RBS (Royal Bank of Scotland) VS Hampshire Trust Bank: Business Banking Review & Fee Comparison

Is RBS (Royal Bank of Scotland) or Hampshire Trust Bank better for your small business?

Below we look at both RBS (Royal Bank of Scotland) and Hampshire Trust 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.

RBS (Royal Bank of Scotland) vs Hampshire Trust Bank Trustpilot Reviews

	RBS (Royal Bank of Scotland)	Hampshire Trust Bank
Trustpilot Review Score (out of 5)	1.3	4.5
Percent 5-Star Reviews	7%	75%
Percent 1- Star Reviews	89%	7%
Total Number of Reviews	838	1,591

Sources:
https://www.trustpilot.com/review/www.rbs.co.uk
https://www.trustpilot.com/review/htb.co.uk

RBS (Royal Bank of Scotland) vs Hampshire Trust Bank App Reviews

	RBS (Royal Bank of Scotland)	Hampshire Trust Bank
iPhone Review Score (out of 5)	4.8	No Rating
Number of iPhone Reviews	106,900	No Reviews
Android Review Score (out of 5)	4.3	No Rating
Number of Android Reviews	81,700	No Reviews

Sources:
https://apps.apple.com/gb/app/royal-bank-of-scotland/id334852412
https://www.apple.com/uk/app-store/

RBS (Royal Bank of Scotland) vs Hampshire Trust Bank Account Fees & Charges

	RBS (Royal Bank of Scotland)	Hampshire Trust Bank
Free Business Bank Account	Yes	No
Free Business Account Term Length	24 Months	NA
Cheapest Monthly Account Fee	Free	No
Most Expensive Monthly Account Fee	Free	No
Electronic Payment Cost (in/out)	35p	25p
Cash Payments Cost (in/out)	70p per £100	£1
Cheques (in/out)	70p per item	£1
CHAPS Payments Cost	£20	£25
SEPA Payments Cost	45p	20p

RBS (Royal Bank of Scotland) vs Hampshire Trust Bank Business Savings Rates

	RBS (Royal Bank of Scotland)	Hampshire Trust Bank
Types of Business Savings Accounts	Business reserve, Liquidity manager notice, Treasury reserve, Client deposit manager, Client account manager	Notice Account, Fixed
Lowest Savings Rate (AER)	1.46%	4.50%
Maximum Savings Rate (AER)	4.25%	5.15%
Minimum Savings Amount	No	£5,000
Interest Paid On Foreign Currencies	Yes	No

RBS (Royal Bank of Scotland) vs Hampshire Trust Bank Account Opening Times

	RBS (Royal Bank of Scotland)	Hampshire Trust Bank
Can You Apply Online?	Yes	Yes
How Long Does Opening An Account Typically Take?	5 to 7 Working days	1 day
Do They Check Your Credit?	Yes	Yes
Current Account Switch Service	Yes	No

RBS (Royal Bank of Scotland) vs Hampshire Trust Bank Features & Account Types

	RBS (Royal Bank of Scotland)	Hampshire Trust Bank
Business Current Account	Yes	No
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	None
Online Banking	Yes	Yes
Mobile Banking	Yes	No
In Person/Branch Banking	Yes	No
Branch Locations	UK-wide including the ability to use some Natwest locations	London & Leeds

RBS (Royal Bank of Scotland) vs Hampshire Trust Bank Customer Support Options

	RBS (Royal Bank of Scotland)	Hampshire Trust Bank
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

RBS (Royal Bank of Scotland) vs Hampshire Trust Bank Foreign Currency Accounts

	RBS (Royal Bank of Scotland)	Hampshire Trust Bank
US Dollar (USD) Bank Accounts	Yes	Yes
Euro (EUR) Bank Accounts	Yes	Yes
Other Currencies Available:	Swiss franc Japanese yen Australian dollar Canadian dollar New Zealand dollar Swedish krona	No

Other Business Services From RBS (Royal Bank of Scotland) and Hampshire Trust Bank

	RBS (Royal Bank of Scotland)	Hampshire Trust Bank
Business Loans	Yes	Yes
Commercial Mortgages	Yes	Yes
Invoice Financing	Yes	Yes
International Payments	Yes	Yes
Merchant Payment Services	Yes	No
Card Machines	Yes	No
Free Accounting Software	Yes	No

RBS (Royal Bank of Scotland) vs Hampshire Trust Bank Banking Basics

	RBS (Royal Bank of Scotland)	Hampshire Trust Bank
Bank Type	High Street	Challenger
FSCS Protection	Yes, up to £85,000	Yes, up to £85,000
FCA Number	114724	204601
Website	RBS (Royal Bank of Scotland) Website	Hampshire Trust Bank Website

Common Comparison Questions

Does RBS (Royal Bank of Scotland) or Hampshire Trust Bank 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, Hampshire Trust Bank scores 4.5 out of 5 based 1,591 Trustpilot reviews. Of which 75% are 5-star and 7% are 1-star.

Does RBS (Royal Bank of Scotland) or Hampshire Trust Bank 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, Hampshire Trust Bank’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 RBS (Royal Bank of Scotland) or Hampshire Trust Bank 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, Hampshire Trust Bank offers Notice Account, Fixed accounts with interest rates ranging from 4.50% to 5.15% (AER).

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For other business bank accounts see our guide here.