Is Danske Bank UK or ICICI Bank UK better for your small business?
Below we look at both Danske Bank UK and ICICI Bank UK 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 ICICI Bank UK Trustpilot Reviews
| Danske Bank UK | ICICI Bank UK | |
| Trustpilot Review Score (out of 5) | 2 | 2.7 |
| Percent 5-Star Reviews | 12% | 18% |
| Percent 1- Star Reviews | 71% | 74% |
| Total Number of Reviews | 24 | 23 |
https://www.trustpilot.com/review/danskebank.co.uk
https://www.trustpilot.com/review/www.icicibank.co.uk
Danske Bank UK vs ICICI Bank UK App Reviews
| Danske Bank UK | ICICI Bank UK | |
| iPhone Review Score (out of 5) | 4.4 | 2.7 |
| Number of iPhone Reviews | 2,900 | 237 |
| Android Review Score (out of 5) | 4.4 | 4 |
| Number of Android Reviews | 2,890 | 684 |
https://apps.apple.com/gb/app/mobile-bank-uk-danske-bank/id1365361930
https://apps.apple.com/gb/app/icici-bank-uk-imobile/id1223898732
Danske Bank UK vs ICICI Bank UK Account Fees & Charges
| Danske Bank UK | ICICI Bank UK | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 24 Months | NA |
| Cheapest Monthly Account Fee | £7 | £5 |
| Most Expensive Monthly Account Fee | £48 | £15 |
| Electronic Payment Cost (in/out) | 45p | 25p |
| Cash Payments Cost (in/out) | 90p / £1.40 per £100 | £5 per £1,000 / free |
| Cheques (in/out) | 80p / 90p per item | £1 |
| CHAPS Payments Cost | £20 | £20 |
| SEPA Payments Cost | No | No |
Danske Bank UK vs ICICI Bank UK Business Savings Rates
| Danske Bank UK | ICICI Bank UK | |
| Types of Business Savings Accounts | Business Investment Account, Fixed Term Deposit | Business Savings Account, Business Fixed Deposit |
| Lowest Savings Rate (AER) | 1.65% | 2.85% |
| Maximum Savings Rate (AER) | 4.60% | 4.50% |
| Minimum Savings Amount | £1 | £1 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Danske Bank UK vs ICICI Bank UK Account Opening Times
| Danske Bank UK | ICICI Bank UK | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 Working days | 2 Working days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Danske Bank UK vs ICICI Bank UK Features & Account Types
| Danske Bank UK | ICICI Bank UK | |
| 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 | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | Nothern Ireland oly | London, Birmingham and Manchester |
Danske Bank UK vs ICICI Bank UK Customer Support Options
| Danske Bank UK | ICICI Bank UK | |
| 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 ICICI Bank UK Foreign Currency Accounts
| Danske Bank UK | ICICI Bank UK | |
| 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 ICICI Bank UK
| Danske Bank UK | ICICI Bank UK | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Danske Bank UK vs ICICI Bank UK Banking Basics
| Danske Bank UK | ICICI Bank UK | |
| Bank Type | Challenger | Foreign Bank |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 122261 | 223268 |
| Website | Danske Bank UK Website | ICICI Bank UK Website |
Common Comparison Questions
Does Danske Bank UK or ICICI Bank UK 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, ICICI Bank UK scores 2.7 out of 5 based 23 Trustpilot reviews. Of which 18% are 5-star and 74% are 1-star.
Does Danske Bank UK or ICICI Bank UK 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, ICICI Bank UK’s iPhone App is rated 2.7 out of 5 based on 237 reviews. And it’s Android App is rated 4 out of 5 based on 684 reviews.
Does Danske Bank UK or ICICI Bank UK 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, ICICI Bank UK offers Business Savings Account, Business Fixed Deposit accounts with interest rates ranging from 2.85% to 4.50% (AER).
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For other business bank accounts see our guide here.