Is Barclays or United Trust Bank better for your small business?
Below we look at both Barclays and United Trust Bank 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 United Trust Bank Trustpilot Reviews
| Barclays | United Trust Bank | |
| Trustpilot Review Score (out of 5) | 1.4 | 4.6 |
| Percent 5-Star Reviews | 8% | 78% |
| Percent 1- Star Reviews | 86% | 3% |
| Total Number of Reviews | 9,859 | 1,372 |
https://www.trustpilot.com/review/www.barclays.co.uk
https://www.trustpilot.com/review/utbank.co.uk
Barclays vs United Trust Bank App Reviews
| Barclays | United Trust Bank | |
| iPhone Review Score (out of 5) | 4.8 | 5 |
| Number of iPhone Reviews | 1,700,000 | 5 |
| Android Review Score (out of 5) | 4.8 | No Rating |
| Number of Android Reviews | 506,000 | No Reviews |
https://apps.apple.com/gb/app/barclays/id536248734
https://apps.apple.com/us/app/united-trust-bank/id6444029400
Barclays vs United Trust Bank Account Fees & Charges
| Barclays | United Trust Bank | |
| 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 | £25 |
| Electronic Payment Cost (in/out) | Free (up to 500 per month; 35p after) | Free |
| Cash Payments Cost (in/out) | 60p per £100/Free | Free / £1.50 |
| Cheques (in/out) | 60p each/60p each | Free / £2.50 |
| CHAPS Payments Cost | £15 | £25 |
| SEPA Payments Cost | 35p | No |
Barclays vs United Trust Bank Business Savings Rates
| Barclays | United Trust Bank | |
| Types of Business Savings Accounts | Instant access, Fixed-term Treasury Reserve Accounts | Fixed Term Business Bonds, Notice Accounts, Tracker Accounts |
| Lowest Savings Rate (AER) | 1.51% | 3.75% |
| Maximum Savings Rate (AER) | 1.96% | 5.25% |
| Minimum Savings Amount | £1 | £5,000 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Barclays vs United Trust Bank Account Opening Times
| Barclays | United Trust Bank | |
| 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 United Trust Bank Features & Account Types
| Barclays | United Trust Bank | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes, via Barclaycard | No |
| 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 | No |
| Branch Locations | UK-wide | London office only |
Barclays vs United Trust Bank Customer Support Options
| Barclays | United Trust Bank | |
| 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 |
Barclays vs United Trust Bank Foreign Currency Accounts
| Barclays | United Trust Bank | |
| 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 United Trust Bank
| Barclays | United Trust Bank | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes, via Barclaycard | No |
| Card Machines | Yes, via Barclaycard | No |
| Free Accounting Software | Yes, FreshBooks | No |
Barclays vs United Trust Bank Banking Basics
| Barclays | United Trust Bank | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 122702 | 204463 |
| Website | Barclays Website | United Trust Bank Website |
Common Comparison Questions
Does Barclays or United Trust Bank 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, United Trust Bank scores 4.6 out of 5 based 1,372 Trustpilot reviews. Of which 78% are 5-star and 3% are 1-star.
Does Barclays or United Trust Bank 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, United Trust Bank’s iPhone App is rated 5 out of 5 based on 5 reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.
Does Barclays or United Trust Bank 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, United Trust Bank offers Fixed Term Business Bonds, Notice Accounts, Tracker Accounts accounts with interest rates ranging from 3.75% to 5.25% (AER).
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For other business bank accounts see our guide here.