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Soldo VS Cambridge Building Society: Business Banking Review & Fee Comparison


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

Is Soldo or Cambridge Building Society better for your small business?



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Below we look at both Soldo and Cambridge Building Society 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


Cambridge Building Society Homepage
Cambridge Building Society Homepage
 

Soldo vs Cambridge Building Society Trustpilot Reviews

SoldoCambridge Building Society
Trustpilot Review Score (out of 5)4.73.1
Percent 5-Star Reviews77%53%
Percent 1- Star Reviews11%47%
Total Number of Reviews1,66715
Sources:
https://www.trustpilot.com/review/soldo.com
https://www.trustpilot.com/review/www.cambridgebs.co.uk

Soldo vs Cambridge Building Society App Reviews

SoldoCambridge Building Society
iPhone Review Score (out of 5)2.74
Number of iPhone Reviews7035
Android Review Score (out of 5)2.92.6
Number of Android Reviews46929
Sources:
https://apps.apple.com/gb/app/soldo/id1489150365
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229

Soldo vs Cambridge Building Society Account Fees & Charges

SoldoCambridge Building Society
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£18£10
Most Expensive Monthly Account Fee£30£20
Electronic Payment Cost (in/out)£2Free
Cash Payments Cost (in/out)No£1.50
Cheques (in/out)FreeFree
CHAPS Payments CostNoNo
SEPA Payments Cost€1.50No

Soldo vs Cambridge Building Society Business Savings Rates

SoldoCambridge Building Society
Types of Business Savings AccountsNoneBusiness Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond
Lowest Savings Rate (AER)NA2.90%
Maximum Savings Rate (AER)NA4.25%
Minimum Savings AmountNA£1,000
Interest Paid On Foreign CurrenciesYesNo
 

Soldo vs Cambridge Building Society Account Opening Times

SoldoCambridge Building Society
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 dayUndisclosed
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoNo

Soldo vs Cambridge Building Society Features & Account Types

Soldo Account Types
Soldo Features & Account Types


Cambridge Building Society Account Types
Cambridge Building Society Features & Account Types


SoldoCambridge Building Society
Business Current AccountNoNo
Business Savings AccountNoYes
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeMastercardNone
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoYes
Branch LocationsNone, online onlyLocations around Cambridge

Soldo vs Cambridge Building Society Customer Support Options

SoldoCambridge Building Society
Phone Support AvailableNoYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoYes

Soldo vs Cambridge Building Society Foreign Currency Accounts

SoldoCambridge Building Society
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesNo
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)
No

Other Business Services From Soldo and Cambridge Building Society

Soldo Account Types
Other Soldo Services


Cambridge Building Society Account Types
Other Cambridge Building Society Services


SoldoCambridge Building Society
Business LoansNoYes
Commercial MortgagesNoYes
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Soldo vs Cambridge Building Society Banking Basics

SoldoCambridge Building Society
Bank TypeChallengerBuilding Society
FSCS ProtectionNoYes, up to £85,000
FCA Number900459157223
WebsiteSoldo WebsiteCambridge Building Society Website

Common Comparison Questions

Does Soldo or Cambridge Building Society 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, Cambridge Building Society scores 3.1 out of 5 based 15 Trustpilot reviews. Of which 53% are 5-star and 47% are 1-star.

Does Soldo or Cambridge Building Society 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, Cambridge Building Society’s iPhone App is rated 4 out of 5 based on 35 reviews. And it’s Android App is rated 2.6 out of 5 based on 29 reviews.

Does Soldo or Cambridge Building Society 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, Cambridge Building Society offers Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond accounts with interest rates ranging from 2.90% to 4.25% (AER).

See Other Comparisons:
Soldo vs PayPal Debit
Soldo vs Allica Bank
Soldo vs Cater Allen
Soldo vs AIB (Allied Irish Bank)
Soldo vs Unity Trust


For other business bank accounts see our guide here.

 



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