Is Triodos Bank or MyPOS better for your small business?
Below we look at both Triodos Bank and MyPOS 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 vs MyPOS Trustpilot Reviews
| Triodos Bank | MyPOS | |
| Trustpilot Review Score (out of 5) | 4.1 | 4.2 |
| Percent 5-Star Reviews | 58% | 67% |
| Percent 1- Star Reviews | 22% | 11% |
| Total Number of Reviews | 514 | 10,019 |
https://www.trustpilot.com/review/triodos.co.uk
https://www.trustpilot.com/review/mypos.com
Triodos Bank vs MyPOS App Reviews
| Triodos Bank | MyPOS | |
| iPhone Review Score (out of 5) | 4.6 | 4.2 |
| Number of iPhone Reviews | 1,700 | 698 |
| Android Review Score (out of 5) | 4.6 | 3.3 |
| Number of Android Reviews | 851 | 14,900 |
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529
https://apps.apple.com/gb/app/mypos-accept-all-payments/id934401253
Triodos Bank vs MyPOS Account Fees & Charges
| Triodos Bank | MyPOS | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | No Limit |
| Cheapest Monthly Account Fee | £3 | No |
| Most Expensive Monthly Account Fee | £3 | No |
| Electronic Payment Cost (in/out) | No | £1.50 |
| Cash Payments Cost (in/out) | Free / £1 | £2 |
| Cheques (in/out) | £1 | Unknown |
| CHAPS Payments Cost | £20 | No |
| SEPA Payments Cost | No | £3 |
Triodos Bank vs MyPOS Business Savings Rates
| Triodos Bank | MyPOS | |
| Types of Business Savings Accounts | None | None |
| Lowest Savings Rate (AER) | NA | NA |
| Maximum Savings Rate (AER) | NA | NA |
| Minimum Savings Amount | NA | NA |
| Interest Paid On Foreign Currencies | Yes | No |
Triodos Bank vs MyPOS Account Opening Times
| Triodos Bank | MyPOS | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 1 to 2 Working days | Few minutes |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | No |
Triodos Bank vs MyPOS Features & Account Types
| Triodos Bank | MyPOS | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | No | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | No | Yes |
| Accounts For Charities | No | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | No |
| Card Type | Mastercard | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | No |
| Branch Locations | Bristol, London and Edinburgh | None, online only |
Triodos Bank vs MyPOS Customer Support Options
| Triodos Bank | MyPOS | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | No |
Triodos Bank vs MyPOS Foreign Currency Accounts
| Triodos Bank | MyPOS | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
| No |
Other Business Services From Triodos Bank and MyPOS
| Triodos Bank | MyPOS | |
| Business Loans | Yes | No |
| Commercial Mortgages | No | No |
| Invoice Financing | No | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | Yes |
Triodos Bank vs MyPOS Banking Basics
| Triodos Bank | MyPOS | |
| Bank Type | Challenger | Other |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 817008 | 900826 |
| Website | Triodos Bank Website | MyPOS Website |
Common Comparison Questions
Does Triodos Bank or MyPOS 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, MyPOS scores 4.2 out of 5 based 10,019 Trustpilot reviews. Of which 67% are 5-star and 11% are 1-star.
Does Triodos Bank or MyPOS 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, MyPOS’s iPhone App is rated 4.2 out of 5 based on 698 reviews. And it’s Android App is rated 3.3 out of 5 based on 14,900 reviews.
Does Triodos Bank or MyPOS 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, MyPOS offers None accounts with interest rates ranging from NA to NA (AER).
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For other business bank accounts see our guide here.