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Monese VS Ampere: Business Banking Review & Fee Comparison


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

Is Monese or Ampere better for your small business?



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Below we look at both Monese and Ampere 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


Ampere Homepage
Ampere Homepage
 

Monese vs Ampere Trustpilot Reviews

MoneseAmpere
Trustpilot Review Score (out of 5)4.34.2
Percent 5-Star Reviews68%74%
Percent 1- Star Reviews17%18%
Total Number of Reviews40,33050
Sources:
https://www.trustpilot.com/review/www.monese.com
https://www.trustpilot.com/review/ampere.co.uk

Monese vs Ampere App Reviews

MoneseAmpere
iPhone Review Score (out of 5)4.84.8
Number of iPhone Reviews68,10030
Android Review Score (out of 5)4.54.7
Number of Android Reviews101,000953
Sources:
https://apps.apple.com/gb/app/monese-a-banking-alternative/id1102793407
https://apps.apple.com/us/app/ampere-business-mobile-bank/id1641508835

Monese vs Ampere Account Fees & Charges

MoneseAmpere
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£5.95£20.00
Most Expensive Monthly Account Fee£14.95£20.00
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)3.5% / 2%NA
Cheques (in/out)FreeNA
CHAPS Payments CostNo£25
SEPA Payments CostNoFree

Monese vs Ampere Business Savings Rates

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

Monese vs Ampere Account Opening Times

MoneseAmpere
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 dayUndisclosed
Do They Check Your Credit?NoYes
Current Account Switch ServiceYesNo

Monese vs Ampere Features & Account Types

Monese Account Types
Monese Features & Account Types


Ampere Account Types
Ampere Features & Account Types


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

Monese vs Ampere Customer Support Options

MoneseAmpere
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoNo

Monese vs Ampere Foreign Currency Accounts

MoneseAmpere
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
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)
No

Other Business Services From Monese and Ampere

Monese Account Types
Other Monese Services


Ampere Account Types
Other Ampere Services


MoneseAmpere
Business LoansNoYes
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoYes
Free Accounting SoftwareNoNo

Monese vs Ampere Banking Basics

MoneseAmpere
Bank TypeChallengerChallenger
FSCS ProtectionNoNo
FCA Number900960900594
WebsiteMonese WebsiteAmpere Website

Common Comparison Questions

Does Monese or Ampere 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, Ampere scores 4.2 out of 5 based 50 Trustpilot reviews. Of which 74% are 5-star and 18% are 1-star.

Does Monese or Ampere 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, Ampere’s iPhone App is rated 4.8 out of 5 based on 30 reviews. And it’s Android App is rated 4.7 out of 5 based on 953 reviews.

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

See Other Comparisons:
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Saffron Building Society vs Airwallex
Saffron Building Society vs Triodos Bank
Saffron Building Society vs Soldo
Saffron Building Society vs Cambridge Building Society


For other business bank accounts see our guide here.

 



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