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Allica: Savings reviews

Name: Savings
Rating: 4.82 (1313 reviews)

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4.82

Based on 1,313 reviews, last reviewed 11th Mar 2025

100% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

85%

13%

Latest highest rating:

5

Good saving rates, excellent personalised service Good saving rates, excellent personalised service Reviewed on: 11th March 2025

Latest lowest rating:

1

Business struggle. I have a business account with this bank. I am now one week. I can’t access my online banking all the time. I contact you with the customer service te... Read more Reviewed on: 21st May 2024

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About this product

Allica bank, a new UK-based bank, now offers retail savings accounts. If you'd like to share your Allica savings review, then please go ahead! You'll be helping our community find out more about this new kid on the savings block!

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Allica Savings reviews (1313)

happy customer

was easy to set up the account, only get the necessary correspondence and the interest return is quite decent. very happy. Reviewed on: 4th February 2024

So easy to use and amazing rates

So easy to use and amazing rates Reviewed on: 4th February 2024

Easy to arrange fixed term investment

The process of investing with Allica was quick and easy and all done online. They offered a good rate for the fixed term investment. I'm happy to recommend Allica to family and friends for their own savings needs. Reviewed on: 4th February 2024

It great for savings and easy to set up

It was easy to set up a savings account and they always kept me well informed Reviewed on: 4th February 2024

Easy to use website.

Easy to use website. MFA needed to login and check account details Reviewed on: 4th February 2024

We’ve found Allica’s service excellent.

We’ve found Allica’s service excellent. Their online banking is easy to use and account very quick and straightforward to use. Thank you for fantastic service. Reviewed on: 4th February 2024

Penny pinching cheapskates AVOID

I noticed on the day that my fixed term deposit matured that Allica were offering a higher rate to new depositors than I was being offered for extending the term of my existing investment. When I contacted them and asked them to honor the new rate on my funds, they refused telling me that I should have contacted them before the day of maturity, they also refused to allow me to withdraw my funds.. With all of the many other banks that I have dealt with the policy is to pass on any increase in rates during the period that reinvestment instructions have been given and maturity date, not so here. Consequently I am more than £150 out of pocket and looking forward to moving my money away from these thieves at the earliest opportunity. Reviewed on: 3rd February 2024

informative and reliable

Only dealt with them twice. They seem competent and informative. Reviewed on: 3rd February 2024

Easy account opening and a good check for identity.

Easy account opening and a good check for identity. Good rates of interest . Customer service is quick and helpful. Reviewed on: 3rd February 2024

Investing in building financial security

Good interest rate. Refreshing knowing the money is made available for new businesses. Reviewed on: 3rd February 2024

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