Is Revolut Business or MyPOS better for your small business?
Below we look at both Revolut Business and MyPOS 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 MyPOS Trustpilot Reviews
| Revolut Business | MyPOS | |
| Trustpilot Review Score (out of 5) | 4.2 | 4.2 |
| Percent 5-Star Reviews | 75% | 67% |
| Percent 1- Star Reviews | 10% | 11% |
| Total Number of Reviews | 148,162 | 10,019 |
https://www.trustpilot.com/review/www.revolut.com
https://www.trustpilot.com/review/mypos.com
Revolut Business vs MyPOS App Reviews
| Revolut Business | MyPOS | |
| iPhone Review Score (out of 5) | 4.9 | 4.2 |
| Number of iPhone Reviews | 26,200 | 698 |
| Android Review Score (out of 5) | 4.6 | 3.3 |
| Number of Android Reviews | 20,300 | 14,900 |
https://apps.apple.com/gb/app/revolut-business/id1436969262
https://apps.apple.com/gb/app/mypos-accept-all-payments/id934401253
Revolut Business vs MyPOS Account Fees & Charges
| Revolut Business | MyPOS | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | No Limit | No Limit |
| Cheapest Monthly Account Fee | £19 | No |
| Most Expensive Monthly Account Fee | £79 | No |
| Electronic Payment Cost (in/out) | 1% + 20p | £1.50 |
| Cash Payments Cost (in/out) | €1 | £2 |
| Cheques (in/out) | £8 | Unknown |
| CHAPS Payments Cost | £25 | No |
| SEPA Payments Cost | 20p | £3 |
Revolut Business vs MyPOS Business Savings Rates
| Revolut Business | MyPOS | |
| Types of Business Savings Accounts | Grow, Scale, Enterprise | None |
| Lowest Savings Rate (AER) | 2% | NA |
| Maximum Savings Rate (AER) | 3% | NA |
| Minimum Savings Amount | No | NA |
| Interest Paid On Foreign Currencies | Yes | No |
Revolut Business vs MyPOS Account Opening Times
| Revolut Business | MyPOS | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 minutes | Few minutes |
| Do They Check Your Credit? | No | No |
| Current Account Switch Service | Yes | No |
Revolut Business vs MyPOS Features & Account Types
| Revolut Business | MyPOS | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | No | No |
| Business Overdraft | No | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | No | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | No |
| Card Type | Visa | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | No |
| Branch Locations | None, online only | None, online only |
Revolut Business vs MyPOS Customer Support Options
| Revolut Business | MyPOS | |
| 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 | No |
Revolut Business vs MyPOS Foreign Currency Accounts
| Revolut Business | MyPOS | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
| No |
Other Business Services From Revolut Business and MyPOS
| Revolut Business | MyPOS | |
| Business Loans | No | No |
| Commercial Mortgages | No | No |
| Invoice Financing | No | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | Yes | Yes |
| Free Accounting Software | No | Yes |
Revolut Business vs MyPOS Banking Basics
| Revolut Business | MyPOS | |
| Bank Type | Challenger | Other |
| FSCS Protection | No | No |
| FCA Number | 900562 | 900826 |
| Website | Revolut Business Website | MyPOS Website |
Common Comparison Questions
Does Revolut Business or MyPOS 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, MyPOS scores 4.2 out of 5 based 10,019 Trustpilot reviews. Of which 67% are 5-star and 11% are 1-star.
Does Revolut Business or MyPOS 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, MyPOS’s iPhone App is rated 4.2 out of 5 based on 698 reviews. And it’s Android App is rated 3.3 out of 5 based on 14,900 reviews.
Does Revolut Business or MyPOS 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, MyPOS offers None accounts with interest rates ranging from NA to NA (AER).
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For other business bank accounts see our guide here.