Is Ulster Bank or United Trust Bank better for your small business?
Below we look at both Ulster Bank and United Trust 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 United Trust Bank Trustpilot Reviews
| Ulster Bank | United Trust Bank | |
| Trustpilot Review Score (out of 5) | 1.5 | 4.6 |
| Percent 5-Star Reviews | 8% | 78% |
| Percent 1- Star Reviews | 86% | 3% |
| Total Number of Reviews | 114 | 1,372 |
https://www.trustpilot.com/review/www.ulsterbank.co.uk
https://www.trustpilot.com/review/utbank.co.uk
Ulster Bank vs United Trust Bank App Reviews
| Ulster Bank | United Trust Bank | |
| iPhone Review Score (out of 5) | 4.8 | 5 |
| Number of iPhone Reviews | 15,700 | 5 |
| 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://apps.apple.com/us/app/united-trust-bank/id6444029400
Ulster Bank vs United Trust Bank Account Fees & Charges
| Ulster Bank | United Trust Bank | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 24 Months | NA |
| Cheapest Monthly Account Fee | £8 | £12.50 |
| Most Expensive Monthly Account Fee | £12 | £25 |
| Electronic Payment Cost (in/out) | 43p | Free |
| Cash Payments Cost (in/out) | 70p per £100 | Free / £1.50 |
| Cheques (in/out) | 40p | Free / £2.50 |
| CHAPS Payments Cost | £18.75 | £25 |
| SEPA Payments Cost | €0.51 | No |
Ulster Bank vs United Trust Bank Business Savings Rates
| Ulster Bank | United Trust Bank | |
| Types of Business Savings Accounts | Instant access accounts, Fixed term accounts, Currency savings accounts | Fixed Term Business Bonds, Notice Accounts, Tracker Accounts |
| Lowest Savings Rate (AER) | 1.46% | 3.75% |
| Maximum Savings Rate (AER) | 1.92% | 5.25% |
| Minimum Savings Amount | No | £5,000 |
| Interest Paid On Foreign Currencies | Yes | Yes |
Ulster Bank vs United Trust Bank Account Opening Times
| Ulster Bank | United Trust Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 24 working hours | 7 Working days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Ulster Bank vs United Trust Bank Features & Account Types
| Ulster Bank | United Trust Bank | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| 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 | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Northern Ireland Only | London office only |
Ulster Bank vs United Trust Bank Customer Support Options
| Ulster Bank | United Trust Bank | |
| 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 United Trust Bank Foreign Currency Accounts
| Ulster Bank | United Trust Bank | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
|
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Other Business Services From Ulster Bank and United Trust Bank
| Ulster Bank | United Trust Bank | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | No | Yes |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
Ulster Bank vs United Trust Bank Banking Basics
| Ulster Bank | United Trust Bank | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | NA | 204463 |
| Website | Ulster Bank Website | United Trust Bank Website |
Common Comparison Questions
Does Ulster Bank or United Trust 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, United Trust Bank scores 4.6 out of 5 based 1,372 Trustpilot reviews. Of which 78% are 5-star and 3% are 1-star.
Does Ulster Bank or United Trust 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, United Trust Bank’s iPhone App is rated 5 out of 5 based on 5 reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.
Does Ulster Bank or United Trust 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, United Trust Bank offers Fixed Term Business Bonds, Notice Accounts, Tracker Accounts accounts with interest rates ranging from 3.75% to 5.25% (AER).
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For other business bank accounts see our guide here.