Is Bank of Scotland or Kent Reliance better for your small business?
Below we look at both Bank of Scotland and Kent Reliance 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 Kent Reliance Trustpilot Reviews
| Bank of Scotland | Kent Reliance | |
| Trustpilot Review Score (out of 5) | 1.6 | 4 |
| Percent 5-Star Reviews | 12% | 61% |
| Percent 1- Star Reviews | 80% | 22% |
| Total Number of Reviews | 649 | 2,104 |
https://www.trustpilot.com/review/www.bankofscotland.co.uk
https://www.trustpilot.com/review/www.kentreliance.co.uk
Bank of Scotland vs Kent Reliance App Reviews
| Bank of Scotland | Kent Reliance | |
| 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 Kent Reliance Account Fees & Charges
| Bank of Scotland | Kent Reliance | |
| 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 | Free |
| Electronic Payment Cost (in/out) | Free / 20p | £10 |
| Cash Payments Cost (in/out) | £85p / £1.50 per £100 | £1 |
| Cheques (in/out) | 85p per cheque | £1 |
| CHAPS Payments Cost | £30 | £10 |
| SEPA Payments Cost | £5 | No |
Bank of Scotland vs Kent Reliance Business Savings Rates
| Bank of Scotland | Kent Reliance | |
| Types of Business Savings Accounts | Fixed Term Deposit, Notice Accounts, Instant Access Account | Easy access, Notice Account, Fixed rate, Business savings |
| Lowest Savings Rate (AER) | 1.31% | 0.10% |
| Maximum Savings Rate (AER) | 4.37% | 5.13% |
| Minimum Savings Amount | £1 | £1,000 |
| Interest Paid On Foreign Currencies | Yes | No |
Bank of Scotland vs Kent Reliance Account Opening Times
| Bank of Scotland | Kent Reliance | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 7 Working days | 10 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
Bank of Scotland vs Kent Reliance Features & Account Types
| Bank of Scotland | Kent Reliance | |
| Business Current Account | Yes | No |
| 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 | None |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | No |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | Scotland only | Locations in Kent only |
Bank of Scotland vs Kent Reliance Customer Support Options
| Bank of Scotland | Kent Reliance | |
| 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 | Yes |
Bank of Scotland vs Kent Reliance Foreign Currency Accounts
| Bank of Scotland | Kent Reliance | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: |
| No |
Other Business Services From Bank of Scotland and Kent Reliance
| Bank of Scotland | Kent Reliance | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | No |
| International Payments | Yes | No |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
Bank of Scotland vs Kent Reliance Banking Basics
| Bank of Scotland | Kent Reliance | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 169628 | 530504 |
| Website | Bank of Scotland Website | Kent Reliance Website |
Common Comparison Questions
Does Bank of Scotland or Kent Reliance 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, Kent Reliance scores 4 out of 5 based 2,104 Trustpilot reviews. Of which 61% are 5-star and 22% are 1-star.
Does Bank of Scotland or Kent Reliance 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, Kent Reliance’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 Kent Reliance 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, Kent Reliance offers Easy access, Notice Account, Fixed rate, Business savings accounts with interest rates ranging from 0.10% to 5.13% (AER).
See Other Comparisons:Bank of Scotland vs Cynergy Bank
Bank of Scotland vs Zempler Bank (formerly Cashplus)
Bank of Scotland vs Co-operative Bank
Bank of Scotland vs Aldermore
Bank of Scotland vs Handelsbanken
For other business bank accounts see our guide here.