Is Zempler Bank (formerly Cashplus) or PayPal Debit better for your small business?
Below we look at both Zempler Bank (formerly Cashplus) and PayPal Debit 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.
Zempler Bank (formerly Cashplus) vs PayPal Debit Trustpilot Reviews
| Zempler Bank (formerly Cashplus) | PayPal Debit | |
| Trustpilot Review Score (out of 5) | 3.7 | 1.4 |
| Percent 5-Star Reviews | 54% | 20% |
| Percent 1- Star Reviews | 30% | 73% |
| Total Number of Reviews | 9,921 | 5,277 |
https://www.trustpilot.com/review/www.cashplus.com
https://www.trustpilot.com/review/www.paypal.co.uk
Zempler Bank (formerly Cashplus) vs PayPal Debit App Reviews
| Zempler Bank (formerly Cashplus) | PayPal Debit | |
| iPhone Review Score (out of 5) | 4.7 | 4.1 |
| Number of iPhone Reviews | 48,000 | 1,600 |
| Android Review Score (out of 5) | 4.5 | 3.3 |
| Number of Android Reviews | 23,400 | 91,500 |
https://apps.apple.com/gb/app/cashplus-bank/id709473017
https://apps.apple.com/gb/app/paypal-business/id1053148887
Zempler Bank (formerly Cashplus) vs PayPal Debit Account Fees & Charges
| Zempler Bank (formerly Cashplus) | PayPal Debit | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | No Limit | NA |
| Cheapest Monthly Account Fee | No | No |
| Most Expensive Monthly Account Fee | £9 | No |
| Electronic Payment Cost (in/out) | Free / 30p | Free |
| Cash Payments Cost (in/out) | 0.5% / £2 | Free |
| Cheques (in/out) | Unknown | Free |
| CHAPS Payments Cost | £20 | No |
| SEPA Payments Cost | £15 | No |
Zempler Bank (formerly Cashplus) vs PayPal Debit Business Savings Rates
| Zempler Bank (formerly Cashplus) | PayPal Debit | |
| Types of Business Savings Accounts | None | None |
| Lowest Savings Rate (AER) | NA | NA |
| Maximum Savings Rate (AER) | NA | NA |
| Minimum Savings Amount | NA | NA |
| Interest Paid On Foreign Currencies | No | Yes |
Zempler Bank (formerly Cashplus) vs PayPal Debit Account Opening Times
| Zempler Bank (formerly Cashplus) | PayPal Debit | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 1 day | Few minutes |
| Do They Check Your Credit? | No | No |
| Current Account Switch Service | No | Yes |
Zempler Bank (formerly Cashplus) vs PayPal Debit Features & Account Types
| Zempler Bank (formerly Cashplus) | PayPal Debit | |
| Business Current Account | Yes | Yes |
| Business Savings Account | No | No |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | No |
| Accounts For Sole Traders | Yes | No |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | No |
| Branch Locations | None, online only | None, online only |
Zempler Bank (formerly Cashplus) vs PayPal Debit Customer Support Options
| Zempler Bank (formerly Cashplus) | PayPal Debit | |
| Phone Support Available | Yes | No |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | No |
Zempler Bank (formerly Cashplus) vs PayPal Debit Foreign Currency Accounts
| Zempler Bank (formerly Cashplus) | PayPal Debit | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Zempler Bank (formerly Cashplus) and PayPal Debit
| Zempler Bank (formerly Cashplus) | PayPal Debit | |
| Business Loans | Yes | No |
| Commercial Mortgages | No | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | Yes |
Zempler Bank (formerly Cashplus) vs PayPal Debit Banking Basics
| Zempler Bank (formerly Cashplus) | PayPal Debit | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 671140 | 742277 |
| Website | Zempler Bank (formerly Cashplus) Website | PayPal Debit Website |
Common Comparison Questions
Does Zempler Bank (formerly Cashplus) or PayPal Debit have better customer reviews?
Zempler Bank (formerly Cashplus) scores 3.7 out of 5 based 9,921 Trustpilot reviews. Of these reviews 54% are 5-star and 30% are 1-star.
Whereas, PayPal Debit scores 1.4 out of 5 based 5,277 Trustpilot reviews. Of which 20% are 5-star and 73% are 1-star.
Does Zempler Bank (formerly Cashplus) or PayPal Debit have a better App?
Zempler Bank (formerly Cashplus) ‘s iPhone App is rated 4.7 out of 5 based on 48,000 reviews. And it’s Android App is rated 4.5 out of 5 based on 23,400 reviews.
In comparison, PayPal Debit’s iPhone App is rated 4.1 out of 5 based on 1,600 reviews. And it’s Android App is rated 3.3 out of 5 based on 91,500 reviews.
Does Zempler Bank (formerly Cashplus) or PayPal Debit have better business savings rates?
Zempler Bank (formerly Cashplus) offers the following types of business savings accounts: None with interest rates ranging from NA to NA. (AER)
In contrast, PayPal Debit 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.