Merchant Machine

Barclays VS GoSolo: Business Banking Review & Fee Comparison


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

Is Barclays or GoSolo better for your small business?



Compare UK Business Bank Accounts

Powered By BusinessBankAccounts.co.uk



Below we look at both Barclays and GoSolo 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


GoSolo Homepage
GoSolo Homepage
 

Barclays vs GoSolo Trustpilot Reviews

BarclaysGoSolo
Trustpilot Review Score (out of 5)1.42.6
Percent 5-Star Reviews8%39%
Percent 1- Star Reviews86%47%
Total Number of Reviews9,85974
Sources:
https://www.trustpilot.com/review/www.barclays.co.uk
https://www.trustpilot.com/review/gosolo.net

Barclays vs GoSolo App Reviews

BarclaysGoSolo
iPhone Review Score (out of 5)4.84.6
Number of iPhone Reviews1,700,00091
Android Review Score (out of 5)4.83.6
Number of Android Reviews506,00061
Sources:
https://apps.apple.com/gb/app/barclays/id536248734
https://apps.apple.com/gb/app/gosolo-smart-business-account/id1569028757

Barclays vs GoSolo Account Fees & Charges

BarclaysGoSolo
Free Business Bank AccountYesYes
Free Business Account Term Length12 Months12 Months
Cheapest Monthly Account Fee£8.50Free
Most Expensive Monthly Account Fee£8.50Free
Electronic Payment Cost (in/out)Free (up to 500 per month; 35p after)2% + 20p
Cash Payments Cost (in/out)60p per £100/Free£1.50
Cheques (in/out)60p each/60p each£2.69
CHAPS Payments Cost£15£15
SEPA Payments Cost35p30p

Barclays vs GoSolo Business Savings Rates

BarclaysGoSolo
Types of Business Savings AccountsInstant access, Fixed-term Treasury Reserve AccountsNone
Lowest Savings Rate (AER)1.51%NA
Maximum Savings Rate (AER)1.96%NA
Minimum Savings Amount£1NA
Interest Paid On Foreign CurrenciesYesNo
 

Barclays vs GoSolo Account Opening Times

BarclaysGoSolo
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
Up to 7 Working DaysFew minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesYes

Barclays vs GoSolo Features & Account Types

Barclays Account Types
Barclays Features & Account Types


GoSolo Account Types
GoSolo Features & Account Types


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

Barclays vs GoSolo Customer Support Options

BarclaysGoSolo
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

Barclays vs GoSolo Foreign Currency Accounts

BarclaysGoSolo
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
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)
No

Other Business Services From Barclays and GoSolo

Barclays Account Types
Other Barclays Services


GoSolo Account Types
Other GoSolo Services


BarclaysGoSolo
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesYes, via BarclaycardNo
Card MachinesYes, via BarclaycardNo
Free Accounting SoftwareYes, FreshBooksYes

Barclays vs GoSolo Banking Basics

BarclaysGoSolo
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number122702902961
WebsiteBarclays WebsiteGoSolo Website

Common Comparison Questions

Does Barclays or GoSolo 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, GoSolo scores 2.6 out of 5 based 74 Trustpilot reviews. Of which 39% are 5-star and 47% are 1-star.

Does Barclays or GoSolo 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, GoSolo’s iPhone App is rated 4.6 out of 5 based on 91 reviews. And it’s Android App is rated 3.6 out of 5 based on 61 reviews.

Does Barclays or GoSolo 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, GoSolo offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Barclays vs 3S Money
Barclays vs MultiPass
Barclays vs Reliance Bank
Barclays vs SumUp Business Account
Barclays vs Cambridge & Counties Bank


For other business bank accounts see our guide here.

 



Please note: Merchant Machine is an information and comparison website only.
We do not provide merchant services nor can we recommend which solution is right for you and your business.
Blog · About · Privacy Policy · Terms of Use · Contact Us
Copyright © 2025 Brilliant British Ltd trading as Merchant Machine

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224