Merchant Machine

Shawbrook Bank VS Hampshire Trust Bank: Business Banking Review & Fee Comparison


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

Is Shawbrook Bank or Hampshire Trust Bank better for your small business?



Compare UK Business Bank Accounts

Powered By BusinessBankAccounts.co.uk



Below we look at both Shawbrook Bank and Hampshire Trust 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.

Shawbrook Bank Homepage
Shawbrook Bank Homepage


Hampshire Trust Bank Homepage
Hampshire Trust Bank Homepage
 

Shawbrook Bank vs Hampshire Trust Bank Trustpilot Reviews

Shawbrook BankHampshire Trust Bank
Trustpilot Review Score (out of 5)4.74.5
Percent 5-Star Reviews85%75%
Percent 1- Star Reviews7%7%
Total Number of Reviews10,7471,591
Sources:
https://www.trustpilot.com/review/www.shawbrook.co.uk
https://www.trustpilot.com/review/htb.co.uk

Shawbrook Bank vs Hampshire Trust Bank App Reviews

Shawbrook BankHampshire Trust Bank
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 Hampshire Trust Bank Account Fees & Charges

Shawbrook BankHampshire Trust Bank
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account FeeFreeNo
Most Expensive Monthly Account Fee£12No
Electronic Payment Cost (in/out)Free25p
Cash Payments Cost (in/out)Free£1
Cheques (in/out)Free£1
CHAPS Payments Cost£35£25
SEPA Payments CostNo20p

Shawbrook Bank vs Hampshire Trust Bank Business Savings Rates

Shawbrook BankHampshire Trust Bank
Types of Business Savings AccountsEasy Access, Fixed Rate, Notice AccountsNotice Account, Fixed
Lowest Savings Rate (AER)3.66%4.50%
Maximum Savings Rate (AER)5.03%5.15%
Minimum Savings Amount£1,000£5,000
Interest Paid On Foreign CurrenciesNoNo
 

Shawbrook Bank vs Hampshire Trust Bank Account Opening Times

Shawbrook BankHampshire Trust Bank
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
5 Working days1 day
Do They Check Your Credit?YesYes
Current Account Switch ServiceNoNo

Shawbrook Bank vs Hampshire Trust Bank Features & Account Types

Shawbrook Bank Account Types
Shawbrook Bank Features & Account Types


Hampshire Trust Bank Account Types
Hampshire Trust Bank Features & Account Types


Shawbrook BankHampshire Trust Bank
Business Current AccountNoNo
Business Savings AccountYesYes
Business Credit CardYesYes
Business OverdraftYesYes
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeNoneNone
Online BankingYesYes
Mobile BankingNoNo
In Person/Branch BankingNoNo
Branch LocationsLimited locations accross the UKLondon & Leeds

Shawbrook Bank vs Hampshire Trust Bank Customer Support Options

Shawbrook BankHampshire Trust Bank
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support NoNo
Web Based SupportYesYes
In person Customer SupportNoNo

Shawbrook Bank vs Hampshire Trust Bank Foreign Currency Accounts

Shawbrook BankHampshire Trust Bank
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:NoNo

Other Business Services From Shawbrook Bank and Hampshire Trust Bank

Shawbrook Bank Account Types
Other Shawbrook Bank Services


Hampshire Trust Bank Account Types
Other Hampshire Trust Bank Services


Shawbrook BankHampshire Trust Bank
Business LoansYesYes
Commercial MortgagesYesYes
Invoice FinancingYesYes
International PaymentsYesYes
Merchant Payment ServicesYesNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Shawbrook Bank vs Hampshire Trust Bank Banking Basics

Shawbrook BankHampshire Trust Bank
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number204574204601
WebsiteShawbrook Bank WebsiteHampshire Trust Bank Website

Common Comparison Questions

Does Shawbrook Bank or Hampshire Trust Bank 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, Hampshire Trust Bank scores 4.5 out of 5 based 1,591 Trustpilot reviews. Of which 75% are 5-star and 7% are 1-star.

Does Shawbrook Bank or Hampshire Trust Bank 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, Hampshire Trust 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.

Does Shawbrook Bank or Hampshire Trust Bank 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, Hampshire Trust Bank offers Notice Account, Fixed accounts with interest rates ranging from 4.50% to 5.15% (AER).

See Other Comparisons:
Shawbrook Bank vs Mettle
Shawbrook Bank vs Monese
Shawbrook Bank vs Saffron Building Society
Shawbrook Bank vs OakNorth
Shawbrook Bank vs Airwallex


For other business bank accounts see our guide here.

 



Please note: Merchant Machine is an information and comparison website only.
We do not provide merchant services nor can we recommend which solution is right for you and your business.
Blog · About · Privacy Policy · Terms of Use · Contact Us
Copyright © 2025 Brilliant British Ltd trading as Merchant Machine

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224