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Aldermore VS CardOneMoney: Business Banking Review & Fee Comparison


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

Is Aldermore or CardOneMoney better for your small business?



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Below we look at both Aldermore and CardOneMoney 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.

Aldermore Homepage
Aldermore Homepage


CardOneMoney Homepage
CardOneMoney Homepage
 

Aldermore vs CardOneMoney Trustpilot Reviews

AldermoreCardOneMoney
Trustpilot Review Score (out of 5)4.64.6
Percent 5-Star Reviews80%85%
Percent 1- Star Reviews9%9%
Total Number of Reviews4,424798
Sources:
https://www.trustpilot.com/review/www.aldermore.co.uk
https://www.trustpilot.com/review/cardonemoney.com

Aldermore vs CardOneMoney App Reviews

AldermoreCardOneMoney
iPhone Review Score (out of 5)No Rating2.7
Number of iPhone ReviewsNo Reviews61
Android Review Score (out of 5)No Rating3.9
Number of Android ReviewsNo Reviews200
Sources:
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/card-one-money/id1133870045

Aldermore vs CardOneMoney Account Fees & Charges

AldermoreCardOneMoney
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£12.50£12.50
Most Expensive Monthly Account Fee£30£25
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)75p / £2 + 2.75%£1.50
Cheques (in/out)Free£5
CHAPS Payments Cost£30£30
SEPA Payments CostNoNo

Aldermore vs CardOneMoney Business Savings Rates

AldermoreCardOneMoney
Types of Business Savings AccountsFixed rate, Easy accessNone
Lowest Savings Rate (AER)3.25%NA
Maximum Savings Rate (AER)4.60%NA
Minimum Savings Amount£1,000NA
Interest Paid On Foreign CurrenciesYesYes
 

Aldermore vs CardOneMoney Account Opening Times

AldermoreCardOneMoney
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
2 minutes3 hours
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesNo

Aldermore vs CardOneMoney Features & Account Types

Aldermore Account Types
Aldermore Features & Account Types


CardOneMoney Account Types
CardOneMoney Features & Account Types


AldermoreCardOneMoney
Business Current AccountYesYes
Business Savings AccountYesNo
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesNoNo
Accounts For Sole TradersNoYes
Joint Business Accounts AvailableYesNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingNoYes
In Person/Branch BankingNoNo
Branch LocationsNone, online and phone onlyNone, online only

Aldermore vs CardOneMoney Customer Support Options

AldermoreCardOneMoney
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support NoYes
Web Based SupportYesYes
In person Customer SupportNoNo

Aldermore vs CardOneMoney Foreign Currency Accounts

AldermoreCardOneMoney
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
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)
  • United States Dollar (USD)
  • Euro (EUR)
  • Japanese Yen (JPY)
  • Chinese Yuan (CNY)
  • Swiss Franc (CHF)
  • Canadian Dollar (CAD)
  • Australian Dollar (AUD)
  • New Zealand Dollar (NZD)

Other Business Services From Aldermore and CardOneMoney

Aldermore Account Types
Other Aldermore Services


CardOneMoney Account Types
Other CardOneMoney Services


AldermoreCardOneMoney
Business LoansYesYes
Commercial MortgagesYesYes
Invoice FinancingYesYes
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Aldermore vs CardOneMoney Banking Basics

AldermoreCardOneMoney
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number204503504547
WebsiteAldermore WebsiteCardOneMoney Website

Common Comparison Questions

Does Aldermore or CardOneMoney have better customer reviews?

Aldermore scores 4.6 out of 5 based 4,424 Trustpilot reviews. Of these reviews 80% are 5-star and 9% are 1-star.

Whereas, CardOneMoney scores 4.6 out of 5 based 798 Trustpilot reviews. Of which 85% are 5-star and 9% are 1-star.

Does Aldermore or CardOneMoney have a better App?

Aldermore’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.

In comparison, CardOneMoney’s iPhone App is rated 2.7 out of 5 based on 61 reviews. And it’s Android App is rated 3.9 out of 5 based on 200 reviews.

Does Aldermore or CardOneMoney have better business savings rates?

Aldermore offers the following types of business savings accounts: Fixed rate, Easy access with interest rates ranging from 3.25% to 4.60%. (AER)

In contrast, CardOneMoney offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Aldermore vs Fair Everywhere
Aldermore vs Countingup
Aldermore vs State Bank of India (UK)
Aldermore vs Charity Bank
Aldermore vs Cumberland Building Society


For other business bank accounts see our guide here.

 



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