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Shawbrook Bank VS Cater Allen: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Shawbrook Bank or Cater Allen better for your small business?



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Below we look at both Shawbrook Bank 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.

Shawbrook Bank Homepage
Shawbrook Bank Homepage


Cater Allen Homepage
Cater Allen Homepage
 

Shawbrook Bank vs Cater Allen Trustpilot Reviews

Shawbrook BankCater Allen
Trustpilot Review Score (out of 5)4.71.9
Percent 5-Star Reviews85%7%
Percent 1- Star Reviews7%80%
Total Number of Reviews10,747136
Sources:
https://www.trustpilot.com/review/www.shawbrook.co.uk
https://www.trustpilot.com/review/www.caterallen.co.uk

Shawbrook Bank vs Cater Allen App Reviews

Shawbrook BankCater Allen
iPhone Review Score (out of 5)No RatingNo Rating
Number of iPhone ReviewsNo ReviewsNo Reviews
Android Review Score (out of 5)No RatingNo Rating
Number of Android ReviewsNo ReviewsNo Reviews
Sources:
https://www.apple.com/uk/app-store/
https://www.apple.com/uk/app-store/

Shawbrook Bank vs Cater Allen Account Fees & Charges

Shawbrook BankCater Allen
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account FeeFreeFree
Most Expensive Monthly Account Fee£12£25
Electronic Payment Cost (in/out)Free£2
Cash Payments Cost (in/out)FreeFree
Cheques (in/out)Free£6
CHAPS Payments Cost£35£25
SEPA Payments CostNo£2

Shawbrook Bank vs Cater Allen Business Savings Rates

Shawbrook BankCater Allen
Types of Business Savings AccountsEasy Access, Fixed Rate, Notice AccountsFixed Term, Notice Account
Lowest Savings Rate (AER)3.66%3.00%
Maximum Savings Rate (AER)5.03%4.70%
Minimum Savings Amount£1,000No
Interest Paid On Foreign CurrenciesNoYes
 

Shawbrook Bank vs Cater Allen Account Opening Times

Shawbrook BankCater Allen
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
5 Working days7 days
Do They Check Your Credit?YesYes
Current Account Switch ServiceNoNo

Shawbrook Bank vs Cater Allen Features & Account Types

Shawbrook Bank Account Types
Shawbrook Bank Features & Account Types


Cater Allen Account Types
Cater Allen Features & Account Types


Shawbrook BankCater Allen
Business Current AccountNoYes
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeNoneMastercard
Online BankingYesYes
Mobile BankingNoYes
In Person/Branch BankingNoNo
Branch LocationsLimited locations accross the UKNone, online and phone only

Shawbrook Bank vs Cater Allen Customer Support Options

Shawbrook BankCater Allen
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support NoNo
Web Based SupportYesYes
In person Customer SupportNoNo

Shawbrook Bank vs Cater Allen Foreign Currency Accounts

Shawbrook BankCater Allen
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:No
  • CHF (Swiss Franc)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • SGD (Singapore Dollar)
  • HKD (Hong Kong Dollar)

Other Business Services From Shawbrook Bank and Cater Allen

Shawbrook Bank Account Types
Other Shawbrook Bank Services


Cater Allen Account Types
Other Cater Allen Services


Shawbrook BankCater Allen
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesYesNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Shawbrook Bank vs Cater Allen Banking Basics

Shawbrook BankCater Allen
Bank TypeChallengerHigh Street
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number204574178737
WebsiteShawbrook Bank WebsiteCater Allen Website

Common Comparison Questions

Does Shawbrook Bank or Cater Allen have better customer reviews?

Shawbrook Bank scores 4.7 out of 5 based 10,747 Trustpilot reviews. Of these reviews 85% are 5-star and 7% 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 Shawbrook Bank or Cater Allen have a better App?

Shawbrook Bank’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.

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 Shawbrook Bank or Cater Allen have better business savings rates?

Shawbrook Bank offers the following types of business savings accounts: Easy Access, Fixed Rate, Notice Accounts with interest rates ranging from 3.66% to 5.03%. (AER)

In contrast, Cater Allen offers Fixed Term, Notice Account accounts with interest rates ranging from 3.00% to 4.70% (AER).

See Other Comparisons:
Shawbrook Bank vs AIB (Allied Irish Bank)
Shawbrook Bank vs Unity Trust
Shawbrook Bank vs United Trust Bank
Shawbrook Bank vs HSBC Kinetic
Shawbrook Bank vs CardOneMoney


For other business bank accounts see our guide here.

 



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