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TSB VS Amaiz: Business Banking Review & Fee Comparison


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

Is TSB or Amaiz better for your small business?



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Below we look at both TSB and Amaiz 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.

TSB Homepage
TSB Homepage


Amaiz Homepage
Amaiz Homepage
 

TSB vs Amaiz Trustpilot Reviews

TSBAmaiz
Trustpilot Review Score (out of 5)4.24.1
Percent 5-Star Reviews56%68%
Percent 1- Star Reviews27%20%
Total Number of Reviews21,942168
Sources:
https://www.trustpilot.com/review/tsb.co.uk
https://www.trustpilot.com/review/amaiz.com

TSB vs Amaiz App Reviews

TSBAmaiz
iPhone Review Score (out of 5)4.8No Rating
Number of iPhone Reviews457,400No Reviews
Android Review Score (out of 5)4.4No Rating
Number of Android Reviews197,000No Reviews
Sources:
https://apps.apple.com/gb/app/tsb-mobile-banking/id1160720878
https://www.apple.com/uk/app-store/

TSB vs Amaiz Account Fees & Charges

TSBAmaiz
Free Business Bank AccountYesNo
Free Business Account Term Length30 MonthsNA
Cheapest Monthly Account Fee£5£49
Most Expensive Monthly Account Fee£40£99
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)70p per £100Free
Cheques (in/out)70pFree
CHAPS Payments Cost£30£15
SEPA Payments Cost£2£3

TSB vs Amaiz Business Savings Rates

TSBAmaiz
Types of Business Savings AccountsInstant Access, Fixed BondsNone
Lowest Savings Rate (AER)1.35%NA
Maximum Savings Rate (AER)4.30%NA
Minimum Savings Amount£1NA
Interest Paid On Foreign CurrenciesYesYes
 

TSB vs Amaiz Account Opening Times

TSBAmaiz
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
10 Working daysFew minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesYes

TSB vs Amaiz Features & Account Types

TSB Account Types
TSB Features & Account Types


Amaiz Account Types
Amaiz Features & Account Types


TSBAmaiz
Business Current AccountYesYes
Business Savings AccountYesNo
Business Credit CardYesNo
Business OverdraftYesNo
Accounts For StartupsYesYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesNo
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsUK-wideNone, online only

TSB vs Amaiz Customer Support Options

TSBAmaiz
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportYesNo

TSB vs Amaiz Foreign Currency Accounts

TSBAmaiz
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • Euros
  • US Dollars
  • Canadian Dollars
  • Australian Dollars
  • New Zealand Dollars
  • Swiss Francs
  • Japanese Yen
  • Chinese Yuan
  • Singapore Dollars
  • Hong Kong Dollars
  • Danish Kroner
  • Norwegian Kroner
  • Swedish Kroner
  • Czech Koruna
  • Hungarian Forint
  • Polish Zloty
  • Romanian Leu
  • Bulgarian Lev
  • Croatian Kuna
  • Turkish Lira
  • Israeli Shekel
  • South African Rand
  • Mexican Peso
  • Argentinian Peso
  • Brazilian Real
  • EUR (Euro)
  • USD (US Dollar)
  • AUD (Australian Dollar)
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • JPY (Japanese Yen)
  • NZD (New Zealand Dollar)
  • PLN (Polish Zloty)
  • RON (Romanian Leu)
  • SEK (Swedish Krona)
  • TRY (Turkish Lira)

Other Business Services From TSB and Amaiz

TSB Account Types
Other TSB Services


Amaiz Account Types
Other Amaiz Services


TSBAmaiz
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesYesYes
Card MachinesYesNo
Free Accounting SoftwareNoYes

TSB vs Amaiz Banking Basics

TSBAmaiz
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number191240900857
WebsiteTSB WebsiteAmaiz Website

Common Comparison Questions

Does TSB or Amaiz have better customer reviews?

TSB scores 4.2 out of 5 based 21,942 Trustpilot reviews. Of these reviews 56% are 5-star and 27% are 1-star.

Whereas, Amaiz scores 4.1 out of 5 based 168 Trustpilot reviews. Of which 68% are 5-star and 20% are 1-star.

Does TSB or Amaiz have a better App?

TSB’s iPhone App is rated 4.8 out of 5 based on 457,400 reviews. And it’s Android App is rated 4.4 out of 5 based on 197,000 reviews.

In comparison, Amaiz’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 TSB or Amaiz have better business savings rates?

TSB offers the following types of business savings accounts: Instant Access, Fixed Bonds with interest rates ranging from 1.35% to 4.30%. (AER)

In contrast, Amaiz offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
TSB vs ICICI Bank UK
TSB vs Intergiro
TSB vs GoSolo
TSB vs 3S Money
TSB vs MultiPass


For other business bank accounts see our guide here.

 



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