Is Ulster Bank or Cambridge Building Society better for your small business?
Below we look at both Ulster Bank and Cambridge Building Society 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.
Ulster Bank vs Cambridge Building Society Trustpilot Reviews
| Ulster Bank | Cambridge Building Society | |
| Trustpilot Review Score (out of 5) | 1.5 | 3.1 |
| Percent 5-Star Reviews | 8% | 53% |
| Percent 1- Star Reviews | 86% | 47% |
| Total Number of Reviews | 114 | 15 |
https://www.trustpilot.com/review/www.ulsterbank.co.uk
https://www.trustpilot.com/review/www.cambridgebs.co.uk
Ulster Bank vs Cambridge Building Society App Reviews
| Ulster Bank | Cambridge Building Society | |
| iPhone Review Score (out of 5) | 4.8 | 4 |
| Number of iPhone Reviews | 15,700 | 35 |
| Android Review Score (out of 5) | 4.1 | 2.6 |
| Number of Android Reviews | 15,000 | 29 |
https://apps.apple.com/gb/app/ulster-bank-ni-mobile-banking/id469523324
https://apps.apple.com/gb/app/cambridge-building-society/id1228676229
Ulster Bank vs Cambridge Building Society Account Fees & Charges
| Ulster Bank | Cambridge Building Society | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 24 Months | NA |
| Cheapest Monthly Account Fee | £8 | £10 |
| Most Expensive Monthly Account Fee | £12 | £20 |
| Electronic Payment Cost (in/out) | 43p | Free |
| Cash Payments Cost (in/out) | 70p per £100 | £1.50 |
| Cheques (in/out) | 40p | Free |
| CHAPS Payments Cost | £18.75 | No |
| SEPA Payments Cost | €0.51 | No |
Ulster Bank vs Cambridge Building Society Business Savings Rates
| Ulster Bank | Cambridge Building Society | |
| Types of Business Savings Accounts | Instant access accounts, Fixed term accounts, Currency savings accounts | Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond |
| Lowest Savings Rate (AER) | 1.46% | 2.90% |
| Maximum Savings Rate (AER) | 1.92% | 4.25% |
| Minimum Savings Amount | No | £1,000 |
| Interest Paid On Foreign Currencies | Yes | No |
Ulster Bank vs Cambridge Building Society Account Opening Times
| Ulster Bank | Cambridge Building Society | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 24 working hours | Undisclosed |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
Ulster Bank vs Cambridge Building Society Features & Account Types
| Ulster Bank | Cambridge Building Society | |
| Business Current Account | Yes | No |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Mastercard | None |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | Northern Ireland Only | Locations around Cambridge |
Ulster Bank vs Cambridge Building Society Customer Support Options
| Ulster Bank | Cambridge Building Society | |
| 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 | Yes |
Ulster Bank vs Cambridge Building Society Foreign Currency Accounts
| Ulster Bank | Cambridge Building Society | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: |
| No |
Other Business Services From Ulster Bank and Cambridge Building Society
| Ulster Bank | Cambridge Building Society | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | No | Yes |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
Ulster Bank vs Cambridge Building Society Banking Basics
| Ulster Bank | Cambridge Building Society | |
| Bank Type | High Street | Building Society |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | NA | 157223 |
| Website | Ulster Bank Website | Cambridge Building Society Website |
Common Comparison Questions
Does Ulster Bank or Cambridge Building Society have better customer reviews?
Ulster Bank scores 1.5 out of 5 based 114 Trustpilot reviews. Of these reviews 8% are 5-star and 86% are 1-star.
Whereas, Cambridge Building Society scores 3.1 out of 5 based 15 Trustpilot reviews. Of which 53% are 5-star and 47% are 1-star.
Does Ulster Bank or Cambridge Building Society have a better App?
Ulster Bank’s iPhone App is rated 4.8 out of 5 based on 15,700 reviews. And it’s Android App is rated 4.1 out of 5 based on 15,000 reviews.
In comparison, Cambridge Building Society’s iPhone App is rated 4 out of 5 based on 35 reviews. And it’s Android App is rated 2.6 out of 5 based on 29 reviews.
Does Ulster Bank or Cambridge Building Society have better business savings rates?
Ulster Bank offers the following types of business savings accounts: Instant access accounts, Fixed term accounts, Currency savings accounts with interest rates ranging from 1.46% to 1.92%. (AER)
In contrast, Cambridge Building Society offers Business Saver, Council Saver, Notice Business Saver, Fixed Rate Business Bond accounts with interest rates ranging from 2.90% to 4.25% (AER).
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For other business bank accounts see our guide here.