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Triodos Bank VS ICICI Bank UK: Business Banking Review & Fee Comparison


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

Is Triodos Bank or ICICI Bank UK better for your small business?



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Below we look at both Triodos Bank and ICICI Bank UK 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


ICICI Bank UK Homepage
ICICI Bank UK Homepage
 

Triodos Bank vs ICICI Bank UK Trustpilot Reviews

Triodos BankICICI Bank UK
Trustpilot Review Score (out of 5)4.12.7
Percent 5-Star Reviews58%18%
Percent 1- Star Reviews22%74%
Total Number of Reviews51423
Sources:
https://www.trustpilot.com/review/triodos.co.uk
https://www.trustpilot.com/review/www.icicibank.co.uk

Triodos Bank vs ICICI Bank UK App Reviews

Triodos BankICICI Bank UK
iPhone Review Score (out of 5)4.62.7
Number of iPhone Reviews1,700237
Android Review Score (out of 5)4.64
Number of Android Reviews851684
Sources:
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529
https://apps.apple.com/gb/app/icici-bank-uk-imobile/id1223898732

Triodos Bank vs ICICI Bank UK Account Fees & Charges

Triodos BankICICI Bank UK
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£3£5
Most Expensive Monthly Account Fee£3£15
Electronic Payment Cost (in/out)No25p
Cash Payments Cost (in/out)Free / £1£5 per £1,000 / free
Cheques (in/out)£1£1
CHAPS Payments Cost£20£20
SEPA Payments CostNoNo

Triodos Bank vs ICICI Bank UK Business Savings Rates

Triodos BankICICI Bank UK
Types of Business Savings AccountsNoneBusiness Savings Account, Business Fixed Deposit
Lowest Savings Rate (AER)NA2.85%
Maximum Savings Rate (AER)NA4.50%
Minimum Savings AmountNA£1
Interest Paid On Foreign CurrenciesYesYes
 

Triodos Bank vs ICICI Bank UK Account Opening Times

Triodos BankICICI Bank UK
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
1 to 2 Working days2 Working days
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesYes

Triodos Bank vs ICICI Bank UK Features & Account Types

Triodos Bank Account Types
Triodos Bank Features & Account Types


ICICI Bank UK Account Types
ICICI Bank UK Features & Account Types


Triodos BankICICI Bank UK
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardNoYes
Business OverdraftYesYes
Accounts For StartupsNoYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingNoYes
Branch LocationsBristol, London and EdinburghLondon, Birmingham and Manchester

Triodos Bank vs ICICI Bank UK Customer Support Options

Triodos BankICICI Bank UK
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportNoYes

Triodos Bank vs ICICI Bank UK Foreign Currency Accounts

Triodos BankICICI Bank UK
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)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • SGD (Singapore Dollar)
  • HKD (Hong Kong Dollar)
  • CHF (Swiss Franc)
  • JPY (Japanese Yen)
  • CNY (Chinese Yuan)
  • INR (Indian Rupee)
  • KRW (South Korean Won)
  • THB (Thai Baht)

Other Business Services From Triodos Bank and ICICI Bank UK

Triodos Bank Account Types
Other Triodos Bank Services


ICICI Bank UK Account Types
Other ICICI Bank UK Services


Triodos BankICICI Bank UK
Business LoansYesYes
Commercial MortgagesNoYes
Invoice FinancingNoYes
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Triodos Bank vs ICICI Bank UK Banking Basics

Triodos BankICICI Bank UK
Bank TypeChallengerForeign Bank
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number817008223268
WebsiteTriodos Bank WebsiteICICI Bank UK Website

Common Comparison Questions

Does Triodos Bank or ICICI Bank UK 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, ICICI Bank UK scores 2.7 out of 5 based 23 Trustpilot reviews. Of which 18% are 5-star and 74% are 1-star.

Does Triodos Bank or ICICI Bank UK 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, ICICI Bank UK’s iPhone App is rated 2.7 out of 5 based on 237 reviews. And it’s Android App is rated 4 out of 5 based on 684 reviews.

Does Triodos Bank or ICICI Bank UK 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, ICICI Bank UK offers Business Savings Account, Business Fixed Deposit accounts with interest rates ranging from 2.85% to 4.50% (AER).

See Other Comparisons:
Triodos Bank vs Intergiro
Triodos Bank vs GoSolo
Triodos Bank vs 3S Money
Triodos Bank vs MultiPass
Triodos Bank vs Reliance Bank


For other business bank accounts see our guide here.

 



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We do not provide merchant services nor can we recommend which solution is right for you and your business.
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