Is Nationwide or Revolut Business better for your small business?
Below we look at both Nationwide and Revolut Business 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 vs Revolut Business Trustpilot Reviews
| Nationwide | Revolut Business | |
| Trustpilot Review Score (out of 5) | 1.7 | 4.2 |
| Percent 5-Star Reviews | 15% | 75% |
| Percent 1- Star Reviews | 75% | 10% |
| Total Number of Reviews | 5,509 | 148,162 |
https://www.trustpilot.com/review/www.nationwide.co.uk
https://www.trustpilot.com/review/www.revolut.com
Nationwide vs Revolut Business App Reviews
| Nationwide | Revolut Business | |
| iPhone Review Score (out of 5) | 4.8 | 4.9 |
| Number of iPhone Reviews | 595,000 | 26,200 |
| Android Review Score (out of 5) | 4.5 | 4.6 |
| Number of Android Reviews | 106,000 | 20,300 |
https://apps.apple.com/gb/app/nationwide-mobile-banking/id542355130
https://apps.apple.com/gb/app/revolut-business/id1436969262
Nationwide vs Revolut Business Account Fees & Charges
| Nationwide | Revolut Business | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | No Limit |
| Cheapest Monthly Account Fee | £6.50 | £19 |
| Most Expensive Monthly Account Fee | £30 | £79 |
| Electronic Payment Cost (in/out) | Free | 1% + 20p |
| Cash Payments Cost (in/out) | 1% | €1 |
| Cheques (in/out) | £1.50 | £8 |
| CHAPS Payments Cost | £15 | £25 |
| SEPA Payments Cost | No | 20p |
Nationwide vs Revolut Business Business Savings Rates
| Nationwide | Revolut Business | |
| Types of Business Savings Accounts | Instant access, Limited access, Fixed rate | Grow, Scale, Enterprise |
| Lowest Savings Rate (AER) | 2.25% | 2% |
| Maximum Savings Rate (AER) | 6.50% | 3% |
| Minimum Savings Amount | £1 | No |
| Interest Paid On Foreign Currencies | Yes | Yes |
Nationwide vs Revolut Business Account Opening Times
| Nationwide | Revolut Business | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 7 Working days | 10 minutes |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
Nationwide vs Revolut Business Features & Account Types
| Nationwide | Revolut Business | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Visa | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | UK-wide | None, online only |
Nationwide vs Revolut Business Customer Support Options
| Nationwide | Revolut Business | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
Nationwide vs Revolut Business Foreign Currency Accounts
| Nationwide | Revolut Business | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
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Other Business Services From Nationwide and Revolut Business
| Nationwide | Revolut Business | |
| Business Loans | No | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | No | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | No |
Nationwide vs Revolut Business Banking Basics
| Nationwide | Revolut Business | |
| Bank Type | Building Society | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 106078 | 900562 |
| Website | Nationwide Website | Revolut Business Website |
Common Comparison Questions
Does Nationwide or Revolut Business 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, Revolut Business scores 4.2 out of 5 based 148,162 Trustpilot reviews. Of which 75% are 5-star and 10% are 1-star.
Does Nationwide or Revolut Business 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, Revolut Business’s iPhone App is rated 4.9 out of 5 based on 26,200 reviews. And it’s Android App is rated 4.6 out of 5 based on 20,300 reviews.
Does Nationwide or Revolut Business 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, Revolut Business offers Grow, Scale, Enterprise accounts with interest rates ranging from 2% to 3% (AER).
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For other business bank accounts see our guide here.