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Handelsbanken VS CardOneMoney: Business Banking Review & Fee Comparison


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

Is Handelsbanken or CardOneMoney better for your small business?



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Below we look at both Handelsbanken and CardOneMoney 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


CardOneMoney Homepage
CardOneMoney Homepage
 

Handelsbanken vs CardOneMoney Trustpilot Reviews

HandelsbankenCardOneMoney
Trustpilot Review Score (out of 5)2.34.6
Percent 5-Star Reviews33%85%
Percent 1- Star Reviews55%9%
Total Number of Reviews124798
Sources:
https://www.trustpilot.com/review/handelsbanken.co.uk
https://www.trustpilot.com/review/cardonemoney.com

Handelsbanken vs CardOneMoney App Reviews

HandelsbankenCardOneMoney
iPhone Review Score (out of 5)2.62.7
Number of iPhone Reviews1761
Android Review Score (out of 5)1.63.9
Number of Android Reviews6200
Sources:
https://apps.apple.com/gb/app/handelsbanken-uk-corporate/id1122527533
https://apps.apple.com/gb/app/card-one-money/id1133870045

Handelsbanken vs CardOneMoney Account Fees & Charges

HandelsbankenCardOneMoney
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£5£12.50
Most Expensive Monthly Account Fee£20£25
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)30p£1.50
Cheques (in/out)£1.50£5
CHAPS Payments Cost£15£30
SEPA Payments Cost25pNo

Handelsbanken vs CardOneMoney Business Savings Rates

HandelsbankenCardOneMoney
Types of Business Savings AccountsInstant Access, Fixed Term, Notice SavingsNone
Lowest Savings Rate (AER)NoNA
Maximum Savings Rate (AER)NoNA
Minimum Savings Amount£5,000NA
Interest Paid On Foreign CurrenciesYesYes
 

Handelsbanken vs CardOneMoney Account Opening Times

HandelsbankenCardOneMoney
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working days3 hours
Do They Check Your Credit?NoNo
Current Account Switch ServiceYesNo

Handelsbanken vs CardOneMoney Features & Account Types

Handelsbanken Account Types
Handelsbanken Features & Account Types


CardOneMoney Account Types
CardOneMoney Features & Account Types


HandelsbankenCardOneMoney
Business Current AccountYesYes
Business Savings AccountYesNo
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsNoYes
Accounts For CharitiesNoNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsUK-wideNone, online only

Handelsbanken vs CardOneMoney Customer Support Options

HandelsbankenCardOneMoney
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

Handelsbanken vs CardOneMoney Foreign Currency Accounts

HandelsbankenCardOneMoney
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
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)
  • United States Dollar (USD)
  • Euro (EUR)
  • Japanese Yen (JPY)
  • Chinese Yuan (CNY)
  • Swiss Franc (CHF)
  • Canadian Dollar (CAD)
  • Australian Dollar (AUD)
  • New Zealand Dollar (NZD)

Other Business Services From Handelsbanken and CardOneMoney

Handelsbanken Account Types
Other Handelsbanken Services


CardOneMoney Account Types
Other CardOneMoney Services


HandelsbankenCardOneMoney
Business LoansYesYes
Commercial MortgagesNoYes
Invoice FinancingNoYes
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Handelsbanken vs CardOneMoney Banking Basics

HandelsbankenCardOneMoney
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number197340504547
WebsiteHandelsbanken WebsiteCardOneMoney Website

Common Comparison Questions

Does Handelsbanken or CardOneMoney 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, CardOneMoney scores 4.6 out of 5 based 798 Trustpilot reviews. Of which 85% are 5-star and 9% are 1-star.

Does Handelsbanken or CardOneMoney 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, CardOneMoney’s iPhone App is rated 2.7 out of 5 based on 61 reviews. And it’s Android App is rated 3.9 out of 5 based on 200 reviews.

Does Handelsbanken or CardOneMoney 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, CardOneMoney offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Handelsbanken vs Fair Everywhere
Handelsbanken vs Countingup
Handelsbanken vs State Bank of India (UK)
Handelsbanken vs Charity Bank
Handelsbanken vs Cumberland Building Society


For other business bank accounts see our guide here.

 



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