Is Kent Reliance or Recognise Bank better for your small business?
Below we look at both Kent Reliance and Recognise Bank 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.
Kent Reliance vs Recognise Bank Trustpilot Reviews
| Kent Reliance | Recognise Bank | |
| Trustpilot Review Score (out of 5) | 4 | 4.6 |
| Percent 5-Star Reviews | 61% | 77% |
| Percent 1- Star Reviews | 22% | 5% |
| Total Number of Reviews | 2,104 | 539 |
https://www.trustpilot.com/review/www.kentreliance.co.uk
https://www.trustpilot.com/review/recognisebank.co.uk
Kent Reliance vs Recognise Bank App Reviews
| Kent Reliance | Recognise Bank | |
| iPhone Review Score (out of 5) | No Rating | No Rating |
| Number of iPhone Reviews | No Reviews | No Reviews |
| Android Review Score (out of 5) | No Rating | No Rating |
| Number of Android Reviews | No Reviews | No Reviews |
https://www.apple.com/uk/app-store/
https://www.apple.com/uk/app-store/
Kent Reliance vs Recognise Bank Account Fees & Charges
| Kent Reliance | Recognise Bank | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | No Limit |
| Cheapest Monthly Account Fee | Free | No |
| Most Expensive Monthly Account Fee | Free | No |
| Electronic Payment Cost (in/out) | £10 | Free |
| Cash Payments Cost (in/out) | £1 | Free |
| Cheques (in/out) | £1 | Free |
| CHAPS Payments Cost | £10 | £15 |
| SEPA Payments Cost | No | 25p |
Kent Reliance vs Recognise Bank Business Savings Rates
| Kent Reliance | Recognise Bank | |
| Types of Business Savings Accounts | Easy access, Notice Account, Fixed rate, Business savings | Notice account, Fixed Rate, Instant access |
| Lowest Savings Rate (AER) | 0.10% | 3.15% |
| Maximum Savings Rate (AER) | 5.13% | 4.50% |
| Minimum Savings Amount | £1,000 | £1,000 |
| Interest Paid On Foreign Currencies | No | Yes |
Kent Reliance vs Recognise Bank Account Opening Times
| Kent Reliance | Recognise Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 minutes | Few minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | No | No |
Kent Reliance vs Recognise Bank Features & Account Types
| Kent Reliance | Recognise Bank | |
| Business Current Account | No | No |
| Business Savings Account | Yes | Yes |
| Business Credit Card | No | No |
| Business Overdraft | No | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | None | None |
| Online Banking | Yes | Yes |
| Mobile Banking | No | No |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Locations in Kent only | None, online and phone only |
Kent Reliance vs Recognise Bank Customer Support Options
| Kent Reliance | Recognise Bank | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | No | No |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
Kent Reliance vs Recognise Bank Foreign Currency Accounts
| Kent Reliance | Recognise Bank | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Kent Reliance and Recognise Bank
| Kent Reliance | Recognise Bank | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | No | No |
| International Payments | No | No |
| Merchant Payment Services | No | No |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Kent Reliance vs Recognise Bank Banking Basics
| Kent Reliance | Recognise Bank | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 530504 | 849404 |
| Website | Kent Reliance Website | Recognise Bank Website |
Common Comparison Questions
Does Kent Reliance or Recognise Bank have better customer reviews?
Kent Reliance scores 4 out of 5 based 2,104 Trustpilot reviews. Of these reviews 61% are 5-star and 22% are 1-star.
Whereas, Recognise Bank scores 4.6 out of 5 based 539 Trustpilot reviews. Of which 77% are 5-star and 5% are 1-star.
Does Kent Reliance or Recognise Bank have a better App?
Kent Reliance’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, Recognise 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.
Does Kent Reliance or Recognise Bank have better business savings rates?
Kent Reliance offers the following types of business savings accounts: Easy access, Notice Account, Fixed rate, Business savings with interest rates ranging from 0.10% to 5.13%. (AER)
In contrast, Recognise Bank offers Notice account, Fixed Rate, Instant access accounts with interest rates ranging from 3.15% to 4.50% (AER).
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For other business bank accounts see our guide here.