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Revolut Business VS Handelsbanken: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Revolut Business or Handelsbanken better for your small business?



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Below we look at both Revolut Business and Handelsbanken 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 Homepage
Revolut Business Homepage


Handelsbanken Homepage
Handelsbanken Homepage
 

Revolut Business vs Handelsbanken Trustpilot Reviews

Revolut BusinessHandelsbanken
Trustpilot Review Score (out of 5)4.22.3
Percent 5-Star Reviews75%33%
Percent 1- Star Reviews10%55%
Total Number of Reviews148,162124
Sources:
https://www.trustpilot.com/review/www.revolut.com
https://www.trustpilot.com/review/handelsbanken.co.uk

Revolut Business vs Handelsbanken App Reviews

Revolut BusinessHandelsbanken
iPhone Review Score (out of 5)4.92.6
Number of iPhone Reviews26,20017
Android Review Score (out of 5)4.61.6
Number of Android Reviews20,3006
Sources:
https://apps.apple.com/gb/app/revolut-business/id1436969262
https://apps.apple.com/gb/app/handelsbanken-uk-corporate/id1122527533

Revolut Business vs Handelsbanken Account Fees & Charges

Revolut BusinessHandelsbanken
Free Business Bank AccountYesNo
Free Business Account Term LengthNo LimitNA
Cheapest Monthly Account Fee£19£5
Most Expensive Monthly Account Fee£79£20
Electronic Payment Cost (in/out)1% + 20pFree
Cash Payments Cost (in/out)€130p
Cheques (in/out)£8£1.50
CHAPS Payments Cost£25£15
SEPA Payments Cost20p25p

Revolut Business vs Handelsbanken Business Savings Rates

Revolut BusinessHandelsbanken
Types of Business Savings AccountsGrow, Scale, EnterpriseInstant Access, Fixed Term, Notice Savings
Lowest Savings Rate (AER)2%No
Maximum Savings Rate (AER)3%No
Minimum Savings AmountNo£5,000
Interest Paid On Foreign CurrenciesYesYes
 

Revolut Business vs Handelsbanken Account Opening Times

Revolut BusinessHandelsbanken
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
10 minutes7 Working days
Do They Check Your Credit?NoNo
Current Account Switch ServiceYesYes

Revolut Business vs Handelsbanken Features & Account Types

Revolut Business Account Types
Revolut Business Features & Account Types


Handelsbanken Account Types
Handelsbanken Features & Account Types


Revolut BusinessHandelsbanken
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardNoYes
Business OverdraftNoYes
Accounts For StartupsYesNo
Accounts For CharitiesNoNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeVisaMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoYes
Branch LocationsNone, online onlyUK-wide

Revolut Business vs Handelsbanken Customer Support Options

Revolut BusinessHandelsbanken
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoYes

Revolut Business vs Handelsbanken Foreign Currency Accounts

Revolut BusinessHandelsbanken
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • AED (United Arab Emirates Dirham)
  • AUD (Australian Dollar)
  • BGN (Bulgarian Lev)
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • CNY (Chinese Yuan)
  • DKK (Danish Krone)
  • GBP (British Pound Sterling)
  • HKD (Hong Kong Dollar)
  • HUF (Hungarian Forint)
  • ILS (Israeli New Shekel)
  • JPY (Japanese Yen)
  • MXN (Mexican Peso)
  • NOK (Norwegian Krone)
  • NZD (New Zealand Dollar)
  • PLN (Polish Zloty)
  • RON (Romanian Leu)
  • RUB (Russian Ruble)
  • SAR (Saudi Arabian Riyal)
  • SEK (Swedish Krona)
  • SGD (Singapore Dollar)
  • THB (Thai Baht)
  • TRY (Turkish Lira)
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Danish Krone (DKK)
  • Norwegian Krone (NOK)
  • Swedish Krona (SEK)
  • New Zealand Dollar (NZD)
  • Japanese Yen (JPY)

Other Business Services From Revolut Business and Handelsbanken

Revolut Business Account Types
Other Revolut Business Services


Handelsbanken Account Types
Other Handelsbanken Services


Revolut BusinessHandelsbanken
Business LoansNoYes
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesYesNo
Card MachinesYesNo
Free Accounting SoftwareNoNo

Revolut Business vs Handelsbanken Banking Basics

Revolut BusinessHandelsbanken
Bank TypeChallengerHigh Street
FSCS ProtectionNoYes, up to £85,000
FCA Number900562197340
WebsiteRevolut Business WebsiteHandelsbanken Website

Common Comparison Questions

Does Revolut Business or Handelsbanken 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, Handelsbanken scores 2.3 out of 5 based 124 Trustpilot reviews. Of which 33% are 5-star and 55% are 1-star.

Does Revolut Business or Handelsbanken 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, Handelsbanken’s iPhone App is rated 2.6 out of 5 based on 17 reviews. And it’s Android App is rated 1.6 out of 5 based on 6 reviews.

Does Revolut Business or Handelsbanken 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, Handelsbanken offers Instant Access, Fixed Term, Notice Savings accounts with interest rates ranging from No to No (AER).

See Other Comparisons:
Revolut Business vs Anna
Revolut Business vs Hampshire Trust Bank
Revolut Business vs Mettle
Revolut Business vs Monese
Revolut Business vs Saffron Building Society


For other business bank accounts see our guide here.

 



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