Co-operative Bank vs Fair Everywhere: Business Savings & Current Account Comparison

Co-operative Bank and Fair Everywhere both offer a range of business banking options. But which is better?

Below we compare Co-operative Bank vs Fair Everywhere on 61 different metrics including business savings account rates, current account fees, Trustpilot reviews and many, many more so you can decide for yourself.

Co-operative Bank vs Fair Everywhere Business Savings Accounts Comparison

	Co-operative Bank	Fair Everywhere
Types of Savings Accounts	Instant Access, 35 or 95 Day Notice Accounts	NA
Lowest Savings Rate	1.53%	NA
Maximum Savings Rate	2.42%	NA
Minimum Investment Amount	£0	NA
Website	Co-operative Bank Website	Fair Everywhere Website

Co-operative Bank vs Fair Everywhere Free Business Bank Accounts

Below we look at the free business bank account options Co-operative Bank and Fair Everywhere each offer.

	Co-operative Bank	Fair Everywhere
Free Business Bank Account?	Yes	No
Free Business Account Term Length	24 months	NA

Co-operative Bank vs Fair Everywhere Fees & Pricing

	Co-operative Bank	Fair Everywhere
Cheapest Monthly Account Fee	Free	£12.50
Most Expensive Monthly Account Fee	£10	£12.50
Electronic Payments (in/out)	£0.20	£0.30 up Up to £250,000
Cash Payments (in/out)	£0.30/£1.50	£1.50/£3 + 2.75%
Cheques (in/out)	£0.30 / £1.50	£1.50/£1.50
Debit Card Payments	Yes	Yes
CHAPS Payments	£25	£30
SEPA Payments	free	free

Co-operative Bank vs Fair Everywhere Account Types

Below we look at the different types of business bank accounts and other types of business finance solutions Co-operative Bank and Fair Everywhere offer.

	Co-operative Bank	Fair Everywhere
Current Account Switch Service	Yes	Yes
Type of Card (Mastercard vs VISA)	Mastercard	Mastercard
Business Current Account	Yes	Yes
Business Savings Account	Yes	No
Business Credit Card	Yes	Yes
Business Overdraft	Yes	No
Business Loans	Yes	No
Commercial Mortgages	Yes	No
Online Banking	Yes	Yes
Mobile Banking	Yes	Yes
In person/Branch Banking	Yes	No
Invoice Financing	Yes	Yes
International Payments	Yes	Yes
Merchant Services	Yes	Yes
Free Accouting Software	No	No

Co-operative Bank vs Fair Everywhere Foreign Currency Accounts

In this section we look at what types of foreign currency accounts each bank offers.

	Co-operative Bank	Fair Everywhere
US Dollar (USD) Bank Account	No	Yes
Euro (EUR) Bank Account	No	Yes
Other Currencies Available	None	British Pound GBP

Co-operative Bank vs Fair Everywhere User Reviews

	Co-operative Bank	Fair Everywhere
Trustpilot Score (out of 5)	3.7	3.8
Number of Trustpilot Reviews	5034	67
iPhone App Score	4.8	2.2
Number iPhone of Reviews	38858	5
Android App Score	3.3	Not Rated
Number of Android App Reviews	4971	NA

Co-operative Bank vs Fair Everywhere Banking Service Quality

Data for this section comes from the BVA BDRC Business banking service quality report.

	Co-operative Bank	Fair Everywhere
Overall Service Quality Ranking	15	Not Rated
Overall Service Quality Score	42%	Not Rated
Online And Mobile Banking Services Ranking	15	Not Rated
Online And Mobile Banking Services Score	35%	Not Rated
SME overdraft and loan services Ranking	Not Ranked	Not Rated
SME overdraft and loan services Score	Not Ranked	Not Rated
Relationship/account management Ranking	15	Not Rated
Relationship/account management Score	37%	Not Rated
Service in branches and business centres Ranking	7	Not Rated
Service in branches and business centres Score	48%	Not Rated

Co-operative Bank vs Fair Everywhere Overview

Here is some other key data about each bank.

	Co-operative Bank	Fair Everywhere
FSCS Protection	Yes, up to £85,000	No
Market Share	0.33%	0.02%
Bank Type	High Street	Challenger
Total Assets	£28.1 billion GBP	Unknown
Swift/BIC Code	CPBKGB22	FAIRGB2LXXX
FCA Number	121885	504547
Company Number	990937	6268340
Business Customer Phone Number	44 345 721 2212	Unknown

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