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Cater Allen VS GoSolo: Business Banking Review & Fee Comparison


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

Is Cater Allen or GoSolo better for your small business?



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Below we look at both Cater Allen and GoSolo 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


GoSolo Homepage
GoSolo Homepage
 

Cater Allen vs GoSolo Trustpilot Reviews

Cater AllenGoSolo
Trustpilot Review Score (out of 5)1.92.6
Percent 5-Star Reviews7%39%
Percent 1- Star Reviews80%47%
Total Number of Reviews13674
Sources:
https://www.trustpilot.com/review/www.caterallen.co.uk
https://www.trustpilot.com/review/gosolo.net

Cater Allen vs GoSolo App Reviews

Cater AllenGoSolo
iPhone Review Score (out of 5)No Rating4.6
Number of iPhone ReviewsNo Reviews91
Android Review Score (out of 5)No Rating3.6
Number of Android ReviewsNo Reviews61
Sources:
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/gosolo-smart-business-account/id1569028757

Cater Allen vs GoSolo Account Fees & Charges

Cater AllenGoSolo
Free Business Bank AccountNoYes
Free Business Account Term LengthNA12 Months
Cheapest Monthly Account FeeFreeFree
Most Expensive Monthly Account Fee£25Free
Electronic Payment Cost (in/out)£22% + 20p
Cash Payments Cost (in/out)Free£1.50
Cheques (in/out)£6£2.69
CHAPS Payments Cost£25£15
SEPA Payments Cost£230p

Cater Allen vs GoSolo Business Savings Rates

Cater AllenGoSolo
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 CurrenciesYesNo
 

Cater Allen vs GoSolo Account Opening Times

Cater AllenGoSolo
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 daysFew minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceNoYes

Cater Allen vs GoSolo Features & Account Types

Cater Allen Account Types
Cater Allen Features & Account Types


GoSolo Account Types
GoSolo Features & Account Types


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

Cater Allen vs GoSolo Customer Support Options

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

Cater Allen vs GoSolo Foreign Currency Accounts

Cater AllenGoSolo
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 GoSolo

Cater Allen Account Types
Other Cater Allen Services


GoSolo Account Types
Other GoSolo Services


Cater AllenGoSolo
Business LoansNoNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoYes

Cater Allen vs GoSolo Banking Basics

Cater AllenGoSolo
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number178737902961
WebsiteCater Allen WebsiteGoSolo Website

Common Comparison Questions

Does Cater Allen or GoSolo 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, GoSolo scores 2.6 out of 5 based 74 Trustpilot reviews. Of which 39% are 5-star and 47% are 1-star.

Does Cater Allen or GoSolo 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, GoSolo’s iPhone App is rated 4.6 out of 5 based on 91 reviews. And it’s Android App is rated 3.6 out of 5 based on 61 reviews.

Does Cater Allen or GoSolo 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, GoSolo offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Cater Allen vs 3S Money
Cater Allen vs MultiPass
Cater Allen vs Reliance Bank
Cater Allen vs SumUp Business Account
Cater Allen vs Cambridge & Counties Bank


For other business bank accounts see our guide here.

 



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