Is a Santander business account right for you?
Read real customer reviews below along with more information about the various banking services Santander offers to businesses.
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Santander Customer Reviews
Review Summary
Recent Reviews
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Santander Reviews From Other Websites
Santander Trustpilot Reviews
| Review Score (out of 5) | Percent 5-Star Reviews | Percent 1-star Reviews | Total Number of Reviews |
|---|---|---|---|
| 1.40 | 8% | 85% | 6,868 |
Source: https://www.trustpilot.com/review/www.santander.co.uk
Santander iPhone & Android App Reviews
| App Type | Review Score (out out 5) | Total Number of Reviews |
|---|---|---|
| iPhone | 4.80 | 1,100,000 |
| Android | 4.40 | 54,300 |
Source:
https://apps.apple.com/gb/app/santander-mobile-banking/id482973524
https://play.google.com/store/apps/details?id=com.sovereign.santander&hl=en_GB
Santander Basics
| Bank Type | High Street |
| FSCS Protection | Yes, up to £85,000 |
| Branch Locations | UK-wide |
| Card Type | Mastercard |
| FCA Number | 106054 |
| Online Banking | Yes |
| Mobile Banking | Yes |
| In Person/Branch Banking | Yes |
Customer Support Options
| Phone Support Available | Yes |
| Email Support Available | Yes |
| Support Via Their App | Yes |
| Web Based Support | Yes |
| In person Customer Support | Yes |
Santander Business Account Types
| Business Current Account | Yes |
| Business Savings Account | Yes |
| Business Credit Card | Yes |
| Business Overdraft | Yes |
| Accounts For Startups | Yes |
| Accounts For Charities | Yes |
| Accounts For Sole Traders | Yes |
| Joint Business Accounts Available | Yes |
Opening A Santander Business Account
| Can You Apply Online? | Yes |
| How Long Does Opening An Account Typically Take? |
Few minutes |
| Do They Check Your Credit? | Yes |
| Current Account Switch Service | Yes |
Click to open a Santander Business Account
Santander Business Savings
| Types of Business Savings Accounts | Instant access, Business Reward Saver, Fixed Rate Business Bond, Treasurer’s Savings Account |
| Lowest Savings Rate (AER) | 0.40% |
| Maximum Savings Rate (AER) | 3.60% |
| Minimum Savings Amount | £1 |
Please note these numbers were accurate at the time of publication, but may have since changed. Click to here to see current Santander rates
Santander Fees & Charges
| Free Business Bank Account | Yes |
| Free Business Account Term Length | 18 Months |
| Cheapest Monthly Account Fee | Free |
| Most Expensive Monthly Account Fee | £7.50 |
| Electronic Payment Cost (in/out) | Free |
| Cash Payments Cost (in/out) | 70p per £100 |
| Cheques in/out | Unknown |
| CHAPS Payments Cost | £25 |
| SEPA Payments Cost | No |
Santander Foreign Currency Accounts
| US Dollar (USD) Bank Account | Yes |
| Euro (EUR) Bank Account | Yes |
| Interest Paid On Foreign Currencies | Yes |
Other Currencies Available:
- Swiss Franc (CHF)
- Japanese Yen (JPY)
- Australian Dollar (AUD)
- Canadian Dollar (CAD)
- New Zealand Dollar (NZD)
- Singapore Dollar (SGD)
- Hong Kong Dollar (HKD)
Other Santander Business Services
| Business Loans | Yes |
| Commercial Mortgages | Yes |
| Invoice Financing | Yes |
| International Payments | Yes |
| Merchant Services | Yes |
| Card Machines | Yes |
| Free Accounting Software | Yes |
Click to visit the Santander website
Also see:
Santander vs NatWest
Santander vs Barclays
Santander vs HSBC
Santander vs Nationwide
Santander vs Lloyds Bank
Santander vs Tide
Santander vs Virgin Money
Santander vs Monzo
For other business bank accounts see out guide here.
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