Is Cambridge Building Society or Cater Allen better for your small business?
Below we look at both Cambridge Building Society 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.
Cambridge Building Society vs Cater Allen Trustpilot Reviews
| Cambridge Building Society | Cater Allen | |
| Trustpilot Review Score (out of 5) | 3.1 | 1.9 |
| Percent 5-Star Reviews | 53% | 7% |
| Percent 1- Star Reviews | 47% | 80% |
| Total Number of Reviews | 15 | 136 |
https://www.trustpilot.com/review/www.cambridgebs.co.uk
https://www.trustpilot.com/review/www.caterallen.co.uk
Cambridge Building Society vs Cater Allen App Reviews
| Cambridge Building Society | Cater Allen | |
| iPhone Review Score (out of 5) | 4 | No Rating |
| Number of iPhone Reviews | 35 | No Reviews |
| Android Review Score (out of 5) | 2.6 | No Rating |
| Number of Android Reviews | 29 | No Reviews |
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229
https://www.apple.com/uk/app-store/
Cambridge Building Society vs Cater Allen Account Fees & Charges
| Cambridge Building Society | Cater Allen | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | £10 | Free |
| Most Expensive Monthly Account Fee | £20 | £25 |
| Electronic Payment Cost (in/out) | Free | £2 |
| Cash Payments Cost (in/out) | £1.50 | Free |
| Cheques (in/out) | Free | £6 |
| CHAPS Payments Cost | No | £25 |
| SEPA Payments Cost | No | £2 |
Cambridge Building Society vs Cater Allen Business Savings Rates
| Cambridge Building Society | Cater Allen | |
| Types of Business Savings Accounts | Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond | Fixed Term, Notice Account |
| Lowest Savings Rate (AER) | 2.90% | 3.00% |
| Maximum Savings Rate (AER) | 4.25% | 4.70% |
| Minimum Savings Amount | £1,000 | No |
| Interest Paid On Foreign Currencies | No | Yes |
Cambridge Building Society vs Cater Allen Account Opening Times
| Cambridge Building Society | Cater Allen | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Undisclosed | 7 days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | No | No |
Cambridge Building Society vs Cater Allen Features & Account Types
| Cambridge Building Society | Cater Allen | |
| Business Current Account | No | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | No | No |
| Business Overdraft | No | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | None | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Locations around Cambridge | None, online and phone only |
Cambridge Building Society vs Cater Allen Customer Support Options
| Cambridge Building Society | Cater Allen | |
| 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 |
Cambridge Building Society vs Cater Allen Foreign Currency Accounts
| Cambridge Building Society | Cater Allen | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Cambridge Building Society and Cater Allen
| Cambridge Building Society | Cater Allen | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | No | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | No |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Cambridge Building Society vs Cater Allen Banking Basics
| Cambridge Building Society | Cater Allen | |
| Bank Type | Building Society | High Street |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 157223 | 178737 |
| Website | Cambridge Building Society Website | Cater Allen Website |
Common Comparison Questions
Does Cambridge Building Society or Cater Allen 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, Cater Allen scores 1.9 out of 5 based 136 Trustpilot reviews. Of which 7% are 5-star and 80% are 1-star.
Does Cambridge Building Society or Cater Allen 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, 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 Cambridge Building Society or Cater Allen 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, Cater Allen offers Fixed Term, Notice Account accounts with interest rates ranging from 3.00% to 4.70% (AER).
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For other business bank accounts see our guide here.