Is Ulster Bank or GoSolo better for your small business?
Below we look at both Ulster Bank and GoSolo 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 GoSolo Trustpilot Reviews
| Ulster Bank | GoSolo | |
| Trustpilot Review Score (out of 5) | 1.5 | 2.6 |
| Percent 5-Star Reviews | 8% | 39% |
| Percent 1- Star Reviews | 86% | 47% |
| Total Number of Reviews | 114 | 74 |
https://www.trustpilot.com/review/www.ulsterbank.co.uk
https://www.trustpilot.com/review/gosolo.net
Ulster Bank vs GoSolo App Reviews
| Ulster Bank | GoSolo | |
| iPhone Review Score (out of 5) | 4.8 | 4.6 |
| Number of iPhone Reviews | 15,700 | 91 |
| Android Review Score (out of 5) | 4.1 | 3.6 |
| Number of Android Reviews | 15,000 | 61 |
https://apps.apple.com/gb/app/ulster-bank-ni-mobile-banking/id469523324
https://apps.apple.com/gb/app/gosolo-smart-business-account/id1569028757
Ulster Bank vs GoSolo Account Fees & Charges
| Ulster Bank | GoSolo | |
| Free Business Bank Account | Yes | Yes |
| Free Business Account Term Length | 24 Months | 12 Months |
| Cheapest Monthly Account Fee | £8 | Free |
| Most Expensive Monthly Account Fee | £12 | Free |
| Electronic Payment Cost (in/out) | 43p | 2% + 20p |
| Cash Payments Cost (in/out) | 70p per £100 | £1.50 |
| Cheques (in/out) | 40p | £2.69 |
| CHAPS Payments Cost | £18.75 | £15 |
| SEPA Payments Cost | €0.51 | 30p |
Ulster Bank vs GoSolo Business Savings Rates
| Ulster Bank | GoSolo | |
| 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 GoSolo Account Opening Times
| Ulster Bank | GoSolo | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 24 working hours | Few minutes |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
Ulster Bank vs GoSolo Features & Account Types
| Ulster Bank | GoSolo | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | No |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | No |
| 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 GoSolo Customer Support Options
| Ulster Bank | GoSolo | |
| 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 GoSolo Foreign Currency Accounts
| Ulster Bank | GoSolo | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: |
| No |
Other Business Services From Ulster Bank and GoSolo
| Ulster Bank | GoSolo | |
| Business Loans | Yes | No |
| Commercial Mortgages | No | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | Yes |
Ulster Bank vs GoSolo Banking Basics
| Ulster Bank | GoSolo | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | NA | 902961 |
| Website | Ulster Bank Website | GoSolo Website |
Common Comparison Questions
Does Ulster Bank or GoSolo 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, GoSolo scores 2.6 out of 5 based 74 Trustpilot reviews. Of which 39% are 5-star and 47% are 1-star.
Does Ulster Bank or GoSolo 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, GoSolo’s iPhone App is rated 4.6 out of 5 based on 91 reviews. And it’s Android App is rated 3.6 out of 5 based on 61 reviews.
Does Ulster Bank or GoSolo 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, GoSolo 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.