Is TSB or GoSolo better for your small business?
Below we look at both TSB and GoSolo 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 vs GoSolo Trustpilot Reviews
| TSB | GoSolo | |
| Trustpilot Review Score (out of 5) | 4.2 | 2.6 |
| Percent 5-Star Reviews | 56% | 39% |
| Percent 1- Star Reviews | 27% | 47% |
| Total Number of Reviews | 21,942 | 74 |
https://www.trustpilot.com/review/tsb.co.uk
https://www.trustpilot.com/review/gosolo.net
TSB vs GoSolo App Reviews
| TSB | GoSolo | |
| iPhone Review Score (out of 5) | 4.8 | 4.6 |
| Number of iPhone Reviews | 457,400 | 91 |
| Android Review Score (out of 5) | 4.4 | 3.6 |
| Number of Android Reviews | 197,000 | 61 |
https://apps.apple.com/gb/app/tsb-mobile-banking/id1160720878
https://apps.apple.com/gb/app/gosolo-smart-business-account/id1569028757
TSB vs GoSolo Account Fees & Charges
| TSB | GoSolo | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | 30 Months | 12 Months |
| Cheapest Monthly Account Fee | £5 | Free |
| Most Expensive Monthly Account Fee | £40 | Free |
| Electronic Payment Cost (in/out) | Free | 2% + 20p |
| Cash Payments Cost (in/out) | 70p per £100 | £1.50 |
| Cheques (in/out) | 70p | £2.69 |
| CHAPS Payments Cost | £30 | £15 |
| SEPA Payments Cost | £2 | 30p |
TSB vs GoSolo Business Savings Rates
| TSB | GoSolo | |
| Types of Business Savings Accounts | Instant Access, Fixed Bonds | None |
| Lowest Savings Rate (AER) | 1.35% | NA |
| Maximum Savings Rate (AER) | 4.30% | NA |
| Minimum Savings Amount | £1 | NA |
| Interest Paid On Foreign Currencies | Yes | No |
TSB vs GoSolo Account Opening Times
| TSB | GoSolo | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 Working days | Few minutes |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
TSB vs GoSolo Features & Account Types
| TSB | GoSolo | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | No | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | UK-wide | None, online only |
TSB vs GoSolo Customer Support Options
| TSB | GoSolo | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
TSB vs GoSolo Foreign Currency Accounts
| TSB | GoSolo | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: |
| No |
Other Business Services From TSB and GoSolo
| TSB | GoSolo | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | No | Yes |
TSB vs GoSolo Banking Basics
| TSB | GoSolo | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 191240 | 902961 |
| Website | TSB Website | GoSolo Website |
Common Comparison Questions
Does TSB or GoSolo 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, GoSolo scores 2.6 out of 5 based 74 Trustpilot reviews. Of which 39% are 5-star and 47% are 1-star.
Does TSB or GoSolo 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, GoSolo’s iPhone App is rated 4.6 out of 5 based on 91 reviews. And it’s Android App is rated 3.6 out of 5 based on 61 reviews.
Does TSB or GoSolo 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, GoSolo offers None accounts with interest rates ranging from NA to NA (AER).
See Other Comparisons:TSB vs 3S Money
TSB vs MultiPass
TSB vs Reliance Bank
TSB vs SumUp Business Account
TSB vs Cambridge & Counties Bank
For other business bank accounts see our guide here.