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Soldo VS AIB (Allied Irish Bank): Business Banking Review & Fee Comparison


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

Is Soldo or AIB (Allied Irish Bank) better for your small business?



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Below we look at both Soldo and AIB (Allied Irish 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.

Soldo Homepage
Soldo Homepage


AIB (Allied Irish Bank) Homepage
AIB (Allied Irish Bank) Homepage
 

Soldo vs AIB (Allied Irish Bank) Trustpilot Reviews

SoldoAIB (Allied Irish Bank)
Trustpilot Review Score (out of 5)4.72.8
Percent 5-Star Reviews77%20%
Percent 1- Star Reviews11%70%
Total Number of Reviews1,66710
Sources:
https://www.trustpilot.com/review/soldo.com
https://www.trustpilot.com/review/aibgb.co.uk

Soldo vs AIB (Allied Irish Bank) App Reviews

SoldoAIB (Allied Irish Bank)
iPhone Review Score (out of 5)2.71.7
Number of iPhone Reviews70227
Android Review Score (out of 5)2.91.9
Number of Android Reviews46921,400
Sources:
https://apps.apple.com/gb/app/soldo/id1489150365
https://apps.apple.com/gb/app/aib-mobile/id468042881

Soldo vs AIB (Allied Irish Bank) Account Fees & Charges

SoldoAIB (Allied Irish Bank)
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£18£10
Most Expensive Monthly Account Fee£30£10
Electronic Payment Cost (in/out)£235p
Cash Payments Cost (in/out)No65p per £100
Cheques (in/out)Free70p
CHAPS Payments CostNo£25
SEPA Payments Cost€1.50£20

Soldo vs AIB (Allied Irish Bank) Business Savings Rates

SoldoAIB (Allied Irish Bank)
Types of Business Savings AccountsNoneDemand deposit account, Business fixed term deposit account, Currency deposit account
Lowest Savings Rate (AER)NA0.25%
Maximum Savings Rate (AER)NA3.02%
Minimum Savings AmountNA£1
Interest Paid On Foreign CurrenciesYesYes
 

Soldo vs AIB (Allied Irish Bank) Account Opening Times

SoldoAIB (Allied Irish Bank)
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 day15 minutes
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoYes

Soldo vs AIB (Allied Irish Bank) Features & Account Types

Soldo Account Types
Soldo Features & Account Types


AIB (Allied Irish Bank) Account Types
AIB (Allied Irish Bank) Features & Account Types


SoldoAIB (Allied Irish Bank)
Business Current AccountNoYes
Business Savings AccountNoYes
Business Credit CardNoYes
Business OverdraftNoYes
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeMastercardVisa
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoYes
Branch LocationsNone, online onlyBelfast, London and Dublin

Soldo vs AIB (Allied Irish Bank) Customer Support Options

SoldoAIB (Allied Irish Bank)
Phone Support AvailableNoYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoYes

Soldo vs AIB (Allied Irish Bank) Foreign Currency Accounts

SoldoAIB (Allied Irish Bank)
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • DKK (Danish Krone)
  • NOK (Norwegian Krone)
  • SEK (Swedish Krona)
  • NZD (New Zealand Dollar)
  • JPY (Japanese Yen)
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Japanese Yen (JPY)
  • Chinese Yuan (CNY)
  • Singapore Dollar (SGD)

Other Business Services From Soldo and AIB (Allied Irish Bank)

Soldo Account Types
Other Soldo Services


AIB (Allied Irish Bank) Account Types
Other AIB (Allied Irish Bank) Services


SoldoAIB (Allied Irish Bank)
Business LoansNoYes
Commercial MortgagesNoYes
Invoice FinancingNoYes
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoYes
Free Accounting SoftwareNoNo

Soldo vs AIB (Allied Irish Bank) Banking Basics

SoldoAIB (Allied Irish Bank)
Bank TypeChallengerHigh Street
FSCS ProtectionNoYes, up to £85,000
FCA Number900459204793
WebsiteSoldo WebsiteAIB (Allied Irish Bank) Website

Common Comparison Questions

Does Soldo or AIB (Allied Irish Bank) have better customer reviews?

Soldo scores 4.7 out of 5 based 1,667 Trustpilot reviews. Of these reviews 77% are 5-star and 11% are 1-star.

Whereas, AIB (Allied Irish Bank) scores 2.8 out of 5 based 10 Trustpilot reviews. Of which 20% are 5-star and 70% are 1-star.

Does Soldo or AIB (Allied Irish Bank) have a better App?

Soldo’s iPhone App is rated 2.7 out of 5 based on 70 reviews. And it’s Android App is rated 2.9 out of 5 based on 469 reviews.

In comparison, AIB (Allied Irish Bank)’s iPhone App is rated 1.7 out of 5 based on 227 reviews. And it’s Android App is rated 1.9 out of 5 based on 21,400 reviews.

Does Soldo or AIB (Allied Irish Bank) have better business savings rates?

Soldo offers the following types of business savings accounts: None with interest rates ranging from NA to NA. (AER)

In contrast, AIB (Allied Irish Bank) offers Demand deposit account, Business fixed term deposit account, Currency deposit account accounts with interest rates ranging from 0.25% to 3.02% (AER).

See Other Comparisons:
Soldo vs Unity Trust
Soldo vs United Trust Bank
Soldo vs HSBC Kinetic
Soldo vs CardOneMoney
Soldo vs Fair Everywhere


For other business bank accounts see our guide here.

 



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