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Monese VS Countingup: Business Banking Review & Fee Comparison


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

Is Monese or Countingup better for your small business?



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Below we look at both Monese 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.

Monese Homepage
Monese Homepage


Countingup Homepage
Countingup Homepage
 

Monese vs Countingup Trustpilot Reviews

MoneseCountingup
Trustpilot Review Score (out of 5)4.34.4
Percent 5-Star Reviews68%81%
Percent 1- Star Reviews17%9%
Total Number of Reviews40,3302,382
Sources:
https://www.trustpilot.com/review/www.monese.com
https://www.trustpilot.com/review/countingup.com

Monese vs Countingup App Reviews

MoneseCountingup
iPhone Review Score (out of 5)4.84.7
Number of iPhone Reviews68,1002,800
Android Review Score (out of 5)4.54.5
Number of Android Reviews101,0001,300
Sources:
https://apps.apple.com/gb/app/monese-a-banking-alternative/id1102793407
https://apps.apple.com/gb/app/countingup-business-account/id1286828618

Monese vs Countingup Account Fees & Charges

MoneseCountingup
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£5.95£3
Most Expensive Monthly Account Fee£14.95£18
Electronic Payment Cost (in/out)Free30p
Cash Payments Cost (in/out)3.5% / 2%£1
Cheques (in/out)FreeFree
CHAPS Payments CostNoNo
SEPA Payments CostNoNo

Monese vs Countingup Business Savings Rates

MoneseCountingup
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 Countingup Account Opening Times

MoneseCountingup
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 day5 minutes
Do They Check Your Credit?NoNo
Current Account Switch ServiceYesYes

Monese vs Countingup Features & Account Types

Monese Account Types
Monese Features & Account Types


Countingup Account Types
Countingup Features & Account Types


MoneseCountingup
Business Current AccountYesYes
Business Savings AccountNoYes
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesNoNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeMastercardMastercard
Online BankingYesNo
Mobile BankingYesYes
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyNone, online only

Monese vs Countingup Customer Support Options

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

Monese vs Countingup Foreign Currency Accounts

MoneseCountingup
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)
  • 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 Monese and Countingup

Monese Account Types
Other Monese Services


Countingup Account Types
Other Countingup Services


MoneseCountingup
Business LoansNoNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoYes

Monese vs Countingup Banking Basics

MoneseCountingup
Bank TypeChallengerChallenger
FSCS ProtectionNoNo
FCA Number900960900010
WebsiteMonese WebsiteCountingup Website

Common Comparison Questions

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

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

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


For other business bank accounts see our guide here.

 



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