Is Shawbrook Bank or Unity Trust better for your small business?
Below we look at both Shawbrook Bank and Unity Trust 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 Unity Trust Trustpilot Reviews
| Shawbrook Bank | Unity Trust | |
| Trustpilot Review Score (out of 5) | 4.7 | 4 |
| Percent 5-Star Reviews | 85% | 61% |
| Percent 1- Star Reviews | 7% | 14% |
| Total Number of Reviews | 10,747 | 255 |
https://www.trustpilot.com/review/www.shawbrook.co.uk
https://www.trustpilot.com/review/unity.co.uk
Shawbrook Bank vs Unity Trust App Reviews
| Shawbrook Bank | Unity Trust | |
| iPhone Review Score (out of 5) | No Rating | No Rating |
| Number of iPhone Reviews | No Reviews | No Reviews |
| 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://www.apple.com/uk/app-store/
Shawbrook Bank vs Unity Trust Account Fees & Charges
| Shawbrook Bank | Unity Trust | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | Free | £6 |
| Most Expensive Monthly Account Fee | £12 | £6 |
| Electronic Payment Cost (in/out) | Free | 14p |
| Cash Payments Cost (in/out) | Free | 50p per £100 |
| Cheques (in/out) | Free | 30p per item |
| CHAPS Payments Cost | £35 | £28 |
| SEPA Payments Cost | No | 25p |
Shawbrook Bank vs Unity Trust Business Savings Rates
| Shawbrook Bank | Unity Trust | |
| Types of Business Savings Accounts | Easy Access, Fixed Rate, Notice Accounts | Instant Access, Fixed Term |
| Lowest Savings Rate (AER) | 3.66% | 2.77% |
| Maximum Savings Rate (AER) | 5.03% | 5.10% |
| Minimum Savings Amount | £1,000 | No |
| Interest Paid On Foreign Currencies | No | Yes |
Shawbrook Bank vs Unity Trust Account Opening Times
| Shawbrook Bank | Unity Trust | |
| 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 Unity Trust Features & Account Types
| Shawbrook Bank | Unity Trust | |
| 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 | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | No | No |
| In Person/Branch Banking | No | No |
| Branch Locations | Limited locations accross the UK | No own branches but can use NatWest, RBS or Ulster Bank locations |
Shawbrook Bank vs Unity Trust Customer Support Options
| Shawbrook Bank | Unity Trust | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | No | No |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | No |
Shawbrook Bank vs Unity Trust Foreign Currency Accounts
| Shawbrook Bank | Unity Trust | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Shawbrook Bank and Unity Trust
| Shawbrook Bank | Unity Trust | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Shawbrook Bank vs Unity Trust Banking Basics
| Shawbrook Bank | Unity Trust | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 204574 | 204570 |
| Website | Shawbrook Bank Website | Unity Trust Website |
Common Comparison Questions
Does Shawbrook Bank or Unity Trust 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, Unity Trust scores 4 out of 5 based 255 Trustpilot reviews. Of which 61% are 5-star and 14% are 1-star.
Does Shawbrook Bank or Unity Trust 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, Unity Trust’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 Unity Trust 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, Unity Trust offers Instant Access, Fixed Term accounts with interest rates ranging from 2.77% to 5.10% (AER).
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For other business bank accounts see our guide here.