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Cambridge Building Society VS Unity Trust: Business Banking Review & Fee Comparison


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

Is Cambridge Building Society or Unity Trust better for your small business?



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Below we look at both Cambridge Building Society and Unity Trust 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


Unity Trust Homepage
Unity Trust Homepage
 

Cambridge Building Society vs Unity Trust Trustpilot Reviews

Cambridge Building SocietyUnity Trust
Trustpilot Review Score (out of 5)3.14
Percent 5-Star Reviews53%61%
Percent 1- Star Reviews47%14%
Total Number of Reviews15255
Sources:
https://www.trustpilot.com/review/www.cambridgebs.co.uk
https://www.trustpilot.com/review/unity.co.uk

Cambridge Building Society vs Unity Trust App Reviews

Cambridge Building SocietyUnity Trust
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 Unity Trust Account Fees & Charges

Cambridge Building SocietyUnity Trust
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£10£6
Most Expensive Monthly Account Fee£20£6
Electronic Payment Cost (in/out)Free14p
Cash Payments Cost (in/out)£1.5050p per £100
Cheques (in/out)Free30p per item
CHAPS Payments CostNo£28
SEPA Payments CostNo25p

Cambridge Building Society vs Unity Trust Business Savings Rates

Cambridge Building SocietyUnity Trust
Types of Business Savings AccountsBusiness Saver, Council Saver, Notice Business Saver, Fixed Rate Business BondInstant Access, Fixed Term
Lowest Savings Rate (AER)2.90%2.77%
Maximum Savings Rate (AER)4.25%5.10%
Minimum Savings Amount£1,000No
Interest Paid On Foreign CurrenciesNoYes
 

Cambridge Building Society vs Unity Trust Account Opening Times

Cambridge Building SocietyUnity Trust
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
Undisclosed7 Working days
Do They Check Your Credit?YesYes
Current Account Switch ServiceNoYes

Cambridge Building Society vs Unity Trust Features & Account Types

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


Unity Trust Account Types
Unity Trust Features & Account Types


Cambridge Building SocietyUnity Trust
Business Current AccountNoYes
Business Savings AccountYesYes
Business Credit CardNoNo
Business OverdraftNoYes
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeNoneMastercard
Online BankingYesYes
Mobile BankingYesNo
In Person/Branch BankingYesNo
Branch LocationsLocations around CambridgeNo own branches but can use NatWest, RBS or Ulster Bank locations

Cambridge Building Society vs Unity Trust Customer Support Options

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

Cambridge Building Society vs Unity Trust Foreign Currency Accounts

Cambridge Building SocietyUnity Trust
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:No
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Danish Krone (DKK)
  • Norwegian Krone (NOK)
  • Swedish Krona (SEK)
  • New Zealand Dollar (NZD)
  • Japanese Yen (JPY)

Other Business Services From Cambridge Building Society and Unity Trust

Cambridge Building Society Account Types
Other Cambridge Building Society Services


Unity Trust Account Types
Other Unity Trust Services


Cambridge Building SocietyUnity Trust
Business LoansYesYes
Commercial MortgagesYesYes
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoNo
Free Accounting SoftwareNoNo

Cambridge Building Society vs Unity Trust Banking Basics

Cambridge Building SocietyUnity Trust
Bank TypeBuilding SocietyChallenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number157223204570
WebsiteCambridge Building Society WebsiteUnity Trust Website

Common Comparison Questions

Does Cambridge Building Society or Unity Trust 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, Unity Trust scores 4 out of 5 based 255 Trustpilot reviews. Of which 61% are 5-star and 14% are 1-star.

Does Cambridge Building Society or Unity Trust 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, Unity Trust’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 Unity Trust 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, Unity Trust offers Instant Access, Fixed Term accounts with interest rates ranging from 2.77% to 5.10% (AER).

See Other Comparisons:
Cambridge Building Society vs United Trust Bank
Cambridge Building Society vs HSBC Kinetic
Cambridge Building Society vs CardOneMoney
Cambridge Building Society vs Fair Everywhere
Cambridge Building Society vs Countingup


For other business bank accounts see our guide here.

 



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