Is Shawbrook Bank or United Trust Bank better for your small business?
Below we look at both Shawbrook Bank and United 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 vs United Trust Bank Trustpilot Reviews
| Shawbrook Bank | United Trust Bank | |
| Trustpilot Review Score (out of 5) | 4.7 | 4.6 |
| Percent 5-Star Reviews | 85% | 78% |
| Percent 1- Star Reviews | 7% | 3% |
| Total Number of Reviews | 10,747 | 1,372 |
https://www.trustpilot.com/review/www.shawbrook.co.uk
https://www.trustpilot.com/review/utbank.co.uk
Shawbrook Bank vs United Trust Bank App Reviews
| Shawbrook Bank | United Trust Bank | |
| iPhone Review Score (out of 5) | No Rating | 5 |
| Number of iPhone Reviews | No Reviews | 5 |
| Android Review Score (out of 5) | No Rating | No Rating |
| Number of Android Reviews | No Reviews | No Reviews |
https://www.apple.com/uk/app-store/
https://apps.apple.com/us/app/united-trust-bank/id6444029400
Shawbrook Bank vs United Trust Bank Account Fees & Charges
| Shawbrook Bank | United Trust Bank | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | Free | £12.50 |
| Most Expensive Monthly Account Fee | £12 | £25 |
| Electronic Payment Cost (in/out) | Free | Free |
| Cash Payments Cost (in/out) | Free | Free / £1.50 |
| Cheques (in/out) | Free | Free / £2.50 |
| CHAPS Payments Cost | £35 | £25 |
| SEPA Payments Cost | No | No |
Shawbrook Bank vs United Trust Bank Business Savings Rates
| Shawbrook Bank | United Trust Bank | |
| Types of Business Savings Accounts | Easy Access, Fixed Rate, Notice Accounts | Fixed Term Business Bonds, Notice Accounts, Tracker Accounts |
| Lowest Savings Rate (AER) | 3.66% | 3.75% |
| Maximum Savings Rate (AER) | 5.03% | 5.25% |
| Minimum Savings Amount | £1,000 | £5,000 |
| Interest Paid On Foreign Currencies | No | Yes |
Shawbrook Bank vs United Trust Bank Account Opening Times
| Shawbrook Bank | United Trust Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 5 Working days | 7 Working days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | No | Yes |
Shawbrook Bank vs United Trust Bank Features & Account Types
| Shawbrook Bank | United Trust Bank | |
| Business Current Account | No | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | None | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | No | Yes |
| In Person/Branch Banking | No | No |
| Branch Locations | Limited locations accross the UK | London office only |
Shawbrook Bank vs United Trust Bank Customer Support Options
| Shawbrook Bank | United Trust Bank | |
| 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 United Trust Bank Foreign Currency Accounts
| Shawbrook Bank | United Trust Bank | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Shawbrook Bank and United Trust Bank
| Shawbrook Bank | United Trust Bank | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Shawbrook Bank vs United Trust Bank Banking Basics
| Shawbrook Bank | United Trust Bank | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 204574 | 204463 |
| Website | Shawbrook Bank Website | United Trust Bank Website |
Common Comparison Questions
Does Shawbrook Bank or United 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, United Trust Bank scores 4.6 out of 5 based 1,372 Trustpilot reviews. Of which 78% are 5-star and 3% are 1-star.
Does Shawbrook Bank or United 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, United Trust Bank’s iPhone App is rated 5 out of 5 based on 5 reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.
Does Shawbrook Bank or United 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, United Trust Bank offers Fixed Term Business Bonds, Notice Accounts, Tracker Accounts accounts with interest rates ranging from 3.75% to 5.25% (AER).
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For other business bank accounts see our guide here.