Is Aldermore or GoSolo better for your small business?
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 vs GoSolo Trustpilot Reviews
| Aldermore | GoSolo | |
| Trustpilot Review Score (out of 5) | 4.6 | 2.6 |
| Percent 5-Star Reviews | 80% | 39% |
| Percent 1- Star Reviews | 9% | 47% |
| Total Number of Reviews | 4,424 | 74 |
https://www.trustpilot.com/review/www.aldermore.co.uk
https://www.trustpilot.com/review/gosolo.net
Aldermore vs GoSolo App Reviews
| Aldermore | GoSolo | |
| iPhone Review Score (out of 5) | No Rating | 4.6 |
| Number of iPhone Reviews | No Reviews | 91 |
| Android Review Score (out of 5) | No Rating | 3.6 |
| Number of Android Reviews | No Reviews | 61 |
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/gosolo-smart-business-account/id1569028757
Aldermore vs GoSolo Account Fees & Charges
| Aldermore | GoSolo | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | 12 Months |
| Cheapest Monthly Account Fee | £12.50 | Free |
| Most Expensive Monthly Account Fee | £30 | Free |
| Electronic Payment Cost (in/out) | Free | 2% + 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 Cost | No | 30p |
Aldermore vs GoSolo Business Savings Rates
| Aldermore | GoSolo | |
| 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 | No |
Aldermore vs GoSolo Account Opening Times
| Aldermore | GoSolo | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 2 minutes | Few minutes |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
Aldermore vs GoSolo Features & Account Types
| Aldermore | GoSolo | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | Yes | No |
| 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 | Yes |
| 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 GoSolo Customer Support Options
| Aldermore | GoSolo | |
| 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 GoSolo Foreign Currency Accounts
| Aldermore | GoSolo | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: |
| No |
Other Business Services From Aldermore and GoSolo
| Aldermore | GoSolo | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | No |
| Card Machines | No | No |
| Free Accounting Software | No | Yes |
Aldermore vs GoSolo Banking Basics
| Aldermore | GoSolo | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 204503 | 902961 |
| Website | Aldermore Website | GoSolo 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).
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For other business bank accounts see our guide here.