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Cater Allen VS Charity Bank: Business Banking Review & Fee Comparison


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

Is Cater Allen or Charity Bank better for your small business?



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Below we look at both Cater Allen and Charity Bank 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


Charity Bank Homepage
Charity Bank Homepage
 

Cater Allen vs Charity Bank Trustpilot Reviews

Cater AllenCharity Bank
Trustpilot Review Score (out of 5)1.93.3
Percent 5-Star Reviews7%33%
Percent 1- Star Reviews80%34%
Total Number of Reviews1363
Sources:
https://www.trustpilot.com/review/www.caterallen.co.uk
https://www.trustpilot.com/review/charitybank.org

Cater Allen vs Charity Bank App Reviews

Cater AllenCharity Bank
iPhone Review Score (out of 5)No RatingNo Rating
Number of iPhone ReviewsNo ReviewsNo Reviews
Android Review Score (out of 5)No RatingNo Rating
Number of Android ReviewsNo ReviewsNo Reviews
Sources:
https://www.apple.com/uk/app-store/
https://www.apple.com/uk/app-store/

Cater Allen vs Charity Bank Account Fees & Charges

Cater AllenCharity Bank
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account FeeFreeFree
Most Expensive Monthly Account Fee£25Free
Electronic Payment Cost (in/out)£2No
Cash Payments Cost (in/out)FreeFree
Cheques (in/out)£6Free
CHAPS Payments Cost£25£10
SEPA Payments Cost£220p

Cater Allen vs Charity Bank Business Savings Rates

Cater AllenCharity Bank
Types of Business Savings AccountsFixed Term, Notice AccountCITR accounts, Easy Access, Notice Accounts, Fixed Account
Lowest Savings Rate (AER)3.00%2.02%
Maximum Savings Rate (AER)4.70%4.51%
Minimum Savings AmountNo£1,000
Interest Paid On Foreign CurrenciesYesNo
 

Cater Allen vs Charity Bank Account Opening Times

Cater AllenCharity Bank
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 daysUndisclosed
Do They Check Your Credit?YesYes
Current Account Switch ServiceNoYes

Cater Allen vs Charity Bank Features & Account Types

Cater Allen Account Types
Cater Allen Features & Account Types


Charity Bank Account Types
Charity Bank Features & Account Types


Cater AllenCharity Bank
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesNo
In Person/Branch BankingNoNo
Branch LocationsNone, online and phone onlyTonbridge

Cater Allen vs Charity Bank Customer Support Options

Cater AllenCharity Bank
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support NoNo
Web Based SupportYesYes
In person Customer SupportNoNo

Cater Allen vs Charity Bank Foreign Currency Accounts

Cater AllenCharity Bank
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
Other Currencies Available:
  • CHF (Swiss Franc)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • SGD (Singapore Dollar)
  • HKD (Hong Kong Dollar)
No

Other Business Services From Cater Allen and Charity Bank

Cater Allen Account Types
Other Cater Allen Services


Charity Bank Account Types
Other Charity Bank Services


Cater AllenCharity Bank
Business LoansNoYes
Commercial MortgagesNoYes
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Cater Allen vs Charity Bank Banking Basics

Cater AllenCharity Bank
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number178737207701
WebsiteCater Allen WebsiteCharity Bank Website

Common Comparison Questions

Does Cater Allen or Charity Bank 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, Charity Bank scores 3.3 out of 5 based 3 Trustpilot reviews. Of which 33% are 5-star and 34% are 1-star.

Does Cater Allen or Charity Bank 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, Charity Bank’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 Cater Allen or Charity Bank 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, Charity Bank offers CITR accounts, Easy Access, Notice Accounts, Fixed Account accounts with interest rates ranging from 2.02% to 4.51% (AER).

See Other Comparisons:
Cater Allen vs Cumberland Building Society
Cater Allen vs Redwood Bank
Cater Allen vs Amaiz
Cater Allen vs ICICI Bank UK
Cater Allen vs Intergiro


For other business bank accounts see our guide here.

 



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