Is Bank of Scotland or Fair Everywhere better for your small business?
Below we look at both Bank of Scotland 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.
Bank of Scotland vs Fair Everywhere Trustpilot Reviews
| Bank of Scotland | Fair Everywhere | |
| Trustpilot Review Score (out of 5) | 1.6 | 3.1 |
| Percent 5-Star Reviews | 12% | 27% |
| Percent 1- Star Reviews | 80% | 64% |
| Total Number of Reviews | 649 | 11 |
https://www.trustpilot.com/review/www.bankofscotland.co.uk
https://www.trustpilot.com/review/faireverywhere.com
Bank of Scotland vs Fair Everywhere App Reviews
| Bank of Scotland | Fair Everywhere | |
| iPhone Review Score (out of 5) | 4.8 | 2.2 |
| Number of iPhone Reviews | 269,400 | 5 |
| Android Review Score (out of 5) | 4.5 | 3.9 |
| Number of Android Reviews | 44,100 | 7 |
https://apps.apple.com/gb/app/bank-of-scotland-mobile-bank/id485728109
https://apps.apple.com/gb/app/fair-everywhere/id1331905256
Bank of Scotland vs Fair Everywhere Account Fees & Charges
| Bank of Scotland | Fair Everywhere | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 12 Months | NA |
| Cheapest Monthly Account Fee | £8.50 | £12.50 |
| Most Expensive Monthly Account Fee | £8.50 | £12.50 |
| Electronic Payment Cost (in/out) | Free / 20p | 30p |
| Cash Payments Cost (in/out) | £85p / £1.50 per £100 | £1.50 / £3 + 2.75% |
| Cheques (in/out) | 85p per cheque | 50p per cheque |
| CHAPS Payments Cost | £30 | £30 |
| SEPA Payments Cost | £5 | No |
Bank of Scotland vs Fair Everywhere Business Savings Rates
| Bank of Scotland | Fair Everywhere | |
| Types of Business Savings Accounts | Fixed Term Deposit, Notice Accounts, Instant Access Account | None |
| Lowest Savings Rate (AER) | 1.31% | NA |
| Maximum Savings Rate (AER) | 4.37% | NA |
| Minimum Savings Amount | £1 | NA |
| Interest Paid On Foreign Currencies | Yes | Yes |
Bank of Scotland vs Fair Everywhere Account Opening Times
| Bank of Scotland | Fair Everywhere | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 7 Working days | 1 day |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
Bank of Scotland vs Fair Everywhere Features & Account Types
| Bank of Scotland | 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 | Yes | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | No |
| Card Type | Visa | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Scotland only | None, online only |
Bank of Scotland vs Fair Everywhere Customer Support Options
| Bank of Scotland | Fair Everywhere | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
Bank of Scotland vs Fair Everywhere Foreign Currency Accounts
| Bank of Scotland | 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 Bank of Scotland and Fair Everywhere
| Bank of Scotland | Fair Everywhere | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
Bank of Scotland vs Fair Everywhere Banking Basics
| Bank of Scotland | Fair Everywhere | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 169628 | 504547 |
| Website | Bank of Scotland Website | Fair Everywhere Website |
Common Comparison Questions
Does Bank of Scotland or Fair Everywhere 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, Fair Everywhere scores 3.1 out of 5 based 11 Trustpilot reviews. Of which 27% are 5-star and 64% are 1-star.
Does Bank of Scotland or Fair Everywhere 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, 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 Bank of Scotland or Fair Everywhere 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, 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.