Is RBS (Royal Bank of Scotland) or Cumberland Building Society better for your small business?
Below we look at both RBS (Royal Bank of Scotland) and Cumberland 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.
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RBS (Royal Bank of Scotland) vs Cumberland Building Society Trustpilot Reviews
| RBS (Royal Bank of Scotland) | Cumberland Building Society | |
| Trustpilot Review Score (out of 5) | 1.3 | 2.5 |
| Percent 5-Star Reviews | 7% | 22% |
| Percent 1- Star Reviews | 89% | 69% |
| Total Number of Reviews | 838 | 41 |
https://www.trustpilot.com/review/www.rbs.co.uk
https://www.trustpilot.com/review/cumberlandbuildingsociety.co.uk
RBS (Royal Bank of Scotland) vs Cumberland Building Society App Reviews
| RBS (Royal Bank of Scotland) | Cumberland Building Society | |
| iPhone Review Score (out of 5) | 4.8 | 4.7 |
| Number of iPhone Reviews | 106,900 | 644 |
| Android Review Score (out of 5) | 4.3 | 4.8 |
| Number of Android Reviews | 81,700 | 415 |
https://apps.apple.com/gb/app/royal-bank-of-scotland/id334852412
https://apps.apple.com/gb/app/cumberland-mobile-banking/id715482935
RBS (Royal Bank of Scotland) vs Cumberland Building Society Account Fees & Charges
| RBS (Royal Bank of Scotland) | Cumberland Building Society | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | 24 Months | 12 Months |
| Cheapest Monthly Account Fee | Free | Free |
| Most Expensive Monthly Account Fee | Free | £5 |
| Electronic Payment Cost (in/out) | 35p | 35p |
| Cash Payments Cost (in/out) | 70p per £100 | 40p per £100 |
| Cheques (in/out) | 70p per item | £1 |
| CHAPS Payments Cost | £20 | £25 |
| SEPA Payments Cost | 45p | No |
RBS (Royal Bank of Scotland) vs Cumberland Building Society Business Savings Rates
| RBS (Royal Bank of Scotland) | Cumberland Building Society | |
| Types of Business Savings Accounts | Business reserve, Liquidity manager notice, Treasury reserve, Client deposit manager, Client account manager | Instant Access, Fixed Term, Notice Savings |
| Lowest Savings Rate (AER) | 1.46% | 3.05% |
| Maximum Savings Rate (AER) | 4.25% | 4.20% |
| Minimum Savings Amount | No | £1 |
| Interest Paid On Foreign Currencies | Yes | No |
RBS (Royal Bank of Scotland) vs Cumberland Building Society Account Opening Times
| RBS (Royal Bank of Scotland) | Cumberland Building Society | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 5 to 7 Working days | 5 to 10 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
RBS (Royal Bank of Scotland) vs Cumberland Building Society Features & Account Types
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| RBS (Royal Bank of Scotland) | Cumberland Building Society | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | Yes |
| 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 | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | UK-wide including the ability to use some Natwest locations | Locations in North East England only |
RBS (Royal Bank of Scotland) vs Cumberland Building Society Customer Support Options
| RBS (Royal Bank of Scotland) | Cumberland Building Society | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | Yes |
RBS (Royal Bank of Scotland) vs Cumberland Building Society Foreign Currency Accounts
| RBS (Royal Bank of Scotland) | Cumberland Building Society | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
| No |
Other Business Services From RBS (Royal Bank of Scotland) and Cumberland Building Society
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| RBS (Royal Bank of Scotland) | Cumberland Building Society | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | Yes |
RBS (Royal Bank of Scotland) vs Cumberland Building Society Banking Basics
| RBS (Royal Bank of Scotland) | Cumberland Building Society | |
| Bank Type | High Street | Building Society |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 114724 | 106074 |
| Website | RBS (Royal Bank of Scotland) Website | Cumberland Building Society Website |
Common Comparison Questions
Does RBS (Royal Bank of Scotland) or Cumberland Building Society have better customer reviews?
RBS (Royal Bank of Scotland) scores 1.3 out of 5 based 838 Trustpilot reviews. Of these reviews 7% are 5-star and 89% are 1-star.
Whereas, Cumberland Building Society scores 2.5 out of 5 based 41 Trustpilot reviews. Of which 22% are 5-star and 69% are 1-star.
Does RBS (Royal Bank of Scotland) or Cumberland Building Society have a better App?
RBS (Royal Bank of Scotland)’s iPhone App is rated 4.8 out of 5 based on 106,900 reviews. And it’s Android App is rated 4.3 out of 5 based on 81,700 reviews.
In comparison, Cumberland Building Society’s iPhone App is rated 4.7 out of 5 based on 644 reviews. And it’s Android App is rated 4.8 out of 5 based on 415 reviews.
Does RBS (Royal Bank of Scotland) or Cumberland Building Society have better business savings rates?
RBS (Royal Bank of Scotland) offers the following types of business savings accounts: Business reserve, Liquidity manager notice, Treasury reserve, Client deposit manager, Client account manager with interest rates ranging from 1.46% to 4.25%. (AER)
In contrast, Cumberland Building Society offers Instant Access, Fixed Term, Notice Savings accounts with interest rates ranging from 3.05% to 4.20% (AER).
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For other business bank accounts see our guide here.