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Aldermore VS GoSolo: Business Banking Review & Fee Comparison


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

Is Aldermore or GoSolo better for your small business?



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Below we look at both Aldermore and GoSolo 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


GoSolo Homepage
GoSolo Homepage
 

Aldermore vs GoSolo Trustpilot Reviews

AldermoreGoSolo
Trustpilot Review Score (out of 5)4.62.6
Percent 5-Star Reviews80%39%
Percent 1- Star Reviews9%47%
Total Number of Reviews4,42474
Sources:
https://www.trustpilot.com/review/www.aldermore.co.uk
https://www.trustpilot.com/review/gosolo.net

Aldermore vs GoSolo App Reviews

AldermoreGoSolo
iPhone Review Score (out of 5)No Rating4.6
Number of iPhone ReviewsNo Reviews91
Android Review Score (out of 5)No Rating3.6
Number of Android ReviewsNo Reviews61
Sources:
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/gosolo-smart-business-account/id1569028757

Aldermore vs GoSolo Account Fees & Charges

AldermoreGoSolo
Free Business Bank AccountNoYes
Free Business Account Term LengthNA12 Months
Cheapest Monthly Account Fee£12.50Free
Most Expensive Monthly Account Fee£30Free
Electronic Payment Cost (in/out)Free2% + 20p
Cash Payments Cost (in/out)75p / £2 + 2.75%£1.50
Cheques (in/out)Free£2.69
CHAPS Payments Cost£30£15
SEPA Payments CostNo30p

Aldermore vs GoSolo Business Savings Rates

AldermoreGoSolo
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 CurrenciesYesNo
 

Aldermore vs GoSolo Account Opening Times

AldermoreGoSolo
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
2 minutesFew minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesYes

Aldermore vs GoSolo Features & Account Types

Aldermore Account Types
Aldermore Features & Account Types


GoSolo Account Types
GoSolo Features & Account Types


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

Aldermore vs GoSolo Customer Support Options

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

Aldermore vs GoSolo Foreign Currency Accounts

AldermoreGoSolo
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
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)
No

Other Business Services From Aldermore and GoSolo

Aldermore Account Types
Other Aldermore Services


GoSolo Account Types
Other GoSolo Services


AldermoreGoSolo
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoYes

Aldermore vs GoSolo Banking Basics

AldermoreGoSolo
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number204503902961
WebsiteAldermore WebsiteGoSolo Website

Common Comparison Questions

Does Aldermore or GoSolo 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, GoSolo scores 2.6 out of 5 based 74 Trustpilot reviews. Of which 39% are 5-star and 47% are 1-star.

Does Aldermore or GoSolo 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, GoSolo’s iPhone App is rated 4.6 out of 5 based on 91 reviews. And it’s Android App is rated 3.6 out of 5 based on 61 reviews.

Does Aldermore or GoSolo 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, GoSolo offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Aldermore vs 3S Money
Aldermore vs MultiPass
Aldermore vs Reliance Bank
Aldermore vs SumUp Business Account
Aldermore vs Cambridge & Counties Bank


For other business bank accounts see our guide here.

 



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