Is Shawbrook Bank or SumUp Business Account better for your small business?
Below we look at both Shawbrook Bank and SumUp Business Account 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 vs SumUp Business Account Trustpilot Reviews
| Shawbrook Bank | SumUp Business Account | |
| Trustpilot Review Score (out of 5) | 4.7 | 4.2 |
| Percent 5-Star Reviews | 85% | 64% |
| Percent 1- Star Reviews | 7% | 22% |
| Total Number of Reviews | 10,747 | 18,247 |
https://www.trustpilot.com/review/www.shawbrook.co.uk
https://www.trustpilot.com/review/sumup.com
Shawbrook Bank vs SumUp Business Account App Reviews
| Shawbrook Bank | SumUp Business Account | |
| iPhone Review Score (out of 5) | No Rating | 4.8 |
| Number of iPhone Reviews | No Reviews | 12,400 |
| Android Review Score (out of 5) | No Rating | 4.7 |
| Number of Android Reviews | No Reviews | 84,500 |
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/sumup/id514879214
Shawbrook Bank vs SumUp Business Account Account Fees & Charges
| Shawbrook Bank | SumUp Business Account | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | No Limit |
| Cheapest Monthly Account Fee | Free | No |
| Most Expensive Monthly Account Fee | £12 | No |
| Electronic Payment Cost (in/out) | Free | Free |
| Cash Payments Cost (in/out) | Free | Free |
| Cheques (in/out) | Free | Free |
| CHAPS Payments Cost | £35 | No |
| SEPA Payments Cost | No | No |
Shawbrook Bank vs SumUp Business Account Business Savings Rates
| Shawbrook Bank | SumUp Business Account | |
| Types of Business Savings Accounts | Easy Access, Fixed Rate, Notice Accounts | None |
| Lowest Savings Rate (AER) | 3.66% | NA |
| Maximum Savings Rate (AER) | 5.03% | NA |
| Minimum Savings Amount | £1,000 | NA |
| Interest Paid On Foreign Currencies | No | No |
Shawbrook Bank vs SumUp Business Account Account Opening Times
| Shawbrook Bank | SumUp Business Account | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 5 Working days | 10 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | No | No |
Shawbrook Bank vs SumUp Business Account Features & Account Types
| Shawbrook Bank | SumUp Business Account | |
| Business Current Account | No | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | No |
| Card Type | None | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | No | Yes |
| In Person/Branch Banking | No | No |
| Branch Locations | Limited locations accross the UK | None, online only |
Shawbrook Bank vs SumUp Business Account Customer Support Options
| Shawbrook Bank | SumUp Business Account | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | No | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | No |
Shawbrook Bank vs SumUp Business Account Foreign Currency Accounts
| Shawbrook Bank | SumUp Business Account | |
| US Dollar (USD) Bank Accounts | No | No |
| Euro (EUR) Bank Accounts | No | No |
| Other Currencies Available: | No | No |
Other Business Services From Shawbrook Bank and SumUp Business Account
| Shawbrook Bank | SumUp Business Account | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | No |
Shawbrook Bank vs SumUp Business Account Banking Basics
| Shawbrook Bank | SumUp Business Account | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 204574 | 900700 |
| Website | Shawbrook Bank Website | SumUp Business Account Website |
Common Comparison Questions
Does Shawbrook Bank or SumUp Business Account 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, SumUp Business Account scores 4.2 out of 5 based 18,247 Trustpilot reviews. Of which 64% are 5-star and 22% are 1-star.
Does Shawbrook Bank or SumUp Business Account 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, SumUp Business Account’s iPhone App is rated 4.8 out of 5 based on 12,400 reviews. And it’s Android App is rated 4.7 out of 5 based on 84,500 reviews.
Does Shawbrook Bank or SumUp Business Account 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, SumUp Business Account 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.