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Airwallex VS Unity Trust: Business Banking Review & Fee Comparison


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

Is Airwallex or Unity Trust better for your small business?



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Below we look at both Airwallex and Unity Trust 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


Unity Trust Homepage
Unity Trust Homepage
 

Airwallex vs Unity Trust Trustpilot Reviews

AirwallexUnity Trust
Trustpilot Review Score (out of 5)3.94
Percent 5-Star Reviews67%61%
Percent 1- Star Reviews25%14%
Total Number of Reviews1,007255
Sources:
https://www.trustpilot.com/review/airwallex.com
https://www.trustpilot.com/review/unity.co.uk

Airwallex vs Unity Trust App Reviews

AirwallexUnity Trust
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 Unity Trust Account Fees & Charges

AirwallexUnity Trust
Free Business Bank AccountYesNo
Free Business Account Term Length1 monthNA
Cheapest Monthly Account FeeFree or £19/month£6
Most Expensive Monthly Account Fee£999/month£6
Electronic Payment Cost (in/out)20p14p
Cash Payments Cost (in/out)Free50p per £100
Cheques (in/out)Free30p per item
CHAPS Payments CostNo£28
SEPA Payments Cost$225p

Airwallex vs Unity Trust Business Savings Rates

AirwallexUnity Trust
Types of Business Savings AccountsNoneInstant Access, Fixed Term
Lowest Savings Rate (AER)NA2.77%
Maximum Savings Rate (AER)NA5.10%
Minimum Savings AmountNANo
Interest Paid On Foreign CurrenciesYesYes
 

Airwallex vs Unity Trust Account Opening Times

AirwallexUnity Trust
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
15 minutes7 Working days
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoYes

Airwallex vs Unity Trust Features & Account Types

Airwallex Account Types
Airwallex Features & Account Types


Unity Trust Account Types
Unity Trust Features & Account Types


AirwallexUnity Trust
Business Current AccountYesYes
Business Savings AccountNoYes
Business Credit CardNoNo
Business OverdraftNoYes
Accounts For StartupsYesYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesNo
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyNo own branches but can use NatWest, RBS or Ulster Bank locations

Airwallex vs Unity Trust Customer Support Options

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

Airwallex vs Unity Trust Foreign Currency Accounts

AirwallexUnity Trust
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • AUD
  • NZD
  • CAD
  • HKD
  • SGD
  • JPY
  • CHF
  • KRW
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Danish Krone (DKK)
  • Norwegian Krone (NOK)
  • Swedish Krona (SEK)
  • New Zealand Dollar (NZD)
  • Japanese Yen (JPY)

Other Business Services From Airwallex and Unity Trust

Airwallex Account Types
Other Airwallex Services


Unity Trust Account Types
Other Unity Trust Services


AirwallexUnity Trust
Business LoansNoYes
Commercial MortgagesNoYes
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesYesYes
Card MachinesNoNo
Free Accounting SoftwareNoNo

Airwallex vs Unity Trust Banking Basics

AirwallexUnity Trust
Bank TypeChallengerChallenger
FSCS ProtectionNoYes, up to £85,000
FCA Number900876204570
WebsiteAirwallex WebsiteUnity Trust Website

Common Comparison Questions

Does Airwallex or Unity Trust 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, Unity Trust scores 4 out of 5 based 255 Trustpilot reviews. Of which 61% are 5-star and 14% are 1-star.

Does Airwallex or Unity Trust 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, Unity Trust’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 Unity Trust 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, Unity Trust offers Instant Access, Fixed Term accounts with interest rates ranging from 2.77% to 5.10% (AER).

See Other Comparisons:
Airwallex vs United Trust Bank
Airwallex vs HSBC Kinetic
Airwallex vs CardOneMoney
Airwallex vs Fair Everywhere
Airwallex vs Countingup


For other business bank accounts see our guide here.

 



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