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Handelsbanken VS Cambridge Building Society: Business Banking Review & Fee Comparison


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

Is Handelsbanken or Cambridge Building Society better for your small business?



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Below we look at both Handelsbanken and Cambridge 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.

Handelsbanken Homepage
Handelsbanken Homepage


Cambridge Building Society Homepage
Cambridge Building Society Homepage
 

Handelsbanken vs Cambridge Building Society Trustpilot Reviews

HandelsbankenCambridge Building Society
Trustpilot Review Score (out of 5)2.33.1
Percent 5-Star Reviews33%53%
Percent 1- Star Reviews55%47%
Total Number of Reviews12415
Sources:
https://www.trustpilot.com/review/handelsbanken.co.uk
https://www.trustpilot.com/review/www.cambridgebs.co.uk

Handelsbanken vs Cambridge Building Society App Reviews

HandelsbankenCambridge Building Society
iPhone Review Score (out of 5)2.64
Number of iPhone Reviews1735
Android Review Score (out of 5)1.62.6
Number of Android Reviews629
Sources:
https://apps.apple.com/gb/app/handelsbanken-uk-corporate/id1122527533
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229

Handelsbanken vs Cambridge Building Society Account Fees & Charges

HandelsbankenCambridge Building Society
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£5£10
Most Expensive Monthly Account Fee£20£20
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)30p£1.50
Cheques (in/out)£1.50Free
CHAPS Payments Cost£15No
SEPA Payments Cost25pNo

Handelsbanken vs Cambridge Building Society Business Savings Rates

HandelsbankenCambridge Building Society
Types of Business Savings AccountsInstant Access, Fixed Term, Notice SavingsBusiness Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond
Lowest Savings Rate (AER)No2.90%
Maximum Savings Rate (AER)No4.25%
Minimum Savings Amount£5,000£1,000
Interest Paid On Foreign CurrenciesYesNo
 

Handelsbanken vs Cambridge Building Society Account Opening Times

HandelsbankenCambridge Building Society
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working daysUndisclosed
Do They Check Your Credit?NoYes
Current Account Switch ServiceYesNo

Handelsbanken vs Cambridge Building Society Features & Account Types

Handelsbanken Account Types
Handelsbanken Features & Account Types


Cambridge Building Society Account Types
Cambridge Building Society Features & Account Types


HandelsbankenCambridge Building Society
Business Current AccountYesNo
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsNoYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeMastercardNone
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesYes
Branch LocationsUK-wideLocations around Cambridge

Handelsbanken vs Cambridge Building Society Customer Support Options

HandelsbankenCambridge Building Society
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesYes

Handelsbanken vs Cambridge Building Society Foreign Currency Accounts

HandelsbankenCambridge Building Society
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
Other Currencies Available:
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Danish Krone (DKK)
  • Norwegian Krone (NOK)
  • Swedish Krona (SEK)
  • New Zealand Dollar (NZD)
  • Japanese Yen (JPY)
No

Other Business Services From Handelsbanken and Cambridge Building Society

Handelsbanken Account Types
Other Handelsbanken Services


Cambridge Building Society Account Types
Other Cambridge Building Society Services


HandelsbankenCambridge Building Society
Business LoansYesYes
Commercial MortgagesNoYes
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Handelsbanken vs Cambridge Building Society Banking Basics

HandelsbankenCambridge Building Society
Bank TypeHigh StreetBuilding Society
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number197340157223
WebsiteHandelsbanken WebsiteCambridge Building Society Website

Common Comparison Questions

Does Handelsbanken or Cambridge Building Society have better customer reviews?

Handelsbanken scores 2.3 out of 5 based 124 Trustpilot reviews. Of these reviews 33% are 5-star and 55% are 1-star.

Whereas, Cambridge Building Society scores 3.1 out of 5 based 15 Trustpilot reviews. Of which 53% are 5-star and 47% are 1-star.

Does Handelsbanken or Cambridge Building Society have a better App?

Handelsbanken’s iPhone App is rated 2.6 out of 5 based on 17 reviews. And it’s Android App is rated 1.6 out of 5 based on 6 reviews.

In comparison, Cambridge Building Society’s iPhone App is rated 4 out of 5 based on 35 reviews. And it’s Android App is rated 2.6 out of 5 based on 29 reviews.

Does Handelsbanken or Cambridge Building Society have better business savings rates?

Handelsbanken offers the following types of business savings accounts: Instant Access, Fixed Term, Notice Savings with interest rates ranging from No to No. (AER)

In contrast, Cambridge Building Society offers Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond accounts with interest rates ranging from 2.90% to 4.25% (AER).

See Other Comparisons:
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Handelsbanken vs Allica Bank
Handelsbanken vs Cater Allen
Handelsbanken vs AIB (Allied Irish Bank)
Handelsbanken vs Unity Trust


For other business bank accounts see our guide here.

 



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