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Nationwide VS Triodos Bank: Business Banking Review & Fee Comparison


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

Is Nationwide or Triodos Bank better for your small business?



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Below we look at both Nationwide and Triodos 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


Triodos Bank Homepage
Triodos Bank Homepage
 

Nationwide vs Triodos Bank Trustpilot Reviews

NationwideTriodos Bank
Trustpilot Review Score (out of 5)1.74.1
Percent 5-Star Reviews15%58%
Percent 1- Star Reviews75%22%
Total Number of Reviews5,509514
Sources:
https://www.trustpilot.com/review/www.nationwide.co.uk
https://www.trustpilot.com/review/triodos.co.uk

Nationwide vs Triodos Bank App Reviews

NationwideTriodos Bank
iPhone Review Score (out of 5)4.84.6
Number of iPhone Reviews595,0001,700
Android Review Score (out of 5)4.54.6
Number of Android Reviews106,000851
Sources:
https://apps.apple.com/gb/app/nationwide-mobile-banking/id542355130
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529

Nationwide vs Triodos Bank Account Fees & Charges

NationwideTriodos Bank
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£6.50£3
Most Expensive Monthly Account Fee£30£3
Electronic Payment Cost (in/out)FreeNo
Cash Payments Cost (in/out)1%Free / £1
Cheques (in/out)£1.50£1
CHAPS Payments Cost£15£20
SEPA Payments CostNoNo

Nationwide vs Triodos Bank Business Savings Rates

NationwideTriodos Bank
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 Triodos Bank Account Opening Times

NationwideTriodos Bank
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working days1 to 2 Working days
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesYes

Nationwide vs Triodos Bank Features & Account Types

Nationwide Account Types
Nationwide Features & Account Types


Triodos Bank Account Types
Triodos Bank Features & Account Types


NationwideTriodos Bank
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftYesYes
Accounts For StartupsYesNo
Accounts For CharitiesYesNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeVisaMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsUK-wideBristol, London and Edinburgh

Nationwide vs Triodos Bank Customer Support Options

NationwideTriodos Bank
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

Nationwide vs Triodos Bank Foreign Currency Accounts

NationwideTriodos Bank
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • Canadian Dollar
  • Australian Dollar
  • Australian Dollar (AUD)
  • Bulgarian Lev (BGN)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Chinese Renminbi Yuan (CNY)
  • Czech Koruna (CZK)
  • Danish Krone (DKK)
  • Euro (EUR)
  • Hong Kong Dollar (HKD)
  • Croatian Kuna (HRK)
  • Hungarian Forint (HUF)
  • Indian Rupee (INR)
  • New Israeli Sheqel (ILS)
  • Japanese Yen (JPY)
  • Mexican Peso (MXN)
  • Norwegian Krone (NOK)
  • New Zealand Dollar (NZD)

Other Business Services From Nationwide and Triodos Bank

Nationwide Account Types
Other Nationwide Services


Triodos Bank Account Types
Other Triodos Bank Services


NationwideTriodos Bank
Business LoansNoYes
Commercial MortgagesYesNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Nationwide vs Triodos Bank Banking Basics

NationwideTriodos Bank
Bank TypeBuilding SocietyChallenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number106078817008
WebsiteNationwide WebsiteTriodos Bank Website

Common Comparison Questions

Does Nationwide or Triodos 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, Triodos Bank scores 4.1 out of 5 based 514 Trustpilot reviews. Of which 58% are 5-star and 22% are 1-star.

Does Nationwide or Triodos 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, Triodos Bank’s iPhone App is rated 4.6 out of 5 based on 1,700 reviews. And it’s Android App is rated 4.6 out of 5 based on 851 reviews.

Does Nationwide or Triodos 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, Triodos Bank offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Nationwide vs Soldo
Nationwide vs Cambridge Building Society
Nationwide vs PayPal Debit
Nationwide vs Allica Bank
Nationwide vs Cater Allen


For other business bank accounts see our guide here.

 



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