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Lloyds Bank VS Hampshire Trust Bank: Business Banking Review & Fee Comparison


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

Is Lloyds Bank or Hampshire Trust Bank better for your small business?



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Below we look at both Lloyds Bank and Hampshire Trust 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.

Lloyds Bank Homepage
Lloyds Bank Homepage


Hampshire Trust Bank Homepage
Hampshire Trust Bank Homepage
 

Lloyds Bank vs Hampshire Trust Bank Trustpilot Reviews

Lloyds BankHampshire Trust Bank
Trustpilot Review Score (out of 5)1.74.5
Percent 5-Star Reviews13%75%
Percent 1- Star Reviews79%7%
Total Number of Reviews4,3111,591
Sources:
https://www.trustpilot.com/review/lloydsbank.com
https://www.trustpilot.com/review/htb.co.uk

Lloyds Bank vs Hampshire Trust Bank App Reviews

Lloyds BankHampshire Trust Bank
iPhone Review Score (out of 5)4.8No Rating
Number of iPhone Reviews1,900,000No Reviews
Android Review Score (out of 5)4.6No Rating
Number of Android Reviews317,000No Reviews
Sources:
https://apps.apple.com/gb/app/lloyds-bank-mobile-banking/id469964520
https://www.apple.com/uk/app-store/

Lloyds Bank vs Hampshire Trust Bank Account Fees & Charges

Lloyds BankHampshire Trust Bank
Free Business Bank AccountYesNo
Free Business Account Term Length12 MonthsNA
Cheapest Monthly Account Fee£8.50No
Most Expensive Monthly Account Fee£8.50No
Electronic Payment Cost (in/out)Free / 20p25p
Cash Payments Cost (in/out)£85p / £1.50 per £100£1
Cheques (in/out)85p per cheque£1
CHAPS Payments Cost£30£25
SEPA Payments Cost£520p

Lloyds Bank vs Hampshire Trust Bank Business Savings Rates

Lloyds BankHampshire Trust Bank
Types of Business Savings AccountsFixed Term Deposit, Instant access account, Notice accountsNotice Account, Fixed
Lowest Savings Rate (AER)1.31%4.50%
Maximum Savings Rate (AER)4.37%5.15%
Minimum Savings Amount£1£5,000
Interest Paid On Foreign CurrenciesYesNo
 

Lloyds Bank vs Hampshire Trust Bank Account Opening Times

Lloyds BankHampshire Trust Bank
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working days1 day
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesNo

Lloyds Bank vs Hampshire Trust Bank Features & Account Types

Lloyds Bank Account Types
Lloyds Bank Features & Account Types


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


Lloyds BankHampshire Trust Bank
Business Current AccountYesNo
Business Savings AccountYesYes
Business Credit CardYesYes
Business OverdraftYesYes
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeVisaNone
Online BankingYesYes
Mobile BankingYesNo
In Person/Branch BankingYesNo
Branch LocationsUK-wideLondon & Leeds

Lloyds Bank vs Hampshire Trust Bank Customer Support Options

Lloyds BankHampshire Trust Bank
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportYesNo

Lloyds Bank vs Hampshire Trust Bank Foreign Currency Accounts

Lloyds BankHampshire Trust Bank
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Japanese Yen (JPY)
  • New Zealand Dollar (NZD)
  • Singapore Dollar (SGD)
  • Hong Kong Dollar (HKD)
  • Chinese Yuan (CNY)
No

Other Business Services From Lloyds Bank and Hampshire Trust Bank

Lloyds Bank Account Types
Other Lloyds Bank Services


Hampshire Trust Bank Account Types
Other Hampshire Trust Bank Services


Lloyds BankHampshire Trust Bank
Business LoansYesYes
Commercial MortgagesYesYes
Invoice FinancingYesYes
International PaymentsYesYes
Merchant Payment ServicesYesNo
Card MachinesYesNo
Free Accounting SoftwareYesNo

Lloyds Bank vs Hampshire Trust Bank Banking Basics

Lloyds BankHampshire Trust Bank
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number119278204601
WebsiteLloyds Bank WebsiteHampshire Trust Bank Website

Common Comparison Questions

Does Lloyds Bank or Hampshire Trust Bank have better customer reviews?

Lloyds Bank scores 1.7 out of 5 based 4,311 Trustpilot reviews. Of these reviews 13% are 5-star and 79% are 1-star.

Whereas, Hampshire Trust Bank scores 4.5 out of 5 based 1,591 Trustpilot reviews. Of which 75% are 5-star and 7% are 1-star.

Does Lloyds Bank or Hampshire Trust Bank have a better App?

Lloyds Bank’s iPhone App is rated 4.8 out of 5 based on 1,900,000 reviews. And it’s Android App is rated 4.6 out of 5 based on 317,000 reviews.

In comparison, 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.

Does Lloyds Bank or Hampshire Trust Bank have better business savings rates?

Lloyds Bank offers the following types of business savings accounts: Fixed Term Deposit, Instant access account, Notice accounts with interest rates ranging from 1.31% to 4.37%. (AER)

In contrast, Hampshire Trust Bank offers Notice Account, Fixed accounts with interest rates ranging from 4.50% to 5.15% (AER).

See Other Comparisons:
Lloyds Bank vs Mettle
Lloyds Bank vs Monese
Lloyds Bank vs Saffron Building Society
Lloyds Bank vs OakNorth
Lloyds Bank vs Airwallex


For other business bank accounts see our guide here.

 



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