Is Virgin Money or Kent Reliance better for your small business?
Below we look at both Virgin Money and Kent Reliance 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 Kent Reliance Trustpilot Reviews
| Virgin Money | Kent Reliance | |
| Trustpilot Review Score (out of 5) | 1.4 | 4 |
| Percent 5-Star Reviews | 5% | 61% |
| Percent 1- Star Reviews | 89% | 22% |
| Total Number of Reviews | 6,799 | 2,104 |
https://www.trustpilot.com/review/uk.virginmoney.com
https://www.trustpilot.com/review/www.kentreliance.co.uk
Virgin Money vs Kent Reliance App Reviews
| Virgin Money | Kent Reliance | |
| iPhone Review Score (out of 5) | 4.6 | No Rating |
| Number of iPhone Reviews | 125,000 | No Reviews |
| Android Review Score (out of 5) | 4 | No Rating |
| Number of Android Reviews | 23,400 | No Reviews |
https://apps.apple.com/gb/app/virgin-money-mobile-banking/id1482269155
https://www.apple.com/uk/app-store/
Virgin Money vs Kent Reliance Account Fees & Charges
| Virgin Money | Kent Reliance | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | 25 Months | NA |
| Cheapest Monthly Account Fee | No | Free |
| Most Expensive Monthly Account Fee | No | Free |
| Electronic Payment Cost (in/out) | Free | £10 |
| Cash Payments Cost (in/out) | 90p per £100 | £1 |
| Cheques (in/out) | 30p per cheque | £1 |
| CHAPS Payments Cost | £25 | £10 |
| SEPA Payments Cost | £20 | No |
Virgin Money vs Kent Reliance Business Savings Rates
| Virgin Money | Kent Reliance | |
| Types of Business Savings Accounts | Instant access accounts, Notice accounts, Fixed term deposit accounts | Easy access, Notice Account, Fixed rate, Business savings |
| Lowest Savings Rate (AER) | 1.35% | 0.10% |
| Maximum Savings Rate (AER) | 5.15% | 5.13% |
| Minimum Savings Amount | £1 | £1,000 |
| Interest Paid On Foreign Currencies | Yes | No |
Virgin Money vs Kent Reliance Account Opening Times
| Virgin Money | Kent Reliance | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 1 to 47 Working days | 10 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
Virgin Money vs Kent Reliance Features & Account Types
| Virgin Money | Kent Reliance | |
| Business Current Account | Yes | No |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | 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 | Yes |
| Card Type | Mastercard | None |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | No |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | Northern England and Scotland only | Locations in Kent only |
Virgin Money vs Kent Reliance Customer Support Options
| Virgin Money | Kent Reliance | |
| 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 | Yes |
Virgin Money vs Kent Reliance Foreign Currency Accounts
| Virgin Money | Kent Reliance | |
| 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 Kent Reliance
| Virgin Money | Kent Reliance | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | No |
| International Payments | Yes | No |
| Merchant Payment Services | Yes | No |
| Card Machines | No | No |
| Free Accounting Software | Yes | No |
Virgin Money vs Kent Reliance Banking Basics
| Virgin Money | Kent Reliance | |
| Bank Type | High Street | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 121873 | 530504 |
| Website | Virgin Money Website | Kent Reliance Website |
Common Comparison Questions
Does Virgin Money or Kent Reliance 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, Kent Reliance scores 4 out of 5 based 2,104 Trustpilot reviews. Of which 61% are 5-star and 22% are 1-star.
Does Virgin Money or Kent Reliance 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, Kent Reliance’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 Virgin Money or Kent Reliance 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, Kent Reliance offers Easy access, Notice Account, Fixed rate, Business savings accounts with interest rates ranging from 0.10% to 5.13% (AER).
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For other business bank accounts see our guide here.