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Cater Allen VS CardOneMoney: Business Banking Review & Fee Comparison


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

Is Cater Allen or CardOneMoney better for your small business?



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Below we look at both Cater Allen and CardOneMoney 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.

Cater Allen Homepage
Cater Allen Homepage


CardOneMoney Homepage
CardOneMoney Homepage
 

Cater Allen vs CardOneMoney Trustpilot Reviews

Cater AllenCardOneMoney
Trustpilot Review Score (out of 5)1.94.6
Percent 5-Star Reviews7%85%
Percent 1- Star Reviews80%9%
Total Number of Reviews136798
Sources:
https://www.trustpilot.com/review/www.caterallen.co.uk
https://www.trustpilot.com/review/cardonemoney.com

Cater Allen vs CardOneMoney App Reviews

Cater AllenCardOneMoney
iPhone Review Score (out of 5)No Rating2.7
Number of iPhone ReviewsNo Reviews61
Android Review Score (out of 5)No Rating3.9
Number of Android ReviewsNo Reviews200
Sources:
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/card-one-money/id1133870045

Cater Allen vs CardOneMoney Account Fees & Charges

Cater AllenCardOneMoney
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account FeeFree£12.50
Most Expensive Monthly Account Fee£25£25
Electronic Payment Cost (in/out)£2Free
Cash Payments Cost (in/out)Free£1.50
Cheques (in/out)£6£5
CHAPS Payments Cost£25£30
SEPA Payments Cost£2No

Cater Allen vs CardOneMoney Business Savings Rates

Cater AllenCardOneMoney
Types of Business Savings AccountsFixed Term, Notice AccountNone
Lowest Savings Rate (AER)3.00%NA
Maximum Savings Rate (AER)4.70%NA
Minimum Savings AmountNoNA
Interest Paid On Foreign CurrenciesYesYes
 

Cater Allen vs CardOneMoney Account Opening Times

Cater AllenCardOneMoney
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 days3 hours
Do They Check Your Credit?YesNo
Current Account Switch ServiceNoNo

Cater Allen vs CardOneMoney Features & Account Types

Cater Allen Account Types
Cater Allen Features & Account Types


CardOneMoney Account Types
CardOneMoney Features & Account Types


Cater AllenCardOneMoney
Business Current AccountYesYes
Business Savings AccountYesNo
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesYesNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoNo
Branch LocationsNone, online and phone onlyNone, online only

Cater Allen vs CardOneMoney Customer Support Options

Cater AllenCardOneMoney
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support NoYes
Web Based SupportYesYes
In person Customer SupportNoNo

Cater Allen vs CardOneMoney Foreign Currency Accounts

Cater AllenCardOneMoney
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • CHF (Swiss Franc)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • SGD (Singapore Dollar)
  • HKD (Hong Kong Dollar)
  • United States Dollar (USD)
  • Euro (EUR)
  • Japanese Yen (JPY)
  • Chinese Yuan (CNY)
  • Swiss Franc (CHF)
  • Canadian Dollar (CAD)
  • Australian Dollar (AUD)
  • New Zealand Dollar (NZD)

Other Business Services From Cater Allen and CardOneMoney

Cater Allen Account Types
Other Cater Allen Services


CardOneMoney Account Types
Other CardOneMoney Services


Cater AllenCardOneMoney
Business LoansNoYes
Commercial MortgagesNoYes
Invoice FinancingNoYes
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Cater Allen vs CardOneMoney Banking Basics

Cater AllenCardOneMoney
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number178737504547
WebsiteCater Allen WebsiteCardOneMoney Website

Common Comparison Questions

Does Cater Allen or CardOneMoney have better customer reviews?

Cater Allen scores 1.9 out of 5 based 136 Trustpilot reviews. Of these reviews 7% are 5-star and 80% are 1-star.

Whereas, CardOneMoney scores 4.6 out of 5 based 798 Trustpilot reviews. Of which 85% are 5-star and 9% are 1-star.

Does Cater Allen or CardOneMoney have a better App?

Cater Allen’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.

In comparison, CardOneMoney’s iPhone App is rated 2.7 out of 5 based on 61 reviews. And it’s Android App is rated 3.9 out of 5 based on 200 reviews.

Does Cater Allen or CardOneMoney have better business savings rates?

Cater Allen offers the following types of business savings accounts: Fixed Term, Notice Account with interest rates ranging from 3.00% to 4.70%. (AER)

In contrast, CardOneMoney offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Cater Allen vs Fair Everywhere
Cater Allen vs Countingup
Cater Allen vs State Bank of India (UK)
Cater Allen vs Charity Bank
Cater Allen vs Cumberland Building Society


For other business bank accounts see our guide here.

 



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