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Cambridge Building Society VS AIB (Allied Irish Bank): Business Banking Review & Fee Comparison


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

Is Cambridge Building Society or AIB (Allied Irish Bank) better for your small business?



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Below we look at both Cambridge Building Society and AIB (Allied Irish 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.

Cambridge Building Society Homepage
Cambridge Building Society Homepage


AIB (Allied Irish Bank) Homepage
AIB (Allied Irish Bank) Homepage
 

Cambridge Building Society vs AIB (Allied Irish Bank) Trustpilot Reviews

Cambridge Building SocietyAIB (Allied Irish Bank)
Trustpilot Review Score (out of 5)3.12.8
Percent 5-Star Reviews53%20%
Percent 1- Star Reviews47%70%
Total Number of Reviews1510
Sources:
https://www.trustpilot.com/review/www.cambridgebs.co.uk
https://www.trustpilot.com/review/aibgb.co.uk

Cambridge Building Society vs AIB (Allied Irish Bank) App Reviews

Cambridge Building SocietyAIB (Allied Irish Bank)
iPhone Review Score (out of 5)41.7
Number of iPhone Reviews35227
Android Review Score (out of 5)2.61.9
Number of Android Reviews2921,400
Sources:
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229
https://apps.apple.com/gb/app/aib-mobile/id468042881

Cambridge Building Society vs AIB (Allied Irish Bank) Account Fees & Charges

Cambridge Building SocietyAIB (Allied Irish Bank)
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£10£10
Most Expensive Monthly Account Fee£20£10
Electronic Payment Cost (in/out)Free35p
Cash Payments Cost (in/out)£1.5065p per £100
Cheques (in/out)Free70p
CHAPS Payments CostNo£25
SEPA Payments CostNo£20

Cambridge Building Society vs AIB (Allied Irish Bank) Business Savings Rates

Cambridge Building SocietyAIB (Allied Irish Bank)
Types of Business Savings AccountsBusiness Saver, Council Saver, Notice Business Saver, Fixed Rate Business BondDemand deposit account, Business fixed term deposit account, Currency deposit account
Lowest Savings Rate (AER)2.90%0.25%
Maximum Savings Rate (AER)4.25%3.02%
Minimum Savings Amount£1,000£1
Interest Paid On Foreign CurrenciesNoYes
 

Cambridge Building Society vs AIB (Allied Irish Bank) Account Opening Times

Cambridge Building SocietyAIB (Allied Irish Bank)
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
Undisclosed15 minutes
Do They Check Your Credit?YesYes
Current Account Switch ServiceNoYes

Cambridge Building Society vs AIB (Allied Irish Bank) Features & Account Types

Cambridge Building Society Account Types
Cambridge Building Society Features & Account Types


AIB (Allied Irish Bank) Account Types
AIB (Allied Irish Bank) Features & Account Types


Cambridge Building SocietyAIB (Allied Irish Bank)
Business Current AccountNoYes
Business Savings AccountYesYes
Business Credit CardNoYes
Business OverdraftNoYes
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeNoneVisa
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesYes
Branch LocationsLocations around CambridgeBelfast, London and Dublin

Cambridge Building Society vs AIB (Allied Irish Bank) Customer Support Options

Cambridge Building SocietyAIB (Allied Irish Bank)
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesYes

Cambridge Building Society vs AIB (Allied Irish Bank) Foreign Currency Accounts

Cambridge Building SocietyAIB (Allied Irish Bank)
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:No
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Japanese Yen (JPY)
  • Chinese Yuan (CNY)
  • Singapore Dollar (SGD)

Other Business Services From Cambridge Building Society and AIB (Allied Irish Bank)

Cambridge Building Society Account Types
Other Cambridge Building Society Services


AIB (Allied Irish Bank) Account Types
Other AIB (Allied Irish Bank) Services


Cambridge Building SocietyAIB (Allied Irish Bank)
Business LoansYesYes
Commercial MortgagesYesYes
Invoice FinancingNoYes
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoYes
Free Accounting SoftwareNoNo

Cambridge Building Society vs AIB (Allied Irish Bank) Banking Basics

Cambridge Building SocietyAIB (Allied Irish Bank)
Bank TypeBuilding SocietyHigh Street
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number157223204793
WebsiteCambridge Building Society WebsiteAIB (Allied Irish Bank) Website

Common Comparison Questions

Does Cambridge Building Society or AIB (Allied Irish Bank) have better customer reviews?

Cambridge Building Society scores 3.1 out of 5 based 15 Trustpilot reviews. Of these reviews 53% are 5-star and 47% are 1-star.

Whereas, AIB (Allied Irish Bank) scores 2.8 out of 5 based 10 Trustpilot reviews. Of which 20% are 5-star and 70% are 1-star.

Does Cambridge Building Society or AIB (Allied Irish Bank) have a better App?

Cambridge Building Society’s iPhone App is rated 4 out of 5 based on 35 reviews. And it’s Android App is rated 2.6 out of 5 based on 29 reviews.

In comparison, AIB (Allied Irish Bank)’s iPhone App is rated 1.7 out of 5 based on 227 reviews. And it’s Android App is rated 1.9 out of 5 based on 21,400 reviews.

Does Cambridge Building Society or AIB (Allied Irish Bank) have better business savings rates?

Cambridge Building Society offers the following types of business savings accounts: Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond with interest rates ranging from 2.90% to 4.25%. (AER)

In contrast, AIB (Allied Irish Bank) offers Demand deposit account, Business fixed term deposit account, Currency deposit account accounts with interest rates ranging from 0.25% to 3.02% (AER).

See Other Comparisons:
Cambridge Building Society vs Unity Trust
Cambridge Building Society vs United Trust Bank
Cambridge Building Society vs HSBC Kinetic
Cambridge Building Society vs CardOneMoney
Cambridge Building Society vs Fair Everywhere


For other business bank accounts see our guide here.

 



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