Is Saffron Building Society or Cater Allen better for your small business?
Below we look at both Saffron Building Society and Cater Allen 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 Cater Allen Trustpilot Reviews
| Saffron Building Society | Cater Allen | |
| Trustpilot Review Score (out of 5) | 2.2 | 1.9 |
| Percent 5-Star Reviews | 21% | 7% |
| Percent 1- Star Reviews | 73% | 80% |
| Total Number of Reviews | 58 | 136 |
https://www.trustpilot.com/review/saffronbs.co.uk
https://www.trustpilot.com/review/www.caterallen.co.uk
Saffron Building Society vs Cater Allen App Reviews
| Saffron Building Society | Cater Allen | |
| iPhone Review Score (out of 5) | 3.7 | No Rating |
| Number of iPhone Reviews | 24 | No Reviews |
| Android Review Score (out of 5) | 3.7 | No Rating |
| Number of Android Reviews | 14 | No Reviews |
https://apps.apple.com/gb/app/saffron-building-society/id1482290341
https://www.apple.com/uk/app-store/
Saffron Building Society vs Cater Allen Account Fees & Charges
| Saffron Building Society | Cater Allen | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | £10 | Free |
| Most Expensive Monthly Account Fee | £10 | £25 |
| Electronic Payment Cost (in/out) | Free | £2 |
| Cash Payments Cost (in/out) | Free | Free |
| Cheques (in/out) | £1.50 | £6 |
| CHAPS Payments Cost | £15 | £25 |
| SEPA Payments Cost | 25p | £2 |
Saffron Building Society vs Cater Allen Business Savings Rates
| Saffron Building Society | Cater Allen | |
| Types of Business Savings Accounts | Regular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts | Fixed Term, Notice Account |
| Lowest Savings Rate (AER) | 1.20% | 3.00% |
| Maximum Savings Rate (AER) | 5.75% | 4.70% |
| Minimum Savings Amount | £1 | No |
| Interest Paid On Foreign Currencies | No | Yes |
Saffron Building Society vs Cater Allen Account Opening Times
| Saffron Building Society | Cater Allen | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Undisclosed | 7 days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
Saffron Building Society vs Cater Allen Features & Account Types
| Saffron Building Society | Cater Allen | |
| Business Current Account | Yes | Yes |
| 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 | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Locations in Essex only | None, online and phone only |
Saffron Building Society vs Cater Allen Customer Support Options
| Saffron Building Society | Cater Allen | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | No |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
Saffron Building Society vs Cater Allen Foreign Currency Accounts
| Saffron Building Society | Cater Allen | |
| 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 Cater Allen
| Saffron Building Society | Cater Allen | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| 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 Cater Allen Banking Basics
| Saffron Building Society | Cater Allen | |
| Bank Type | Building Society | High Street |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 100015 | 178737 |
| Website | Saffron Building Society Website | Cater Allen Website |
Common Comparison Questions
Does Saffron Building Society or Cater Allen 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, Cater Allen scores 1.9 out of 5 based 136 Trustpilot reviews. Of which 7% are 5-star and 80% are 1-star.
Does Saffron Building Society or Cater Allen 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, Cater Allen’s iPhone App is rated No Rating out of 5 based on No Reviews reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.
Does Saffron Building Society or Cater Allen 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, Cater Allen offers Fixed Term, Notice Account accounts with interest rates ranging from 3.00% to 4.70% (AER).
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For other business bank accounts see our guide here.