Merchant Machine

Hampshire Trust Bank VS Soldo: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Hampshire Trust Bank or Soldo better for your small business?



Compare UK Business Bank Accounts

Powered By BusinessBankAccounts.co.uk



Below we look at both Hampshire Trust Bank and Soldo 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 Homepage
Hampshire Trust Bank Homepage


Soldo Homepage
Soldo Homepage
 

Hampshire Trust Bank vs Soldo Trustpilot Reviews

Hampshire Trust BankSoldo
Trustpilot Review Score (out of 5)4.54.7
Percent 5-Star Reviews75%77%
Percent 1- Star Reviews7%11%
Total Number of Reviews1,5911,667
Sources:
https://www.trustpilot.com/review/htb.co.uk
https://www.trustpilot.com/review/soldo.com

Hampshire Trust Bank vs Soldo App Reviews

Hampshire Trust BankSoldo
iPhone Review Score (out of 5)No Rating2.7
Number of iPhone ReviewsNo Reviews70
Android Review Score (out of 5)No Rating2.9
Number of Android ReviewsNo Reviews469
Sources:
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/soldo/id1489150365

Hampshire Trust Bank vs Soldo Account Fees & Charges

Hampshire Trust BankSoldo
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account FeeNo£18
Most Expensive Monthly Account FeeNo£30
Electronic Payment Cost (in/out)25p£2
Cash Payments Cost (in/out)£1No
Cheques (in/out)£1Free
CHAPS Payments Cost£25No
SEPA Payments Cost20p€1.50

Hampshire Trust Bank vs Soldo Business Savings Rates

Hampshire Trust BankSoldo
Types of Business Savings AccountsNotice Account, FixedNone
Lowest Savings Rate (AER)4.50%NA
Maximum Savings Rate (AER)5.15%NA
Minimum Savings Amount£5,000NA
Interest Paid On Foreign CurrenciesNoYes
 

Hampshire Trust Bank vs Soldo Account Opening Times

Hampshire Trust BankSoldo
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 day1 day
Do They Check Your Credit?YesNo
Current Account Switch ServiceNoNo

Hampshire Trust Bank vs Soldo Features & Account Types

Hampshire Trust Bank Account Types
Hampshire Trust Bank Features & Account Types


Soldo Account Types
Soldo Features & Account Types


Hampshire Trust BankSoldo
Business Current AccountNoNo
Business Savings AccountYesNo
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesNo
Card TypeNoneMastercard
Online BankingYesYes
Mobile BankingNoYes
In Person/Branch BankingNoNo
Branch LocationsLondon & LeedsNone, online only

Hampshire Trust Bank vs Soldo Customer Support Options

Hampshire Trust BankSoldo
Phone Support AvailableYesNo
Email Support AvailableYesYes
App Based Support NoYes
Web Based SupportYesYes
In person Customer SupportNoNo

Hampshire Trust Bank vs Soldo Foreign Currency Accounts

Hampshire Trust BankSoldo
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:No
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • DKK (Danish Krone)
  • NOK (Norwegian Krone)
  • SEK (Swedish Krona)
  • NZD (New Zealand Dollar)
  • JPY (Japanese Yen)

Other Business Services From Hampshire Trust Bank and Soldo

Hampshire Trust Bank Account Types
Other Hampshire Trust Bank Services


Soldo Account Types
Other Soldo Services


Hampshire Trust BankSoldo
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Hampshire Trust Bank vs Soldo Banking Basics

Hampshire Trust BankSoldo
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number204601900459
WebsiteHampshire Trust Bank WebsiteSoldo Website

Common Comparison Questions

Does Hampshire Trust Bank or Soldo 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, Soldo scores 4.7 out of 5 based 1,667 Trustpilot reviews. Of which 77% are 5-star and 11% are 1-star.

Does Hampshire Trust Bank or Soldo 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, Soldo’s iPhone App is rated 2.7 out of 5 based on 70 reviews. And it’s Android App is rated 2.9 out of 5 based on 469 reviews.

Does Hampshire Trust Bank or Soldo 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, Soldo offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Hampshire Trust Bank vs Cambridge Building Society
Hampshire Trust Bank vs PayPal Debit
Hampshire Trust Bank vs Allica Bank
Hampshire Trust Bank vs Cater Allen
Hampshire Trust Bank vs AIB (Allied Irish Bank)


For other business bank accounts see our guide here.

 



Please note: Merchant Machine is an information and comparison website only.
We do not provide merchant services nor can we recommend which solution is right for you and your business.
Blog · About · Privacy Policy · Terms of Use · Contact Us
Copyright © 2025 Brilliant British Ltd trading as Merchant Machine

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224