Is Revolut Business or Ulster Bank better for your small business?
Below we look at both Revolut Business and Ulster 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 Ulster Bank Trustpilot Reviews
| Revolut Business | Ulster Bank | |
| Trustpilot Review Score (out of 5) | 4.2 | 1.5 |
| Percent 5-Star Reviews | 75% | 8% |
| Percent 1- Star Reviews | 10% | 86% |
| Total Number of Reviews | 148,162 | 114 |
https://www.trustpilot.com/review/www.revolut.com
https://www.trustpilot.com/review/www.ulsterbank.co.uk
Revolut Business vs Ulster Bank App Reviews
| Revolut Business | Ulster Bank | |
| iPhone Review Score (out of 5) | 4.9 | 4.8 |
| Number of iPhone Reviews | 26,200 | 15,700 |
| Android Review Score (out of 5) | 4.6 | 4.1 |
| Number of Android Reviews | 20,300 | 15,000 |
https://apps.apple.com/gb/app/revolut-business/id1436969262
https://apps.apple.com/gb/app/ulster-bank-ni-mobile-banking/id469523324
Revolut Business vs Ulster Bank Account Fees & Charges
| Revolut Business | Ulster Bank | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | No Limit | 24 Months |
| Cheapest Monthly Account Fee | £19 | £8 |
| Most Expensive Monthly Account Fee | £79 | £12 |
| Electronic Payment Cost (in/out) | 1% + 20p | 43p |
| Cash Payments Cost (in/out) | €1 | 70p per £100 |
| Cheques (in/out) | £8 | 40p |
| CHAPS Payments Cost | £25 | £18.75 |
| SEPA Payments Cost | 20p | €0.51 |
Revolut Business vs Ulster Bank Business Savings Rates
| Revolut Business | Ulster Bank | |
| Types of Business Savings Accounts | Grow, Scale, Enterprise | Instant access accounts, Fixed term accounts, Currency savings accounts |
| Lowest Savings Rate (AER) | 2% | 1.46% |
| Maximum Savings Rate (AER) | 3% | 1.92% |
| Minimum Savings Amount | No | No |
| Interest Paid On Foreign Currencies | Yes | Yes |
Revolut Business vs Ulster Bank Account Opening Times
| Revolut Business | Ulster Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 minutes | 24 working hours |
| Do They Check Your Credit? | No | Yes |
| Current Account Switch Service | Yes | Yes |
Revolut Business vs Ulster Bank Features & Account Types
| Revolut Business | Ulster 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 | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | Yes |
| Branch Locations | None, online only | Northern Ireland Only |
Revolut Business vs Ulster Bank Customer Support Options
| Revolut Business | Ulster 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 Ulster Bank Foreign Currency Accounts
| Revolut Business | Ulster 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 Ulster Bank
| Revolut Business | Ulster Bank | |
| Business Loans | No | Yes |
| Commercial Mortgages | No | No |
| Invoice Financing | No | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | Yes | Yes |
| Free Accounting Software | No | Yes |
Revolut Business vs Ulster Bank Banking Basics
| Revolut Business | Ulster Bank | |
| Bank Type | Challenger | High Street |
| FSCS Protection | No | Yes, up to £85,000 |
| FCA Number | 900562 | NA |
| Website | Revolut Business Website | Ulster Bank Website |
Common Comparison Questions
Does Revolut Business or Ulster 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, Ulster Bank scores 1.5 out of 5 based 114 Trustpilot reviews. Of which 8% are 5-star and 86% are 1-star.
Does Revolut Business or Ulster 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, Ulster Bank’s iPhone App is rated 4.8 out of 5 based on 15,700 reviews. And it’s Android App is rated 4.1 out of 5 based on 15,000 reviews.
Does Revolut Business or Ulster 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, Ulster Bank offers Instant access accounts, Fixed term accounts, Currency savings accounts accounts with interest rates ranging from 1.46% to 1.92% (AER).
See Other Comparisons:Revolut Business vs Kent Reliance
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For other business bank accounts see our guide here.