Is a OakNorth business account right for you?
Read real customer reviews below along with more information about the various banking services OakNorth offers to businesses.
Sections
OakNorth Customer Reviews
Review Summary
Recent Reviews
There are no reviews yet. Be the first one to write one.
Submit a Review For OakNorth
OakNorth Reviews From Other Websites
OakNorth Trustpilot Reviews
Review Score (out of 5) | Percent 5-Star Reviews | Percent 1-star Reviews | Total Number of Reviews |
---|---|---|---|
4.80 | 84% | 3% | 8,904 |
Source: https://www.trustpilot.com/review/oaknorth.co.uk
OakNorth iPhone & Android App Reviews
App Type | Review Score (out out 5) | Total Number of Reviews |
---|---|---|
iPhone | 4.80 | 1,600 |
Android | 4.80 | 468 |
Source:
https://apps.apple.com/gb/app/oaknorth-savings/id1476387507
https://play.google.com/store/apps/details?id=com.oaknorth.oaknorthmobilebanking&hl=en_GB
OakNorth Basics
Bank Type | Challenger |
FSCS Protection | Yes, up to £85,000 |
Branch Locations | None, online and phone only |
Card Type | Mastercard |
FCA Number | 629564 |
Online Banking | Yes |
Mobile Banking | Yes |
In Person/Branch Banking | No |
Customer Support Options
Phone Support Available | Yes |
Email Support Available | Yes |
Support Via Their App | Yes |
Web Based Support | Yes |
In person Customer Support | No |
OakNorth Business Account Types
Business Current Account | Yes |
Business Savings Account | Yes |
Business Credit Card | No |
Business Overdraft | Yes |
Accounts For Startups | Yes |
Accounts For Charities | Yes |
Accounts For Sole Traders | Yes |
Joint Business Accounts Available | Yes |
Opening A OakNorth Business Account
Can You Apply Online? | Yes |
How Long Does Opening An Account Typically Take? |
Few minutes |
Do They Check Your Credit? | No |
Current Account Switch Service | No |
Click to open a OakNorth Business Account
OakNorth Business Savings
Types of Business Savings Accounts | Fixed Term, Notice Accounts, Easy Access |
Lowest Savings Rate (AER) | 3.85% |
Maximum Savings Rate (AER) | 3.85% |
Minimum Savings Amount | £10,000 |
Please note these numbers were accurate at the time of publication, but may have since changed. Click to here to see current OakNorth rates
OakNorth Fees & Charges
Free Business Bank Account | No |
Free Business Account Term Length | NA |
Cheapest Monthly Account Fee | £25 |
Most Expensive Monthly Account Fee | £99.99 |
Electronic Payment Cost (in/out) | Free |
Cash Payments Cost (in/out) | 70p per £100 |
Cheques in/out | £1 per cheque |
CHAPS Payments Cost | £17 |
SEPA Payments Cost | No |
OakNorth Foreign Currency Accounts
US Dollar (USD) Bank Account | No |
Euro (EUR) Bank Account | No |
Interest Paid On Foreign Currencies | No |
Other Currencies Available:
No
Other OakNorth Business Services
Business Loans | Yes |
Commercial Mortgages | Yes |
Invoice Financing | Yes |
International Payments | Yes |
Merchant Services | Yes |
Card Machines | No |
Free Accounting Software | No |
Click to visit the OakNorth website
For other business bank accounts see out guide here.
Leave a Reply