Is Cynergy Bank or Fair Everywhere better for your small business?
Below we look at both Cynergy Bank and Fair Everywhere 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 vs Fair Everywhere Trustpilot Reviews
| Cynergy Bank | Fair Everywhere | |
| Trustpilot Review Score (out of 5) | 4 | 3.1 |
| Percent 5-Star Reviews | 58% | 27% |
| Percent 1- Star Reviews | 27% | 64% |
| Total Number of Reviews | 2,235 | 11 |
https://www.trustpilot.com/review/cynergybank.co.uk
https://www.trustpilot.com/review/faireverywhere.com
Cynergy Bank vs Fair Everywhere App Reviews
| Cynergy Bank | Fair Everywhere | |
| iPhone Review Score (out of 5) | 1.5 | 2.2 |
| Number of iPhone Reviews | 350 | 5 |
| Android Review Score (out of 5) | 1.7 | 3.9 |
| Number of Android Reviews | 449 | 7 |
https://apps.apple.com/gb/app/cynergy-bank-authenticator/id1497728953
https://apps.apple.com/gb/app/fair-everywhere/id1331905256
Cynergy Bank vs Fair Everywhere Account Fees & Charges
| Cynergy Bank | Fair Everywhere | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 12 Months | NA |
| Cheapest Monthly Account Fee | £25 | £12.50 |
| Most Expensive Monthly Account Fee | £25 | £12.50 |
| Electronic Payment Cost (in/out) | 35p | 30p |
| Cash Payments Cost (in/out) | 65p per £100 | £1.50 / £3 + 2.75% |
| Cheques (in/out) | 30p / 78p | 50p per cheque |
| CHAPS Payments Cost | £25 | £30 |
| SEPA Payments Cost | £6 | No |
Cynergy Bank vs Fair Everywhere Business Savings Rates
| Cynergy Bank | Fair Everywhere | |
| Types of Business Savings Accounts | Business Saver | None |
| Lowest Savings Rate (AER) | 4.00% | NA |
| Maximum Savings Rate (AER) | 4.00% | NA |
| Minimum Savings Amount | £1 | NA |
| Interest Paid On Foreign Currencies | Yes | Yes |
Cynergy Bank vs Fair Everywhere Account Opening Times
| Cynergy Bank | Fair Everywhere | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 15 minutes | 1 day |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
Cynergy Bank vs Fair Everywhere Features & Account Types
| Cynergy Bank | Fair Everywhere | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | Yes | Yes |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | No | No |
| Accounts For Sole Traders | Yes | Yes |
| 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 | London, Redhill, Birmingham, Manchester and Glasgow | None, online only |
Cynergy Bank vs Fair Everywhere Customer Support Options
| Cynergy Bank | Fair Everywhere | |
| 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 |
Cynergy Bank vs Fair Everywhere Foreign Currency Accounts
| Cynergy Bank | Fair Everywhere | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Cynergy Bank and Fair Everywhere
| Cynergy Bank | Fair Everywhere | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Cynergy Bank vs Fair Everywhere Banking Basics
| Cynergy Bank | Fair Everywhere | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 575105 | 504547 |
| Website | Cynergy Bank Website | Fair Everywhere Website |
Common Comparison Questions
Does Cynergy Bank or Fair Everywhere 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, Fair Everywhere scores 3.1 out of 5 based 11 Trustpilot reviews. Of which 27% are 5-star and 64% are 1-star.
Does Cynergy Bank or Fair Everywhere 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, Fair Everywhere’s iPhone App is rated 2.2 out of 5 based on 5 reviews. And it’s Android App is rated 3.9 out of 5 based on 7 reviews.
Does Cynergy Bank or Fair Everywhere 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, Fair Everywhere offers None accounts with interest rates ranging from NA to NA (AER).
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For other business bank accounts see our guide here.