Merchant Machine

Airwallex VS Triodos Bank: Business Banking Review & Fee Comparison


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

Is Airwallex or Triodos Bank better for your small business?



Compare UK Business Bank Accounts

Powered By BusinessBankAccounts.co.uk



Below we look at both Airwallex and Triodos Bank 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


Triodos Bank Homepage
Triodos Bank Homepage
 

Airwallex vs Triodos Bank Trustpilot Reviews

AirwallexTriodos Bank
Trustpilot Review Score (out of 5)3.94.1
Percent 5-Star Reviews67%58%
Percent 1- Star Reviews25%22%
Total Number of Reviews1,007514
Sources:
https://www.trustpilot.com/review/airwallex.com
https://www.trustpilot.com/review/triodos.co.uk

Airwallex vs Triodos Bank App Reviews

AirwallexTriodos Bank
iPhone Review Score (out of 5)3.34.6
Number of iPhone Reviews121,700
Android Review Score (out of 5)2.34.6
Number of Android Reviews161851
Sources:
https://apps.apple.com/gb/app/airwallex/id1537521807
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529

Airwallex vs Triodos Bank Account Fees & Charges

AirwallexTriodos Bank
Free Business Bank AccountYesNo
Free Business Account Term Length1 monthNA
Cheapest Monthly Account FeeFree or £19/month£3
Most Expensive Monthly Account Fee£999/month£3
Electronic Payment Cost (in/out)20pNo
Cash Payments Cost (in/out)FreeFree / £1
Cheques (in/out)Free£1
CHAPS Payments CostNo£20
SEPA Payments Cost$2No

Airwallex vs Triodos Bank Business Savings Rates

AirwallexTriodos Bank
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 Triodos Bank Account Opening Times

AirwallexTriodos Bank
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
15 minutes1 to 2 Working days
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoYes

Airwallex vs Triodos Bank Features & Account Types

Airwallex Account Types
Airwallex Features & Account Types


Triodos Bank Account Types
Triodos Bank Features & Account Types


AirwallexTriodos Bank
Business Current AccountYesYes
Business Savings AccountNoYes
Business Credit CardNoNo
Business OverdraftNoYes
Accounts For StartupsYesNo
Accounts For CharitiesNoNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyBristol, London and Edinburgh

Airwallex vs Triodos Bank Customer Support Options

AirwallexTriodos Bank
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoNo

Airwallex vs Triodos Bank Foreign Currency Accounts

AirwallexTriodos Bank
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • AUD
  • NZD
  • CAD
  • HKD
  • SGD
  • JPY
  • CHF
  • KRW
  • Australian Dollar (AUD)
  • Bulgarian Lev (BGN)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Chinese Renminbi Yuan (CNY)
  • Czech Koruna (CZK)
  • Danish Krone (DKK)
  • Euro (EUR)
  • Hong Kong Dollar (HKD)
  • Croatian Kuna (HRK)
  • Hungarian Forint (HUF)
  • Indian Rupee (INR)
  • New Israeli Sheqel (ILS)
  • Japanese Yen (JPY)
  • Mexican Peso (MXN)
  • Norwegian Krone (NOK)
  • New Zealand Dollar (NZD)

Other Business Services From Airwallex and Triodos Bank

Airwallex Account Types
Other Airwallex Services


Triodos Bank Account Types
Other Triodos Bank Services


AirwallexTriodos Bank
Business LoansNoYes
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesYesNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Airwallex vs Triodos Bank Banking Basics

AirwallexTriodos Bank
Bank TypeChallengerChallenger
FSCS ProtectionNoYes, up to £85,000
FCA Number900876817008
WebsiteAirwallex WebsiteTriodos Bank Website

Common Comparison Questions

Does Airwallex or Triodos Bank 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, Triodos Bank scores 4.1 out of 5 based 514 Trustpilot reviews. Of which 58% are 5-star and 22% are 1-star.

Does Airwallex or Triodos Bank 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, Triodos Bank’s iPhone App is rated 4.6 out of 5 based on 1,700 reviews. And it’s Android App is rated 4.6 out of 5 based on 851 reviews.

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

See Other Comparisons:
Airwallex vs Soldo
Airwallex vs Cambridge Building Society
Airwallex vs PayPal Debit
Airwallex vs Allica Bank
Airwallex vs Cater Allen


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