Is Airwallex or MyPOS better for your small business?
Below we look at both Airwallex and MyPOS 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 vs MyPOS Trustpilot Reviews
Airwallex | MyPOS | |
Trustpilot Review Score (out of 5) | 3.9 | 4.2 |
Percent 5-Star Reviews | 67% | 67% |
Percent 1- Star Reviews | 25% | 11% |
Total Number of Reviews | 1,007 | 10,019 |
https://www.trustpilot.com/review/airwallex.com
https://www.trustpilot.com/review/mypos.com
Airwallex vs MyPOS App Reviews
Airwallex | MyPOS | |
iPhone Review Score (out of 5) | 3.3 | 4.2 |
Number of iPhone Reviews | 12 | 698 |
Android Review Score (out of 5) | 2.3 | 3.3 |
Number of Android Reviews | 161 | 14,900 |
https://apps.apple.com/gb/app/airwallex/id1537521807
https://apps.apple.com/gb/app/mypos-accept-all-payments/id934401253
Airwallex vs MyPOS Account Fees & Charges
Airwallex | MyPOS | |
Free Business Bank Account | Yes | Yes |
Free Business Account Term Length | 1 month | No Limit |
Cheapest Monthly Account Fee | Free or £19/month | No |
Most Expensive Monthly Account Fee | £999/month | No |
Electronic Payment Cost (in/out) | 20p | £1.50 |
Cash Payments Cost (in/out) | Free | £2 |
Cheques (in/out) | Free | Unknown |
CHAPS Payments Cost | No | No |
SEPA Payments Cost | $2 | £3 |
Airwallex vs MyPOS Business Savings Rates
Airwallex | MyPOS | |
Types of Business Savings Accounts | None | None |
Lowest Savings Rate (AER) | NA | NA |
Maximum Savings Rate (AER) | NA | NA |
Minimum Savings Amount | NA | NA |
Interest Paid On Foreign Currencies | Yes | No |
Airwallex vs MyPOS Account Opening Times
Airwallex | MyPOS | |
Can You Apply Online? | Yes | Yes |
How Long Does Opening An Account Typically Take? | 15 minutes | Few minutes |
Do They Check Your Credit? | No | No |
Current Account Switch Service | No | No |
Airwallex vs MyPOS Features & Account Types


Airwallex | MyPOS | |
Business Current Account | Yes | Yes |
Business Savings Account | No | No |
Business Credit Card | No | No |
Business Overdraft | No | No |
Accounts For Startups | Yes | Yes |
Accounts For Charities | No | No |
Accounts For Sole Traders | Yes | Yes |
Joint Business Accounts Available | No | No |
Card Type | Mastercard | Visa |
Online Banking | Yes | Yes |
Mobile Banking | Yes | Yes |
In Person/Branch Banking | No | No |
Branch Locations | None, online only | None, online only |
Airwallex vs MyPOS Customer Support Options
Airwallex | MyPOS | |
Phone Support Available | Yes | Yes |
Email Support Available | Yes | Yes |
App Based Support | Yes | Yes |
Web Based Support | Yes | Yes |
In person Customer Support | No | No |
Airwallex vs MyPOS Foreign Currency Accounts
Airwallex | MyPOS | |
US Dollar (USD) Bank Accounts | Yes | Yes |
Euro (EUR) Bank Accounts | Yes | Yes |
Other Currencies Available: |
| No |
Other Business Services From Airwallex and MyPOS


Airwallex | MyPOS | |
Business Loans | No | No |
Commercial Mortgages | No | No |
Invoice Financing | No | No |
International Payments | Yes | Yes |
Merchant Payment Services | Yes | Yes |
Card Machines | No | Yes |
Free Accounting Software | No | Yes |
Airwallex vs MyPOS Banking Basics
Airwallex | MyPOS | |
Bank Type | Challenger | Other |
FSCS Protection | No | No |
FCA Number | 900876 | 900826 |
Website | Airwallex Website | MyPOS Website |
Common Comparison Questions
Does Airwallex or MyPOS 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, MyPOS scores 4.2 out of 5 based 10,019 Trustpilot reviews. Of which 67% are 5-star and 11% are 1-star.
Does Airwallex or MyPOS 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, MyPOS’s iPhone App is rated 4.2 out of 5 based on 698 reviews. And it’s Android App is rated 3.3 out of 5 based on 14,900 reviews.
Does Airwallex or MyPOS 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, MyPOS 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.