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Cynergy Bank VS Amaiz: Business Banking Review & Fee Comparison


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

Is Cynergy Bank or Amaiz better for your small business?



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Below we look at both Cynergy Bank and Amaiz 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.

Cynergy Bank Homepage
Cynergy Bank Homepage


Amaiz Homepage
Amaiz Homepage
 

Cynergy Bank vs Amaiz Trustpilot Reviews

Cynergy BankAmaiz
Trustpilot Review Score (out of 5)44.1
Percent 5-Star Reviews58%68%
Percent 1- Star Reviews27%20%
Total Number of Reviews2,235168
Sources:
https://www.trustpilot.com/review/cynergybank.co.uk
https://www.trustpilot.com/review/amaiz.com

Cynergy Bank vs Amaiz App Reviews

Cynergy BankAmaiz
iPhone Review Score (out of 5)1.5No Rating
Number of iPhone Reviews350No Reviews
Android Review Score (out of 5)1.7No Rating
Number of Android Reviews449No Reviews
Sources:
https://apps.apple.com/gb/app/cynergy-bank-authenticator/id1497728953
https://www.apple.com/uk/app-store/

Cynergy Bank vs Amaiz Account Fees & Charges

Cynergy BankAmaiz
Free Business Bank AccountYesNo
Free Business Account Term Length12 MonthsNA
Cheapest Monthly Account Fee£25£49
Most Expensive Monthly Account Fee£25£99
Electronic Payment Cost (in/out)35pFree
Cash Payments Cost (in/out)65p per £100Free
Cheques (in/out)30p / 78pFree
CHAPS Payments Cost£25£15
SEPA Payments Cost£6£3

Cynergy Bank vs Amaiz Business Savings Rates

Cynergy BankAmaiz
Types of Business Savings AccountsBusiness SaverNone
Lowest Savings Rate (AER)4.00%NA
Maximum Savings Rate (AER)4.00%NA
Minimum Savings Amount£1NA
Interest Paid On Foreign CurrenciesYesYes
 

Cynergy Bank vs Amaiz Account Opening Times

Cynergy BankAmaiz
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
15 minutesFew minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesYes

Cynergy Bank vs Amaiz Features & Account Types

Cynergy Bank Account Types
Cynergy Bank Features & Account Types


Amaiz Account Types
Amaiz Features & Account Types


Cynergy BankAmaiz
Business Current AccountYesYes
Business Savings AccountYesNo
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesNo
Card TypeVisaMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsLondon, Redhill, Birmingham, Manchester and GlasgowNone, online only

Cynergy Bank vs Amaiz Customer Support Options

Cynergy BankAmaiz
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportYesNo

Cynergy Bank vs Amaiz Foreign Currency Accounts

Cynergy BankAmaiz
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:No
  • EUR (Euro)
  • USD (US Dollar)
  • AUD (Australian Dollar)
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • JPY (Japanese Yen)
  • NZD (New Zealand Dollar)
  • PLN (Polish Zloty)
  • RON (Romanian Leu)
  • SEK (Swedish Krona)
  • TRY (Turkish Lira)

Other Business Services From Cynergy Bank and Amaiz

Cynergy Bank Account Types
Other Cynergy Bank Services


Amaiz Account Types
Other Amaiz Services


Cynergy BankAmaiz
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoNo
Free Accounting SoftwareNoYes

Cynergy Bank vs Amaiz Banking Basics

Cynergy BankAmaiz
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number575105900857
WebsiteCynergy Bank WebsiteAmaiz Website

Common Comparison Questions

Does Cynergy Bank or Amaiz have better customer reviews?

Cynergy Bank scores 4 out of 5 based 2,235 Trustpilot reviews. Of these reviews 58% are 5-star and 27% are 1-star.

Whereas, Amaiz scores 4.1 out of 5 based 168 Trustpilot reviews. Of which 68% are 5-star and 20% are 1-star.

Does Cynergy Bank or Amaiz have a better App?

Cynergy Bank’s iPhone App is rated 1.5 out of 5 based on 350 reviews. And it’s Android App is rated 1.7 out of 5 based on 449 reviews.

In comparison, Amaiz’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 Cynergy Bank or Amaiz have better business savings rates?

Cynergy Bank offers the following types of business savings accounts: Business Saver with interest rates ranging from 4.00% to 4.00%. (AER)

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

See Other Comparisons:
Cynergy Bank vs ICICI Bank UK
Cynergy Bank vs Intergiro
Cynergy Bank vs GoSolo
Cynergy Bank vs 3S Money
Cynergy Bank vs MultiPass


For other business bank accounts see our guide here.

 



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