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Monese VS Amaiz: Business Banking Review & Fee Comparison


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

Is Monese or Amaiz better for your small business?



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Below we look at both Monese and Amaiz 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.

Monese Homepage
Monese Homepage


Amaiz Homepage
Amaiz Homepage
 

Monese vs Amaiz Trustpilot Reviews

MoneseAmaiz
Trustpilot Review Score (out of 5)4.34.1
Percent 5-Star Reviews68%68%
Percent 1- Star Reviews17%20%
Total Number of Reviews40,330168
Sources:
https://www.trustpilot.com/review/www.monese.com
https://www.trustpilot.com/review/amaiz.com

Monese vs Amaiz App Reviews

MoneseAmaiz
iPhone Review Score (out of 5)4.8No Rating
Number of iPhone Reviews68,100No Reviews
Android Review Score (out of 5)4.5No Rating
Number of Android Reviews101,000No Reviews
Sources:
https://apps.apple.com/gb/app/monese-a-banking-alternative/id1102793407
https://www.apple.com/uk/app-store/

Monese vs Amaiz Account Fees & Charges

MoneseAmaiz
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£5.95£49
Most Expensive Monthly Account Fee£14.95£99
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)3.5% / 2%Free
Cheques (in/out)FreeFree
CHAPS Payments CostNo£15
SEPA Payments CostNo£3

Monese vs Amaiz Business Savings Rates

MoneseAmaiz
Types of Business Savings AccountsNoneNone
Lowest Savings Rate (AER)NANA
Maximum Savings Rate (AER)NANA
Minimum Savings AmountNANA
Interest Paid On Foreign CurrenciesYesYes
 

Monese vs Amaiz Account Opening Times

MoneseAmaiz
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 dayFew minutes
Do They Check Your Credit?NoNo
Current Account Switch ServiceYesYes

Monese vs Amaiz Features & Account Types

Monese Account Types
Monese Features & Account Types


Amaiz Account Types
Amaiz Features & Account Types


MoneseAmaiz
Business Current AccountYesYes
Business Savings AccountNoNo
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyNone, online only

Monese vs Amaiz Customer Support Options

MoneseAmaiz
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportNoNo

Monese vs Amaiz Foreign Currency Accounts

MoneseAmaiz
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • EUR (Euro)
  • USD (United States Dollar)
  • AUD (Australian Dollar)
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • DKK (Danish Krone)
  • NOK (Norwegian Krone)
  • SEK (Swedish Krona)
  • EUR (Euro)
  • USD (US Dollar)
  • AUD (Australian Dollar)
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • JPY (Japanese Yen)
  • NZD (New Zealand Dollar)
  • PLN (Polish Zloty)
  • RON (Romanian Leu)
  • SEK (Swedish Krona)
  • TRY (Turkish Lira)

Other Business Services From Monese and Amaiz

Monese Account Types
Other Monese Services


Amaiz Account Types
Other Amaiz Services


MoneseAmaiz
Business LoansNoNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoNo
Free Accounting SoftwareNoYes

Monese vs Amaiz Banking Basics

MoneseAmaiz
Bank TypeChallengerChallenger
FSCS ProtectionNoNo
FCA Number900960900857
WebsiteMonese WebsiteAmaiz Website

Common Comparison Questions

Does Monese or Amaiz have better customer reviews?

Monese scores 4.3 out of 5 based 40,330 Trustpilot reviews. Of these reviews 68% are 5-star and 17% are 1-star.

Whereas, Amaiz scores 4.1 out of 5 based 168 Trustpilot reviews. Of which 68% are 5-star and 20% are 1-star.

Does Monese or Amaiz have a better App?

Monese’s iPhone App is rated 4.8 out of 5 based on 68,100 reviews. And it’s Android App is rated 4.5 out of 5 based on 101,000 reviews.

In comparison, Amaiz’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 Monese or Amaiz have better business savings rates?

Monese offers the following types of business savings accounts: None with interest rates ranging from NA to NA. (AER)

In contrast, Amaiz offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Monese vs ICICI Bank UK
Monese vs Intergiro
Monese vs GoSolo
Monese vs 3S Money
Monese vs MultiPass


For other business bank accounts see our guide here.

 



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