Is a PayPal Debit business account right for you?
Read real customer reviews below along with more information about the various banking services PayPal Debit offers to businesses.
Sections
PayPal Debit Customer Reviews
Review Summary
Recent Reviews
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PayPal Debit Reviews From Other Websites
PayPal Debit Trustpilot Reviews
| Review Score (out of 5) | Percent 5-Star Reviews | Percent 1-star Reviews | Total Number of Reviews |
|---|---|---|---|
| 1.40 | 20% | 73% | 5,277 |
Source: https://www.trustpilot.com/review/www.paypal.co.uk
PayPal Debit iPhone & Android App Reviews
| App Type | Review Score (out out 5) | Total Number of Reviews |
|---|---|---|
| iPhone | 4.10 | 1,600 |
| Android | 3.30 | 91,500 |
Source:
https://apps.apple.com/gb/app/paypal-business/id1053148887
https://play.google.com/store/apps/details?id=com.paypal.merchant.client&hl=en_GB
PayPal Debit Basics
| Bank Type | Challenger |
| FSCS Protection | No |
| Branch Locations | None, online only |
| Card Type | Mastercard |
| FCA Number | 742277 |
| Online Banking | Yes |
| Mobile Banking | Yes |
| In Person/Branch Banking | No |
Customer Support Options
| Phone Support Available | No |
| Email Support Available | Yes |
| Support Via Their App | Yes |
| Web Based Support | Yes |
| In person Customer Support | No |
PayPal Debit Business Account Types
| Business Current Account | Yes |
| Business Savings Account | No |
| Business Credit Card | No |
| Business Overdraft | No |
| Accounts For Startups | Yes |
| Accounts For Charities | No |
| Accounts For Sole Traders | No |
| Joint Business Accounts Available | Yes |
Opening A PayPal Debit 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 | Yes |
Click to open a PayPal Debit Business Account
PayPal Debit Business Savings
| Types of Business Savings Accounts | None |
| Lowest Savings Rate (AER) | NA |
| Maximum Savings Rate (AER) | NA |
| Minimum Savings Amount | NA |
Please note these numbers were accurate at the time of publication, but may have since changed. Click to here to see current PayPal Debit rates
PayPal Debit Fees & Charges
| Free Business Bank Account | No |
| Free Business Account Term Length | NA |
| Cheapest Monthly Account Fee | No |
| Most Expensive Monthly Account Fee | No |
| Electronic Payment Cost (in/out) | Free |
| Cash Payments Cost (in/out) | Free |
| Cheques in/out | Free |
| CHAPS Payments Cost | No |
| SEPA Payments Cost | No |
PayPal Debit Foreign Currency Accounts
| US Dollar (USD) Bank Account | Yes |
| Euro (EUR) Bank Account | Yes |
| Interest Paid On Foreign Currencies | Yes |
Other Currencies Available:
- AUD – Australian dollar
- BRL – Brazilian real
- CAD – Canadian dollar
- CHF – Swiss franc
- CNY – Chinese yuan
- EUR – Euro
- GBP – British pound sterling
- HKD – Hong Kong dollar
- INR – Indian rupee
- JPY – Japanese yen
- KRW – South Korean won
- MXN – Mexican peso
- NZD – New Zealand dollar
- PHP – Philippine peso
- PLN – Polish zloty
- RUB – Russian ruble
- SGD – Singapore dollar
- USD – United States dollar
- ZAR – South African rand
Other PayPal Debit Business Services
| Business Loans | No |
| Commercial Mortgages | No |
| Invoice Financing | No |
| International Payments | Yes |
| Merchant Services | Yes |
| Card Machines | Yes |
| Free Accounting Software | Yes |
Click to visit the PayPal Debit website
For other business bank accounts see out guide here.
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