Is NatWest or Unity Trust better for your small business?
Below we look at both NatWest and Unity Trust 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 vs Unity Trust Trustpilot Reviews
| NatWest | Unity Trust | |
| Trustpilot Review Score (out of 5) | 1.4 | 4 |
| Percent 5-Star Reviews | 8% | 61% |
| Percent 1- Star Reviews | 86% | 14% |
| Total Number of Reviews | 5,984 | 255 |
https://www.trustpilot.com/review/www.natwest.com
https://www.trustpilot.com/review/unity.co.uk
NatWest vs Unity Trust App Reviews
| NatWest | Unity Trust | |
| iPhone Review Score (out of 5) | 4.8 | No Rating |
| Number of iPhone Reviews | 456,700 | No Reviews |
| Android Review Score (out of 5) | 4.4 | No Rating |
| Number of Android Reviews | 349,000 | No Reviews |
https://apps.apple.com/gb/app/natwest-mobile-banking/id334855322
https://www.apple.com/uk/app-store/
NatWest vs Unity Trust Account Fees & Charges
| NatWest | Unity Trust | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 24 Months | NA |
| Cheapest Monthly Account Fee | Free | £6 |
| Most Expensive Monthly Account Fee | Free | £6 |
| Electronic Payment Cost (in/out) | 35p | 14p |
| Cash Payments Cost (in/out) | 70p per £100 | 50p per £100 |
| Cheques (in/out) | 70p per item | 30p per item |
| CHAPS Payments Cost | £20 | £28 |
| SEPA Payments Cost | 45p | 25p |
NatWest vs Unity Trust Business Savings Rates
| NatWest | Unity Trust | |
| Types of Business Savings Accounts | Instant access, notice and fixed-term savings accounts | Instant Access, Fixed Term |
| Lowest Savings Rate (AER) | 1.46% | 2.77% |
| Maximum Savings Rate (AER) | 4.25% | 5.10% |
| Minimum Savings Amount | No | No |
| Interest Paid On Foreign Currencies | Yes | Yes |
NatWest vs Unity Trust Account Opening Times
| NatWest | Unity Trust | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 Working days | 7 Working days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
NatWest vs Unity Trust Features & Account Types
| NatWest | Unity Trust | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | No |
| In Person/Branch Banking | Yes | No |
| Branch Locations | UK-wide including the ability to use some RBS locations | No own branches but can use NatWest, RBS or Ulster Bank locations |
NatWest vs Unity Trust Customer Support Options
| NatWest | Unity Trust | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | No |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
NatWest vs Unity Trust Foreign Currency Accounts
| NatWest | Unity Trust | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
|
|
Other Business Services From NatWest and Unity Trust
| NatWest | Unity Trust | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
NatWest vs Unity Trust Banking Basics
| NatWest | Unity Trust | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 121882 | 204570 |
| Website | NatWest Website | Unity Trust Website |
Common Comparison Questions
Does NatWest or Unity Trust 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, Unity Trust scores 4 out of 5 based 255 Trustpilot reviews. Of which 61% are 5-star and 14% are 1-star.
Does NatWest or Unity Trust 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, Unity Trust’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 NatWest or Unity Trust 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, Unity Trust offers Instant Access, Fixed Term accounts with interest rates ranging from 2.77% to 5.10% (AER).
See Other Comparisons:NatWest vs United Trust Bank
NatWest vs HSBC Kinetic
NatWest vs CardOneMoney
NatWest vs Fair Everywhere
NatWest vs Countingup
For other business bank accounts see our guide here.