Is Saffron Building Society or SumUp Business Account better for your small business?
Below we look at both Saffron Building Society and SumUp Business Account 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 SumUp Business Account Trustpilot Reviews
| Saffron Building Society | SumUp Business Account | |
| Trustpilot Review Score (out of 5) | 2.2 | 4.2 |
| Percent 5-Star Reviews | 21% | 64% |
| Percent 1- Star Reviews | 73% | 22% |
| Total Number of Reviews | 58 | 18,247 |
https://www.trustpilot.com/review/saffronbs.co.uk
https://www.trustpilot.com/review/sumup.com
Saffron Building Society vs SumUp Business Account App Reviews
| Saffron Building Society | SumUp Business Account | |
| iPhone Review Score (out of 5) | 3.7 | 4.8 |
| Number of iPhone Reviews | 24 | 12,400 |
| Android Review Score (out of 5) | 3.7 | 4.7 |
| Number of Android Reviews | 14 | 84,500 |
https://apps.apple.com/gb/app/saffron-building-society/id1482290341
https://apps.apple.com/gb/app/sumup/id514879214
Saffron Building Society vs SumUp Business Account Account Fees & Charges
| Saffron Building Society | SumUp Business Account | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | No Limit |
| Cheapest Monthly Account Fee | £10 | No |
| Most Expensive Monthly Account Fee | £10 | No |
| Electronic Payment Cost (in/out) | Free | Free |
| Cash Payments Cost (in/out) | Free | Free |
| Cheques (in/out) | £1.50 | Free |
| CHAPS Payments Cost | £15 | No |
| SEPA Payments Cost | 25p | No |
Saffron Building Society vs SumUp Business Account Business Savings Rates
| Saffron Building Society | SumUp Business Account | |
| Types of Business Savings Accounts | Regular Savings, Easy access, Fixed rate bonds, Notice accounts, Business/corporate accounts | None |
| Lowest Savings Rate (AER) | 1.20% | NA |
| Maximum Savings Rate (AER) | 5.75% | NA |
| Minimum Savings Amount | £1 | NA |
| Interest Paid On Foreign Currencies | No | No |
Saffron Building Society vs SumUp Business Account Account Opening Times
| Saffron Building Society | SumUp Business Account | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Undisclosed | 10 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
Saffron Building Society vs SumUp Business Account Features & Account Types
| Saffron Building Society | SumUp Business Account | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| 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 | No |
| 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 only |
Saffron Building Society vs SumUp Business Account Customer Support Options
| Saffron Building Society | SumUp Business Account | |
| 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 | No |
Saffron Building Society vs SumUp Business Account Foreign Currency Accounts
| Saffron Building Society | SumUp Business Account | |
| 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 SumUp Business Account
| Saffron Building Society | SumUp Business Account | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | No | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | No |
Saffron Building Society vs SumUp Business Account Banking Basics
| Saffron Building Society | SumUp Business Account | |
| Bank Type | Building Society | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 100015 | 900700 |
| Website | Saffron Building Society Website | SumUp Business Account Website |
Common Comparison Questions
Does Saffron Building Society or SumUp Business Account 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, SumUp Business Account scores 4.2 out of 5 based 18,247 Trustpilot reviews. Of which 64% are 5-star and 22% are 1-star.
Does Saffron Building Society or SumUp Business Account 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, SumUp Business Account’s iPhone App is rated 4.8 out of 5 based on 12,400 reviews. And it’s Android App is rated 4.7 out of 5 based on 84,500 reviews.
Does Saffron Building Society or SumUp Business Account 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, SumUp Business Account 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.