Is Santander or Revolut Business better for your small business?
Below we look at both Santander and Revolut Business 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.
Santander vs Revolut Business Trustpilot Reviews
| Santander | Revolut Business | |
| Trustpilot Review Score (out of 5) | 1.4 | 4.2 |
| Percent 5-Star Reviews | 8% | 75% |
| Percent 1- Star Reviews | 85% | 10% |
| Total Number of Reviews | 6,868 | 148,162 |
https://www.trustpilot.com/review/www.santander.co.uk
https://www.trustpilot.com/review/www.revolut.com
Santander vs Revolut Business App Reviews
| Santander | Revolut Business | |
| iPhone Review Score (out of 5) | 4.8 | 4.9 |
| Number of iPhone Reviews | 1,100,000 | 26,200 |
| Android Review Score (out of 5) | 4.4 | 4.6 |
| Number of Android Reviews | 54,300 | 20,300 |
https://apps.apple.com/gb/app/santander-mobile-banking/id482973524
https://apps.apple.com/gb/app/revolut-business/id1436969262
Santander vs Revolut Business Account Fees & Charges
| Santander | Revolut Business | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | 18 Months | No Limit |
| Cheapest Monthly Account Fee | Free | £19 |
| Most Expensive Monthly Account Fee | £7.50 | £79 |
| Electronic Payment Cost (in/out) | Free | 1% + 20p |
| Cash Payments Cost (in/out) | 70p per £100 | €1 |
| Cheques (in/out) | Unknown | £8 |
| CHAPS Payments Cost | £25 | £25 |
| SEPA Payments Cost | No | 20p |
Santander vs Revolut Business Business Savings Rates
| Santander | Revolut Business | |
| Types of Business Savings Accounts | Instant access, Business Reward Saver, Fixed Rate Business Bond, Treasurer’s Savings Account | Grow, Scale, Enterprise |
| Lowest Savings Rate (AER) | 0.40% | 2% |
| Maximum Savings Rate (AER) | 3.60% | 3% |
| Minimum Savings Amount | £1 | No |
| Interest Paid On Foreign Currencies | Yes | Yes |
Santander vs Revolut Business Account Opening Times
| Santander | Revolut Business | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Few minutes | 10 minutes |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
Santander vs Revolut Business Features & Account Types
| Santander | Revolut Business | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | UK-wide | None, online only |
Santander vs Revolut Business Customer Support Options
| Santander | Revolut Business | |
| 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 |
Santander vs Revolut Business Foreign Currency Accounts
| Santander | Revolut Business | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
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Other Business Services From Santander and Revolut Business
| Santander | Revolut Business | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | Yes | Yes |
| Free Accounting Software | Yes | No |
Santander vs Revolut Business Banking Basics
| Santander | Revolut Business | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 106054 | 900562 |
| Website | Santander Website | Revolut Business Website |
Common Comparison Questions
Does Santander or Revolut Business have better customer reviews?
Santander scores 1.4 out of 5 based 6,868 Trustpilot reviews. Of these reviews 8% are 5-star and 85% are 1-star.
Whereas, Revolut Business scores 4.2 out of 5 based 148,162 Trustpilot reviews. Of which 75% are 5-star and 10% are 1-star.
Does Santander or Revolut Business have a better App?
Santander’s iPhone App is rated 4.8 out of 5 based on 1,100,000 reviews. And it’s Android App is rated 4.4 out of 5 based on 54,300 reviews.
In comparison, Revolut Business’s iPhone App is rated 4.9 out of 5 based on 26,200 reviews. And it’s Android App is rated 4.6 out of 5 based on 20,300 reviews.
Does Santander or Revolut Business have better business savings rates?
Santander offers the following types of business savings accounts: Instant access, Business Reward Saver, Fixed Rate Business Bond, Treasurer’s Savings Account with interest rates ranging from 0.40% to 3.60%. (AER)
In contrast, Revolut Business offers Grow, Scale, Enterprise accounts with interest rates ranging from 2% to 3% (AER).
See Other Comparisons:Santander vs Danske Bank UK
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Santander vs Zempler Bank (formerly Cashplus)
For other business bank accounts see our guide here.