business Services From Airwallex and Cumberland Building Society

Airwallex Account Types
Other Airwallex Services


Cumberland Building Society Account Types
Other Cumberland Building Society Services


AirwallexCumberland Building Society
Business LoansNoYes
Commercial MortgagesNoYes
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesYesNo
Card MachinesNoNo
Free Accounting SoftwareNoYes

Airwallex vs Cumberland Building Society Banking Basics

AirwallexCumberland Building Society
Bank TypeChallengerBuilding Society
FSCS ProtectionNoYes, up to £85,000
FCA Number900876106074
WebsiteAirwallex WebsiteCumberland Building Society Website

Common Comparison Questions

Does Airwallex or Cumberland Building Society have better customer reviews?

Airwallex scores 3.9 out of 5 based 1,007 Trustpilot reviews. Of these reviews 67% are 5-star and 25% are 1-star.

Whereas, Cumberland Building Society scores 2.5 out of 5 based 41 Trustpilot reviews. Of which 22% are 5-star and 69% are 1-star.

Does Airwallex or Cumberland Building Society have a better App?

Airwallex’s iPhone App is rated 3.3 out of 5 based on 12 reviews. And it’s Android App is rated 2.3 out of 5 based on 161 reviews.

In comparison, Cumberland Building Society’s iPhone App is rated 4.7 out of 5 based on 644 reviews. And it’s Android App is rated 4.8 out of 5 based on 415 reviews.

Does Airwallex or Cumberland Building Society have better business savings rates?

Airwallex offers the following types of business savings accounts: None with interest rates ranging from NA to NA. (AER)

In contrast, Cumberland Building Society offers Instant Access, Fixed Term, Notice Savings accounts with interest rates ranging from 3.05% to 4.20% (AER).

See Other Comparisons:
Airwallex vs Redwood Bank
Airwallex vs Amaiz
Airwallex vs ICICI Bank UK
Airwallex vs Intergiro
Airwallex vs GoSolo


For other business bank accounts see our guide here.

 



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