Is Saffron Building Society or Triodos Bank better for your small business?
Below we look at both Saffron Building Society and Triodos 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 Triodos Bank Trustpilot Reviews
| Saffron Building Society | Triodos Bank | |
| Trustpilot Review Score (out of 5) | 2.2 | 4.1 |
| Percent 5-Star Reviews | 21% | 58% |
| Percent 1- Star Reviews | 73% | 22% |
| Total Number of Reviews | 58 | 514 |
https://www.trustpilot.com/review/saffronbs.co.uk
https://www.trustpilot.com/review/triodos.co.uk
Saffron Building Society vs Triodos Bank App Reviews
| Saffron Building Society | Triodos Bank | |
| iPhone Review Score (out of 5) | 3.7 | 4.6 |
| Number of iPhone Reviews | 24 | 1,700 |
| Android Review Score (out of 5) | 3.7 | 4.6 |
| Number of Android Reviews | 14 | 851 |
https://apps.apple.com/gb/app/saffron-building-society/id1482290341
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529
Saffron Building Society vs Triodos Bank Account Fees & Charges
| Saffron Building Society | Triodos Bank | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | £10 | £3 |
| Most Expensive Monthly Account Fee | £10 | £3 |
| Electronic Payment Cost (in/out) | Free | No |
| Cash Payments Cost (in/out) | Free | Free / £1 |
| Cheques (in/out) | £1.50 | £1 |
| CHAPS Payments Cost | £15 | £20 |
| SEPA Payments Cost | 25p | No |
Saffron Building Society vs Triodos Bank Business Savings Rates
| Saffron Building Society | Triodos Bank | |
| 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 | Yes |
Saffron Building Society vs Triodos Bank Account Opening Times
| Saffron Building Society | Triodos Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Undisclosed | 1 to 2 Working days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Saffron Building Society vs Triodos Bank Features & Account Types
| Saffron Building Society | Triodos Bank | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| Business Overdraft | No | Yes |
| Accounts For Startups | No | No |
| Accounts For Charities | Yes | No |
| 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 | Bristol, London and Edinburgh |
Saffron Building Society vs Triodos Bank Customer Support Options
| Saffron Building Society | Triodos 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 | No |
Saffron Building Society vs Triodos Bank Foreign Currency Accounts
| Saffron Building Society | Triodos Bank | |
| US Dollar (USD) Bank Accounts | No | No |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Saffron Building Society and Triodos Bank
| Saffron Building Society | Triodos Bank | |
| Business Loans | Yes | Yes |
| 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 Triodos Bank Banking Basics
| Saffron Building Society | Triodos Bank | |
| Bank Type | Building Society | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 100015 | 817008 |
| Website | Saffron Building Society Website | Triodos Bank Website |
Common Comparison Questions
Does Saffron Building Society or Triodos 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, Triodos Bank scores 4.1 out of 5 based 514 Trustpilot reviews. Of which 58% are 5-star and 22% are 1-star.
Does Saffron Building Society or Triodos 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, Triodos Bank’s iPhone App is rated 4.6 out of 5 based on 1,700 reviews. And it’s Android App is rated 4.6 out of 5 based on 851 reviews.
Does Saffron Building Society or Triodos 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, Triodos Bank 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.