Is Wise or Hampshire Trust Bank better for your small business?
Below we look at both Wise and Hampshire Trust Bank 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 vs Hampshire Trust Bank Trustpilot Reviews
| Wise | Hampshire Trust Bank | |
| Trustpilot Review Score (out of 5) | 4.2 | 4.5 |
| Percent 5-Star Reviews | 83% | 75% |
| Percent 1- Star Reviews | 7% | 7% |
| Total Number of Reviews | 207,506 | 1,591 |
https://www.trustpilot.com/review/wise.com
https://www.trustpilot.com/review/htb.co.uk
Wise vs Hampshire Trust Bank App Reviews
| Wise | Hampshire Trust Bank | |
| iPhone Review Score (out of 5) | 4.8 | No Rating |
| Number of iPhone Reviews | 85,400 | No Reviews |
| Android Review Score (out of 5) | 4.8 | No Rating |
| Number of Android Reviews | 762,000 | No Reviews |
https://apps.apple.com/gb/app/wise/id612261027
https://www.apple.com/uk/app-store/
Wise vs Hampshire Trust Bank Account Fees & Charges
| Wise | Hampshire Trust Bank | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | Free | No |
| Most Expensive Monthly Account Fee | Free | No |
| Electronic Payment Cost (in/out) | 0.42% | 25p |
| Cash Payments Cost (in/out) | 2% / 1.75% | £1 |
| Cheques (in/out) | Unknown | £1 |
| CHAPS Payments Cost | £25 | £25 |
| SEPA Payments Cost | No | 20p |
Wise vs Hampshire Trust Bank Business Savings Rates
| Wise | Hampshire Trust Bank | |
| Types of Business Savings Accounts | BlackRock ICS Sterling Government Liquidity Fund | Notice Account, Fixed |
| Lowest Savings Rate (AER) | 4.67% | 4.50% |
| Maximum Savings Rate (AER) | 4.67% | 5.15% |
| Minimum Savings Amount | £1 | £5,000 |
| Interest Paid On Foreign Currencies | Yes | No |
Wise vs Hampshire Trust Bank Account Opening Times
| Wise | Hampshire Trust Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 2 Working days | 1 day |
| Do They Check Your Credit? | No | Yes |
| Current Account Switch Service | No | No |
Wise vs Hampshire Trust Bank Features & Account Types
| Wise | Hampshire Trust Bank | |
| Business Current Account | Yes | No |
| Business Savings Account | No | Yes |
| Business Credit Card | No | Yes |
| Business Overdraft | No | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | No | Yes |
| Card Type | Visa/Mastercard | None |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | No |
| In Person/Branch Banking | Yes | No |
| Branch Locations | None, online only | London & Leeds |
Wise vs Hampshire Trust Bank Customer Support Options
| Wise | Hampshire Trust Bank | |
| 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 |
Wise vs Hampshire Trust Bank Foreign Currency Accounts
| Wise | Hampshire Trust Bank | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
| No |
Other Business Services From Wise and Hampshire Trust Bank
| Wise | Hampshire Trust Bank | |
| Business Loans | No | Yes |
| Commercial Mortgages | No | Yes |
| Invoice Financing | No | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | No | No |
| Free Accounting Software | Yes | No |
Wise vs Hampshire Trust Bank Banking Basics
| Wise | Hampshire Trust Bank | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | No, unless money is held in assets | Yes, up to £85,000 |
| FCA Number | 900507 | 204601 |
| Website | Wise Website | Hampshire Trust Bank Website |
Common Comparison Questions
Does Wise or Hampshire Trust Bank 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, Hampshire Trust Bank scores 4.5 out of 5 based 1,591 Trustpilot reviews. Of which 75% are 5-star and 7% are 1-star.
Does Wise or Hampshire Trust Bank 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, Hampshire Trust Bank’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 Hampshire Trust Bank 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, Hampshire Trust Bank offers Notice Account, Fixed accounts with interest rates ranging from 4.50% to 5.15% (AER).
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For other business bank accounts see our guide here.