Is PayPal Debit or AIB (Allied Irish Bank) better for your small business?
Below we look at both PayPal Debit and AIB (Allied Irish 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.
PayPal Debit vs AIB (Allied Irish Bank) Trustpilot Reviews
| PayPal Debit | AIB (Allied Irish Bank) | |
| Trustpilot Review Score (out of 5) | 1.4 | 2.8 |
| Percent 5-Star Reviews | 20% | 20% |
| Percent 1- Star Reviews | 73% | 70% |
| Total Number of Reviews | 5,277 | 10 |
https://www.trustpilot.com/review/www.paypal.co.uk
https://www.trustpilot.com/review/aibgb.co.uk
PayPal Debit vs AIB (Allied Irish Bank) App Reviews
| PayPal Debit | AIB (Allied Irish Bank) | |
| iPhone Review Score (out of 5) | 4.1 | 1.7 |
| Number of iPhone Reviews | 1,600 | 227 |
| Android Review Score (out of 5) | 3.3 | 1.9 |
| Number of Android Reviews | 91,500 | 21,400 |
https://apps.apple.com/gb/app/paypal-business/id1053148887
https://apps.apple.com/gb/app/aib-mobile/id468042881
PayPal Debit vs AIB (Allied Irish Bank) Account Fees & Charges
| PayPal Debit | AIB (Allied Irish Bank) | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | No | £10 |
| Most Expensive Monthly Account Fee | No | £10 |
| Electronic Payment Cost (in/out) | Free | 35p |
| Cash Payments Cost (in/out) | Free | 65p per £100 |
| Cheques (in/out) | Free | 70p |
| CHAPS Payments Cost | No | £25 |
| SEPA Payments Cost | No | £20 |
PayPal Debit vs AIB (Allied Irish Bank) Business Savings Rates
| PayPal Debit | AIB (Allied Irish Bank) | |
| Types of Business Savings Accounts | None | Demand deposit account, Business fixed term deposit account, Currency deposit account |
| Lowest Savings Rate (AER) | NA | 0.25% |
| Maximum Savings Rate (AER) | NA | 3.02% |
| Minimum Savings Amount | NA | £1 |
| Interest Paid On Foreign Currencies | Yes | Yes |
PayPal Debit vs AIB (Allied Irish Bank) Account Opening Times
| PayPal Debit | AIB (Allied Irish Bank) | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Few minutes | 15 minutes |
| Do They Check Your Credit? | No | Yes |
| Current Account Switch Service | Yes | Yes |
PayPal Debit vs AIB (Allied Irish Bank) Features & Account Types
| PayPal Debit | AIB (Allied Irish Bank) | |
| Business Current Account | Yes | Yes |
| Business Savings Account | No | Yes |
| Business Credit Card | No | Yes |
| Business Overdraft | No | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | No | Yes |
| Accounts For Sole Traders | No | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | Yes |
| Branch Locations | None, online only | Belfast, London and Dublin |
PayPal Debit vs AIB (Allied Irish Bank) Customer Support Options
| PayPal Debit | AIB (Allied Irish Bank) | |
| Phone Support Available | No | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | Yes |
PayPal Debit vs AIB (Allied Irish Bank) Foreign Currency Accounts
| PayPal Debit | AIB (Allied Irish Bank) | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
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Other Business Services From PayPal Debit and AIB (Allied Irish Bank)
| PayPal Debit | AIB (Allied Irish Bank) | |
| Business Loans | No | Yes |
| Commercial Mortgages | No | Yes |
| Invoice Financing | No | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | Yes | Yes |
| Free Accounting Software | Yes | No |
PayPal Debit vs AIB (Allied Irish Bank) Banking Basics
| PayPal Debit | AIB (Allied Irish Bank) | |
| Bank Type | Challenger | High Street |
| FSCS Protection | No | Yes, up to £85,000 |
| FCA Number | 742277 | 204793 |
| Website | PayPal Debit Website | AIB (Allied Irish Bank) Website |
Common Comparison Questions
Does PayPal Debit or AIB (Allied Irish Bank) have better customer reviews?
PayPal Debit scores 1.4 out of 5 based 5,277 Trustpilot reviews. Of these reviews 20% are 5-star and 73% are 1-star.
Whereas, AIB (Allied Irish Bank) scores 2.8 out of 5 based 10 Trustpilot reviews. Of which 20% are 5-star and 70% are 1-star.
Does PayPal Debit or AIB (Allied Irish Bank) have a better App?
PayPal Debit’s iPhone App is rated 4.1 out of 5 based on 1,600 reviews. And it’s Android App is rated 3.3 out of 5 based on 91,500 reviews.
In comparison, AIB (Allied Irish Bank)’s iPhone App is rated 1.7 out of 5 based on 227 reviews. And it’s Android App is rated 1.9 out of 5 based on 21,400 reviews.
Does PayPal Debit or AIB (Allied Irish Bank) have better business savings rates?
PayPal Debit offers the following types of business savings accounts: None with interest rates ranging from NA to NA. (AER)
In contrast, AIB (Allied Irish Bank) offers Demand deposit account, Business fixed term deposit account, Currency deposit account accounts with interest rates ranging from 0.25% to 3.02% (AER).
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For other business bank accounts see our guide here.