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Payhawk vs Equals: Which Is The Better Company Expense Card?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Payhawk and Equals are two of the leading companies when it comes to expense cards for your UK business. But which one is better?

Below we look at how they compare. From reviews to costs to features we look at all the key things you want to know before making your decision.

Payhawk HomepageEquals Homepage
 

Payhawk vs Equals Reviews

PayhawkEquals
Trustpilot Review Rating 4.44.7
Number of Trustpilot Reviews214200
iPhone App Rating4.64.7
Number of iPhone App Reviews13313
Android App Rating4.42.9
Number of Android App Reviews33325
Note these figures we’re taken from each company’s website and may have changed since publication

Payhawk vs Equals Key Details

PayhawkEquals
WebsiteClick Here to Visit Payhawk WebsiteClick Here to Visit Equals Website
Card TypeVISAMastercard
Offers Physical Cards?YesYes
Offers Virtual Cards?YesYes
Offers Prepaid Cards?NoYes
Cashback Plans?YesYes
Plans for Freelancers?NoYes
Plans for Small Business?YesYes
Plans For Medium Business?YesYes
Enterprise Plans?YesYes

Payhawk vs Equals Cost

Payhawk PricingEquals Pricing
PayhawkEquals
Free Plan?NoYes
Free Trial?NoNo
Cheapest Plan Price Per MonthPricing Not On Website£0.00
Mid Plan Price Per MonthPricing Not On Website£50.00
Top Plan Price Per MonthPricing Not On WebsiteCustom
Prices were accurate at the time of publication but may have since changed. Please visit both websites to confirm pricing.

Payhawk vs Equals Features

Payhawk FeaturesEquals Features

Payhawk Features

Premium Cards

  • Physical and virtual credit and debit cards
  • One-click card issuance and card freezing
  • Up to 6x better exchange rates than banks
  • EUR and GBP accounts
  • Apple Pay
  • Google Pay

All-In-One Spend

  • Physical and virtual credit and debit cards
  • One-click card issuance and card freezing
  • Up to 6x better exchange rates than banks
  • EUR and GBP accounts
  • Apple Pay
  • Google Pay
  • Local invoice payments and reimbursements
  • Pre-accounting OCR in 60+ languages
  • Free transfers within SEPA and the UK
  • Smart inbox for receipts attachment
  • Bulk payments with ‘four eyes’ approval
  • Supplier management
  • Out-of-pocket cash management for employees without cards

Enterprise

  • Physical and virtual credit and debit cards
  • One-click card issuance and card freezing
  • Up to 6x better exchange rates than banks
  • EUR and GBP accounts
  • Apple Pay
  • Google Pay
  • Local invoice payments and reimbursements
  • Pre-accounting OCR in 60+ languages
  • Free transfers within SEPA and the UK
  • Smart inbox for receipts attachment
  • Bulk payments with ‘four eyes’ approval
  • Supplier management
  • Out-of-pocket cash management for employees without cards
  • International invoice payments and reimbursements
  • Group spend dashboard and workflows
  • ERP integration to NetSuite, and Microsoft Dynamics
  • Single sign-on with SAML
  • Customer Success Specialist
  • Online onboarding session
  • Success-based onboarding flow

Payhawk Accounting Software Integrations

  • Xero
  • QuickBooks
  • Datev
  • Exact Online

Equals Features

Charity & Non-profit

  • Unlimited users, no monthly fees
  • £10 per physical card
  • Free virtual cards
  • Free to use in 20 major currencies
  • Cash withdrawals – £1.50

Business

  • Use up to 100 physical cards
  • Unlimited users, no monthly fees
  • £10 per physical card
  • Free virtual cards
  • Free to use in 20 major currencies
  • Cash withdrawals – £1.50

Business Plus

  • Use over 100 physical cards
  • Unlimited users, no monthly fees
  • Custom card issuance pricing
  • Custom virtual card pricing
  • Free to use in 20 major currencies

Equals Accounting Software Integrations

  • Xero

Payhawk vs Equals Features Comparison

PayhawkEquals
Apple Pay CompatibleYesYes
Google Pay CompatibleYesNo
Expense ClaimsYesNo
Expense ReimbursementsYesNo
APIYesYes
Access Controls/PermissionsYesYes
ReconciliationsYesYes
Approval Process ControlYesYes
Budget ControlYesYes
Expense CategorisationYesNo
Compliance ManagementYesYes
Customizable Fields YesNo
Fraud DetectionYesNo
Multi-Currency CardsYesYes
Mileage TrackingYesNo
Mobile Receipt UploadYesYes
Real Time Notifications & ReportingYesYes
Receipt ManagementYesYes
Spend ControlYesYes
Travel Management YesYes

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Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



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