Is Virgin Money or Ampere better for your small business?
Below we look at both Virgin Money and Ampere 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.
Virgin Money vs Ampere Trustpilot Reviews
| Virgin Money | Ampere | |
| Trustpilot Review Score (out of 5) | 1.4 | 4.2 |
| Percent 5-Star Reviews | 5% | 74% |
| Percent 1- Star Reviews | 89% | 18% |
| Total Number of Reviews | 6,799 | 50 |
https://www.trustpilot.com/review/uk.virginmoney.com
https://www.trustpilot.com/review/ampere.co.uk
Virgin Money vs Ampere App Reviews
| Virgin Money | Ampere | |
| iPhone Review Score (out of 5) | 4.6 | 4.8 |
| Number of iPhone Reviews | 125,000 | 30 |
| Android Review Score (out of 5) | 4 | 4.7 |
| Number of Android Reviews | 23,400 | 953 |
https://apps.apple.com/gb/app/virgin-money-mobile-banking/id1482269155
https://apps.apple.com/us/app/ampere-business-mobile-bank/id1641508835
Virgin Money vs Ampere Account Fees & Charges
| Virgin Money | Ampere | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 25 Months | NA |
| Cheapest Monthly Account Fee | No | £20.00 |
| Most Expensive Monthly Account Fee | No | £20.00 |
| Electronic Payment Cost (in/out) | Free | Free |
| Cash Payments Cost (in/out) | 90p per £100 | NA |
| Cheques (in/out) | 30p per cheque | NA |
| CHAPS Payments Cost | £25 | £25 |
| SEPA Payments Cost | £20 | Free |
Virgin Money vs Ampere Business Savings Rates
| Virgin Money | Ampere | |
| Types of Business Savings Accounts | Instant access accounts, Notice accounts, Fixed term deposit accounts | None |
| Lowest Savings Rate (AER) | 1.35% | NA |
| Maximum Savings Rate (AER) | 5.15% | NA |
| Minimum Savings Amount | £1 | NA |
| Interest Paid On Foreign Currencies | Yes | No |
Virgin Money vs Ampere Account Opening Times
| Virgin Money | Ampere | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 1 to 47 Working days | Undisclosed |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
Virgin Money vs Ampere Features & Account Types
| Virgin Money | Ampere | |
| 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 | No |
| Joint Business Accounts Available | Yes | No |
| Card Type | Mastercard | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | No |
| Branch Locations | Northern England and Scotland only | None, online only |
Virgin Money vs Ampere Customer Support Options
| Virgin Money | Ampere | |
| 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 |
Virgin Money vs Ampere Foreign Currency Accounts
| Virgin Money | Ampere | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: | No | No |
Other Business Services From Virgin Money and Ampere
| Virgin Money | Ampere | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | Yes |
| Card Machines | No | Yes |
| Free Accounting Software | Yes | No |
Virgin Money vs Ampere Banking Basics
| Virgin Money | Ampere | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 121873 | 900594 |
| Website | Virgin Money Website | Ampere Website |
Common Comparison Questions
Does Virgin Money or Ampere have better customer reviews?
Virgin Money scores 1.4 out of 5 based 6,799 Trustpilot reviews. Of these reviews 5% are 5-star and 89% are 1-star.
Whereas, Ampere scores 4.2 out of 5 based 50 Trustpilot reviews. Of which 74% are 5-star and 18% are 1-star.
Does Virgin Money or Ampere have a better App?
Virgin Money’s iPhone App is rated 4.6 out of 5 based on 125,000 reviews. And it’s Android App is rated 4 out of 5 based on 23,400 reviews.
In comparison, Ampere’s iPhone App is rated 4.8 out of 5 based on 30 reviews. And it’s Android App is rated 4.7 out of 5 based on 953 reviews.
Does Virgin Money or Ampere have better business savings rates?
Virgin Money offers the following types of business savings accounts: Instant access accounts, Notice accounts, Fixed term deposit accounts with interest rates ranging from 1.35% to 5.15%. (AER)
In contrast, Ampere offers None accounts with interest rates ranging from NA to NA (AER).
See Other Comparisons:Monzo vs Bank of Scotland
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Monzo vs TSB
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For other business bank accounts see our guide here.