Is Danske Bank UK or AIB (Allied Irish Bank) better for your small business?
Below we look at both Danske Bank UK and AIB (Allied Irish 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.
Danske Bank UK vs AIB (Allied Irish Bank) Trustpilot Reviews
| Danske Bank UK | AIB (Allied Irish Bank) | |
| Trustpilot Review Score (out of 5) | 2 | 2.8 |
| Percent 5-Star Reviews | 12% | 20% |
| Percent 1- Star Reviews | 71% | 70% |
| Total Number of Reviews | 24 | 10 |
https://www.trustpilot.com/review/danskebank.co.uk
https://www.trustpilot.com/review/aibgb.co.uk
Danske Bank UK vs AIB (Allied Irish Bank) App Reviews
| Danske Bank UK | AIB (Allied Irish Bank) | |
| iPhone Review Score (out of 5) | 4.4 | 1.7 |
| Number of iPhone Reviews | 2,900 | 227 |
| Android Review Score (out of 5) | 4.4 | 1.9 |
| Number of Android Reviews | 2,890 | 21,400 |
https://apps.apple.com/gb/app/mobile-bank-uk-danske-bank/id1365361930
https://apps.apple.com/gb/app/aib-mobile/id468042881
Danske Bank UK vs AIB (Allied Irish Bank) Account Fees & Charges
| Danske Bank UK | AIB (Allied Irish Bank) | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 24 Months | NA |
| Cheapest Monthly Account Fee | £7 | £10 |
| Most Expensive Monthly Account Fee | £48 | £10 |
| Electronic Payment Cost (in/out) | 45p | 35p |
| Cash Payments Cost (in/out) | 90p / £1.40 per £100 | 65p per £100 |
| Cheques (in/out) | 80p / 90p per item | 70p |
| CHAPS Payments Cost | £20 | £25 |
| SEPA Payments Cost | No | £20 |
Danske Bank UK vs AIB (Allied Irish Bank) Business Savings Rates
| Danske Bank UK | AIB (Allied Irish Bank) | |
| Types of Business Savings Accounts | Business Investment Account, Fixed Term Deposit | Demand deposit account, Business fixed term deposit account, Currency deposit account |
| Lowest Savings Rate (AER) | 1.65% | 0.25% |
| Maximum Savings Rate (AER) | 4.60% | 3.02% |
| Minimum Savings Amount | £1 | £1 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Danske Bank UK vs AIB (Allied Irish Bank) Account Opening Times
| Danske Bank UK | AIB (Allied Irish Bank) | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 Working days | 15 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Danske Bank UK vs AIB (Allied Irish Bank) Features & Account Types
| Danske Bank UK | AIB (Allied Irish Bank) | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | Yes |
| Business Overdraft | Yes | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | Nothern Ireland oly | Belfast, London and Dublin |
Danske Bank UK vs AIB (Allied Irish Bank) Customer Support Options
| Danske Bank UK | AIB (Allied Irish Bank) | |
| 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 | Yes |
Danske Bank UK vs AIB (Allied Irish Bank) Foreign Currency Accounts
| Danske Bank UK | AIB (Allied Irish Bank) | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
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Other Business Services From Danske Bank UK and AIB (Allied Irish Bank)
| Danske Bank UK | AIB (Allied Irish Bank) | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | No |
Danske Bank UK vs AIB (Allied Irish Bank) Banking Basics
| Danske Bank UK | AIB (Allied Irish Bank) | |
| Bank Type | Challenger | High Street |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 122261 | 204793 |
| Website | Danske Bank UK Website | AIB (Allied Irish Bank) Website |
Common Comparison Questions
Does Danske Bank UK or AIB (Allied Irish Bank) have better customer reviews?
Danske Bank UK scores 2 out of 5 based 24 Trustpilot reviews. Of these reviews 12% are 5-star and 71% are 1-star.
Whereas, AIB (Allied Irish Bank) scores 2.8 out of 5 based 10 Trustpilot reviews. Of which 20% are 5-star and 70% are 1-star.
Does Danske Bank UK or AIB (Allied Irish Bank) have a better App?
Danske Bank UK’s iPhone App is rated 4.4 out of 5 based on 2,900 reviews. And it’s Android App is rated 4.4 out of 5 based on 2,890 reviews.
In comparison, AIB (Allied Irish Bank)’s iPhone App is rated 1.7 out of 5 based on 227 reviews. And it’s Android App is rated 1.9 out of 5 based on 21,400 reviews.
Does Danske Bank UK or AIB (Allied Irish Bank) have better business savings rates?
Danske Bank UK offers the following types of business savings accounts: Business Investment Account, Fixed Term Deposit with interest rates ranging from 1.65% to 4.60%. (AER)
In contrast, AIB (Allied Irish Bank) offers Demand deposit account, Business fixed term deposit account, Currency deposit account accounts with interest rates ranging from 0.25% to 3.02% (AER).
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For other business bank accounts see our guide here.