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Nationwide VS Kent Reliance: Business Banking Review & Fee Comparison


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

Is Nationwide or Kent Reliance better for your small business?



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Below we look at both Nationwide and Kent Reliance 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


Kent Reliance Homepage
Kent Reliance Homepage
 

Nationwide vs Kent Reliance Trustpilot Reviews

NationwideKent Reliance
Trustpilot Review Score (out of 5)1.74
Percent 5-Star Reviews15%61%
Percent 1- Star Reviews75%22%
Total Number of Reviews5,5092,104
Sources:
https://www.trustpilot.com/review/www.nationwide.co.uk
https://www.trustpilot.com/review/www.kentreliance.co.uk

Nationwide vs Kent Reliance App Reviews

NationwideKent Reliance
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 Kent Reliance Account Fees & Charges

NationwideKent Reliance
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£6.50Free
Most Expensive Monthly Account Fee£30Free
Electronic Payment Cost (in/out)Free£10
Cash Payments Cost (in/out)1%£1
Cheques (in/out)£1.50£1
CHAPS Payments Cost£15£10
SEPA Payments CostNoNo

Nationwide vs Kent Reliance Business Savings Rates

NationwideKent Reliance
Types of Business Savings AccountsInstant access, Limited access, Fixed rateEasy access, Notice Account, Fixed rate, Business savings
Lowest Savings Rate (AER)2.25%0.10%
Maximum Savings Rate (AER)6.50%5.13%
Minimum Savings Amount£1£1,000
Interest Paid On Foreign CurrenciesYesNo
 

Nationwide vs Kent Reliance Account Opening Times

NationwideKent Reliance
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working days10 minutes
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesNo

Nationwide vs Kent Reliance Features & Account Types

Nationwide Account Types
Nationwide Features & Account Types


Kent Reliance Account Types
Kent Reliance Features & Account Types


NationwideKent Reliance
Business Current AccountYesNo
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeVisaNone
Online BankingYesYes
Mobile BankingYesNo
In Person/Branch BankingYesYes
Branch LocationsUK-wideLocations in Kent only

Nationwide vs Kent Reliance Customer Support Options

NationwideKent Reliance
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportYesYes

Nationwide vs Kent Reliance Foreign Currency Accounts

NationwideKent Reliance
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
Other Currencies Available:
  • Canadian Dollar
  • Australian Dollar
No

Other Business Services From Nationwide and Kent Reliance

Nationwide Account Types
Other Nationwide Services


Kent Reliance Account Types
Other Kent Reliance Services


NationwideKent Reliance
Business LoansNoYes
Commercial MortgagesYesYes
Invoice FinancingNoNo
International PaymentsYesNo
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Nationwide vs Kent Reliance Banking Basics

NationwideKent Reliance
Bank TypeBuilding SocietyChallenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number106078530504
WebsiteNationwide WebsiteKent Reliance Website

Common Comparison Questions

Does Nationwide or Kent Reliance 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, Kent Reliance scores 4 out of 5 based 2,104 Trustpilot reviews. Of which 61% are 5-star and 22% are 1-star.

Does Nationwide or Kent Reliance 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, Kent Reliance’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 Kent Reliance 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, Kent Reliance offers Easy access, Notice Account, Fixed rate, Business savings accounts with interest rates ranging from 0.10% to 5.13% (AER).

See Other Comparisons:
Nationwide vs Cynergy Bank
Nationwide vs Zempler Bank (formerly Cashplus)
Nationwide vs Co-operative Bank
Nationwide vs Aldermore
Nationwide vs Handelsbanken


For other business bank accounts see our guide here.

 



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