Allica Bank

4th Floor, 164 Bishopsgate, EC2M 4LX, London, GB
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4.50
Based on 742 Reviews

5

85.71%

4

4.72%

3

1.75%

2

1.75%

1

6.06%
About Allica Bank

Allica is a bank built especially for established businesses with between 5 and 250 employees. A third of the UK’s economy depends on these businesses, yet they’re overlooked by the big banks with a service that is increasingly impersonal, inconvenient, and poor value. We're here to change that. Allica Bank is on a mission to give established businesses the banking they deserve. That means: a business current account that rewards business owners for using it. a relationship manager whose name and number they actually know. powerful tools and technology that make life easier, not harder. It’s proving to be a winning combination. Allica was named as Britain's fastest-growing private company in 2024’s The Sunday Times 100, and we’re also the fastest-growing fintech in the 26-year history of Deloitte’s UK Technology Fast 50 awards. Since we opened our doors in 2020, Allica has lent over £3 billion to established UK businesses and raised £4 billion in deposits. From our offices in Milton Keynes, London and Manchester, we’re offering business banking how it used to be, just better.

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Mario
United Kingdom | 28 October 2024

Applied to the Allica for a Business Account as referred by a friend (Agata R.). What I got exceed expectactions!

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Rocky Flintstone
United Kingdom | 28 October 2024

Ease of opening the accounts. Thx Richard.

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Talwinder PATARA
United Kingdom | 28 October 2024

Transactions are very easy to carry out and great help from Relationship Manager

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Barrie Dowsett
Cape Verde | 28 October 2024

We have been with Allica Bank for about three months after switching away from Santander due to customer wait times. So far, so good. We have had no need to contact the business manager yet, so it will be interesting to see what extra support and added value advice they can provide. We are making good use of the rewards package. The only thing stopping me from giving five stars is that you can't add the card to Google Wallet or Apple Pay.

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Paul Murphy
United Kingdom | 28 October 2024

Th app is super simple to use, the interest rates are incredible for savings and it seems like this young bank are off to an exciting start.

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GK
United Kingdom | 28 October 2024

GREAT COMMS, SPEEDY PROCESS

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Carrianne
United Kingdom | 28 October 2024

Fantastic Services! I met Simon at Accountex London in May this year and he has been pivotal in helping my clients with their banking needs. Many clients lack trust in banks as there has been no support or lack of communication and Simon has helped regain their trust again in banks and has gone over and above to help Clients with their setup and ongoing support! I look forward to our continuing relationship!

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David Hay
United Kingdom | 25 October 2024

Allica Bank = Top tier business savings interest rates (instant access) A dedicated relationship manager (not robots!) A very clean and easy (and highly rated) app It is the best all round business banking experience I have come across. Thank you to Will for making the transfer across so easy! I highly recommend 5/5.

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Ben McFadden
United Kingdom | 25 October 2024

Smooth and efficient transfer. Account manager was great and refreshing to talk to a human rather than AI

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Nicholas Rubakumar
United Kingdom | 25 October 2024

I was very sceptical when AIB bank moved my accounts to Allica, but no regrets what so ever. Managing the accounts is so simple with Allica and all my queries are solved over a phone call

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Scott
United Kingdom | 24 October 2024

Quick, efficient, friendly and good products.

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FUAT SARI
United Kingdom | 24 October 2024

lady who dealed with us made it so much easier to open the account

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Ian Jolley
United Kingdom | 24 October 2024

Following an email request, I actually got a call from a human being who sorted my issue (changing linked account) immediately and was friendly, polite, efficient and professional. A breath of fresh air in this day of chatbots and automatons.

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Tom Kilroy
United Kingdom | 24 October 2024

I transferred my Business Bank Account from Starling to Allica and I'm fairly satisfied in the main. Just a couple of frustrations which should be attended to. Firstly, the App and Website needs updated with an effective `Search' button as it far too laborious scrolling down every transaction. My Starling Account had this facility and was able to identify all my transactions by category, payee etc. I sorely miss this. My second frustration is that my Allica card is still not accepted on the Apple Wallet so am unable to pay using my phone. My account manager did say this was being developed but so far nothing.

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William Tivendale
United Kingdom | 24 October 2024

Not the best business bank! Very slow to respond to everything. Customer relations is hit and miss. Still waiting for the return of the overdraft facility they chopped off us because I changed my email address. Their representative did not think to call our business or my business partner. 6+ months further on and we wait…. Not chasing them as it’s not worth the effort. The app is inferior in comparison to Bank of Scotland’s which can do so much more than Allica’s.

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Mrs S
United Kingdom | 24 October 2024

Thanks to Matt Ellis for excellent and professional service. He went the extra mile to make sign up super easy for a busy business manager!

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John
United Kingdom | 23 October 2024

I moved here from Barclays it’s like coming out of the dark ages with interest!

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Gurj Puna
United Kingdom | 23 October 2024

Good but they need Apple Pay support asap

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al taqwa
United Kingdom | 23 October 2024

poor customer service unable to get hold of relationship manager when needed. suspended my app access without informing

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Daniel Belcher
United Kingdom | 23 October 2024

Easy to use! So far so good

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