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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

5 Stars for Allica Bank

Really easy sign up process. Easy to contact when having difficulties. Clear and accessible app. Reviewed on: 31st March 2025

Good website, excellent savings rates and easy to co...

Good website, excellent savings rates and easy to contact Reviewed on: 31st March 2025

Excellent interest rates, simple account opening...

Excellent interest rates, very simple account opening process including online verification, and super friendly app to manage the account. Reviewed on: 31st March 2025

Super easy onboarding

I have used Allica Bank for business savings. Onboarding was straight forward, and very painless, as it was automated to a high degree. At the time they had one of the best interest rates in the market. Reviewed on: 31st March 2025

Friendly bank

Easy to set up accounts, easy to access. Great customer service Reviewed on: 31st March 2025

All went fairly smoothly after initial problem acces...

All went fairly smoothly after initial problem accessing our account. Reviewed on: 31st March 2025

We like Allica a lot ...

Onboarding with Allica Bank was straightforward, the tone of your communications was professional but friendly and dealing with you day to day is easy, hassle-free and efficient. Sure, we'd all like higher interest rates but Allica is competitive and we're happy to see our money with you where we feel it is safe, it's performing and we have an easy interface to manage our money. Reviewed on: 31st March 2025

Great customer services team.

Great customer services team. Excellent response times and good experience all round. Reviewed on: 31st March 2025

4x interest rate as competent as the High Street banks

I recently opened a Allica business savings account to replace my savings with a big high street brand. Setting up the account and app was very easy to do and the interest rate is about 4 times the amount. I had been a little nervous moving to a smaller bank but so far it has been comforting to see how well they operate and I am confident that my money is now in the best place. My accountant had mentioned that I should make my money work harder and mentioned that he used Allica. He was absolutely right and like him, I would recommend them to maximise your business savings. Reviewed on: 31st March 2025

Easy to use and reliable service.

Easy to use and reliable service. Only online bank allowing both directors easy access Reviewed on: 31st March 2025

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