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Aldermore VS Triodos Bank: Business Banking Review & Fee Comparison


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

Is Aldermore or Triodos Bank better for your small business?



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Below we look at both Aldermore and Triodos Bank 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


Triodos Bank Homepage
Triodos Bank Homepage
 

Aldermore vs Triodos Bank Trustpilot Reviews

AldermoreTriodos Bank
Trustpilot Review Score (out of 5)4.64.1
Percent 5-Star Reviews80%58%
Percent 1- Star Reviews9%22%
Total Number of Reviews4,424514
Sources:
https://www.trustpilot.com/review/www.aldermore.co.uk
https://www.trustpilot.com/review/triodos.co.uk

Aldermore vs Triodos Bank App Reviews

AldermoreTriodos Bank
iPhone Review Score (out of 5)No Rating4.6
Number of iPhone ReviewsNo Reviews1,700
Android Review Score (out of 5)No Rating4.6
Number of Android ReviewsNo Reviews851
Sources:
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529

Aldermore vs Triodos Bank Account Fees & Charges

AldermoreTriodos Bank
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£12.50£3
Most Expensive Monthly Account Fee£30£3
Electronic Payment Cost (in/out)FreeNo
Cash Payments Cost (in/out)75p / £2 + 2.75%Free / £1
Cheques (in/out)Free£1
CHAPS Payments Cost£30£20
SEPA Payments CostNoNo

Aldermore vs Triodos Bank Business Savings Rates

AldermoreTriodos Bank
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 Triodos Bank Account Opening Times

AldermoreTriodos Bank
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
2 minutes1 to 2 Working days
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesYes

Aldermore vs Triodos Bank Features & Account Types

Aldermore Account Types
Aldermore Features & Account Types


Triodos Bank Account Types
Triodos Bank Features & Account Types


AldermoreTriodos Bank
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftYesYes
Accounts For StartupsYesNo
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 onlyBristol, London and Edinburgh

Aldermore vs Triodos Bank Customer Support Options

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

Aldermore vs Triodos Bank Foreign Currency Accounts

AldermoreTriodos Bank
US Dollar (USD) Bank AccountsYesNo
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)
  • Australian Dollar (AUD)
  • Bulgarian Lev (BGN)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Chinese Renminbi Yuan (CNY)
  • Czech Koruna (CZK)
  • Danish Krone (DKK)
  • Euro (EUR)
  • Hong Kong Dollar (HKD)
  • Croatian Kuna (HRK)
  • Hungarian Forint (HUF)
  • Indian Rupee (INR)
  • New Israeli Sheqel (ILS)
  • Japanese Yen (JPY)
  • Mexican Peso (MXN)
  • Norwegian Krone (NOK)
  • New Zealand Dollar (NZD)

Other Business Services From Aldermore and Triodos Bank

Aldermore Account Types
Other Aldermore Services


Triodos Bank Account Types
Other Triodos Bank Services


AldermoreTriodos Bank
Business LoansYesYes
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Aldermore vs Triodos Bank Banking Basics

AldermoreTriodos Bank
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number204503817008
WebsiteAldermore WebsiteTriodos Bank Website

Common Comparison Questions

Does Aldermore or Triodos Bank 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, Triodos Bank scores 4.1 out of 5 based 514 Trustpilot reviews. Of which 58% are 5-star and 22% are 1-star.

Does Aldermore or Triodos Bank 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, Triodos Bank’s iPhone App is rated 4.6 out of 5 based on 1,700 reviews. And it’s Android App is rated 4.6 out of 5 based on 851 reviews.

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

See Other Comparisons:
Aldermore vs Soldo
Aldermore vs Cambridge Building Society
Aldermore vs PayPal Debit
Aldermore vs Allica Bank
Aldermore vs Cater Allen


For other business bank accounts see our guide here.

 



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