Is Triodos Bank or PayPal Debit better for your small business?
Below we look at both Triodos Bank and PayPal Debit 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 PayPal Debit Trustpilot Reviews
| Triodos Bank | PayPal Debit | |
| Trustpilot Review Score (out of 5) | 4.1 | 1.4 |
| Percent 5-Star Reviews | 58% | 20% |
| Percent 1- Star Reviews | 22% | 73% |
| Total Number of Reviews | 514 | 5,277 |
https://www.trustpilot.com/review/triodos.co.uk
https://www.trustpilot.com/review/www.paypal.co.uk
Triodos Bank vs PayPal Debit App Reviews
| Triodos Bank | PayPal Debit | |
| iPhone Review Score (out of 5) | 4.6 | 4.1 |
| Number of iPhone Reviews | 1,700 | 1,600 |
| Android Review Score (out of 5) | 4.6 | 3.3 |
| Number of Android Reviews | 851 | 91,500 |
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529
https://apps.apple.com/gb/app/paypal-business/id1053148887
Triodos Bank vs PayPal Debit Account Fees & Charges
| Triodos Bank | PayPal Debit | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | £3 | No |
| Most Expensive Monthly Account Fee | £3 | No |
| Electronic Payment Cost (in/out) | No | Free |
| Cash Payments Cost (in/out) | Free / £1 | Free |
| Cheques (in/out) | £1 | Free |
| CHAPS Payments Cost | £20 | No |
| SEPA Payments Cost | No | No |
Triodos Bank vs PayPal Debit Business Savings Rates
| Triodos Bank | PayPal Debit | |
| 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 | Yes |
Triodos Bank vs PayPal Debit Account Opening Times
| Triodos Bank | PayPal Debit | |
| 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 | Yes |
Triodos Bank vs PayPal Debit Features & Account Types
| Triodos Bank | PayPal Debit | |
| 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 | No |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | Mastercard |
| 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 PayPal Debit Customer Support Options
| Triodos Bank | PayPal Debit | |
| Phone Support Available | Yes | No |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | No |
Triodos Bank vs PayPal Debit Foreign Currency Accounts
| Triodos Bank | PayPal Debit | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
|
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Other Business Services From Triodos Bank and PayPal Debit
| Triodos Bank | PayPal Debit | |
| 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 PayPal Debit Banking Basics
| Triodos Bank | PayPal Debit | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 817008 | 742277 |
| Website | Triodos Bank Website | PayPal Debit Website |
Common Comparison Questions
Does Triodos Bank or PayPal Debit 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, PayPal Debit scores 1.4 out of 5 based 5,277 Trustpilot reviews. Of which 20% are 5-star and 73% are 1-star.
Does Triodos Bank or PayPal Debit 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, PayPal Debit’s iPhone App is rated 4.1 out of 5 based on 1,600 reviews. And it’s Android App is rated 3.3 out of 5 based on 91,500 reviews.
Does Triodos Bank or PayPal Debit 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, PayPal Debit 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.