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TSB VS Countingup: Business Banking Review & Fee Comparison


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

Is TSB or Countingup better for your small business?



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Below we look at both TSB and Countingup 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


Countingup Homepage
Countingup Homepage
 

TSB vs Countingup Trustpilot Reviews

TSBCountingup
Trustpilot Review Score (out of 5)4.24.4
Percent 5-Star Reviews56%81%
Percent 1- Star Reviews27%9%
Total Number of Reviews21,9422,382
Sources:
https://www.trustpilot.com/review/tsb.co.uk
https://www.trustpilot.com/review/countingup.com

TSB vs Countingup App Reviews

TSBCountingup
iPhone Review Score (out of 5)4.84.7
Number of iPhone Reviews457,4002,800
Android Review Score (out of 5)4.44.5
Number of Android Reviews197,0001,300
Sources:
https://apps.apple.com/gb/app/tsb-mobile-banking/id1160720878
https://apps.apple.com/gb/app/countingup-business-account/id1286828618

TSB vs Countingup Account Fees & Charges

TSBCountingup
Free Business Bank AccountYesNo
Free Business Account Term Length30 MonthsNA
Cheapest Monthly Account Fee£5£3
Most Expensive Monthly Account Fee£40£18
Electronic Payment Cost (in/out)Free30p
Cash Payments Cost (in/out)70p per £100£1
Cheques (in/out)70pFree
CHAPS Payments Cost£30No
SEPA Payments Cost£2No

TSB vs Countingup Business Savings Rates

TSBCountingup
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 Countingup Account Opening Times

TSBCountingup
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
10 Working days5 minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesYes

TSB vs Countingup Features & Account Types

TSB Account Types
TSB Features & Account Types


Countingup Account Types
Countingup Features & Account Types


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

TSB vs Countingup Customer Support Options

TSBCountingup
Phone Support AvailableYesNo
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

TSB vs Countingup Foreign Currency Accounts

TSBCountingup
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
  • GBP (British Pound)
  • EUR (Euro)
  • USD (US Dollar)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • CHF (Swiss Franc)
  • SEK (Swedish Krona)
  • DKK (Danish Krone)
  • NOK (Norwegian Krone)

Other Business Services From TSB and Countingup

TSB Account Types
Other TSB Services


Countingup Account Types
Other Countingup Services


TSBCountingup
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesYesNo
Card MachinesYesNo
Free Accounting SoftwareNoYes

TSB vs Countingup Banking Basics

TSBCountingup
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number191240900010
WebsiteTSB WebsiteCountingup Website

Common Comparison Questions

Does TSB or Countingup 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, Countingup scores 4.4 out of 5 based 2,382 Trustpilot reviews. Of which 81% are 5-star and 9% are 1-star.

Does TSB or Countingup 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, Countingup’s iPhone App is rated 4.7 out of 5 based on 2,800 reviews. And it’s Android App is rated 4.5 out of 5 based on 1,300 reviews.

Does TSB or Countingup 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, Countingup offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
TSB vs State Bank of India (UK)
TSB vs Charity Bank
TSB vs Cumberland Building Society
TSB vs Redwood Bank
TSB vs Amaiz


For other business bank accounts see our guide here.

 



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