Is Monzo or Dudley Building Society better for your small business?
Below we look at both Monzo and Dudley Building Society 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.
Monzo vs Dudley Building Society Trustpilot Reviews
| Monzo | Dudley Building Society | |
| Trustpilot Review Score (out of 5) | 3.9 | 3.1 |
| Percent 5-Star Reviews | 77% | 25% |
| Percent 1- Star Reviews | 14% | 63% |
| Total Number of Reviews | 30,333 | 24 |
https://www.trustpilot.com/review/www.monzo.com
https://www.trustpilot.com/review/www.dudleybuildingsociety.co.uk
Monzo vs Dudley Building Society App Reviews
| Monzo | Dudley Building Society | |
| iPhone Review Score (out of 5) | 4.9 | No Rating |
| Number of iPhone Reviews | 189,000 | No Reviews |
| Android Review Score (out of 5) | 4.7 | No Rating |
| Number of Android Reviews | 125,000 | No Reviews |
https://apps.apple.com/gb/app/monzo-bank-mobile-banking/id1052238659
https://www.apple.com/uk/app-store/
Monzo vs Dudley Building Society Account Fees & Charges
| Monzo | Dudley Building Society | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | No Limit | NA |
| Cheapest Monthly Account Fee | No | £5 |
| Most Expensive Monthly Account Fee | £5 | £5 |
| Electronic Payment Cost (in/out) | Free | Free |
| Cash Payments Cost (in/out) | £1 | £1 per £100 |
| Cheques (in/out) | Unknown | £1 |
| CHAPS Payments Cost | £20 | £25 |
| SEPA Payments Cost | No | 25p |
Monzo vs Dudley Building Society Business Savings Rates
| Monzo | Dudley Building Society | |
| Types of Business Savings Accounts | Instant Access Savings Pot | Notice account, Fixed Rate, Instant access |
| Lowest Savings Rate (AER) | 1.60% | 3.75% |
| Maximum Savings Rate (AER) | 1.60% | 4.90% |
| Minimum Savings Amount | No | £1,000 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Monzo vs Dudley Building Society Account Opening Times
| Monzo | Dudley Building Society | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 1 to 8 Working days | Undisclosed |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | No |
Monzo vs Dudley Building Society Features & Account Types
| Monzo | Dudley Building Society | |
| Business Current Account | Yes | No |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | No | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | None |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | No |
| In Person/Branch Banking | No | Yes |
| Branch Locations | None, online only | Locations around Dudley only |
Monzo vs Dudley Building Society Customer Support Options
| Monzo | Dudley Building Society | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | No |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | Yes |
Monzo vs Dudley Building Society Foreign Currency Accounts
| Monzo | Dudley Building Society | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
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Other Business Services From Monzo and Dudley Building Society
| Monzo | Dudley Building Society | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
Monzo vs Dudley Building Society Banking Basics
| Monzo | Dudley Building Society | |
| Bank Type | Challenger | Building Society |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 730427 | 161294 |
| Website | Monzo Website | Dudley Building Society Website |
Common Comparison Questions
Does Monzo or Dudley Building Society have better customer reviews?
Monzo scores 3.9 out of 5 based 30,333 Trustpilot reviews. Of these reviews 77% are 5-star and 14% are 1-star.
Whereas, Dudley Building Society scores 3.1 out of 5 based 24 Trustpilot reviews. Of which 25% are 5-star and 63% are 1-star.
Does Monzo or Dudley Building Society have a better App?
Monzo’s iPhone App is rated 4.9 out of 5 based on 189,000 reviews. And it’s Android App is rated 4.7 out of 5 based on 125,000 reviews.
In comparison, Dudley Building Society’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 Monzo or Dudley Building Society have better business savings rates?
Monzo offers the following types of business savings accounts: Instant Access Savings Pot with interest rates ranging from 1.60% to 1.60%. (AER)
In contrast, Dudley Building Society offers Notice account, Fixed Rate, Instant access accounts with interest rates ranging from 3.75% to 4.90% (AER).
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For other business bank accounts see our guide here.