Is Ulster Bank or Charity Bank better for your small business?
Below we look at both Ulster Bank and Charity 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.
Ulster Bank vs Charity Bank Trustpilot Reviews
| Ulster Bank | Charity Bank | |
| Trustpilot Review Score (out of 5) | 1.5 | 3.3 |
| Percent 5-Star Reviews | 8% | 33% |
| Percent 1- Star Reviews | 86% | 34% |
| Total Number of Reviews | 114 | 3 |
https://www.trustpilot.com/review/www.ulsterbank.co.uk
https://www.trustpilot.com/review/charitybank.org
Ulster Bank vs Charity Bank App Reviews
| Ulster Bank | Charity Bank | |
| iPhone Review Score (out of 5) | 4.8 | No Rating |
| Number of iPhone Reviews | 15,700 | No Reviews |
| Android Review Score (out of 5) | 4.1 | No Rating |
| Number of Android Reviews | 15,000 | No Reviews |
https://apps.apple.com/gb/app/ulster-bank-ni-mobile-banking/id469523324
https://www.apple.com/uk/app-store/
Ulster Bank vs Charity Bank Account Fees & Charges
| Ulster Bank | Charity Bank | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 24 Months | NA |
| Cheapest Monthly Account Fee | £8 | Free |
| Most Expensive Monthly Account Fee | £12 | Free |
| Electronic Payment Cost (in/out) | 43p | No |
| Cash Payments Cost (in/out) | 70p per £100 | Free |
| Cheques (in/out) | 40p | Free |
| CHAPS Payments Cost | £18.75 | £10 |
| SEPA Payments Cost | €0.51 | 20p |
Ulster Bank vs Charity Bank Business Savings Rates
| Ulster Bank | Charity Bank | |
| Types of Business Savings Accounts | Instant access accounts, Fixed term accounts, Currency savings accounts | CITR accounts, Easy Access, Notice Accounts, Fixed Account |
| Lowest Savings Rate (AER) | 1.46% | 2.02% |
| Maximum Savings Rate (AER) | 1.92% | 4.51% |
| Minimum Savings Amount | No | £1,000 |
| Interest Paid On Foreign Currencies | Yes | No |
Ulster Bank vs Charity Bank Account Opening Times
| Ulster Bank | Charity Bank | |
| 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 | Yes |
Ulster Bank vs Charity Bank Features & Account Types
| Ulster Bank | Charity Bank | |
| Business Current Account | Yes | Yes |
| 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 | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | No |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Northern Ireland Only | Tonbridge |
Ulster Bank vs Charity Bank Customer Support Options
| Ulster Bank | Charity 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 |
Ulster Bank vs Charity Bank Foreign Currency Accounts
| Ulster Bank | Charity Bank | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: |
| No |
Other Business Services From Ulster Bank and Charity Bank
| Ulster Bank | Charity Bank | |
| 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 Charity Bank Banking Basics
| Ulster Bank | Charity Bank | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | NA | 207701 |
| Website | Ulster Bank Website | Charity Bank Website |
Common Comparison Questions
Does Ulster Bank or Charity Bank 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, Charity Bank scores 3.3 out of 5 based 3 Trustpilot reviews. Of which 33% are 5-star and 34% are 1-star.
Does Ulster Bank or Charity Bank 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, Charity 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 Ulster Bank or Charity Bank 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, Charity Bank offers CITR accounts, Easy Access, Notice Accounts, Fixed Account accounts with interest rates ranging from 2.02% to 4.51% (AER).
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For other business bank accounts see our guide here.