Merchant Machine

Airwallex VS MultiPass: Business Banking Review & Fee Comparison


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

Is Airwallex or MultiPass better for your small business?



Compare UK Business Bank Accounts

Powered By BusinessBankAccounts.co.uk



Below we look at both Airwallex and MultiPass 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


MultiPass Homepage
MultiPass Homepage
 

Airwallex vs MultiPass Trustpilot Reviews

AirwallexMultiPass
Trustpilot Review Score (out of 5)3.94.5
Percent 5-Star Reviews67%81%
Percent 1- Star Reviews25%12%
Total Number of Reviews1,00774
Sources:
https://www.trustpilot.com/review/airwallex.com
https://www.trustpilot.com/review/multipass.co

Airwallex vs MultiPass App Reviews

AirwallexMultiPass
iPhone Review Score (out of 5)3.3No Rating
Number of iPhone Reviews12No Reviews
Android Review Score (out of 5)2.3No Rating
Number of Android Reviews161No Reviews
Sources:
https://apps.apple.com/gb/app/airwallex/id1537521807
https://www.apple.com/uk/app-store/

Airwallex vs MultiPass Account Fees & Charges

AirwallexMultiPass
Free Business Bank AccountYesNo
Free Business Account Term Length1 monthNA
Cheapest Monthly Account FeeFree or £19/month£29
Most Expensive Monthly Account Fee£999/month£250
Electronic Payment Cost (in/out)20pFree + 50p
Cash Payments Cost (in/out)FreeFree / £1 per £100
Cheques (in/out)FreeFree
CHAPS Payments CostNo£18
SEPA Payments Cost$2€1

Airwallex vs MultiPass Business Savings Rates

AirwallexMultiPass
Types of Business Savings AccountsNoneNone
Lowest Savings Rate (AER)NANA
Maximum Savings Rate (AER)NANA
Minimum Savings AmountNANA
Interest Paid On Foreign CurrenciesYesYes
 

Airwallex vs MultiPass Account Opening Times

AirwallexMultiPass
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
15 minutes10 minutes
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoNo

Airwallex vs MultiPass Features & Account Types

Airwallex Account Types
Airwallex Features & Account Types


MultiPass Account Types
MultiPass Features & Account Types


AirwallexMultiPass
Business Current AccountYesYes
Business Savings AccountNoNo
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesNoNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesNo
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyNone, online only

Airwallex vs MultiPass Customer Support Options

AirwallexMultiPass
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportNoNo

Airwallex vs MultiPass Foreign Currency Accounts

AirwallexMultiPass
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • AUD
  • NZD
  • CAD
  • HKD
  • SGD
  • JPY
  • CHF
  • KRW
  • AZN
  • BRL
  • BYN
  • BGN
  • HRK
  • HUF
  • ILS
  • INR
  • KZT
  • KRW
  • LAK
  • LTL
  • MXN
  • MYR
  • NOK
  • PHP
  • PLN
  • RON
  • RUB
  • SEK
  • SGD
  • THB
  • TRY
  • UAH
  • VND
  • ZAR

Other Business Services From Airwallex and MultiPass

Airwallex Account Types
Other Airwallex Services


MultiPass Account Types
Other MultiPass Services


AirwallexMultiPass
Business LoansNoNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesYesYes
Card MachinesNoNo
Free Accounting SoftwareNoNo

Airwallex vs MultiPass Banking Basics

AirwallexMultiPass
Bank TypeChallengerChallenger
FSCS ProtectionNoNo
FCA Number900876900840
WebsiteAirwallex WebsiteMultiPass Website

Common Comparison Questions

Does Airwallex or MultiPass 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, MultiPass scores 4.5 out of 5 based 74 Trustpilot reviews. Of which 81% are 5-star and 12% are 1-star.

Does Airwallex or MultiPass 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, MultiPass’s iPhone App is rated No Rating out of 5 based on No Reviews reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.

Does Airwallex or MultiPass 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, MultiPass offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Airwallex vs Reliance Bank
Airwallex vs SumUp Business Account
Airwallex vs Cambridge & Counties Bank
Airwallex vs Recognise Bank
Airwallex vs Dudley Building Society


For other business bank accounts see our guide here.

 



Please note: Merchant Machine is an information and comparison website only.
We do not provide merchant services nor can we recommend which solution is right for you and your business.
Blog · About · Privacy Policy · Terms of Use · Contact Us
Copyright © 2025 Brilliant British Ltd trading as Merchant Machine

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224