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Wise VS Amaiz: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Wise or Amaiz better for your small business?



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Below we look at both Wise and Amaiz 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.

Wise Homepage
Wise Homepage


Amaiz Homepage
Amaiz Homepage
 

Wise vs Amaiz Trustpilot Reviews

WiseAmaiz
Trustpilot Review Score (out of 5)4.24.1
Percent 5-Star Reviews83%68%
Percent 1- Star Reviews7%20%
Total Number of Reviews207,506168
Sources:
https://www.trustpilot.com/review/wise.com
https://www.trustpilot.com/review/amaiz.com

Wise vs Amaiz App Reviews

WiseAmaiz
iPhone Review Score (out of 5)4.8No Rating
Number of iPhone Reviews85,400No Reviews
Android Review Score (out of 5)4.8No Rating
Number of Android Reviews762,000No Reviews
Sources:
https://apps.apple.com/gb/app/wise/id612261027
https://www.apple.com/uk/app-store/

Wise vs Amaiz Account Fees & Charges

WiseAmaiz
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account FeeFree£49
Most Expensive Monthly Account FeeFree£99
Electronic Payment Cost (in/out)0.42%Free
Cash Payments Cost (in/out)2% / 1.75%Free
Cheques (in/out)UnknownFree
CHAPS Payments Cost£25£15
SEPA Payments CostNo£3

Wise vs Amaiz Business Savings Rates

WiseAmaiz
Types of Business Savings AccountsBlackRock ICS Sterling Government Liquidity FundNone
Lowest Savings Rate (AER)4.67%NA
Maximum Savings Rate (AER)4.67%NA
Minimum Savings Amount£1NA
Interest Paid On Foreign CurrenciesYesYes
 

Wise vs Amaiz Account Opening Times

WiseAmaiz
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
2 Working daysFew minutes
Do They Check Your Credit?NoNo
Current Account Switch ServiceNoYes

Wise vs Amaiz Features & Account Types

Wise Account Types
Wise Features & Account Types


Amaiz Account Types
Amaiz Features & Account Types


WiseAmaiz
Business Current AccountYesYes
Business Savings AccountNoNo
Business Credit CardNoNo
Business OverdraftNoNo
Accounts For StartupsYesYes
Accounts For CharitiesYesYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoNo
Card TypeVisa/MastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsNone, online onlyNone, online only

Wise vs Amaiz Customer Support Options

WiseAmaiz
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportYesNo

Wise vs Amaiz Foreign Currency Accounts

WiseAmaiz
US Dollar (USD) Bank AccountsYesYes
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • AUD – Australian dollar
  • BGN – Bulgarian lev
  • BRL – Brazilian real
  • CAD – Canadian dollar
  • CHF – Swiss franc
  • CZK – Czech koruna
  • DKK – Danish krone
  • EUR – Euro
  • GBP – British pound
  • HKD – Hong Kong dollar
  • HUF – Hungarian forint
  • IDR – Indonesian rupiah
  • INR – Indian rupee
  • JPY – Japanese yen
  • MYR – Malaysian ringgit
  • NOK – Norwegian krone
  • NZD – New Zealand dollar
  • PLN – Polish zÅ‚oty
  • RON – Romanian leu
  • SEK – Swedish krona
  • SGD – Singapore dollar
  • EUR (Euro)
  • USD (US Dollar)
  • AUD (Australian Dollar)
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • JPY (Japanese Yen)
  • NZD (New Zealand Dollar)
  • PLN (Polish Zloty)
  • RON (Romanian Leu)
  • SEK (Swedish Krona)
  • TRY (Turkish Lira)

Other Business Services From Wise and Amaiz

Wise Account Types
Other Wise Services


Amaiz Account Types
Other Amaiz Services


WiseAmaiz
Business LoansNoNo
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesYesYes
Card MachinesNoNo
Free Accounting SoftwareYesYes

Wise vs Amaiz Banking Basics

WiseAmaiz
Bank TypeChallengerChallenger
FSCS ProtectionNo, unless money is held in assetsNo
FCA Number900507900857
WebsiteWise WebsiteAmaiz Website

Common Comparison Questions

Does Wise or Amaiz have better customer reviews?

Wise scores 4.2 out of 5 based 207,506 Trustpilot reviews. Of these reviews 83% are 5-star and 7% are 1-star.

Whereas, Amaiz scores 4.1 out of 5 based 168 Trustpilot reviews. Of which 68% are 5-star and 20% are 1-star.

Does Wise or Amaiz have a better App?

Wise’s iPhone App is rated 4.8 out of 5 based on 85,400 reviews. And it’s Android App is rated 4.8 out of 5 based on 762,000 reviews.

In comparison, Amaiz’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 Wise or Amaiz have better business savings rates?

Wise offers the following types of business savings accounts: BlackRock ICS Sterling Government Liquidity Fund with interest rates ranging from 4.67% to 4.67%. (AER)

In contrast, Amaiz offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Wise vs ICICI Bank UK
Wise vs Intergiro
Wise vs GoSolo
Wise vs 3S Money
Wise vs MultiPass


For other business bank accounts see our guide here.

 



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