Is Aldermore or Fair Everywhere better for your small business?
Below we look at both Aldermore and Fair Everywhere 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 vs Fair Everywhere Trustpilot Reviews
| Aldermore | Fair Everywhere | |
| Trustpilot Review Score (out of 5) | 4.6 | 3.1 |
| Percent 5-Star Reviews | 80% | 27% |
| Percent 1- Star Reviews | 9% | 64% |
| Total Number of Reviews | 4,424 | 11 |
https://www.trustpilot.com/review/www.aldermore.co.uk
https://www.trustpilot.com/review/faireverywhere.com
Aldermore vs Fair Everywhere App Reviews
| Aldermore | Fair Everywhere | |
| iPhone Review Score (out of 5) | No Rating | 2.2 |
| Number of iPhone Reviews | No Reviews | 5 |
| Android Review Score (out of 5) | No Rating | 3.9 |
| Number of Android Reviews | No Reviews | 7 |
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/fair-everywhere/id1331905256
Aldermore vs Fair Everywhere Account Fees & Charges
| Aldermore | Fair Everywhere | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | £12.50 | £12.50 |
| Most Expensive Monthly Account Fee | £30 | £12.50 |
| Electronic Payment Cost (in/out) | Free | 30p |
| Cash Payments Cost (in/out) | 75p / £2 + 2.75% | £1.50 / £3 + 2.75% |
| Cheques (in/out) | Free | 50p per cheque |
| CHAPS Payments Cost | £30 | £30 |
| SEPA Payments Cost | No | No |
Aldermore vs Fair Everywhere Business Savings Rates
| Aldermore | Fair Everywhere | |
| Types of Business Savings Accounts | Fixed rate, Easy access | None |
| Lowest Savings Rate (AER) | 3.25% | NA |
| Maximum Savings Rate (AER) | 4.60% | NA |
| Minimum Savings Amount | £1,000 | NA |
| Interest Paid On Foreign Currencies | Yes | Yes |
Aldermore vs Fair Everywhere Account Opening Times
| Aldermore | Fair Everywhere | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 2 minutes | 1 day |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
Aldermore vs Fair Everywhere Features & Account Types
| Aldermore | Fair Everywhere | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | Yes | Yes |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | No | No |
| Accounts For Sole Traders | No | Yes |
| Joint Business Accounts Available | Yes | No |
| Card Type | Mastercard | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | No | Yes |
| In Person/Branch Banking | No | No |
| Branch Locations | None, online and phone only | None, online only |
Aldermore vs Fair Everywhere Customer Support Options
| Aldermore | Fair Everywhere | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | No | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | No |
Aldermore vs Fair Everywhere Foreign Currency Accounts
| Aldermore | Fair Everywhere | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
|
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Other Business Services From Aldermore and Fair Everywhere
| Aldermore | Fair Everywhere | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Aldermore vs Fair Everywhere Banking Basics
| Aldermore | Fair Everywhere | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 204503 | 504547 |
| Website | Aldermore Website | Fair Everywhere Website |
Common Comparison Questions
Does Aldermore or Fair Everywhere 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, Fair Everywhere scores 3.1 out of 5 based 11 Trustpilot reviews. Of which 27% are 5-star and 64% are 1-star.
Does Aldermore or Fair Everywhere 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, Fair Everywhere’s iPhone App is rated 2.2 out of 5 based on 5 reviews. And it’s Android App is rated 3.9 out of 5 based on 7 reviews.
Does Aldermore or Fair Everywhere 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, Fair Everywhere 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.