Merchant Machine

Nationwide VS Countingup: Business Banking Review & Fee Comparison


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

Is Nationwide or Countingup better for your small business?



Compare UK Business Bank Accounts

Powered By BusinessBankAccounts.co.uk



Below we look at both Nationwide 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.

Nationwide Homepage
Nationwide Homepage


Countingup Homepage
Countingup Homepage
 

Nationwide vs Countingup Trustpilot Reviews

NationwideCountingup
Trustpilot Review Score (out of 5)1.74.4
Percent 5-Star Reviews15%81%
Percent 1- Star Reviews75%9%
Total Number of Reviews5,5092,382
Sources:
https://www.trustpilot.com/review/www.nationwide.co.uk
https://www.trustpilot.com/review/countingup.com

Nationwide vs Countingup App Reviews

NationwideCountingup
iPhone Review Score (out of 5)4.84.7
Number of iPhone Reviews595,0002,800
Android Review Score (out of 5)4.54.5
Number of Android Reviews106,0001,300
Sources:
https://apps.apple.com/gb/app/nationwide-mobile-banking/id542355130
https://apps.apple.com/gb/app/countingup-business-account/id1286828618

Nationwide vs Countingup Account Fees & Charges

NationwideCountingup
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£6.50£3
Most Expensive Monthly Account Fee£30£18
Electronic Payment Cost (in/out)Free30p
Cash Payments Cost (in/out)1%£1
Cheques (in/out)£1.50Free
CHAPS Payments Cost£15No
SEPA Payments CostNoNo

Nationwide vs Countingup Business Savings Rates

NationwideCountingup
Types of Business Savings AccountsInstant access, Limited access, Fixed rateNone
Lowest Savings Rate (AER)2.25%NA
Maximum Savings Rate (AER)6.50%NA
Minimum Savings Amount£1NA
Interest Paid On Foreign CurrenciesYesYes
 

Nationwide vs Countingup Account Opening Times

NationwideCountingup
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working days5 minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesYes

Nationwide vs Countingup Features & Account Types

Nationwide Account Types
Nationwide Features & Account Types


Countingup Account Types
Countingup Features & Account Types


NationwideCountingup
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesYesNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeVisaMastercard
Online BankingYesNo
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsUK-wideNone, online only

Nationwide vs Countingup Customer Support Options

NationwideCountingup
Phone Support AvailableYesNo
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

Nationwide vs Countingup Foreign Currency Accounts

NationwideCountingup
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • Canadian Dollar
  • Australian Dollar
  • 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 Nationwide and Countingup

Nationwide Account Types
Other Nationwide Services


Countingup Account Types
Other Countingup Services


NationwideCountingup
Business LoansNoNo
Commercial MortgagesYesNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoYes

Nationwide vs Countingup Banking Basics

NationwideCountingup
Bank TypeBuilding SocietyChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number106078900010
WebsiteNationwide WebsiteCountingup Website

Common Comparison Questions

Does Nationwide or Countingup have better customer reviews?

Nationwide scores 1.7 out of 5 based 5,509 Trustpilot reviews. Of these reviews 15% are 5-star and 75% 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 Nationwide or Countingup have a better App?

Nationwide’s iPhone App is rated 4.8 out of 5 based on 595,000 reviews. And it’s Android App is rated 4.5 out of 5 based on 106,000 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 Nationwide or Countingup have better business savings rates?

Nationwide offers the following types of business savings accounts: Instant access, Limited access, Fixed rate with interest rates ranging from 2.25% to 6.50%. (AER)

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

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


For other business bank accounts see our guide here.

 



Please note: Merchant Machine is an information and comparison website only.
We do not provide merchant services nor can we recommend which solution is right for you and your business.
Blog · About · Privacy Policy · Terms of Use · Contact Us
Copyright © 2025 Brilliant British Ltd trading as Merchant Machine

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224