Is Bank of Scotland or Cater Allen better for your small business?
Below we look at both Bank of Scotland and Cater Allen 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.
Bank of Scotland vs Cater Allen Trustpilot Reviews
| Bank of Scotland | Cater Allen | |
| Trustpilot Review Score (out of 5) | 1.6 | 1.9 |
| Percent 5-Star Reviews | 12% | 7% |
| Percent 1- Star Reviews | 80% | 80% |
| Total Number of Reviews | 649 | 136 |
https://www.trustpilot.com/review/www.bankofscotland.co.uk
https://www.trustpilot.com/review/www.caterallen.co.uk
Bank of Scotland vs Cater Allen App Reviews
| Bank of Scotland | Cater Allen | |
| iPhone Review Score (out of 5) | 4.8 | No Rating |
| Number of iPhone Reviews | 269,400 | No Reviews |
| Android Review Score (out of 5) | 4.5 | No Rating |
| Number of Android Reviews | 44,100 | No Reviews |
https://apps.apple.com/gb/app/bank-of-scotland-mobile-bank/id485728109
https://www.apple.com/uk/app-store/
Bank of Scotland vs Cater Allen Account Fees & Charges
| Bank of Scotland | Cater Allen | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 12 Months | NA |
| Cheapest Monthly Account Fee | £8.50 | Free |
| Most Expensive Monthly Account Fee | £8.50 | £25 |
| Electronic Payment Cost (in/out) | Free / 20p | £2 |
| Cash Payments Cost (in/out) | £85p / £1.50 per £100 | Free |
| Cheques (in/out) | 85p per cheque | £6 |
| CHAPS Payments Cost | £30 | £25 |
| SEPA Payments Cost | £5 | £2 |
Bank of Scotland vs Cater Allen Business Savings Rates
| Bank of Scotland | Cater Allen | |
| Types of Business Savings Accounts | Fixed Term Deposit, Notice Accounts, Instant Access Account | Fixed Term, Notice Account |
| Lowest Savings Rate (AER) | 1.31% | 3.00% |
| Maximum Savings Rate (AER) | 4.37% | 4.70% |
| Minimum Savings Amount | £1 | No |
| Interest Paid On Foreign Currencies | Yes | Yes |
Bank of Scotland vs Cater Allen Account Opening Times
| Bank of Scotland | Cater Allen | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 7 Working days | 7 days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
Bank of Scotland vs Cater Allen Features & Account Types
| Bank of Scotland | Cater Allen | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Visa | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Scotland only | None, online and phone only |
Bank of Scotland vs Cater Allen Customer Support Options
| Bank of Scotland | Cater Allen | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | No |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
Bank of Scotland vs Cater Allen Foreign Currency Accounts
| Bank of Scotland | Cater Allen | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
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Other Business Services From Bank of Scotland and Cater Allen
| Bank of Scotland | Cater Allen | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
Bank of Scotland vs Cater Allen Banking Basics
| Bank of Scotland | Cater Allen | |
| Bank Type | High Street | High Street |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 169628 | 178737 |
| Website | Bank of Scotland Website | Cater Allen Website |
Common Comparison Questions
Does Bank of Scotland or Cater Allen have better customer reviews?
Bank of Scotland scores 1.6 out of 5 based 649 Trustpilot reviews. Of these reviews 12% are 5-star and 80% are 1-star.
Whereas, Cater Allen scores 1.9 out of 5 based 136 Trustpilot reviews. Of which 7% are 5-star and 80% are 1-star.
Does Bank of Scotland or Cater Allen have a better App?
Bank of Scotland’s iPhone App is rated 4.8 out of 5 based on 269,400 reviews. And it’s Android App is rated 4.5 out of 5 based on 44,100 reviews.
In comparison, Cater Allen’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.
Does Bank of Scotland or Cater Allen have better business savings rates?
Bank of Scotland offers the following types of business savings accounts: Fixed Term Deposit, Notice Accounts, Instant Access Account with interest rates ranging from 1.31% to 4.37%. (AER)
In contrast, Cater Allen offers Fixed Term, Notice Account accounts with interest rates ranging from 3.00% to 4.70% (AER).
See Other Comparisons:Bank of Scotland vs AIB (Allied Irish Bank)
Bank of Scotland vs Unity Trust
Bank of Scotland vs United Trust Bank
Bank of Scotland vs HSBC Kinetic
Bank of Scotland vs CardOneMoney
For other business bank accounts see our guide here.