Is Revolut Business or AIB (Allied Irish Bank) better for your small business?
Below we look at both Revolut Business 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.
Revolut Business vs AIB (Allied Irish Bank) Trustpilot Reviews
| Revolut Business | AIB (Allied Irish Bank) | |
| Trustpilot Review Score (out of 5) | 4.2 | 2.8 |
| Percent 5-Star Reviews | 75% | 20% |
| Percent 1- Star Reviews | 10% | 70% |
| Total Number of Reviews | 148,162 | 10 |
https://www.trustpilot.com/review/www.revolut.com
https://www.trustpilot.com/review/aibgb.co.uk
Revolut Business vs AIB (Allied Irish Bank) App Reviews
| Revolut Business | AIB (Allied Irish Bank) | |
| iPhone Review Score (out of 5) | 4.9 | 1.7 |
| Number of iPhone Reviews | 26,200 | 227 |
| Android Review Score (out of 5) | 4.6 | 1.9 |
| Number of Android Reviews | 20,300 | 21,400 |
https://apps.apple.com/gb/app/revolut-business/id1436969262
https://apps.apple.com/gb/app/aib-mobile/id468042881
Revolut Business vs AIB (Allied Irish Bank) Account Fees & Charges
| Revolut Business | AIB (Allied Irish Bank) | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | No Limit | NA |
| Cheapest Monthly Account Fee | £19 | £10 |
| Most Expensive Monthly Account Fee | £79 | £10 |
| Electronic Payment Cost (in/out) | 1% + 20p | 35p |
| Cash Payments Cost (in/out) | €1 | 65p per £100 |
| Cheques (in/out) | £8 | 70p |
| CHAPS Payments Cost | £25 | £25 |
| SEPA Payments Cost | 20p | £20 |
Revolut Business vs AIB (Allied Irish Bank) Business Savings Rates
| Revolut Business | AIB (Allied Irish Bank) | |
| Types of Business Savings Accounts | Grow, Scale, Enterprise | Demand deposit account, Business fixed term deposit account, Currency deposit account |
| Lowest Savings Rate (AER) | 2% | 0.25% |
| Maximum Savings Rate (AER) | 3% | 3.02% |
| Minimum Savings Amount | No | £1 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Revolut Business vs AIB (Allied Irish Bank) Account Opening Times
| Revolut Business | AIB (Allied Irish Bank) | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 minutes | 15 minutes |
| Do They Check Your Credit? | No | Yes |
| Current Account Switch Service | Yes | Yes |
Revolut Business vs AIB (Allied Irish Bank) Features & Account Types
| Revolut Business | AIB (Allied Irish Bank) | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | No | Yes |
| Business Overdraft | No | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | No | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Visa | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | Yes |
| Branch Locations | None, online only | Belfast, London and Dublin |
Revolut Business vs AIB (Allied Irish Bank) Customer Support Options
| Revolut Business | AIB (Allied Irish Bank) | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | Yes |
Revolut Business vs AIB (Allied Irish Bank) Foreign Currency Accounts
| Revolut Business | 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 Revolut Business and AIB (Allied Irish Bank)
| Revolut Business | 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 | No | No |
Revolut Business vs AIB (Allied Irish Bank) Banking Basics
| Revolut Business | AIB (Allied Irish Bank) | |
| Bank Type | Challenger | High Street |
| FSCS Protection | No | Yes, up to £85,000 |
| FCA Number | 900562 | 204793 |
| Website | Revolut Business Website | AIB (Allied Irish Bank) Website |
Common Comparison Questions
Does Revolut Business or AIB (Allied Irish Bank) have better customer reviews?
Revolut Business scores 4.2 out of 5 based 148,162 Trustpilot reviews. Of these reviews 75% are 5-star and 10% 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 Revolut Business or AIB (Allied Irish Bank) have a better App?
Revolut Business’s iPhone App is rated 4.9 out of 5 based on 26,200 reviews. And it’s Android App is rated 4.6 out of 5 based on 20,300 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 Revolut Business or AIB (Allied Irish Bank) have better business savings rates?
Revolut Business offers the following types of business savings accounts: Grow, Scale, Enterprise with interest rates ranging from 2% to 3%. (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.