Merchant Machine

Cambridge Building Society VS GoSolo: Business Banking Review & Fee Comparison


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

Is Cambridge Building Society or GoSolo better for your small business?



Compare UK Business Bank Accounts

Powered By BusinessBankAccounts.co.uk



Below we look at both Cambridge Building Society and GoSolo 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


GoSolo Homepage
GoSolo Homepage
 

Cambridge Building Society vs GoSolo Trustpilot Reviews

Cambridge Building SocietyGoSolo
Trustpilot Review Score (out of 5)3.12.6
Percent 5-Star Reviews53%39%
Percent 1- Star Reviews47%47%
Total Number of Reviews1574
Sources:
https://www.trustpilot.com/review/www.cambridgebs.co.uk
https://www.trustpilot.com/review/gosolo.net

Cambridge Building Society vs GoSolo App Reviews

Cambridge Building SocietyGoSolo
iPhone Review Score (out of 5)44.6
Number of iPhone Reviews3591
Android Review Score (out of 5)2.63.6
Number of Android Reviews2961
Sources:
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229
https://apps.apple.com/gb/app/gosolo-smart-business-account/id1569028757

Cambridge Building Society vs GoSolo Account Fees & Charges

Cambridge Building SocietyGoSolo
Free Business Bank AccountNoYes
Free Business Account Term LengthNA12 Months
Cheapest Monthly Account Fee£10Free
Most Expensive Monthly Account Fee£20Free
Electronic Payment Cost (in/out)Free2% + 20p
Cash Payments Cost (in/out)£1.50£1.50
Cheques (in/out)Free£2.69
CHAPS Payments CostNo£15
SEPA Payments CostNo30p

Cambridge Building Society vs GoSolo Business Savings Rates

Cambridge Building SocietyGoSolo
Types of Business Savings AccountsBusiness Saver, Council Saver, Notice Business Saver, Fixed Rate Business BondNone
Lowest Savings Rate (AER)2.90%NA
Maximum Savings Rate (AER)4.25%NA
Minimum Savings Amount£1,000NA
Interest Paid On Foreign CurrenciesNoNo
 

Cambridge Building Society vs GoSolo Account Opening Times

Cambridge Building SocietyGoSolo
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
UndisclosedFew minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceNoYes

Cambridge Building Society vs GoSolo Features & Account Types

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


GoSolo Account Types
GoSolo Features & Account Types


Cambridge Building SocietyGoSolo
Business Current AccountNoYes
Business Savings AccountYesNo
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesYesNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeNoneMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsLocations around CambridgeNone, online only

Cambridge Building Society vs GoSolo Customer Support Options

Cambridge Building SocietyGoSolo
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

Cambridge Building Society vs GoSolo Foreign Currency Accounts

Cambridge Building SocietyGoSolo
US Dollar (USD) Bank AccountsNoNo
Euro (EUR) Bank AccountsNoNo
Other Currencies Available:NoNo

Other Business Services From Cambridge Building Society and GoSolo

Cambridge Building Society Account Types
Other Cambridge Building Society Services


GoSolo Account Types
Other GoSolo Services


Cambridge Building SocietyGoSolo
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoYes

Cambridge Building Society vs GoSolo Banking Basics

Cambridge Building SocietyGoSolo
Bank TypeBuilding SocietyChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number157223902961
WebsiteCambridge Building Society WebsiteGoSolo Website

Common Comparison Questions

Does Cambridge Building Society or GoSolo 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, GoSolo scores 2.6 out of 5 based 74 Trustpilot reviews. Of which 39% are 5-star and 47% are 1-star.

Does Cambridge Building Society or GoSolo 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, GoSolo’s iPhone App is rated 4.6 out of 5 based on 91 reviews. And it’s Android App is rated 3.6 out of 5 based on 61 reviews.

Does Cambridge Building Society or GoSolo 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, GoSolo offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Cambridge Building Society vs 3S Money
Cambridge Building Society vs MultiPass
Cambridge Building Society vs Reliance Bank
Cambridge Building Society vs SumUp Business Account
Cambridge Building Society vs Cambridge & Counties Bank


For other business bank accounts see our guide here.

 



Please note: Merchant Machine is an information and comparison website only.
We do not provide merchant services nor can we recommend which solution is right for you and your business.
Blog · About · Privacy Policy · Terms of Use · Contact Us
Copyright © 2025 Brilliant British Ltd trading as Merchant Machine

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224