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Triodos Bank VS Cater Allen: Business Banking Review & Fee Comparison


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

Is Triodos Bank or Cater Allen better for your small business?



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Below we look at both Triodos Bank and Cater Allen 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.

Triodos Bank Homepage
Triodos Bank Homepage


Cater Allen Homepage
Cater Allen Homepage
 

Triodos Bank vs Cater Allen Trustpilot Reviews

Triodos BankCater Allen
Trustpilot Review Score (out of 5)4.11.9
Percent 5-Star Reviews58%7%
Percent 1- Star Reviews22%80%
Total Number of Reviews514136
Sources:
https://www.trustpilot.com/review/triodos.co.uk
https://www.trustpilot.com/review/www.caterallen.co.uk

Triodos Bank vs Cater Allen App Reviews

Triodos BankCater Allen
iPhone Review Score (out of 5)4.6No Rating
Number of iPhone Reviews1,700No Reviews
Android Review Score (out of 5)4.6No Rating
Number of Android Reviews851No Reviews
Sources:
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529
https://www.apple.com/uk/app-store/

Triodos Bank vs Cater Allen Account Fees & Charges

Triodos BankCater Allen
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£3Free
Most Expensive Monthly Account Fee£3£25
Electronic Payment Cost (in/out)No£2
Cash Payments Cost (in/out)Free / £1Free
Cheques (in/out)£1£6
CHAPS Payments Cost£20£25
SEPA Payments CostNo£2

Triodos Bank vs Cater Allen Business Savings Rates

Triodos BankCater Allen
Types of Business Savings AccountsNoneFixed Term, Notice Account
Lowest Savings Rate (AER)NA3.00%
Maximum Savings Rate (AER)NA4.70%
Minimum Savings AmountNANo
Interest Paid On Foreign CurrenciesYesYes
 

Triodos Bank vs Cater Allen Account Opening Times

Triodos BankCater Allen
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 to 2 Working days7 days
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesNo

Triodos Bank vs Cater Allen Features & Account Types

Triodos Bank Account Types
Triodos Bank Features & Account Types


Cater Allen Account Types
Cater Allen Features & Account Types


Triodos BankCater Allen
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardNoNo
Business OverdraftYesNo
Accounts For StartupsNoYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoNo
Branch LocationsBristol, London and EdinburghNone, online and phone only

Triodos Bank vs Cater Allen Customer Support Options

Triodos BankCater Allen
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportNoNo

Triodos Bank vs Cater Allen Foreign Currency Accounts

Triodos BankCater Allen
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • Australian Dollar (AUD)
  • Bulgarian Lev (BGN)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Chinese Renminbi Yuan (CNY)
  • Czech Koruna (CZK)
  • Danish Krone (DKK)
  • Euro (EUR)
  • Hong Kong Dollar (HKD)
  • Croatian Kuna (HRK)
  • Hungarian Forint (HUF)
  • Indian Rupee (INR)
  • New Israeli Sheqel (ILS)
  • Japanese Yen (JPY)
  • Mexican Peso (MXN)
  • Norwegian Krone (NOK)
  • New Zealand Dollar (NZD)
  • CHF (Swiss Franc)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • SGD (Singapore Dollar)
  • HKD (Hong Kong Dollar)

Other Business Services From Triodos Bank and Cater Allen

Triodos Bank Account Types
Other Triodos Bank Services


Cater Allen Account Types
Other Cater Allen Services


Triodos BankCater Allen
Business LoansYesNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Triodos Bank vs Cater Allen Banking Basics

Triodos BankCater Allen
Bank TypeChallengerHigh Street
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number817008178737
WebsiteTriodos Bank WebsiteCater Allen Website

Common Comparison Questions

Does Triodos Bank or Cater Allen have better customer reviews?

Triodos Bank scores 4.1 out of 5 based 514 Trustpilot reviews. Of these reviews 58% are 5-star and 22% are 1-star.

Whereas, Cater Allen scores 1.9 out of 5 based 136 Trustpilot reviews. Of which 7% are 5-star and 80% are 1-star.

Does Triodos Bank or Cater Allen have a better App?

Triodos Bank’s iPhone App is rated 4.6 out of 5 based on 1,700 reviews. And it’s Android App is rated 4.6 out of 5 based on 851 reviews.

In comparison, Cater Allen’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 Triodos Bank or Cater Allen have better business savings rates?

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

In contrast, Cater Allen offers Fixed Term, Notice Account accounts with interest rates ranging from 3.00% to 4.70% (AER).

See Other Comparisons:
Triodos Bank vs AIB (Allied Irish Bank)
Triodos Bank vs Unity Trust
Triodos Bank vs United Trust Bank
Triodos Bank vs HSBC Kinetic
Triodos Bank vs CardOneMoney


For other business bank accounts see our guide here.

 



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