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TSB VS Revolut Business: Business Banking Review & Fee Comparison


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

Is TSB or Revolut Business better for your small business?



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Below we look at both TSB and Revolut Business 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


Revolut Business Homepage
Revolut Business Homepage
 

TSB vs Revolut Business Trustpilot Reviews

TSBRevolut Business
Trustpilot Review Score (out of 5)4.24.2
Percent 5-Star Reviews56%75%
Percent 1- Star Reviews27%10%
Total Number of Reviews21,942148,162
Sources:
https://www.trustpilot.com/review/tsb.co.uk
https://www.trustpilot.com/review/www.revolut.com

TSB vs Revolut Business App Reviews

TSBRevolut Business
iPhone Review Score (out of 5)4.84.9
Number of iPhone Reviews457,40026,200
Android Review Score (out of 5)4.44.6
Number of Android Reviews197,00020,300
Sources:
https://apps.apple.com/gb/app/tsb-mobile-banking/id1160720878
https://apps.apple.com/gb/app/revolut-business/id1436969262

TSB vs Revolut Business Account Fees & Charges

TSBRevolut Business
Free Business Bank AccountYesYes
Free Business Account Term Length30 MonthsNo Limit
Cheapest Monthly Account Fee£5£19
Most Expensive Monthly Account Fee£40£79
Electronic Payment Cost (in/out)Free1% + 20p
Cash Payments Cost (in/out)70p per £100€1
Cheques (in/out)70p£8
CHAPS Payments Cost£30£25
SEPA Payments Cost£220p

TSB vs Revolut Business Business Savings Rates

TSBRevolut Business
Types of Business Savings AccountsInstant Access, Fixed BondsGrow, Scale, Enterprise
Lowest Savings Rate (AER)1.35%2%
Maximum Savings Rate (AER)4.30%3%
Minimum Savings Amount£1No
Interest Paid On Foreign CurrenciesYesYes
 

TSB vs Revolut Business Account Opening Times

TSBRevolut Business
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
10 Working days10 minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesYes

TSB vs Revolut Business Features & Account Types

TSB Account Types
TSB Features & Account Types


Revolut Business Account Types
Revolut Business Features & Account Types


TSBRevolut Business
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 TypeMastercardVisa
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsUK-wideNone, online only

TSB vs Revolut Business Customer Support Options

TSBRevolut Business
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

TSB vs Revolut Business Foreign Currency Accounts

TSBRevolut Business
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
  • AED (United Arab Emirates Dirham)
  • AUD (Australian Dollar)
  • BGN (Bulgarian Lev)
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • CNY (Chinese Yuan)
  • DKK (Danish Krone)
  • GBP (British Pound Sterling)
  • HKD (Hong Kong Dollar)
  • HUF (Hungarian Forint)
  • ILS (Israeli New Shekel)
  • JPY (Japanese Yen)
  • MXN (Mexican Peso)
  • NOK (Norwegian Krone)
  • NZD (New Zealand Dollar)
  • PLN (Polish Zloty)
  • RON (Romanian Leu)
  • RUB (Russian Ruble)
  • SAR (Saudi Arabian Riyal)
  • SEK (Swedish Krona)
  • SGD (Singapore Dollar)
  • THB (Thai Baht)
  • TRY (Turkish Lira)

Other Business Services From TSB and Revolut Business

TSB Account Types
Other TSB Services


Revolut Business Account Types
Other Revolut Business Services


TSBRevolut Business
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesYesYes
Card MachinesYesYes
Free Accounting SoftwareNoNo

TSB vs Revolut Business Banking Basics

TSBRevolut Business
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number191240900562
WebsiteTSB WebsiteRevolut Business Website

Common Comparison Questions

Does TSB or Revolut Business 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, Revolut Business scores 4.2 out of 5 based 148,162 Trustpilot reviews. Of which 75% are 5-star and 10% are 1-star.

Does TSB or Revolut Business 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, Revolut Business’s iPhone App is rated 4.9 out of 5 based on 26,200 reviews. And it’s Android App is rated 4.6 out of 5 based on 20,300 reviews.

Does TSB or Revolut Business 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, Revolut Business offers Grow, Scale, Enterprise accounts with interest rates ranging from 2% to 3% (AER).

See Other Comparisons:
TSB vs Danske Bank UK
TSB vs Ulster Bank
TSB vs Kent Reliance
TSB vs Cynergy Bank
TSB vs Zempler Bank (formerly Cashplus)


For other business bank accounts see our guide here.

 



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