Is Ulster Bank or Zempler Bank (formerly Cashplus) better for your small business?
Below we look at both Ulster Bank and Zempler Bank (formerly Cashplus) 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 Zempler Bank (formerly Cashplus) Trustpilot Reviews
| Ulster Bank | Zempler Bank (formerly Cashplus) | |
| Trustpilot Review Score (out of 5) | 1.5 | 3.7 |
| Percent 5-Star Reviews | 8% | 54% |
| Percent 1- Star Reviews | 86% | 30% |
| Total Number of Reviews | 114 | 9,921 |
https://www.trustpilot.com/review/www.ulsterbank.co.uk
https://www.trustpilot.com/review/www.cashplus.com
Ulster Bank vs Zempler Bank (formerly Cashplus) App Reviews
| Ulster Bank | Zempler Bank (formerly Cashplus) | |
| iPhone Review Score (out of 5) | 4.8 | 4.7 |
| Number of iPhone Reviews | 15,700 | 48,000 |
| Android Review Score (out of 5) | 4.1 | 4.5 |
| Number of Android Reviews | 15,000 | 23,400 |
https://apps.apple.com/gb/app/ulster-bank-ni-mobile-banking/id469523324
https://apps.apple.com/gb/app/cashplus-bank/id709473017
Ulster Bank vs Zempler Bank (formerly Cashplus) Account Fees & Charges
| Ulster Bank | Zempler Bank (formerly Cashplus) | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | 24 Months | No Limit |
| Cheapest Monthly Account Fee | £8 | No |
| Most Expensive Monthly Account Fee | £12 | £9 |
| Electronic Payment Cost (in/out) | 43p | Free / 30p |
| Cash Payments Cost (in/out) | 70p per £100 | 0.5% / £2 |
| Cheques (in/out) | 40p | Unknown |
| CHAPS Payments Cost | £18.75 | £20 |
| SEPA Payments Cost | €0.51 | £15 |
Ulster Bank vs Zempler Bank (formerly Cashplus) Business Savings Rates
| Ulster Bank | Zempler Bank (formerly Cashplus) | |
| Types of Business Savings Accounts | Instant access accounts, Fixed term accounts, Currency savings accounts | None |
| Lowest Savings Rate (AER) | 1.46% | NA |
| Maximum Savings Rate (AER) | 1.92% | NA |
| Minimum Savings Amount | No | NA |
| Interest Paid On Foreign Currencies | Yes | No |
Ulster Bank vs Zempler Bank (formerly Cashplus) Account Opening Times
| Ulster Bank | Zempler Bank (formerly Cashplus) | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 24 working hours | 1 day |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | No |
Ulster Bank vs Zempler Bank (formerly Cashplus) Features & Account Types
| Ulster Bank | Zempler Bank (formerly Cashplus) | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | Yes | Yes |
| Business Overdraft | Yes | Yes |
| 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 | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Northern Ireland Only | None, online only |
Ulster Bank vs Zempler Bank (formerly Cashplus) Customer Support Options
| Ulster Bank | Zempler Bank (formerly Cashplus) | |
| 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 |
Ulster Bank vs Zempler Bank (formerly Cashplus) Foreign Currency Accounts
| Ulster Bank | Zempler Bank (formerly Cashplus) | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
| No |
Other Business Services From Ulster Bank and Zempler Bank (formerly Cashplus)
| Ulster Bank | Zempler Bank (formerly Cashplus) | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | No | No |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
Ulster Bank vs Zempler Bank (formerly Cashplus) Banking Basics
| Ulster Bank | Zempler Bank (formerly Cashplus) | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | NA | 671140 |
| Website | Ulster Bank Website | Zempler Bank (formerly Cashplus) Website |
Common Comparison Questions
Does Ulster Bank or Zempler Bank (formerly Cashplus) 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, Zempler Bank (formerly Cashplus) scores 3.7 out of 5 based 9,921 Trustpilot reviews. Of which 54% are 5-star and 30% are 1-star.
Does Ulster Bank or Zempler Bank (formerly Cashplus) 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, Zempler Bank (formerly Cashplus)’s iPhone App is rated 4.7 out of 5 based on 48,000 reviews. And it’s Android App is rated 4.5 out of 5 based on 23,400 reviews.
Does Ulster Bank or Zempler Bank (formerly Cashplus) 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, Zempler Bank (formerly Cashplus) offers None accounts with interest rates ranging from NA to NA (AER).
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For other business bank accounts see our guide here.