Revolut v Starling - business bank choices?
Discussion
I have recently completed a business banking switch to starling. only 1 week and no comment/ judgement yet, but the switch was seamless.
I have only used revolut for personal travel money, do some research on them. I don’t think they actually hold a british banking license.
Also read some horror stories about accounts being frozen/ no access to money and customer services just being an automated computer script and hard to speak to anyone if things go wrong.
YMMV but definitely do some research on customer service and what happens when it goes wrong
I have only used revolut for personal travel money, do some research on them. I don’t think they actually hold a british banking license.
Also read some horror stories about accounts being frozen/ no access to money and customer services just being an automated computer script and hard to speak to anyone if things go wrong.
YMMV but definitely do some research on customer service and what happens when it goes wrong
I'm with Starling and have been since August, however i'm a much smaller business.
App is very easy to use (spending breakdown very clear and i like the use of 'Spaces'), links well with my accounts package, any approvals needed come through (subject to signal) immediately and confirmations can arrive before you have a receipt in your hand.
Minimal interaction with customer services, which have been great, so no idea how they'll work when a problem happens. Which is the real test of customer services.
App is very easy to use (spending breakdown very clear and i like the use of 'Spaces'), links well with my accounts package, any approvals needed come through (subject to signal) immediately and confirmations can arrive before you have a receipt in your hand.
Minimal interaction with customer services, which have been great, so no idea how they'll work when a problem happens. Which is the real test of customer services.
Tallboy said:
I'm with Starling and have been since August, however i'm a much smaller business.
App is very easy to use (spending breakdown very clear and i like the use of 'Spaces'), links well with my accounts package, any approvals needed come through (subject to signal) immediately and confirmations can arrive before you have a receipt in your hand.
Minimal interaction with customer services, which have been great, so no idea how they'll work when a problem happens. Which is the real test of customer services.
Exactly the same as this. I have been very happy with Starling so far.App is very easy to use (spending breakdown very clear and i like the use of 'Spaces'), links well with my accounts package, any approvals needed come through (subject to signal) immediately and confirmations can arrive before you have a receipt in your hand.
Minimal interaction with customer services, which have been great, so no idea how they'll work when a problem happens. Which is the real test of customer services.
Last I checked, Revolut isn't a bank and not covered by FSCS?
I have a Sterling Business as a secondary account. Works well and recommended.
OP, don't close your current account though (unless expensive to run) - I wanted to take a BBL out, and Sterling had a 'waiting list'. My normal big bank had the application filled, processed and in my account in hours...
Sterling them emailed me a month later to say I could apply now.
Keep your money split across multiple accounts.
I have a Sterling Business as a secondary account. Works well and recommended.
OP, don't close your current account though (unless expensive to run) - I wanted to take a BBL out, and Sterling had a 'waiting list'. My normal big bank had the application filled, processed and in my account in hours...
Sterling them emailed me a month later to say I could apply now.
Keep your money split across multiple accounts.
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