Is Cambridge Building Society or Charity Bank better for your small business?
Below we look at both Cambridge Building Society and Charity 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 vs Charity Bank Trustpilot Reviews
Cambridge Building Society | Charity Bank | |
Trustpilot Review Score (out of 5) | 3.1 | 3.3 |
Percent 5-Star Reviews | 53% | 33% |
Percent 1- Star Reviews | 47% | 34% |
Total Number of Reviews | 15 | 3 |
https://www.trustpilot.com/review/www.cambridgebs.co.uk
https://www.trustpilot.com/review/charitybank.org
Cambridge Building Society vs Charity Bank App Reviews
Cambridge Building Society | Charity Bank | |
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 Charity Bank Account Fees & Charges
Cambridge Building Society | Charity Bank | |
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 | Free |
Electronic Payment Cost (in/out) | Free | No |
Cash Payments Cost (in/out) | £1.50 | Free |
Cheques (in/out) | Free | Free |
CHAPS Payments Cost | No | £10 |
SEPA Payments Cost | No | 20p |
Cambridge Building Society vs Charity Bank Business Savings Rates
Cambridge Building Society | Charity Bank | |
Types of Business Savings Accounts | Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond | CITR accounts, Easy Access, Notice Accounts, Fixed Account |
Lowest Savings Rate (AER) | 2.90% | 2.02% |
Maximum Savings Rate (AER) | 4.25% | 4.51% |
Minimum Savings Amount | £1,000 | £1,000 |
Interest Paid On Foreign Currencies | No | No |
Cambridge Building Society vs Charity Bank Account Opening Times
Cambridge Building Society | Charity Bank | |
Can You Apply Online? | Yes | Yes |
How Long Does Opening An Account Typically Take? | Undisclosed | Undisclosed |
Do They Check Your Credit? | Yes | Yes |
Current Account Switch Service | No | Yes |
Cambridge Building Society vs Charity Bank Features & Account Types


Cambridge Building Society | Charity Bank | |
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 | No |
In Person/Branch Banking | Yes | No |
Branch Locations | Locations around Cambridge | Tonbridge |
Cambridge Building Society vs Charity Bank Customer Support Options
Cambridge Building Society | Charity Bank | |
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 Charity Bank Foreign Currency Accounts
Cambridge Building Society | Charity Bank | |
US Dollar (USD) Bank Accounts | No | No |
Euro (EUR) Bank Accounts | No | No |
Other Currencies Available: | No | No |
Other Business Services From Cambridge Building Society and Charity Bank


Cambridge Building Society | Charity Bank | |
Business Loans | Yes | Yes |
Commercial Mortgages | Yes | Yes |
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 Charity Bank Banking Basics
Cambridge Building Society | Charity Bank | |
Bank Type | Building Society | Challenger |
FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
FCA Number | 157223 | 207701 |
Website | Cambridge Building Society Website | Charity Bank Website |
Common Comparison Questions
Does Cambridge Building Society or Charity 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, Charity Bank scores 3.3 out of 5 based 3 Trustpilot reviews. Of which 33% are 5-star and 34% are 1-star.
Does Cambridge Building Society or Charity 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, Charity Bank’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 Charity 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, Charity Bank offers CITR accounts, Easy Access, Notice Accounts, Fixed Account accounts with interest rates ranging from 2.02% to 4.51% (AER).
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For other business bank accounts see our guide here.