Allica Bank is a financial institution specializing in business banking solutions tailored for established businesses in the UK. The company offers a range of services, including its Business Rewards Account, which is designed for businesses that have been incorporated for a minimum of 12 months and maintain a balance of £50,000 or more. This current account provides competitive interest rates, including an annual equivalent rate (AER) of 2.83%, with potential boosts based on account activity. Targeting Limited Companies, LLPs, partnerships, and sole traders operating in England, Scotland, and Wales, Allica Bank focuses on providing accessible banking solutions that cater to the specific needs of established enterprises. The bank also offers additional services related to asset financing, enabling businesses to leverage their hard, medium, and soft assets. Through its user-friendly platform and dedicated support, Allica Bank aims to enhance the banking experience for its customers.
Allica Bank receives overwhelmingly positive feedback from customers who appreciate the seamless account opening process and the attentive service provided by staff. Reviewers frequently highlight the professionalism and helpfulness of team members like Sadaf, Chris Webster, and Craig Graham, noting that their support makes switching banks easy and stress-free.
Many express satisfaction with the user-friendly app and the strong savings rates available. However, some customers report frustrations with communication, particularly regarding persistent emails and delays in response after filling out forms. Despite these minor complaints, the overall sentiment remains highly favorable, with most users praising Allica Bank as a refreshing alternative to traditional banks.
Summary generated with AI from recent reviews
Each source counts by its number of reviews. Only reviews written by people are scored.
| Source | Rating | Reviews | Weight | 6-mo | Fake risk |
|---|---|---|---|---|---|
Trustpilot Imported Trustpilot reviews | 4.6 | 60 | 100% | ● Low |
Monthly average rating from reviews written by people · latest review Sep 2025.
| Month | Average | Reviews |
|---|---|---|
| Aug 25 | 4.6 | 39 |
| Sep 25 | 4.6 | 21 |
Share of positive (4–5★) and negative (1–2★) reviews mentioning each topic · based on the 60 most recent reviews.
“Refreshing to deal with Louise who was passionate about the service she provides, as well as professional, knowledgea...”
“I filled in there form They came back we will contact you never had anything back I would not join now its a rubbish...”
Same method for every company: overall rating, legitimacy checks, the average rating of reviews mentioning each area and the 6-month trend · Finance & Insurance.
| Company | Overall | Legit | Service | Website & app | Trend | Reviews |
|---|---|---|---|---|---|---|
| 4.6 out of 5 (good) | 100 out of 100 | 4.7 out of 5 (good) | 4.0 out of 5 (good) | — | 60 | |
| 4.2 out of 5 (good) | 100 out of 100 | 3.3 out of 5 (fair) | 3.0 out of 5 (fair) | — | 1,200 | |
| 4.7 out of 5 (good) | 100 out of 100 | 4.7 out of 5 (good) | 4.6 out of 5 (good) | — | 1,060 | |
| 4.8 out of 5 (good) | 100 out of 100 | 4.9 out of 5 (good) | 4.7 out of 5 (good) | — | 1,060 | |
| 4.8 out of 5 (good) | 100 out of 100 | 4.7 out of 5 (good) | 4.0 out of 5 (good) | — | 1,060 |
Bottom line: Allica Bank is #4 of 5 on overall rating in this group. On website & app, JustCover Travel Insurance scores higher (4.7 vs 4.0).
60 reviews of Allica Bank. Filter by what matters to you.
Over a year ago
Sadaf was excellent in handling the process of opening my account. Thank you.
Over a year ago
Chris Webster was extremely helpful and kept me up to date on the opening of a new business account. Great having two Allica accounts now on my app which is very easy to use. Highly recommended.
Over a year ago
Refreshing to deal with Louise who was passionate about the service she provides, as well as professional, knowledgeable and with a friendly approach. Very helpful from start to finish, eliminating a... See more
Over a year ago
I’ve just switched my business account from my run of the mill, fee charging, non-communicative, can’t-get-thru-to-a-human, high street bank to Allica Bank . Totally seamless switch - even my payee li... See more
Quick answers to the questions people ask most.
Yes, Allica Bank is a legitimate company with a strong reputation, reflected in numerous positive reviews. Customers frequently highlight excellent service and support, achieving high ratings in their experiences.
No, Allica Bank is not a scam. The bank has numerous verified reviews showcasing positive customer feedback and satisfaction, indicating a commitment to genuine service.
Allica Bank primarily offers business banking services, including account management and savings options. Customers appreciate the seamless account opening process and supportive relationship managers.
Allica Bank provides various payment methods tailored to business needs, including online transfers and direct debits. This flexibility is often noted in customer reviews as a key benefit.
You can contact Allica Bank through their website, which offers various support options, including email and phone support. Customers have reported positive interactions with real people, ensuring assistance when needed.
Anyone can write a CrowdTrust review. People who write reviews have ownership to edit or delete them at any time, and they'll be displayed as long as an account is active.
Sadaf was excellent in handling the process of opening my account. Thank you.
Chris Webster was extremely helpful and kept me up to date on the opening of a new business account. Great having two Allica accounts now on my app which is very easy to use. Highly recommended.
Refreshing to deal with Louise who was passionate about the service she provides, as well as professional, knowledgeable and with a friendly approach. Very helpful from start to finish, eliminating any unwanted stress.
I’ve just switched my business account from my run of the mill, fee charging, non-communicative, can’t-get-thru-to-a-human, high street bank to Allica Bank . Totally seamless switch - even my payee list transferred over trouble free. No monthly charges, attractive interest rates on the savings pot, and cash back on the debit cards! It's a no brainer really. 100% Recommend switching whether it's a personal or business account! Now thinking of doing the same with our personal accounts.
Opening a new account and switching across from our previous business bank account has been 1000x easier than I expected and easier than opening an account with our previous bank, thanks to help from Louise Read who talked us through each step with clear information. We're impressed with business banking savings opportunities and rates. So far, our experience is that this is a great business banking product with fantastic customer support.
Wow they are annoying emails just never stop then they apologise for them but dont unsubscribe
Signed up a few days ago and the experience has been seamless. Have already unlocked strong savings rates for liquid capital. My experience has been aided a lot by the brilliant Fawad Ahmed, my Customer Success Executive.
Anna was excellent, she made it easy, constantly provided updates, and was there even after set-up.
Allica bank is an outstanding, professional, pragmatic bank. I have the pleasure of working with my fantastic relationship manager Craig Graham and Craig practically preformed magic, he put a deal that most lenders didn't have the understanding for together and delivered on time. The Allica bank credit team, management and support team all pulled to gether to deliver, unlike many other banks who have zero connection between departments. I f you are in business, you need to be with these guys.
I cannot compliment and thank Luke Veale at Allica enough. The service I received was so efficient, so helpful, so proactive, so caring and professional, how we hope business can and should be conducted but as we all know to well is is so rare to find nowadays. We required urgency and Luke found that gear. Allica should be Proud of Mr Luke Veale
Personal support and easy to use website.
Pavi and terry very helpful guiding me through the application process. Unlike other banks we contacted, we had real human beings who were helpful and attentive
So easy to set up with great account managers, could not be happier with the whole experience and look forward to start earning that interest.
WOW! What a wonderfully refreshing experience it is to deal with this bank. They have REAL PEOPLE to talk to - and they understand business! My application wasn't straightforward, due to registering two companies with the bank, yet Maria Khan took the time to understand our precise needs and requirements, growth trajectory and future plans, and she stayed on the application case right the way through. Maria is an absolute delight to deal with, and we are only too happy to recommend Allica Bank.
Opening a business bank account was incredibly easy and it'll be really useful to us. It was a super refreshing process actually having someone walk us through each step too on the phone (big thanks to Faith Medina Daniels). Thanks Allica!
So easy to deal with, the relationship manager allocated to our businesses is Hayley Jarvis, who couldn't possibly have been more professional, helpful and pleasant to deal with. I look forward to working with Hayley and her colleagues at Allica Bank and will certainly be recommending the service to other business contacts. Thank you so much!
WWe recently added Allica as our third business banking platform, and it has quickly become our preferred choice. The account opening was seamless, the transition smooth, the platform itself highly intuitive, and the interest rates and boosts extremely competitive. What truly sets Allica apart, however, is the level of personalised service. Having a dedicated Relationship Manager was a game-changer for us—something we had sorely missed with our other banking providers. Emily Hopkins has been outstanding: exceptionally responsive, proactive in supporting us with everything from day-to-day queries to presenting the business case to our board of trustees, and always available when needed. Her support has been invaluable. We’ve also been really impressed with Allica’s IT team. They genuinely listen to user feedback, actively seek ways to improve the experience, and even provide clear timelines on minor enhancements. It’s rare to find developers so open, approachable, and committed to delivering a platform that works for its customers. In short, Allica offers not just excellent financial products but also the kind of relationship-driven service and customer-first innovation that makes a real difference.
Filled out their form months ago. Heard nothing. Randomly today, had an email 10:57am saying thanks for the interest. Then one at 11:03am saying the company number wasn't recognised (email missing this despite providing). Then another at 11:16am saying we don't meet the criteria, despite this being met on their website. We suspect that our company name changed between sending the form in and when they've checked and it is a "computer says no" without a human actually doing anything. So much for the human touch they like to claim.
Allica Bank's personal approach, accessible customer service and worthwhile rates of interest on their business accounts are the main factors that persuaded me to switch after many years with one of the High Street banks. I now feel that my business is important! From my first enquiry to the opening of my accounts, the customer service has been excellent. A special thanks to Sunaina Bopanna, Matt Ellis and Charlotte Corcoran.
Allica is an online bank but with the responsiveness of how old fashioned banks used to be. They will talk to you (if you want) and what they say makes sense. They pay good interest and offer a comprehensive banking product, too. I've been particularly impressed by Ayan and Will at the bank, with both of whom I've had good experiences. Those experiences have encouraged me enough to write this positive review and to recommend the bank to other businesses that I know the owners of, two of whom have opened accounts and seem similarly impressed.
Allica Bank is a financial institution specializing in business banking solutions tailored for established businesses in the UK. The company offers a range of services, including its Business Rewards Account, which is designed for businesses that have been incorporated for a minimum of 12 months and maintain a balance of £50,000 or more. This current account provides competitive interest rates, including an annual equivalent rate (AER) of 2.83%, with potential boosts based on account activity. Targeting Limited Companies, LLPs, partnerships, and sole traders operating in England, Scotland, and Wales, Allica Bank focuses on providing accessible banking solutions that cater to the specific needs of established enterprises. The bank also offers additional services related to asset financing, enabling businesses to leverage their hard, medium, and soft assets. Through its user-friendly platform and dedicated support, Allica Bank aims to enhance the banking experience for its customers.
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