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Allica: Business current account reviews

Name: Business current account
Rating: 4.83 (713 reviews)

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4.83

Based on 713 reviews, last reviewed 11th Jun 2026

88% decrease in 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

94%

Latest highest rating:

5

Switched from Virgin Money and its so much better Switched from Virgin Money and the experience is light and day different, from the interest rates, app functionality, to interaction with a real human... Read more Reviewed on: 11th June 2026

Latest lowest rating:

1

Scammed for £43,821 Refused to Apply APP Protections Scammed for £43,821 – Bank Refused to Apply APP Protections I was the victim of a sophisticated bank impersonation scam and lost £43,821.59. Despite ... Read more Reviewed on: 31st March 2026

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About this product

With the Allica Bank business current account, you get 150 free Faster Payments a month.

The account is usually free but if your balance falls below an average of £10,000 in the previous month, you’ll be charged a £25 monthly fee. You’ll get a dedicated relationship manager to help with queries about your Allica Bank business current account.

Allica Bank business current account reviews help you find out what it’s really like to be a customer. If you’ve used Allica Bank before, you can also leave a review and share your experience.

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Allica Business current account reviews (713)

An amazing interest rate

I've had money in a high street business savings account for decades earning 0.05%. Looked to see if a better rate was possible and Allica offered an amazing 3.75% Needless to say I switched! Highly recommended, an easy account to open, great app, great customer service. A very happy customer! Reviewed on: 18th January 2023

Best rates & easy to use!

Why leave your business capital sitting in your high street bank? Allica is ideal to leave excess funds, safe as back by the FSCS & earn very competitive interest. I love how their platform is so easy to use & as rates go up, Alica is one of the 1st banks to improve rates occordinally. Reviewed on: 18th January 2023

Simple banking

Using Allica for business savings to earn competitive interest. We get our monthly interest and responsive customer service - simple as that. Reviewed on: 18th January 2023

Easy use banking service

I've used the bank for my small business for a few years and found it very easy to use. Reviewed on: 18th January 2023

Easy to set up and manage

Recommended, easy sign up process and useful online banking Reviewed on: 18th January 2023

Great service

Easy to use and very competitive rates Reviewed on: 18th January 2023

Solid modern business account but with rewards

Yesterday I had the odd experience of opening my Allica current account and seeing I’d been paid by the bank - a noticeable sum of money too. Love it. Reviewed on: 18th January 2023

Safe, simple and professional service from start to finish

Good online process, excellent website, good ratings. Can't fault the service Reviewed on: 18th January 2023

Good value and easy to use

The account opening was simple and painless and the app is very simple to use. Reviewed on: 18th January 2023

Excellent bank

Transactions are straightforward, and they are eacy to contact. I am kept informed but not bombarded with unnecessary spam. Reviewed on: 18th January 2023

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