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Aldermore Business Fees, Customer & App Reviews In 2025


By: Ian Wright | Last Updated: April 25, 2025

Is a Aldermore business account right for you?

Read real customer reviews below along with more information about the various banking services Aldermore offers to businesses.

Aldermore Customer Reviews

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Aldermore homepage

Aldermore Reviews From Other Websites

Aldermore Trustpilot Reviews

Review Score (out of 5) Percent 5-Star Reviews Percent 1-star Reviews Total Number of Reviews
4.60 80% 9% 4,424

Source: https://www.trustpilot.com/review/www.aldermore.co.uk

Aldermore iPhone & Android App Reviews

App Type Review Score (out out 5) Total Number of Reviews
iPhone No Rating No Reviews
Android No Rating No Reviews

Source:

https://www.apple.com/uk/app-store/
https://play.google.com/store/apps

Aldermore Basics

Bank Type Challenger
FSCS Protection Yes, up to £85,000
Branch Locations None, online and phone only
Card Type Mastercard
FCA Number 204503
Online Banking Yes
Mobile Banking No
In Person/Branch Banking No

Customer Support Options

Phone Support Available Yes
Email Support Available Yes
Support Via Their App No
Web Based Support Yes
In person Customer Support No

Aldermore Business Account Types

Business Current Account Yes
Business Savings Account Yes
Business Credit Card Yes
Business Overdraft Yes
Accounts For Startups Yes
Accounts For Charities No
Accounts For Sole Traders No
Joint Business Accounts Available Yes

Opening A Aldermore Business Account

Can You Apply Online? Yes
How Long Does Opening An
Account Typically Take?
2 minutes
Do They Check Your Credit? Yes
Current Account Switch Service Yes

Click to open a Aldermore Business Account

Aldermore Business Savings

Types of Business Savings Accounts Fixed rate, Easy access
Lowest Savings Rate (AER) 3.25%
Maximum Savings Rate (AER) 4.60%
Minimum Savings Amount £1,000

Please note these numbers were accurate at the time of publication, but may have since changed. Click to here to see current Aldermore rates

Aldermore Fees & Charges

Free Business Bank Account No
Free Business Account Term Length NA
Cheapest Monthly Account Fee £12.50
Most Expensive Monthly Account Fee £30
Electronic Payment Cost (in/out) Free
Cash Payments Cost (in/out) 75p / £2 + 2.75%
Cheques in/out Free
CHAPS Payments Cost £30
SEPA Payments Cost No

Aldermore Foreign Currency Accounts

US Dollar (USD) Bank Account Yes
Euro (EUR) Bank Account Yes
Interest Paid On Foreign Currencies Yes

Other Currencies Available:

  • EUR (Euro)
  • USD (US Dollar)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • CHF (Swiss Franc)
  • SEK (Swedish Krona)
  • DKK (Danish Krone)
  • NOK (Norwegian Krone)

Other Aldermore Business Services

Business Loans Yes
Commercial Mortgages Yes
Invoice Financing Yes
International Payments Yes
Merchant Services No
Card Machines No
Free Accounting Software No

Click to visit the Aldermore website

For other business bank accounts see out guide here.

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