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Allica: Business savings reviews

Name: Business savings
Rating: 4.9 (324 reviews)

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4.90

Based on 324 reviews, last reviewed 11th Apr 2025

29800% increase in 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

92%

2 star

Latest highest rating:

5

Good business savings account with reward scheme Good business savings account with reward scheme Reviewed on: 11th April 2025

Latest lowest rating:

1

Difficult to get high interest rate for savings makes you jump through lots of hoops for decent interest rate and high minimum balance required. Reviewed on: 12th March 2025

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About this product

Allica Business savings reviews (324)

Review of the Allica, Business savings:

Compelling savings proposition

New customer, very impressed with the compelling savings proposition Reviewed on: 31st March 2025

App and web site work well in tandam with each other...

App and web site work well in tandam with each other, to provide all the information requied to invest your money Reviewed on: 2nd April 2025

Friendly and efficient relationship manager

Friendly and efficient relationship manager Reviewed on: 2nd April 2025

Go on give them a go!

Simple to set up, great terms and wonderful app Reviewed on: 2nd April 2025

Very easy but still thorough security process to ope...

Very easy but still thorough security process to open the account. And a good rate for savings for a business account. Reviewed on: 2nd April 2025

Good Savings bank

There are various deposit products as per individual needs and Very user friendly UI. Customer support can be reached without any wait time. Reviewed on: 2nd April 2025

simple interface and good rates and value

simple interface and good rates and value Reviewed on: 2nd April 2025

Easy to open an account and manage online.

Easy to open an account and manage online. Good interest rates and straightforward to reinvest on maturity. Reviewed on: 2nd April 2025

A fantastic Bank, Easy transactions and great Comms

I had a surplus of money in the company deposit account with Lloyds only earning 1% so decided to open a deposit account with Allica and another bank due to their good rates. Opening the Allica Bank account was almost instantaneous very efficient. A quick call gets you through to real people who actually answer the phone for queries and are really helpful. The application was easy to fill out and the communications from the team were great. I then applied to open a savings account with the other bank and compared to Allica it was like night and day It took over 2 weeks as their process is an antiquated inhouse/ postal system which they have tried to digitalize . Technical issues meant I couldnt see the money I had transferred. Allica Bank is way ahead in communications, process and systems so I would recommend them any day. Reviewed on: 2nd April 2025

Easy to set up online.

Easy to set up online. Transferred the money from business account to an annual savings account with Allica which offered a decent interest rate. I didn't speak to anyone it was all done online. Reviewed on: 2nd April 2025

Second to None!

From start to finish - setting up the accounts, the app, the customer service and the rates of interest - second to none! Reviewed on: 1st April 2025

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