Co-operative Bank VS Ampere: Business Banking Review & Fee Comparison

Is Co-operative Bank or Ampere better for your small business?

Below we look at both Co-operative Bank and Ampere 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.

Co-operative Bank vs Ampere Trustpilot Reviews

	Co-operative Bank	Ampere
Trustpilot Review Score (out of 5)	4.2	4.2
Percent 5-Star Reviews	51%	74%
Percent 1- Star Reviews	39%	18%
Total Number of Reviews	7,699	50

Sources:
https://www.trustpilot.com/review/co-operativebank.co.uk
https://www.trustpilot.com/review/ampere.co.uk

Co-operative Bank vs Ampere App Reviews

	Co-operative Bank	Ampere
iPhone Review Score (out of 5)	4.7	4.8
Number of iPhone Reviews	47,800	30
Android Review Score (out of 5)	4.3	4.7
Number of Android Reviews	33,000	953

Sources:
https://apps.apple.com/gb/app/co-operative-bank/id1439204021
https://apps.apple.com/us/app/ampere-business-mobile-bank/id1641508835

Co-operative Bank vs Ampere Account Fees & Charges

	Co-operative Bank	Ampere
Free Business Bank Account	Yes	No
Free Business Account Term Length	30 Months	NA
Cheapest Monthly Account Fee	Free	£20.00
Most Expensive Monthly Account Fee	Free	£20.00
Electronic Payment Cost (in/out)	Free	Free
Cash Payments Cost (in/out)	£1.50 per £100	NA
Cheques (in/out)	£1.50	NA
CHAPS Payments Cost	£25	£25
SEPA Payments Cost	No	Free

Co-operative Bank vs Ampere Business Savings Rates

	Co-operative Bank	Ampere
Types of Business Savings Accounts	Instant access, 35+ day, 95+ day	None
Lowest Savings Rate (AER)	1.63%	NA
Maximum Savings Rate (AER)	2.51%	NA
Minimum Savings Amount	No	NA
Interest Paid On Foreign Currencies	No	No

Co-operative Bank vs Ampere Account Opening Times

	Co-operative Bank	Ampere
Can You Apply Online?	Yes	Yes
How Long Does Opening An Account Typically Take?	5 Working days	Undisclosed
Do They Check Your Credit?	Yes	Yes
Current Account Switch Service	Yes	No

Co-operative Bank vs Ampere Features & Account Types

Co-operative Bank Account Types — *Co-operative Bank Features & Account Types*

Ampere Account Types — *Ampere Features & Account Types*

	Co-operative Bank	Ampere
Business Current Account	Yes	Yes
Business Savings Account	Yes	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	No
Card Type	Visa	Mastercard
Online Banking	Yes	Yes
Mobile Banking	Yes	Yes
In Person/Branch Banking	Yes	No
Branch Locations	Limited locations accross the UK	None, online only

Co-operative Bank vs Ampere Customer Support Options

	Co-operative Bank	Ampere
Phone Support Available	Yes	Yes
Email Support Available	Yes	Yes
App Based Support	Yes	Yes
Web Based Support	Yes	Yes
In person Customer Support	Yes	No

Co-operative Bank vs Ampere Foreign Currency Accounts

	Co-operative Bank	Ampere
US Dollar (USD) Bank Accounts	Yes	No
Euro (EUR) Bank Accounts	Yes	No
Other Currencies Available:	No	No

Other Business Services From Co-operative Bank and Ampere

	Co-operative Bank	Ampere
Business Loans	Yes	Yes
Commercial Mortgages	Yes	No
Invoice Financing	Yes	No
International Payments	Yes	Yes
Merchant Payment Services	Yes	Yes
Card Machines	No	Yes
Free Accounting Software	Yes	No

Co-operative Bank vs Ampere Banking Basics

	Co-operative Bank	Ampere
Bank Type	High Street	Challenger
FSCS Protection	Yes, up to £85,000	No
FCA Number	990937	900594
Website	Co-operative Bank Website	Ampere Website

Common Comparison Questions

Does Co-operative Bank or Ampere have better customer reviews?

Co-operative Bank scores 4.2 out of 5 based 7,699 Trustpilot reviews. Of these reviews 51% are 5-star and 39% are 1-star.

Whereas, Ampere scores 4.2 out of 5 based 50 Trustpilot reviews. Of which 74% are 5-star and 18% are 1-star.

Does Co-operative Bank or Ampere have a better App?

Co-operative Bank’s iPhone App is rated 4.7 out of 5 based on 47,800 reviews. And it’s Android App is rated 4.3 out of 5 based on 33,000 reviews.

In comparison, Ampere’s iPhone App is rated 4.8 out of 5 based on 30 reviews. And it’s Android App is rated 4.7 out of 5 based on 953 reviews.

Does Co-operative Bank or Ampere have better business savings rates?

Co-operative Bank offers the following types of business savings accounts: Instant access, 35+ day, 95+ day with interest rates ranging from 1.63% to 2.51%. (AER)

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

See Other Comparisons:
Aldermore vs Handelsbanken
Aldermore vs Anna
Aldermore vs Hampshire Trust Bank
Aldermore vs Mettle
Aldermore vs Monese

For other business bank accounts see our guide here.

Compare UK Business Bank Accounts