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Soldo VS Unity Trust: Business Banking Review & Fee Comparison


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

Is Soldo or Unity Trust better for your small business?



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Below we look at both Soldo 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.

Soldo Homepage
Soldo Homepage


Unity Trust Homepage
Unity Trust Homepage
 

Soldo vs Unity Trust Trustpilot Reviews

SoldoUnity Trust
Trustpilot Review Score (out of 5)4.74
Percent 5-Star Reviews77%61%
Percent 1- Star Reviews11%14%
Total Number of Reviews1,667255
Sources:
https://www.trustpilot.com/review/soldo.com
https://www.trustpilot.com/review/unity.co.uk

Soldo vs Unity Trust App Reviews

SoldoUnity Trust
iPhone Review Score (out of 5)2.7No Rating
Number of iPhone Reviews70No Reviews
Android Review Score (out of 5)2.9No Rating
Number of Android Reviews469No Reviews
Sources:
https://apps.apple.com/gb/app/soldo/id1489150365
https://www.apple.com/uk/app-store/

Soldo vs Unity Trust Account Fees & Charges

SoldoUnity Trust
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£18£6
Most Expensive Monthly Account Fee£30£6
Electronic Payment Cost (in/out)£214p
Cash Payments Cost (in/out)No50p per £100
Cheques (in/out)Free30p per item
CHAPS Payments CostNo£28
SEPA Payments Cost€1.5025p

Soldo vs Unity Trust Business Savings Rates

SoldoUnity Trust
Types of Business Savings AccountsNoneInstant Access, Fixed Term
Lowest Savings Rate (AER)NA2.77%
Maximum Savings Rate (AER)NA5.10%
Minimum Savings AmountNANo
Interest Paid On Foreign CurrenciesYesYes
 

Soldo vs Unity Trust Account Opening Times

SoldoUnity Trust
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 day7 Working days
Do They Check Your Credit?NoYes
Current Account Switch ServiceNoYes

Soldo vs Unity Trust Features & Account Types

Soldo Account Types
Soldo Features & Account Types


Unity Trust Account Types
Unity Trust Features & Account Types


SoldoUnity Trust
Business Current AccountNoYes
Business Savings AccountNoYes
Business Credit CardNoNo
Business OverdraftNoYes
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesNo
In Person/Branch BankingNoNo
Branch LocationsNone, online onlyNo own branches but can use NatWest, RBS or Ulster Bank locations

Soldo vs Unity Trust Customer Support Options

SoldoUnity Trust
Phone Support AvailableNoYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportNoNo

Soldo vs Unity Trust Foreign Currency Accounts

SoldoUnity Trust
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)
  • Danish Krone (DKK)
  • Norwegian Krone (NOK)
  • Swedish Krona (SEK)
  • New Zealand Dollar (NZD)
  • Japanese Yen (JPY)

Other Business Services From Soldo and Unity Trust

Soldo Account Types
Other Soldo Services


Unity Trust Account Types
Other Unity Trust Services


SoldoUnity Trust
Business LoansNoYes
Commercial MortgagesNoYes
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoNo
Free Accounting SoftwareNoNo

Soldo vs Unity Trust Banking Basics

SoldoUnity Trust
Bank TypeChallengerChallenger
FSCS ProtectionNoYes, up to £85,000
FCA Number900459204570
WebsiteSoldo WebsiteUnity Trust Website

Common Comparison Questions

Does Soldo or Unity Trust 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, Unity Trust scores 4 out of 5 based 255 Trustpilot reviews. Of which 61% are 5-star and 14% are 1-star.

Does Soldo or Unity Trust 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, 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 Soldo or Unity Trust 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, Unity Trust offers Instant Access, Fixed Term accounts with interest rates ranging from 2.77% to 5.10% (AER).

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


For other business bank accounts see our guide here.

 



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