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Nationwide VS Hampshire Trust Bank: Business Banking Review & Fee Comparison


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

Is Nationwide or Hampshire Trust Bank better for your small business?



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Below we look at both Nationwide and Hampshire Trust Bank 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


Hampshire Trust Bank Homepage
Hampshire Trust Bank Homepage
 

Nationwide vs Hampshire Trust Bank Trustpilot Reviews

NationwideHampshire Trust Bank
Trustpilot Review Score (out of 5)1.74.5
Percent 5-Star Reviews15%75%
Percent 1- Star Reviews75%7%
Total Number of Reviews5,5091,591
Sources:
https://www.trustpilot.com/review/www.nationwide.co.uk
https://www.trustpilot.com/review/htb.co.uk

Nationwide vs Hampshire Trust Bank App Reviews

NationwideHampshire Trust Bank
iPhone Review Score (out of 5)4.8No Rating
Number of iPhone Reviews595,000No Reviews
Android Review Score (out of 5)4.5No Rating
Number of Android Reviews106,000No Reviews
Sources:
https://apps.apple.com/gb/app/nationwide-mobile-banking/id542355130
https://www.apple.com/uk/app-store/

Nationwide vs Hampshire Trust Bank Account Fees & Charges

NationwideHampshire Trust Bank
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£6.50No
Most Expensive Monthly Account Fee£30No
Electronic Payment Cost (in/out)Free25p
Cash Payments Cost (in/out)1%£1
Cheques (in/out)£1.50£1
CHAPS Payments Cost£15£25
SEPA Payments CostNo20p

Nationwide vs Hampshire Trust Bank Business Savings Rates

NationwideHampshire Trust Bank
Types of Business Savings AccountsInstant access, Limited access, Fixed rateNotice Account, Fixed
Lowest Savings Rate (AER)2.25%4.50%
Maximum Savings Rate (AER)6.50%5.15%
Minimum Savings Amount£1£5,000
Interest Paid On Foreign CurrenciesYesNo
 

Nationwide vs Hampshire Trust Bank Account Opening Times

NationwideHampshire Trust Bank
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working days1 day
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesNo

Nationwide vs Hampshire Trust Bank Features & Account Types

Nationwide Account Types
Nationwide Features & Account Types


Hampshire Trust Bank Account Types
Hampshire Trust Bank Features & Account Types


NationwideHampshire Trust Bank
Business Current AccountYesNo
Business Savings AccountYesYes
Business Credit CardYesYes
Business OverdraftYesYes
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeVisaNone
Online BankingYesYes
Mobile BankingYesNo
In Person/Branch BankingYesNo
Branch LocationsUK-wideLondon & Leeds

Nationwide vs Hampshire Trust Bank Customer Support Options

NationwideHampshire Trust Bank
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportYesNo

Nationwide vs Hampshire Trust Bank Foreign Currency Accounts

NationwideHampshire Trust Bank
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • Canadian Dollar
  • Australian Dollar
No

Other Business Services From Nationwide and Hampshire Trust Bank

Nationwide Account Types
Other Nationwide Services


Hampshire Trust Bank Account Types
Other Hampshire Trust Bank Services


NationwideHampshire Trust Bank
Business LoansNoYes
Commercial MortgagesYesYes
Invoice FinancingNoYes
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Nationwide vs Hampshire Trust Bank Banking Basics

NationwideHampshire Trust Bank
Bank TypeBuilding SocietyChallenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number106078204601
WebsiteNationwide WebsiteHampshire Trust Bank Website

Common Comparison Questions

Does Nationwide or Hampshire Trust Bank 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, Hampshire Trust Bank scores 4.5 out of 5 based 1,591 Trustpilot reviews. Of which 75% are 5-star and 7% are 1-star.

Does Nationwide or Hampshire Trust Bank 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, Hampshire Trust Bank’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 Nationwide or Hampshire Trust Bank 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, Hampshire Trust Bank offers Notice Account, Fixed accounts with interest rates ranging from 4.50% to 5.15% (AER).

See Other Comparisons:
Nationwide vs Mettle
Nationwide vs Monese
Nationwide vs Saffron Building Society
Nationwide vs OakNorth
Nationwide vs Airwallex


For other business bank accounts see our guide here.

 



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