Is Cambridge Building Society or SumUp Business Account better for your small business?
Below we look at both Cambridge Building Society and SumUp Business Account 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 SumUp Business Account Trustpilot Reviews
| Cambridge Building Society | SumUp Business Account | |
| Trustpilot Review Score (out of 5) | 3.1 | 4.2 |
| Percent 5-Star Reviews | 53% | 64% |
| Percent 1- Star Reviews | 47% | 22% |
| Total Number of Reviews | 15 | 18,247 |
https://www.trustpilot.com/review/www.cambridgebs.co.uk
https://www.trustpilot.com/review/sumup.com
Cambridge Building Society vs SumUp Business Account App Reviews
| Cambridge Building Society | SumUp Business Account | |
| iPhone Review Score (out of 5) | 4 | 4.8 |
| Number of iPhone Reviews | 35 | 12,400 |
| Android Review Score (out of 5) | 2.6 | 4.7 |
| Number of Android Reviews | 29 | 84,500 |
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229
https://apps.apple.com/gb/app/sumup/id514879214
Cambridge Building Society vs SumUp Business Account Account Fees & Charges
| Cambridge Building Society | SumUp Business Account | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | No Limit |
| Cheapest Monthly Account Fee | £10 | No |
| Most Expensive Monthly Account Fee | £20 | No |
| Electronic Payment Cost (in/out) | Free | Free |
| Cash Payments Cost (in/out) | £1.50 | Free |
| Cheques (in/out) | Free | Free |
| CHAPS Payments Cost | No | No |
| SEPA Payments Cost | No | No |
Cambridge Building Society vs SumUp Business Account Business Savings Rates
| Cambridge Building Society | SumUp Business Account | |
| Types of Business Savings Accounts | Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond | None |
| Lowest Savings Rate (AER) | 2.90% | NA |
| Maximum Savings Rate (AER) | 4.25% | NA |
| Minimum Savings Amount | £1,000 | NA |
| Interest Paid On Foreign Currencies | No | No |
Cambridge Building Society vs SumUp Business Account Account Opening Times
| Cambridge Building Society | SumUp Business Account | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Undisclosed | 10 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | No | No |
Cambridge Building Society vs SumUp Business Account Features & Account Types
| Cambridge Building Society | SumUp Business Account | |
| Business Current Account | No | Yes |
| Business Savings Account | Yes | No |
| 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 | No |
| 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 only |
Cambridge Building Society vs SumUp Business Account Customer Support Options
| Cambridge Building Society | SumUp Business Account | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
Cambridge Building Society vs SumUp Business Account Foreign Currency Accounts
| Cambridge Building Society | SumUp Business Account | |
| 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 SumUp Business Account
| Cambridge Building Society | SumUp Business Account | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | No | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | No |
Cambridge Building Society vs SumUp Business Account Banking Basics
| Cambridge Building Society | SumUp Business Account | |
| Bank Type | Building Society | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 157223 | 900700 |
| Website | Cambridge Building Society Website | SumUp Business Account Website |
Common Comparison Questions
Does Cambridge Building Society or SumUp Business Account 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, SumUp Business Account scores 4.2 out of 5 based 18,247 Trustpilot reviews. Of which 64% are 5-star and 22% are 1-star.
Does Cambridge Building Society or SumUp Business Account 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, SumUp Business Account’s iPhone App is rated 4.8 out of 5 based on 12,400 reviews. And it’s Android App is rated 4.7 out of 5 based on 84,500 reviews.
Does Cambridge Building Society or SumUp Business Account 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, SumUp Business Account offers None accounts with interest rates ranging from NA to NA (AER).
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For other business bank accounts see our guide here.