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


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

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



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Below we look at both Cambridge Building Society and MultiPass 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


MultiPass Homepage
MultiPass Homepage
 

Cambridge Building Society vs MultiPass Trustpilot Reviews

Cambridge Building SocietyMultiPass
Trustpilot Review Score (out of 5)3.14.5
Percent 5-Star Reviews53%81%
Percent 1- Star Reviews47%12%
Total Number of Reviews1574
Sources:
https://www.trustpilot.com/review/www.cambridgebs.co.uk
https://www.trustpilot.com/review/multipass.co

Cambridge Building Society vs MultiPass App Reviews

Cambridge Building SocietyMultiPass
iPhone Review Score (out of 5)4No Rating
Number of iPhone Reviews35No Reviews
Android Review Score (out of 5)2.6No Rating
Number of Android Reviews29No Reviews
Sources:
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229
https://www.apple.com/uk/app-store/

Cambridge Building Society vs MultiPass Account Fees & Charges

Cambridge Building SocietyMultiPass
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£10£29
Most Expensive Monthly Account Fee£20£250
Electronic Payment Cost (in/out)FreeFree + 50p
Cash Payments Cost (in/out)£1.50Free / £1 per £100
Cheques (in/out)FreeFree
CHAPS Payments CostNo£18
SEPA Payments CostNo€1

Cambridge Building Society vs MultiPass Business Savings Rates

Cambridge Building SocietyMultiPass
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 CurrenciesNoYes
 

Cambridge Building Society vs MultiPass Account Opening Times

Cambridge Building SocietyMultiPass
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
Undisclosed10 minutes
Do They Check Your Credit?YesYes
Current Account Switch ServiceNoNo

Cambridge Building Society vs MultiPass Features & Account Types

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


MultiPass Account Types
MultiPass Features & Account Types


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

Cambridge Building Society vs MultiPass Customer Support Options

Cambridge Building SocietyMultiPass
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportYesNo

Cambridge Building Society vs MultiPass Foreign Currency Accounts

Cambridge Building SocietyMultiPass
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:No
  • AZN
  • BRL
  • BYN
  • BGN
  • HRK
  • HUF
  • ILS
  • INR
  • KZT
  • KRW
  • LAK
  • LTL
  • MXN
  • MYR
  • NOK
  • PHP
  • PLN
  • RON
  • RUB
  • SEK
  • SGD
  • THB
  • TRY
  • UAH
  • VND
  • ZAR

Other Business Services From Cambridge Building Society and MultiPass

Cambridge Building Society Account Types
Other Cambridge Building Society Services


MultiPass Account Types
Other MultiPass Services


Cambridge Building SocietyMultiPass
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoNo
Free Accounting SoftwareNoNo

Cambridge Building Society vs MultiPass Banking Basics

Cambridge Building SocietyMultiPass
Bank TypeBuilding SocietyChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number157223900840
WebsiteCambridge Building Society WebsiteMultiPass Website

Common Comparison Questions

Does Cambridge Building Society or MultiPass 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, MultiPass scores 4.5 out of 5 based 74 Trustpilot reviews. Of which 81% are 5-star and 12% are 1-star.

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

See Other Comparisons:
Cambridge Building Society vs Reliance Bank
Cambridge Building Society vs SumUp Business Account
Cambridge Building Society vs Cambridge & Counties Bank
Cambridge Building Society vs Recognise Bank
Cambridge Building Society vs Dudley Building Society


For other business bank accounts see our guide here.

 



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