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Allica: Business savings reviews

Name: Business savings
Rating: 4.9 (327 reviews)

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4.90

Based on 327 reviews, last reviewed 6th May 2025

30100% 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

slick online presence, and simple business onboardin... slick online presence, and simple business onboarding unlike some other banks Reviewed on: 6th May 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 (327)

Review of the Allica, Business savings:

Easy to use, good rates, kept well informed, good ra...

Easy to use, good rates, kept well informed, good range of accounts Reviewed on: 16th March 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

Super smooth process and great customer care so far!

Super smooth process and great customer care so far! Reviewed on: 1st April 2025

simplicity at its core

I love the app and its simplicity Reviewed on: 1st April 2025

Fantastic business savings account

Great interest rate. Well designed website, simple to access statements. Depositing and withdrawing money is easy. Reviewed on: 1st April 2025

Professional and positive team

The team were very professional and I had a positive experience overall despite initially experiencing some technical difficulties Reviewed on: 1st April 2025

Excellent service with great rates of interest

Excellent service with great rates of interest Reviewed on: 1st April 2025

Competitive Interest Rates and Easy To Use

The account was very easy to set up, is easy to use, and the interest rates offered are very good Reviewed on: 1st April 2025

great business savings account - no hassle

great business savings account - no hassle Reviewed on: 1st April 2025

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