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TSB VS Triodos Bank: Business Banking Review & Fee Comparison


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

Is TSB or Triodos Bank better for your small business?



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Below we look at both TSB and Triodos 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 Homepage
TSB Homepage


Triodos Bank Homepage
Triodos Bank Homepage
 

TSB vs Triodos Bank Trustpilot Reviews

TSBTriodos Bank
Trustpilot Review Score (out of 5)4.24.1
Percent 5-Star Reviews56%58%
Percent 1- Star Reviews27%22%
Total Number of Reviews21,942514
Sources:
https://www.trustpilot.com/review/tsb.co.uk
https://www.trustpilot.com/review/triodos.co.uk

TSB vs Triodos Bank App Reviews

TSBTriodos Bank
iPhone Review Score (out of 5)4.84.6
Number of iPhone Reviews457,4001,700
Android Review Score (out of 5)4.44.6
Number of Android Reviews197,000851
Sources:
https://apps.apple.com/gb/app/tsb-mobile-banking/id1160720878
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529

TSB vs Triodos Bank Account Fees & Charges

TSBTriodos Bank
Free Business Bank AccountYesNo
Free Business Account Term Length30 MonthsNA
Cheapest Monthly Account Fee£5£3
Most Expensive Monthly Account Fee£40£3
Electronic Payment Cost (in/out)FreeNo
Cash Payments Cost (in/out)70p per £100Free / £1
Cheques (in/out)70p£1
CHAPS Payments Cost£30£20
SEPA Payments Cost£2No

TSB vs Triodos Bank Business Savings Rates

TSBTriodos Bank
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 Triodos Bank Account Opening Times

TSBTriodos Bank
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
10 Working days1 to 2 Working days
Do They Check Your Credit?YesYes
Current Account Switch ServiceYesYes

TSB vs Triodos Bank Features & Account Types

TSB Account Types
TSB Features & Account Types


Triodos Bank Account Types
Triodos Bank Features & Account Types


TSBTriodos Bank
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftYesYes
Accounts For StartupsYesNo
Accounts For CharitiesNoNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsUK-wideBristol, London and Edinburgh

TSB vs Triodos Bank Customer Support Options

TSBTriodos Bank
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

TSB vs Triodos Bank Foreign Currency Accounts

TSBTriodos Bank
US Dollar (USD) Bank AccountsYesNo
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
  • Australian Dollar (AUD)
  • Bulgarian Lev (BGN)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Chinese Renminbi Yuan (CNY)
  • Czech Koruna (CZK)
  • Danish Krone (DKK)
  • Euro (EUR)
  • Hong Kong Dollar (HKD)
  • Croatian Kuna (HRK)
  • Hungarian Forint (HUF)
  • Indian Rupee (INR)
  • New Israeli Sheqel (ILS)
  • Japanese Yen (JPY)
  • Mexican Peso (MXN)
  • Norwegian Krone (NOK)
  • New Zealand Dollar (NZD)

Other Business Services From TSB and Triodos Bank

TSB Account Types
Other TSB Services


Triodos Bank Account Types
Other Triodos Bank Services


TSBTriodos Bank
Business LoansYesYes
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesYesNo
Card MachinesYesNo
Free Accounting SoftwareNoNo

TSB vs Triodos Bank Banking Basics

TSBTriodos Bank
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number191240817008
WebsiteTSB WebsiteTriodos Bank Website

Common Comparison Questions

Does TSB or Triodos 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, Triodos Bank scores 4.1 out of 5 based 514 Trustpilot reviews. Of which 58% are 5-star and 22% are 1-star.

Does TSB or Triodos 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, Triodos Bank’s iPhone App is rated 4.6 out of 5 based on 1,700 reviews. And it’s Android App is rated 4.6 out of 5 based on 851 reviews.

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

See Other Comparisons:
TSB vs Soldo
TSB vs Cambridge Building Society
TSB vs PayPal Debit
TSB vs Allica Bank
TSB vs Cater Allen


For other business bank accounts see our guide here.

 



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We do not provide merchant services nor can we recommend which solution is right for you and your business.
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