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Handelsbanken VS Countingup: Business Banking Review & Fee Comparison


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

Is Handelsbanken or Countingup better for your small business?



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Below we look at both Handelsbanken and Countingup 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


Countingup Homepage
Countingup Homepage
 

Handelsbanken vs Countingup Trustpilot Reviews

HandelsbankenCountingup
Trustpilot Review Score (out of 5)2.34.4
Percent 5-Star Reviews33%81%
Percent 1- Star Reviews55%9%
Total Number of Reviews1242,382
Sources:
https://www.trustpilot.com/review/handelsbanken.co.uk
https://www.trustpilot.com/review/countingup.com

Handelsbanken vs Countingup App Reviews

HandelsbankenCountingup
iPhone Review Score (out of 5)2.64.7
Number of iPhone Reviews172,800
Android Review Score (out of 5)1.64.5
Number of Android Reviews61,300
Sources:
https://apps.apple.com/gb/app/handelsbanken-uk-corporate/id1122527533
https://apps.apple.com/gb/app/countingup-business-account/id1286828618

Handelsbanken vs Countingup Account Fees & Charges

HandelsbankenCountingup
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£5£3
Most Expensive Monthly Account Fee£20£18
Electronic Payment Cost (in/out)Free30p
Cash Payments Cost (in/out)30p£1
Cheques (in/out)£1.50Free
CHAPS Payments Cost£15No
SEPA Payments Cost25pNo

Handelsbanken vs Countingup Business Savings Rates

HandelsbankenCountingup
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 Countingup Account Opening Times

HandelsbankenCountingup
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working days5 minutes
Do They Check Your Credit?NoNo
Current Account Switch ServiceYesYes

Handelsbanken vs Countingup Features & Account Types

Handelsbanken Account Types
Handelsbanken Features & Account Types


Countingup Account Types
Countingup Features & Account Types


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

Handelsbanken vs Countingup Customer Support Options

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

Handelsbanken vs Countingup Foreign Currency Accounts

HandelsbankenCountingup
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)
  • GBP (British Pound)
  • EUR (Euro)
  • USD (US Dollar)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • CHF (Swiss Franc)
  • SEK (Swedish Krona)
  • DKK (Danish Krone)
  • NOK (Norwegian Krone)

Other Business Services From Handelsbanken and Countingup

Handelsbanken Account Types
Other Handelsbanken Services


Countingup Account Types
Other Countingup Services


HandelsbankenCountingup
Business LoansYesNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoYes

Handelsbanken vs Countingup Banking Basics

HandelsbankenCountingup
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number197340900010
WebsiteHandelsbanken WebsiteCountingup Website

Common Comparison Questions

Does Handelsbanken or Countingup 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, Countingup scores 4.4 out of 5 based 2,382 Trustpilot reviews. Of which 81% are 5-star and 9% are 1-star.

Does Handelsbanken or Countingup 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, Countingup’s iPhone App is rated 4.7 out of 5 based on 2,800 reviews. And it’s Android App is rated 4.5 out of 5 based on 1,300 reviews.

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

See Other Comparisons:
Handelsbanken vs State Bank of India (UK)
Handelsbanken vs Charity Bank
Handelsbanken vs Cumberland Building Society
Handelsbanken vs Redwood Bank
Handelsbanken vs Amaiz


For other business bank accounts see our guide here.

 



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