Is TSB or Hampshire Trust Bank better for your small business?
Below we look at both TSB and Hampshire Trust Bank 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 Hampshire Trust Bank Trustpilot Reviews
| TSB | Hampshire Trust Bank | |
| Trustpilot Review Score (out of 5) | 4.2 | 4.5 |
| Percent 5-Star Reviews | 56% | 75% |
| Percent 1- Star Reviews | 27% | 7% |
| Total Number of Reviews | 21,942 | 1,591 |
https://www.trustpilot.com/review/tsb.co.uk
https://www.trustpilot.com/review/htb.co.uk
TSB vs Hampshire Trust Bank App Reviews
| TSB | Hampshire Trust Bank | |
| iPhone Review Score (out of 5) | 4.8 | No Rating |
| Number of iPhone Reviews | 457,400 | No Reviews |
| Android Review Score (out of 5) | 4.4 | No Rating |
| Number of Android Reviews | 197,000 | No Reviews |
https://apps.apple.com/gb/app/tsb-mobile-banking/id1160720878
https://www.apple.com/uk/app-store/
TSB vs Hampshire Trust Bank Account Fees & Charges
| TSB | Hampshire Trust Bank | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 30 Months | NA |
| Cheapest Monthly Account Fee | £5 | No |
| Most Expensive Monthly Account Fee | £40 | No |
| Electronic Payment Cost (in/out) | Free | 25p |
| Cash Payments Cost (in/out) | 70p per £100 | £1 |
| Cheques (in/out) | 70p | £1 |
| CHAPS Payments Cost | £30 | £25 |
| SEPA Payments Cost | £2 | 20p |
TSB vs Hampshire Trust Bank Business Savings Rates
| TSB | Hampshire Trust Bank | |
| Types of Business Savings Accounts | Instant Access, Fixed Bonds | Notice Account, Fixed |
| Lowest Savings Rate (AER) | 1.35% | 4.50% |
| Maximum Savings Rate (AER) | 4.30% | 5.15% |
| Minimum Savings Amount | £1 | £5,000 |
| Interest Paid On Foreign Currencies | Yes | No |
TSB vs Hampshire Trust Bank Account Opening Times
| TSB | Hampshire Trust Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 Working days | 1 day |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
TSB vs Hampshire Trust Bank Features & Account Types
| TSB | Hampshire Trust Bank | |
| Business Current Account | Yes | No |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | Yes |
| Business Overdraft | Yes | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | No | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | None |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | No |
| In Person/Branch Banking | Yes | No |
| Branch Locations | UK-wide | London & Leeds |
TSB vs Hampshire Trust Bank Customer Support Options
| TSB | Hampshire Trust Bank | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | No |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | No |
TSB vs Hampshire Trust Bank Foreign Currency Accounts
| TSB | Hampshire Trust Bank | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
| No |
Other Business Services From TSB and Hampshire Trust Bank
| TSB | Hampshire Trust Bank | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | No | No |
TSB vs Hampshire Trust Bank Banking Basics
| TSB | Hampshire Trust Bank | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 191240 | 204601 |
| Website | TSB Website | Hampshire Trust Bank Website |
Common Comparison Questions
Does TSB or Hampshire Trust Bank 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, Hampshire Trust Bank scores 4.5 out of 5 based 1,591 Trustpilot reviews. Of which 75% are 5-star and 7% are 1-star.
Does TSB or Hampshire Trust Bank 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, Hampshire Trust Bank’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 Hampshire Trust Bank 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, Hampshire Trust Bank offers Notice Account, Fixed accounts with interest rates ranging from 4.50% to 5.15% (AER).
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For other business bank accounts see our guide here.