Is Saffron Building Society or AIB (Allied Irish Bank) better for your small business?
Below we look at both Saffron Building Society 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.
Saffron Building Society vs AIB (Allied Irish Bank) Trustpilot Reviews
| Saffron Building Society | AIB (Allied Irish Bank) | |
| Trustpilot Review Score (out of 5) | 2.2 | 2.8 |
| Percent 5-Star Reviews | 21% | 20% |
| Percent 1- Star Reviews | 73% | 70% |
| Total Number of Reviews | 58 | 10 |
https://www.trustpilot.com/review/saffronbs.co.uk
https://www.trustpilot.com/review/aibgb.co.uk
Saffron Building Society vs AIB (Allied Irish Bank) App Reviews
| Saffron Building Society | AIB (Allied Irish Bank) | |
| iPhone Review Score (out of 5) | 3.7 | 1.7 |
| Number of iPhone Reviews | 24 | 227 |
| Android Review Score (out of 5) | 3.7 | 1.9 |
| Number of Android Reviews | 14 | 21,400 |
https://apps.apple.com/gb/app/saffron-building-society/id1482290341
https://apps.apple.com/gb/app/aib-mobile/id468042881
Saffron Building Society vs AIB (Allied Irish Bank) Account Fees & Charges
| Saffron Building Society | AIB (Allied Irish Bank) | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | £10 | £10 |
| Most Expensive Monthly Account Fee | £10 | £10 |
| Electronic Payment Cost (in/out) | Free | 35p |
| Cash Payments Cost (in/out) | Free | 65p per £100 |
| Cheques (in/out) | £1.50 | 70p |
| CHAPS Payments Cost | £15 | £25 |
| SEPA Payments Cost | 25p | £20 |
Saffron Building Society vs AIB (Allied Irish Bank) Business Savings Rates
| Saffron Building Society | AIB (Allied Irish Bank) | |
| Types of Business Savings Accounts | Regular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts | Demand deposit account, Business fixed term deposit account, Currency deposit account |
| Lowest Savings Rate (AER) | 1.20% | 0.25% |
| Maximum Savings Rate (AER) | 5.75% | 3.02% |
| Minimum Savings Amount | £1 | £1 |
| Interest Paid On Foreign Currencies | No | Yes |
Saffron Building Society vs AIB (Allied Irish Bank) Account Opening Times
| Saffron Building Society | AIB (Allied Irish Bank) | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Undisclosed | 15 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Saffron Building Society vs AIB (Allied Irish Bank) Features & Account Types
| Saffron Building Society | AIB (Allied Irish Bank) | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | Yes |
| Business Overdraft | No | Yes |
| Accounts For Startups | No | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | Locations in Essex only | Belfast, London and Dublin |
Saffron Building Society vs AIB (Allied Irish Bank) Customer Support Options
| Saffron Building Society | 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 | Yes | Yes |
Saffron Building Society vs AIB (Allied Irish Bank) Foreign Currency Accounts
| Saffron Building Society | AIB (Allied Irish Bank) | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Saffron Building Society and AIB (Allied Irish Bank)
| Saffron Building Society | AIB (Allied Irish Bank) | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | No | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | No |
Saffron Building Society vs AIB (Allied Irish Bank) Banking Basics
| Saffron Building Society | AIB (Allied Irish Bank) | |
| Bank Type | Building Society | High Street |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 100015 | 204793 |
| Website | Saffron Building Society Website | AIB (Allied Irish Bank) Website |
Common Comparison Questions
Does Saffron Building Society or AIB (Allied Irish Bank) have better customer reviews?
Saffron Building Society scores 2.2 out of 5 based 58 Trustpilot reviews. Of these reviews 21% are 5-star and 73% 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 Saffron Building Society or AIB (Allied Irish Bank) have a better App?
Saffron Building Society’s iPhone App is rated 3.7 out of 5 based on 24 reviews. And it’s Android App is rated 3.7 out of 5 based on 14 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 Saffron Building Society or AIB (Allied Irish Bank) have better business savings rates?
Saffron Building Society offers the following types of business savings accounts: Regular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts with interest rates ranging from 1.20% to 5.75%. (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.