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Hampshire Trust Bank VS SumUp Business Account: Business Banking Review & Fee Comparison


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

Is Hampshire Trust Bank or SumUp Business Account better for your small business?



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Below we look at both Hampshire Trust Bank and SumUp Business Account 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


SumUp Business Account Homepage
SumUp Business Account Homepage
 

Hampshire Trust Bank vs SumUp Business Account Trustpilot Reviews

Hampshire Trust BankSumUp Business Account
Trustpilot Review Score (out of 5)4.54.2
Percent 5-Star Reviews75%64%
Percent 1- Star Reviews7%22%
Total Number of Reviews1,59118,247
Sources:
https://www.trustpilot.com/review/htb.co.uk
https://www.trustpilot.com/review/sumup.com

Hampshire Trust Bank vs SumUp Business Account App Reviews

Hampshire Trust BankSumUp Business Account
iPhone Review Score (out of 5)No Rating4.8
Number of iPhone ReviewsNo Reviews12,400
Android Review Score (out of 5)No Rating4.7
Number of Android ReviewsNo Reviews84,500
Sources:
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/sumup/id514879214

Hampshire Trust Bank vs SumUp Business Account Account Fees & Charges

Hampshire Trust BankSumUp Business Account
Free Business Bank AccountNoYes
Free Business Account Term LengthNANo Limit
Cheapest Monthly Account FeeNoNo
Most Expensive Monthly Account FeeNoNo
Electronic Payment Cost (in/out)25pFree
Cash Payments Cost (in/out)£1Free
Cheques (in/out)£1Free
CHAPS Payments Cost£25No
SEPA Payments Cost20pNo

Hampshire Trust Bank vs SumUp Business Account Business Savings Rates

Hampshire Trust BankSumUp Business Account
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 CurrenciesNoNo
 

Hampshire Trust Bank vs SumUp Business Account Account Opening Times

Hampshire Trust BankSumUp Business Account
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 day10 minutes
Do They Check Your Credit?YesYes
Current Account Switch ServiceNoNo

Hampshire Trust Bank vs SumUp Business Account Features & Account Types

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


SumUp Business Account Account Types
SumUp Business Account Features & Account Types


Hampshire Trust BankSumUp Business Account
Business Current AccountNoYes
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 SumUp Business Account Customer Support Options

Hampshire Trust BankSumUp Business Account
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support NoYes
Web Based SupportYesYes
In person Customer SupportNoNo

Hampshire Trust Bank vs SumUp Business Account Foreign Currency Accounts

Hampshire Trust BankSumUp Business Account
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
Other Currencies Available:NoNo

Other Business Services From Hampshire Trust Bank and SumUp Business Account

Hampshire Trust Bank Account Types
Other Hampshire Trust Bank Services


SumUp Business Account Account Types
Other SumUp Business Account Services


Hampshire Trust BankSumUp Business Account
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoYes
Free Accounting SoftwareNoNo

Hampshire Trust Bank vs SumUp Business Account Banking Basics

Hampshire Trust BankSumUp Business Account
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number204601900700
WebsiteHampshire Trust Bank WebsiteSumUp Business Account Website

Common Comparison Questions

Does Hampshire Trust Bank or SumUp Business Account 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, SumUp Business Account scores 4.2 out of 5 based 18,247 Trustpilot reviews. Of which 64% are 5-star and 22% are 1-star.

Does Hampshire Trust Bank or SumUp Business Account 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, SumUp Business Account’s iPhone App is rated 4.8 out of 5 based on 12,400 reviews. And it’s Android App is rated 4.7 out of 5 based on 84,500 reviews.

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

See Other Comparisons:
Hampshire Trust Bank vs Cambridge & Counties Bank
Hampshire Trust Bank vs Recognise Bank
Hampshire Trust Bank vs Dudley Building Society
Hampshire Trust Bank vs MyPOS
Hampshire Trust Bank vs Ampere


For other business bank accounts see our guide here.

 



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