Is Revolut Business or ICICI Bank UK better for your small business?
Below we look at both Revolut Business and ICICI Bank UK 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 ICICI Bank UK Trustpilot Reviews
| Revolut Business | ICICI Bank UK | |
| Trustpilot Review Score (out of 5) | 4.2 | 2.7 |
| Percent 5-Star Reviews | 75% | 18% |
| Percent 1- Star Reviews | 10% | 74% |
| Total Number of Reviews | 148,162 | 23 |
https://www.trustpilot.com/review/www.revolut.com
https://www.trustpilot.com/review/www.icicibank.co.uk
Revolut Business vs ICICI Bank UK App Reviews
| Revolut Business | ICICI Bank UK | |
| iPhone Review Score (out of 5) | 4.9 | 2.7 |
| Number of iPhone Reviews | 26,200 | 237 |
| Android Review Score (out of 5) | 4.6 | 4 |
| Number of Android Reviews | 20,300 | 684 |
https://apps.apple.com/gb/app/revolut-business/id1436969262
https://apps.apple.com/gb/app/icici-bank-uk-imobile/id1223898732
Revolut Business vs ICICI Bank UK Account Fees & Charges
| Revolut Business | ICICI Bank UK | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | No Limit | NA |
| Cheapest Monthly Account Fee | £19 | £5 |
| Most Expensive Monthly Account Fee | £79 | £15 |
| Electronic Payment Cost (in/out) | 1% + 20p | 25p |
| Cash Payments Cost (in/out) | €1 | £5 per £1,000 / free |
| Cheques (in/out) | £8 | £1 |
| CHAPS Payments Cost | £25 | £20 |
| SEPA Payments Cost | 20p | No |
Revolut Business vs ICICI Bank UK Business Savings Rates
| Revolut Business | ICICI Bank UK | |
| Types of Business Savings Accounts | Grow, Scale, Enterprise | Business Savings Account, Business Fixed Deposit |
| Lowest Savings Rate (AER) | 2% | 2.85% |
| Maximum Savings Rate (AER) | 3% | 4.50% |
| Minimum Savings Amount | No | £1 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Revolut Business vs ICICI Bank UK Account Opening Times
| Revolut Business | ICICI Bank UK | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 minutes | 2 Working days |
| Do They Check Your Credit? | No | Yes |
| Current Account Switch Service | Yes | Yes |
Revolut Business vs ICICI Bank UK Features & Account Types
| Revolut Business | ICICI Bank UK | |
| 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 | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | Yes |
| Branch Locations | None, online only | London, Birmingham and Manchester |
Revolut Business vs ICICI Bank UK Customer Support Options
| Revolut Business | ICICI Bank UK | |
| 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 ICICI Bank UK Foreign Currency Accounts
| Revolut Business | ICICI Bank UK | |
| 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 ICICI Bank UK
| Revolut Business | ICICI Bank UK | |
| Business Loans | No | Yes |
| Commercial Mortgages | No | Yes |
| Invoice Financing | No | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | No | No |
Revolut Business vs ICICI Bank UK Banking Basics
| Revolut Business | ICICI Bank UK | |
| Bank Type | Challenger | Foreign Bank |
| FSCS Protection | No | Yes, up to £85,000 |
| FCA Number | 900562 | 223268 |
| Website | Revolut Business Website | ICICI Bank UK Website |
Common Comparison Questions
Does Revolut Business or ICICI Bank UK 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, ICICI Bank UK scores 2.7 out of 5 based 23 Trustpilot reviews. Of which 18% are 5-star and 74% are 1-star.
Does Revolut Business or ICICI Bank UK 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, ICICI Bank UK’s iPhone App is rated 2.7 out of 5 based on 237 reviews. And it’s Android App is rated 4 out of 5 based on 684 reviews.
Does Revolut Business or ICICI Bank UK 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, ICICI Bank UK offers Business Savings Account, Business Fixed Deposit accounts with interest rates ranging from 2.85% to 4.50% (AER).
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For other business bank accounts see our guide here.