Is Barclays or Bank of Scotland better for your small business?
Below we look at both Barclays and Bank of Scotland 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.


Barclays vs Bank of Scotland Trustpilot Reviews
Barclays | Bank of Scotland | |
Trustpilot Review Score (out of 5) | 1.4 | 1.6 |
Percent 5-Star Reviews | 8% | 12% |
Percent 1- Star Reviews | 86% | 80% |
Total Number of Reviews | 9,859 | 649 |
https://www.trustpilot.com/review/www.barclays.co.uk
https://www.trustpilot.com/review/www.bankofscotland.co.uk
Barclays vs Bank of Scotland App Reviews
Barclays | Bank of Scotland | |
iPhone Review Score (out of 5) | 4.8 | 4.8 |
Number of iPhone Reviews | 1,700,000 | 269,400 |
Android Review Score (out of 5) | 4.8 | 4.5 |
Number of Android Reviews | 506,000 | 44,100 |
https://apps.apple.com/gb/app/barclays/id536248734
https://apps.apple.com/gb/app/bank-of-scotland-mobile-bank/id485728109
Barclays vs Bank of Scotland Account Fees & Charges
Barclays | Bank of Scotland | |
Free Business Bank Account | Yes | Yes |
Free Business Account Term Length | 12 Months | 12 Months |
Cheapest Monthly Account Fee | £8.50 | £8.50 |
Most Expensive Monthly Account Fee | £8.50 | £8.50 |
Electronic Payment Cost (in/out) | Free (up to 500 per month; 35p after) | Free / 20p |
Cash Payments Cost (in/out) | 60p per £100/Free | £85p / £1.50 per £100 |
Cheques (in/out) | 60p each/60p each | 85p per cheque |
CHAPS Payments Cost | £15 | £30 |
SEPA Payments Cost | 35p | £5 |
Barclays vs Bank of Scotland Business Savings Rates
Barclays | Bank of Scotland | |
Types of Business Savings Accounts | Instant access, Fixed-term Treasury Reserve Accounts | Fixed Term Deposit, Notice Accounts, Instant Access Account |
Lowest Savings Rate (AER) | 1.51% | 1.31% |
Maximum Savings Rate (AER) | 1.96% | 4.37% |
Minimum Savings Amount | £1 | £1 |
Interest Paid On Foreign Currencies | Yes | Yes |
Barclays vs Bank of Scotland Account Opening Times
Barclays | Bank of Scotland | |
Can You Apply Online? | Yes | Yes |
How Long Does Opening An Account Typically Take? | Up to 7 Working Days | 7 Working days |
Do They Check Your Credit? | Yes | Yes |
Current Account Switch Service | Yes | Yes |
Barclays vs Bank of Scotland Features & Account Types


Barclays | Bank of Scotland | |
Business Current Account | Yes | Yes |
Business Savings Account | Yes | Yes |
Business Credit Card | Yes, via Barclaycard | Yes |
Business Overdraft | Yes | Yes |
Accounts For Startups | Yes | Yes |
Accounts For Charities | Yes | Yes |
Accounts For Sole Traders | Yes | Yes |
Joint Business Accounts Available | Yes | Yes |
Card Type | Mastercard | Visa |
Online Banking | Yes | Yes |
Mobile Banking | Yes | Yes |
In Person/Branch Banking | Yes | Yes |
Branch Locations | UK-wide | Scotland only |
Barclays vs Bank of Scotland Customer Support Options
Barclays | Bank of Scotland | |
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 | Yes |
Barclays vs Bank of Scotland Foreign Currency Accounts
Barclays | Bank of Scotland | |
US Dollar (USD) Bank Accounts | Yes | Yes |
Euro (EUR) Bank Accounts | Yes | Yes |
Other Currencies Available: |
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Other Business Services From Barclays and Bank of Scotland


Barclays | Bank of Scotland | |
Business Loans | Yes | Yes |
Commercial Mortgages | Yes | Yes |
Invoice Financing | Yes | Yes |
International Payments | Yes | Yes |
Merchant Payment Services | Yes, via Barclaycard | Yes |
Card Machines | Yes, via Barclaycard | Yes |
Free Accounting Software | Yes, FreshBooks | Yes |
Barclays vs Bank of Scotland Banking Basics
Barclays | Bank of Scotland | |
Bank Type | High Street | High Street |
FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
FCA Number | 122702 | 169628 |
Website | Barclays Website | Bank of Scotland Website |
Common Comparison Questions
Does Barclays or Bank of Scotland have better customer reviews?
Barclays scores 1.4 out of 5 based 9,859 Trustpilot reviews. Of these reviews 8% are 5-star and 86% are 1-star.
Whereas, Bank of Scotland scores 1.6 out of 5 based 649 Trustpilot reviews. Of which 12% are 5-star and 80% are 1-star.
Does Barclays or Bank of Scotland have a better App?
Barclays’s iPhone App is rated 4.8 out of 5 based on 1,700,000 reviews. And it’s Android App is rated 4.8 out of 5 based on 506,000 reviews.
In comparison, 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.
Does Barclays or Bank of Scotland have better business savings rates?
Barclays offers the following types of business savings accounts: Instant access, Fixed-term Treasury Reserve Accounts with interest rates ranging from 1.51% to 1.96%. (AER)
In contrast, Bank of Scotland offers Fixed Term Deposit, Notice Accounts, Instant Access Account accounts with interest rates ranging from 1.31% to 4.37% (AER).
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Barclays vs RBS (Royal Bank of Scotland)
For other business bank accounts see our guide here.