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NatWest VS Saffron Building Society: Business Banking Review & Fee Comparison


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

Is NatWest or Saffron Building Society better for your small business?



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Below we look at both NatWest and Saffron Building Society 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.

NatWest Homepage
NatWest Homepage


Saffron Building Society Homepage
Saffron Building Society Homepage
 

NatWest vs Saffron Building Society Trustpilot Reviews

NatWestSaffron Building Society
Trustpilot Review Score (out of 5)1.42.2
Percent 5-Star Reviews8%21%
Percent 1- Star Reviews86%73%
Total Number of Reviews5,98458
Sources:
https://www.trustpilot.com/review/www.natwest.com
https://www.trustpilot.com/review/saffronbs.co.uk

NatWest vs Saffron Building Society App Reviews

NatWestSaffron Building Society
iPhone Review Score (out of 5)4.83.7
Number of iPhone Reviews456,70024
Android Review Score (out of 5)4.43.7
Number of Android Reviews349,00014
Sources:
https://apps.apple.com/gb/app/natwest-mobile-banking/id334855322
https://apps.apple.com/gb/app/saffron-building-society/id1482290341

NatWest vs Saffron Building Society Account Fees & Charges

NatWestSaffron Building Society
Free Business Bank AccountYesNo
Free Business Account Term Length24 MonthsNA
Cheapest Monthly Account FeeFree£10
Most Expensive Monthly Account FeeFree£10
Electronic Payment Cost (in/out)35pFree
Cash Payments Cost (in/out)70p per £100Free
Cheques (in/out)70p per item£1.50
CHAPS Payments Cost£20£15
SEPA Payments Cost45p25p

NatWest vs Saffron Building Society Business Savings Rates

NatWestSaffron Building Society
Types of Business Savings AccountsInstant access, notice and fixed-term savings accountsRegular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts
Lowest Savings Rate (AER)1.46%1.20%
Maximum Savings Rate (AER)4.25%5.75%
Minimum Savings AmountNo£1
Interest Paid On Foreign CurrenciesYesNo
 

NatWest vs Saffron Building Society Account Opening Times

NatWestSaffron Building Society
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
10 Working daysUndisclosed
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesYes

NatWest vs Saffron Building Society Features & Account Types

NatWest Account Types
NatWest Features & Account Types


Saffron Building Society Account Types
Saffron Building Society Features & Account Types


NatWestSaffron Building Society
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesYes
Business OverdraftYesNo
Accounts For StartupsYesNo
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesYes
Branch LocationsUK-wide including the ability to use some RBS locationsLocations in Essex only

NatWest vs Saffron Building Society Customer Support Options

NatWestSaffron Building Society
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesYes

NatWest vs Saffron Building Society Foreign Currency Accounts

NatWestSaffron Building Society
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
Other Currencies Available:
  • AED (United Arab Emirates Dirham)
  • KWD (Kuwaiti Dinar)
  • AUD (Australian Dollar)
  • LTL (Lithuanian Litas)
  • BGN (Bulgarian Lev)
  • MAD (Moroccan Dirham)
  • BHD (Bahraini Dinar)
  • MUR (Mauritian Rupee)
  • CAD (Canadian Dollar)
  • MXN (Mexican Peso)
  • CHF (Swiss Franc)
  • NOK (Norwegian Krone)
  • CZK (Czech Koruna)
  • OMR (Omani Rial)
  • DKK (Danish Krone)
  • PLN (Polish Zloty)
  • QAR (Qatari Rial)
  • SAR (Saudi Riyals)
  • HKD (Hong Kong Dollar)
  • SEK (Swedish Krona)
  • HRK (Croatian Kuna)
  • SGD (Singaporean Dollar)
  • HUF (Hungarian Forint)
  • THB (Thai Baht)
  • ILS (Israeli Shekel)
  • TRY (Turkish Lira)
  • JPY (Japanese Yen)
  • KES (Kenyan Shilling)
  • ZAR (South African Rand)
No

Other Business Services From NatWest and Saffron Building Society

NatWest Account Types
Other NatWest Services


Saffron Building Society Account Types
Other Saffron Building Society Services


NatWestSaffron Building Society
Business LoansYesYes
Commercial MortgagesYesYes
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesYesNo
Card MachinesYesNo
Free Accounting SoftwareYesNo

NatWest vs Saffron Building Society Banking Basics

NatWestSaffron Building Society
Bank TypeHigh StreetBuilding Society
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number121882100015
WebsiteNatWest WebsiteSaffron Building Society Website

Common Comparison Questions

Does NatWest or Saffron Building Society have better customer reviews?

NatWest scores 1.4 out of 5 based 5,984 Trustpilot reviews. Of these reviews 8% are 5-star and 86% are 1-star.

Whereas, Saffron Building Society scores 2.2 out of 5 based 58 Trustpilot reviews. Of which 21% are 5-star and 73% are 1-star.

Does NatWest or Saffron Building Society have a better App?

NatWest’s iPhone App is rated 4.8 out of 5 based on 456,700 reviews. And it’s Android App is rated 4.4 out of 5 based on 349,000 reviews.

In comparison, Saffron Building Society’s iPhone App is rated 3.7 out of 5 based on 24 reviews. And it’s Android App is rated 3.7 out of 5 based on 14 reviews.

Does NatWest or Saffron Building Society have better business savings rates?

NatWest offers the following types of business savings accounts: Instant access, notice and fixed-term savings accounts with interest rates ranging from 1.46% to 4.25%. (AER)

In contrast, Saffron Building Society offers Regular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts accounts with interest rates ranging from 1.20% to 5.75% (AER).

See Other Comparisons:
NatWest vs OakNorth
NatWest vs Airwallex
NatWest vs Triodos Bank
NatWest vs Soldo
NatWest vs Cambridge Building Society


For other business bank accounts see our guide here.

 



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We do not provide merchant services nor can we recommend which solution is right for you and your business.
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