Is Ulster Bank or Unity Trust better for your small business?
Below we look at both Ulster Bank and Unity Trust 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 Unity Trust Trustpilot Reviews
| Ulster Bank | Unity Trust | |
| Trustpilot Review Score (out of 5) | 1.5 | 4 |
| Percent 5-Star Reviews | 8% | 61% |
| Percent 1- Star Reviews | 86% | 14% |
| Total Number of Reviews | 114 | 255 |
https://www.trustpilot.com/review/www.ulsterbank.co.uk
https://www.trustpilot.com/review/unity.co.uk
Ulster Bank vs Unity Trust App Reviews
| Ulster Bank | Unity Trust | |
| 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 Unity Trust Account Fees & Charges
| Ulster Bank | Unity Trust | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 24 Months | NA |
| Cheapest Monthly Account Fee | £8 | £6 |
| Most Expensive Monthly Account Fee | £12 | £6 |
| Electronic Payment Cost (in/out) | 43p | 14p |
| Cash Payments Cost (in/out) | 70p per £100 | 50p per £100 |
| Cheques (in/out) | 40p | 30p per item |
| CHAPS Payments Cost | £18.75 | £28 |
| SEPA Payments Cost | €0.51 | 25p |
Ulster Bank vs Unity Trust Business Savings Rates
| Ulster Bank | Unity Trust | |
| Types of Business Savings Accounts | Instant access accounts, Fixed term accounts, Currency savings accounts | Instant Access, Fixed Term |
| Lowest Savings Rate (AER) | 1.46% | 2.77% |
| Maximum Savings Rate (AER) | 1.92% | 5.10% |
| Minimum Savings Amount | No | No |
| Interest Paid On Foreign Currencies | Yes | Yes |
Ulster Bank vs Unity Trust Account Opening Times
| Ulster Bank | Unity Trust | |
| 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 Unity Trust Features & Account Types
| Ulster Bank | Unity Trust | |
| 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 | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | No |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Northern Ireland Only | No own branches but can use NatWest, RBS or Ulster Bank locations |
Ulster Bank vs Unity Trust Customer Support Options
| Ulster Bank | Unity Trust | |
| 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 Unity Trust Foreign Currency Accounts
| Ulster Bank | Unity Trust | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
|
|
Other Business Services From Ulster Bank and Unity Trust
| Ulster Bank | Unity Trust | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | No | Yes |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
Ulster Bank vs Unity Trust Banking Basics
| Ulster Bank | Unity Trust | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | NA | 204570 |
| Website | Ulster Bank Website | Unity Trust Website |
Common Comparison Questions
Does Ulster Bank or Unity Trust 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, Unity Trust scores 4 out of 5 based 255 Trustpilot reviews. Of which 61% are 5-star and 14% are 1-star.
Does Ulster Bank or Unity Trust 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, Unity Trust’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 Unity Trust 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, Unity Trust offers Instant Access, Fixed Term accounts with interest rates ranging from 2.77% to 5.10% (AER).
See Other Comparisons:Ulster Bank vs United Trust Bank
Ulster Bank vs HSBC Kinetic
Ulster Bank vs CardOneMoney
Ulster Bank vs Fair Everywhere
Ulster Bank vs Countingup
For other business bank accounts see our guide here.