Is United Trust Bank or SumUp Business Account better for your small business?
Below we look at both United Trust Bank and SumUp Business Account 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.
United Trust Bank vs SumUp Business Account Trustpilot Reviews
| United Trust Bank | SumUp Business Account | |
| Trustpilot Review Score (out of 5) | 4.6 | 4.2 |
| Percent 5-Star Reviews | 78% | 64% |
| Percent 1- Star Reviews | 3% | 22% |
| Total Number of Reviews | 1,372 | 18,247 |
https://www.trustpilot.com/review/utbank.co.uk
https://www.trustpilot.com/review/sumup.com
United Trust Bank vs SumUp Business Account App Reviews
| United Trust Bank | SumUp Business Account | |
| iPhone Review Score (out of 5) | 5 | 4.8 |
| Number of iPhone Reviews | 5 | 12,400 |
| Android Review Score (out of 5) | No Rating | 4.7 |
| Number of Android Reviews | No Reviews | 84,500 |
https://apps.apple.com/us/app/united-trust-bank/id6444029400
https://apps.apple.com/gb/app/sumup/id514879214
United Trust Bank vs SumUp Business Account Account Fees & Charges
| United Trust Bank | SumUp Business Account | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | No Limit |
| Cheapest Monthly Account Fee | £12.50 | No |
| Most Expensive Monthly Account Fee | £25 | No |
| Electronic Payment Cost (in/out) | Free | Free |
| Cash Payments Cost (in/out) | Free / £1.50 | Free |
| Cheques (in/out) | Free / £2.50 | Free |
| CHAPS Payments Cost | £25 | No |
| SEPA Payments Cost | No | No |
United Trust Bank vs SumUp Business Account Business Savings Rates
| United Trust Bank | SumUp Business Account | |
| Types of Business Savings Accounts | Fixed Term Business Bonds, Notice Accounts, Tracker Accounts | None |
| Lowest Savings Rate (AER) | 3.75% | NA |
| Maximum Savings Rate (AER) | 5.25% | NA |
| Minimum Savings Amount | £5,000 | NA |
| Interest Paid On Foreign Currencies | Yes | No |
United Trust Bank vs SumUp Business Account Account Opening Times
| United Trust Bank | SumUp Business Account | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 7 Working days | 10 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
United Trust Bank vs SumUp Business Account Features & Account Types
| United Trust Bank | SumUp Business Account | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | No | 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 | No |
| Card Type | Visa | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | No |
| Branch Locations | London office only | None, online only |
United Trust Bank vs SumUp Business Account Customer Support Options
| United Trust Bank | SumUp Business Account | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | No |
United Trust Bank vs SumUp Business Account Foreign Currency Accounts
| United Trust Bank | SumUp Business Account | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: |
| No |
Other Business Services From United Trust Bank and SumUp Business Account
| United Trust Bank | SumUp Business Account | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | No | No |
United Trust Bank vs SumUp Business Account Banking Basics
| United Trust Bank | SumUp Business Account | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 204463 | 900700 |
| Website | United Trust Bank Website | SumUp Business Account Website |
Common Comparison Questions
Does United Trust Bank or SumUp Business Account have better customer reviews?
United Trust Bank scores 4.6 out of 5 based 1,372 Trustpilot reviews. Of these reviews 78% are 5-star and 3% are 1-star.
Whereas, SumUp Business Account scores 4.2 out of 5 based 18,247 Trustpilot reviews. Of which 64% are 5-star and 22% are 1-star.
Does United Trust Bank or SumUp Business Account have a better App?
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.
In comparison, SumUp Business Account’s iPhone App is rated 4.8 out of 5 based on 12,400 reviews. And it’s Android App is rated 4.7 out of 5 based on 84,500 reviews.
Does United Trust Bank or SumUp Business Account have better business savings rates?
United Trust Bank offers the following types of business savings accounts: Fixed Term Business Bonds, Notice Accounts, Tracker Accounts with interest rates ranging from 3.75% to 5.25%. (AER)
In contrast, SumUp Business Account 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.