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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)

A very efficient and commendable service

A commercial thinking, no fuss service from people that understand asset finance - and strive to provide a first class service . Reviewed on: 17th February 2022

Great support to Brokers

Experienced team at Allica providing an excellent service. Great to see them come in to our market Reviewed on: 17th February 2022

Modern & Simple

The number one priority, underneath all the essentials, is simplicity. Make it easy to do business, make the process simpler and, please, no unfillable pdf forms! We are all short of time these days and need finance firms who just make life a little simpler. Reviewed on: 17th February 2022

Out of box thinking with simple, swift delivery

As the title says - I can always rely upon Michael and Jay to be swift and professional in their approach. They will drive a case through and always work to overcome challenges,. What more could you want from a lender. Reviewed on: 17th February 2022

Refreshingly Straightforward Commercial Lender

Night & day comparison to traditional high street banks with Allica providing quick decisions, and straightforward processes. Highly recommended Reviewed on: 17th February 2022

Great Relationship

When ever I have dealings with Allica, I find their customer service top class. I find them friendly and personable and they are always on hand to discuss cases and they have an openminded view on most cases. Reviewed on: 17th February 2022

So far the best lender who understands and delivers in commercial finance segment

I have dealt with a number of commercial lenders as an administrator but so far Allica Bank is the best as they deliver what they promise, plus they have a more bespoke and human underwriting which makes it easier for the client to explain and provide the requirements. The BDM team is one responsible for the commendable service as they are involved with the case even when it is with credit team or with solicitors. Reviewed on: 17th February 2022

Fast Flexible Commercial lender

Great communication and quick decisions. Reviewed on: 17th February 2022

1st Class Service for introducers and clients

Having been in the commercial mortgage space for over 20 years it is refreshing when a new lender comes on board and delivers what they say they will - No long drawn out No's - If they say yes you can pretty much guarantee the deal will be done for the client (and in a timely manner!) Reviewed on: 17th February 2022

Easy Peasy

Getting the offer out first is a weight off the minds of the client and the broker. Everything else is speedy there afterwards. They cover a lot of asset types that others wont and that's why we use Allica. Reviewed on: 17th February 2022

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