Is Barclays or Unity Trust better for your small business?
Below we look at both Barclays and Unity Trust 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 Unity Trust Trustpilot Reviews
| Barclays | Unity Trust | |
| Trustpilot Review Score (out of 5) | 1.4 | 4 |
| Percent 5-Star Reviews | 8% | 61% |
| Percent 1- Star Reviews | 86% | 14% |
| Total Number of Reviews | 9,859 | 255 |
https://www.trustpilot.com/review/www.barclays.co.uk
https://www.trustpilot.com/review/unity.co.uk
Barclays vs Unity Trust App Reviews
| Barclays | Unity Trust | |
| iPhone Review Score (out of 5) | 4.8 | No Rating |
| Number of iPhone Reviews | 1,700,000 | No Reviews |
| 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://www.apple.com/uk/app-store/
Barclays vs Unity Trust Account Fees & Charges
| Barclays | Unity Trust | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 12 Months | NA |
| Cheapest Monthly Account Fee | £8.50 | £6 |
| Most Expensive Monthly Account Fee | £8.50 | £6 |
| Electronic Payment Cost (in/out) | Free (up to 500 per month; 35p after) | 14p |
| Cash Payments Cost (in/out) | 60p per £100/Free | 50p per £100 |
| Cheques (in/out) | 60p each/60p each | 30p per item |
| CHAPS Payments Cost | £15 | £28 |
| SEPA Payments Cost | 35p | 25p |
Barclays vs Unity Trust Business Savings Rates
| Barclays | Unity Trust | |
| Types of Business Savings Accounts | Instant access, Fixed-term Treasury Reserve Accounts | Instant Access, Fixed Term |
| Lowest Savings Rate (AER) | 1.51% | 2.77% |
| Maximum Savings Rate (AER) | 1.96% | 5.10% |
| Minimum Savings Amount | £1 | No |
| Interest Paid On Foreign Currencies | Yes | Yes |
Barclays vs Unity Trust Account Opening Times
| Barclays | Unity Trust | |
| 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 Unity Trust Features & Account Types
| Barclays | Unity Trust | |
| 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 | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | No |
| In Person/Branch Banking | Yes | No |
| Branch Locations | UK-wide | No own branches but can use NatWest, RBS or Ulster Bank locations |
Barclays vs Unity Trust Customer Support Options
| Barclays | Unity Trust | |
| 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 | No |
Barclays vs Unity Trust Foreign Currency Accounts
| Barclays | Unity Trust | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
|
|
Other Business Services From Barclays and Unity Trust
| Barclays | Unity Trust | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes, via Barclaycard | Yes |
| Card Machines | Yes, via Barclaycard | No |
| Free Accounting Software | Yes, FreshBooks | No |
Barclays vs Unity Trust Banking Basics
| Barclays | Unity Trust | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 122702 | 204570 |
| Website | Barclays Website | Unity Trust Website |
Common Comparison Questions
Does Barclays or Unity Trust 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, Unity Trust scores 4 out of 5 based 255 Trustpilot reviews. Of which 61% are 5-star and 14% are 1-star.
Does Barclays or Unity Trust 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, Unity Trust’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 Unity Trust 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, Unity Trust offers Instant Access, Fixed Term accounts with interest rates ranging from 2.77% to 5.10% (AER).
See Other Comparisons:Barclays vs United Trust Bank
Barclays vs HSBC Kinetic
Barclays vs CardOneMoney
Barclays vs Fair Everywhere
Barclays vs Countingup
For other business bank accounts see our guide here.