Is Saffron Building Society or Cambridge Building Society better for your small business?
Below we look at both Saffron Building Society and Cambridge Building Society 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 Cambridge Building Society Trustpilot Reviews
| Saffron Building Society | Cambridge Building Society | |
| Trustpilot Review Score (out of 5) | 2.2 | 3.1 |
| Percent 5-Star Reviews | 21% | 53% |
| Percent 1- Star Reviews | 73% | 47% |
| Total Number of Reviews | 58 | 15 |
https://www.trustpilot.com/review/saffronbs.co.uk
https://www.trustpilot.com/review/www.cambridgebs.co.uk
Saffron Building Society vs Cambridge Building Society App Reviews
| Saffron Building Society | Cambridge Building Society | |
| iPhone Review Score (out of 5) | 3.7 | 4 |
| Number of iPhone Reviews | 24 | 35 |
| Android Review Score (out of 5) | 3.7 | 2.6 |
| Number of Android Reviews | 14 | 29 |
https://apps.apple.com/gb/app/saffron-building-society/id1482290341
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229
Saffron Building Society vs Cambridge Building Society Account Fees & Charges
| Saffron Building Society | Cambridge Building Society | |
| 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 | £20 |
| Electronic Payment Cost (in/out) | Free | Free |
| Cash Payments Cost (in/out) | Free | £1.50 |
| Cheques (in/out) | £1.50 | Free |
| CHAPS Payments Cost | £15 | No |
| SEPA Payments Cost | 25p | No |
Saffron Building Society vs Cambridge Building Society Business Savings Rates
| Saffron Building Society | Cambridge Building Society | |
| Types of Business Savings Accounts | Regular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts | Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond |
| Lowest Savings Rate (AER) | 1.20% | 2.90% |
| Maximum Savings Rate (AER) | 5.75% | 4.25% |
| Minimum Savings Amount | £1 | £1,000 |
| Interest Paid On Foreign Currencies | No | No |
Saffron Building Society vs Cambridge Building Society Account Opening Times
| Saffron Building Society | Cambridge Building Society | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Undisclosed | Undisclosed |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
Saffron Building Society vs Cambridge Building Society Features & Account Types
| Saffron Building Society | Cambridge Building Society | |
| Business Current Account | Yes | No |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| Business Overdraft | No | No |
| 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 | None |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | Locations in Essex only | Locations around Cambridge |
Saffron Building Society vs Cambridge Building Society Customer Support Options
| Saffron Building Society | Cambridge Building Society | |
| 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 Cambridge Building Society Foreign Currency Accounts
| Saffron Building Society | Cambridge Building Society | |
| US Dollar (USD) Bank Accounts | No | No |
| Euro (EUR) Bank Accounts | No | No |
| Other Currencies Available: | No | No |
Other Business Services From Saffron Building Society and Cambridge Building Society
| Saffron Building Society | Cambridge Building Society | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | No | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | No |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Saffron Building Society vs Cambridge Building Society Banking Basics
| Saffron Building Society | Cambridge Building Society | |
| Bank Type | Building Society | Building Society |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 100015 | 157223 |
| Website | Saffron Building Society Website | Cambridge Building Society Website |
Common Comparison Questions
Does Saffron Building Society or Cambridge Building Society 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, Cambridge Building Society scores 3.1 out of 5 based 15 Trustpilot reviews. Of which 53% are 5-star and 47% are 1-star.
Does Saffron Building Society or Cambridge Building Society 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, Cambridge Building Society’s iPhone App is rated 4 out of 5 based on 35 reviews. And it’s Android App is rated 2.6 out of 5 based on 29 reviews.
Does Saffron Building Society or Cambridge Building Society 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, Cambridge Building Society offers Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond accounts with interest rates ranging from 2.90% to 4.25% (AER).
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For other business bank accounts see our guide here.