Is Hampshire Trust Bank or PayPal Debit better for your small business?
Below we look at both Hampshire Trust Bank and PayPal Debit 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.
Hampshire Trust Bank vs PayPal Debit Trustpilot Reviews
| Hampshire Trust Bank | PayPal Debit | |
| Trustpilot Review Score (out of 5) | 4.5 | 1.4 |
| Percent 5-Star Reviews | 75% | 20% |
| Percent 1- Star Reviews | 7% | 73% |
| Total Number of Reviews | 1,591 | 5,277 |
https://www.trustpilot.com/review/htb.co.uk
https://www.trustpilot.com/review/www.paypal.co.uk
Hampshire Trust Bank vs PayPal Debit App Reviews
| Hampshire Trust Bank | PayPal Debit | |
| iPhone Review Score (out of 5) | No Rating | 4.1 |
| Number of iPhone Reviews | No Reviews | 1,600 |
| Android Review Score (out of 5) | No Rating | 3.3 |
| Number of Android Reviews | No Reviews | 91,500 |
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/paypal-business/id1053148887
Hampshire Trust Bank vs PayPal Debit Account Fees & Charges
| Hampshire Trust Bank | PayPal Debit | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | No | No |
| Most Expensive Monthly Account Fee | No | No |
| Electronic Payment Cost (in/out) | 25p | Free |
| Cash Payments Cost (in/out) | £1 | Free |
| Cheques (in/out) | £1 | Free |
| CHAPS Payments Cost | £25 | No |
| SEPA Payments Cost | 20p | No |
Hampshire Trust Bank vs PayPal Debit Business Savings Rates
| Hampshire Trust Bank | PayPal Debit | |
| Types of Business Savings Accounts | Notice Account, Fixed | None |
| Lowest Savings Rate (AER) | 4.50% | NA |
| Maximum Savings Rate (AER) | 5.15% | NA |
| Minimum Savings Amount | £5,000 | NA |
| Interest Paid On Foreign Currencies | No | Yes |
Hampshire Trust Bank vs PayPal Debit Account Opening Times
| Hampshire Trust Bank | PayPal Debit | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 1 day | Few minutes |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | No | Yes |
Hampshire Trust Bank vs PayPal Debit Features & Account Types
| Hampshire Trust Bank | PayPal Debit | |
| Business Current Account | No | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | No |
| Accounts For Sole Traders | Yes | No |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | None | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | No | Yes |
| In Person/Branch Banking | No | No |
| Branch Locations | London & Leeds | None, online only |
Hampshire Trust Bank vs PayPal Debit Customer Support Options
| Hampshire Trust Bank | PayPal Debit | |
| Phone Support Available | Yes | No |
| Email Support Available | Yes | Yes |
| App Based Support | No | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | No |
Hampshire Trust Bank vs PayPal Debit Foreign Currency Accounts
| Hampshire Trust Bank | PayPal Debit | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Hampshire Trust Bank and PayPal Debit
| Hampshire Trust Bank | PayPal Debit | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | Yes |
Hampshire Trust Bank vs PayPal Debit Banking Basics
| Hampshire Trust Bank | PayPal Debit | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 204601 | 742277 |
| Website | Hampshire Trust Bank Website | PayPal Debit Website |
Common Comparison Questions
Does Hampshire Trust Bank or PayPal Debit have better customer reviews?
Hampshire Trust Bank scores 4.5 out of 5 based 1,591 Trustpilot reviews. Of these reviews 75% are 5-star and 7% are 1-star.
Whereas, PayPal Debit scores 1.4 out of 5 based 5,277 Trustpilot reviews. Of which 20% are 5-star and 73% are 1-star.
Does Hampshire Trust Bank or PayPal Debit have a better App?
Hampshire Trust Bank’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.
In comparison, PayPal Debit’s iPhone App is rated 4.1 out of 5 based on 1,600 reviews. And it’s Android App is rated 3.3 out of 5 based on 91,500 reviews.
Does Hampshire Trust Bank or PayPal Debit have better business savings rates?
Hampshire Trust Bank offers the following types of business savings accounts: Notice Account, Fixed with interest rates ranging from 4.50% to 5.15%. (AER)
In contrast, PayPal Debit offers None accounts with interest rates ranging from NA to NA (AER).
See Other Comparisons:Hampshire Trust Bank vs Allica Bank
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For other business bank accounts see our guide here.