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Barclays VS Cater Allen: Business Banking Review & Fee Comparison


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

Is Barclays or Cater Allen better for your small business?



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Below we look at both Barclays 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.

Barclays Homepage
Barclays Homepage


Cater Allen Homepage
Cater Allen Homepage
 

Barclays vs Cater Allen Trustpilot Reviews

BarclaysCater Allen
Trustpilot Review Score (out of 5)1.41.9
Percent 5-Star Reviews8%7%
Percent 1- Star Reviews86%80%
Total Number of Reviews9,859136
Sources:
https://www.trustpilot.com/review/www.barclays.co.uk
https://www.trustpilot.com/review/www.caterallen.co.uk

Barclays vs Cater Allen App Reviews

BarclaysCater Allen
iPhone Review Score (out of 5)4.8No Rating
Number of iPhone Reviews1,700,000No Reviews
Android Review Score (out of 5)4.8No Rating
Number of Android Reviews506,000No Reviews
Sources:
https://apps.apple.com/gb/app/barclays/id536248734
https://www.apple.com/uk/app-store/

Barclays vs Cater Allen Account Fees & Charges

BarclaysCater Allen
Free Business Bank AccountYesNo
Free Business Account Term Length12 MonthsNA
Cheapest Monthly Account Fee£8.50Free
Most Expensive Monthly Account Fee£8.50£25
Electronic Payment Cost (in/out)Free (up to 500 per month; 35p after)£2
Cash Payments Cost (in/out)60p per £100/FreeFree
Cheques (in/out)60p each/60p each£6
CHAPS Payments Cost£15£25
SEPA Payments Cost35p£2

Barclays vs Cater Allen Business Savings Rates

BarclaysCater Allen
Types of Business Savings AccountsInstant access, Fixed-term Treasury Reserve AccountsFixed Term, Notice Account
Lowest Savings Rate (AER)1.51%3.00%
Maximum Savings Rate (AER)1.96%4.70%
Minimum Savings Amount£1No
Interest Paid On Foreign CurrenciesYesYes
 

Barclays vs Cater Allen Account Opening Times

BarclaysCater Allen
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
Up to 7 Working Days7 days
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesNo

Barclays vs Cater Allen Features & Account Types

Barclays Account Types
Barclays Features & Account Types


Cater Allen Account Types
Cater Allen Features & Account Types


BarclaysCater Allen
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYes, via BarclaycardNo
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsUK-wideNone, online and phone only

Barclays vs Cater Allen Customer Support Options

BarclaysCater Allen
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportYesNo

Barclays vs Cater Allen Foreign Currency Accounts

BarclaysCater Allen
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Chinese Yuan (CNY)
  • Czech Koruna (CZK)
  • Danish Krone (DKK)
  • Hong Kong Dollar (HKD)
  • Japanese Yen (JPY)
  • New Zealand Dollar (NZD)
  • Norwegian Krone (NOK)
  • Polish Zloty (PLN)
  • Singapore Dollar (SGD)
  • South African Rand (ZAR)
  • Swedish Krona (SEK)
  • Swiss Franc (CHF)
  • UAE Dirham (AED)
  • CHF (Swiss Franc)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • SGD (Singapore Dollar)
  • HKD (Hong Kong Dollar)

Other Business Services From Barclays and Cater Allen

Barclays Account Types
Other Barclays Services


Cater Allen Account Types
Other Cater Allen Services


BarclaysCater Allen
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesYes, via BarclaycardNo
Card MachinesYes, via BarclaycardNo
Free Accounting SoftwareYes, FreshBooksNo

Barclays vs Cater Allen Banking Basics

BarclaysCater Allen
Bank TypeHigh StreetHigh Street
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number122702178737
WebsiteBarclays WebsiteCater Allen Website

Common Comparison Questions

Does Barclays or Cater Allen 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, Cater Allen scores 1.9 out of 5 based 136 Trustpilot reviews. Of which 7% are 5-star and 80% are 1-star.

Does Barclays or Cater Allen 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, 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 Barclays or Cater Allen 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, Cater Allen offers Fixed Term, Notice Account accounts with interest rates ranging from 3.00% to 4.70% (AER).

See Other Comparisons:
Barclays vs AIB (Allied Irish Bank)
Barclays vs Unity Trust
Barclays vs United Trust Bank
Barclays vs HSBC Kinetic
Barclays vs CardOneMoney


For other business bank accounts see our guide here.

 



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