Is Danske Bank UK or Cumberland Building Society better for your small business?
Below we look at both Danske Bank UK and Cumberland Building Society 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 Cumberland Building Society Trustpilot Reviews
| Danske Bank UK | Cumberland Building Society | |
| Trustpilot Review Score (out of 5) | 2 | 2.5 |
| Percent 5-Star Reviews | 12% | 22% |
| Percent 1- Star Reviews | 71% | 69% |
| Total Number of Reviews | 24 | 41 |
https://www.trustpilot.com/review/danskebank.co.uk
https://www.trustpilot.com/review/cumberlandbuildingsociety.co.uk
Danske Bank UK vs Cumberland Building Society App Reviews
| Danske Bank UK | Cumberland Building Society | |
| iPhone Review Score (out of 5) | 4.4 | 4.7 |
| Number of iPhone Reviews | 2,900 | 644 |
| Android Review Score (out of 5) | 4.4 | 4.8 |
| Number of Android Reviews | 2,890 | 415 |
https://apps.apple.com/gb/app/mobile-bank-uk-danske-bank/id1365361930
https://apps.apple.com/gb/app/cumberland-mobile-banking/id715482935
Danske Bank UK vs Cumberland Building Society Account Fees & Charges
| Danske Bank UK | Cumberland Building Society | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | 24 Months | 12 Months |
| Cheapest Monthly Account Fee | £7 | Free |
| Most Expensive Monthly Account Fee | £48 | £5 |
| Electronic Payment Cost (in/out) | 45p | 35p |
| Cash Payments Cost (in/out) | 90p / £1.40 per £100 | 40p per £100 |
| Cheques (in/out) | 80p / 90p per item | £1 |
| CHAPS Payments Cost | £20 | £25 |
| SEPA Payments Cost | No | No |
Danske Bank UK vs Cumberland Building Society Business Savings Rates
| Danske Bank UK | Cumberland Building Society | |
| Types of Business Savings Accounts | Business Investment Account, Fixed Term Deposit | Instant Access, Fixed Term, Notice Savings |
| Lowest Savings Rate (AER) | 1.65% | 3.05% |
| Maximum Savings Rate (AER) | 4.60% | 4.20% |
| Minimum Savings Amount | £1 | £1 |
| Interest Paid On Foreign Currencies | Yes | No |
Danske Bank UK vs Cumberland Building Society Account Opening Times
| Danske Bank UK | Cumberland Building Society | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 Working days | 5 to 10 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Danske Bank UK vs Cumberland Building Society Features & Account Types
| Danske Bank UK | Cumberland Building Society | |
| 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 | Locations in North East England only |
Danske Bank UK vs Cumberland Building Society Customer Support Options
| Danske Bank UK | Cumberland Building Society | |
| 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 Cumberland Building Society Foreign Currency Accounts
| Danske Bank UK | Cumberland Building Society | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
| No |
Other Business Services From Danske Bank UK and Cumberland Building Society
| Danske Bank UK | Cumberland Building Society | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | No | No |
| Free Accounting Software | No | Yes |
Danske Bank UK vs Cumberland Building Society Banking Basics
| Danske Bank UK | Cumberland Building Society | |
| Bank Type | Challenger | Building Society |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 122261 | 106074 |
| Website | Danske Bank UK Website | Cumberland Building Society Website |
Common Comparison Questions
Does Danske Bank UK or Cumberland Building Society 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, Cumberland Building Society scores 2.5 out of 5 based 41 Trustpilot reviews. Of which 22% are 5-star and 69% are 1-star.
Does Danske Bank UK or Cumberland Building Society 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, Cumberland Building Society’s iPhone App is rated 4.7 out of 5 based on 644 reviews. And it’s Android App is rated 4.8 out of 5 based on 415 reviews.
Does Danske Bank UK or Cumberland Building Society 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, Cumberland Building Society offers Instant Access, Fixed Term, Notice Savings accounts with interest rates ranging from 3.05% to 4.20% (AER).
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For other business bank accounts see our guide here.