Allica Bank Reviews 

1,874
TrustScore 4.5 out of 5

4.6

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Review summary

Created with AI, based on recent reviews

Evaluating 358 reviews, reviewers overwhelmingly had a great experience with this company. Customers frequently praise the dedicated account managers for providing highly personalized guidance, making daily interactions pleasant, and ensuring the transition and onboarding process remains exceptionally smooth and efficient. People also highlight the user-friendly digital platform, noting that managing business accounts online is straightforward and paired with attractive interest rates. Some reviewers were not happy with communication issues, mentioning long waiting times, unreturned calls, or ignored messages when attempting to reach customer support. A few other people also felt that certain onboarding procedures were disorganized, complicated, or painfully slow to finalize.

What people talk about most

Staff

Consumers find staff to be positive, helpful, and professional throughout the account setup and onboarding... See more

Service

Reviewers highlight positive aspects of service, describing the overall experience as extremely satisfying... See more

Customer service

Users describe positive interactions with customer service, highlighting the personal support and dedicated... See more

User experience

People report positive experiences with user_experience, highlighting a straightforward and effortless... See more

Response time

Clients share positive opinions on response_time, frequently highlighting prompt and helpful communication... See more

Reviews shaping this summary

Rated 5 out of 5 stars

I was fortunate that I met Isla Everett at Allica Bank who supported me all the way through the quite simple process of opening a business current and savings account with Allica Bank. Not o... See more

Rated 5 out of 5 stars

We've just moved to Allica Bank and the process couldn't have been more straightforward. We moved some money into the savings account just before the month end and were delighted to earn £20 interest... See more

Rated 5 out of 5 stars

so easy to talk to no hidden agendas if fact i still cant believe how much they can save me on bank charges and now gaining more interest then ever before on my savings. i would recommend to all... See more

Rated 5 out of 5 stars

I rarely write reviews, but felt inclined to do so, as I am thrilled with my new business banking experience. Allica bank fits my banking needs like a glove, allowing multiple accounts, which is a mus... See more


Company details

  1. Bank

About Allica Bank

Written by the company

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.


Contact info

4.6

Excellent

TrustScore 4.5 out of 5

2k reviews

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4.6

All reviews

(1,874)

361 reviews in the last 12 months

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Rated 5 out of 5 stars

Excellent service

I have been assisted by Simon Loft, the National Key Account Manager and Boni Chakanyuka a Partnership Associate during the set up of my Business Rewards account. Both have been excellent, very knowledgeable.
Would definitely recommend!

5 May 2026
Unprompted review
Rated 5 out of 5 stars

Henok has been great from the get go

Henok has been great from the get go. Our business accounts and general support has been on a 1 to 1 basis. Henoks continued support makes things easy for us as a business as we can just pick up the phone and discuss things directly. Clarity and understanding when banking is always a bonus!

1 May 2026
Unprompted review
Rated 5 out of 5 stars

Allica Bank - amazing

The experience with Allica has been first class from start to finish. Dan Kilsby, in particular, has been amazing. He’s communication and attention to detail have been impeccable. The whole process has been smooth. It’s how banking should and was traditionally. When Dan went away on holiday, the team handled matters expertly - from Eugene to the customer support was very much appreciated.

1 April 2026
Unprompted review
Rated 5 out of 5 stars

Much easier than you think!

Much easier and more seamless than I expected and Ayan Butt my initial advisor was super knowledgeable! The app is quicker and less fiddly than Lloyds, no more card readers, over 4% on my cash balance and significantly less fees when paying people in Europe. Thank you!

12 February 2026
Unprompted review
Rated 1 out of 5 stars

No search functionality

Good bank. Awful app. You cannot even search for transactions which makes business banking tricky. Our relationship manager tells me it's on the list for them to develop. Unacceptably poor.

22 April 2026
Unprompted review
Rated 1 out of 5 stars

Poor

I've banked with Barclays since childhood and am not planning to move my personal account but I wasn't happy with my business account. I'd seen a lot of advertising from Allica so started the process of opening a business account. After completing the initial application I had a call from one of their team within a day or two to continue the application, but I couldn't speak at that point because I was in a meeting. The lady said she'd call me back the next day at 11am but no call came. Then I got an email asking me to book a call with somebody called Faith. I duly went through the online process of booking a call but when it was due, and I was sat there waiting, no call arrived! Now I've had yet another email asking me to continue my application by booking another call but I'm not wasting any more of my time. There is little point of all the advertising when they book calls with you but then don't call back. In my view its a really bad sign of how you'll be treated when you become a customer. I'm now looking at Revolut, Tide, Starling and some of the others to see how they perform instead.

14 April 2026
Unprompted review
Rated 5 out of 5 stars

Excellent business onboarding…

Excellent business onboarding experience.

App is user friendly, we get interest on savings, and generally looking forward to the full switch in the coming week.

Thumbs up to Faith Medina for guiding through the process.

21 April 2026
Unprompted review
Rated 5 out of 5 stars

Business Account Switch

Having recently made the switch for my business account to Allica Bank i have to say that the platform is a huge step up from my previous bank and the service has been top notch.
Special thanks to my account manager Henok Aklilu who has been on hand at all times to help with my raft of questions when making the move, and who provided guidance and regular check ins on all steps in the process!

17 April 2026
Unprompted review
Rated 5 out of 5 stars

Shout out to Henok Aklilu!

Switched from Tide to Allica for the interest rates but I must say we will be staying for the long haul and the process has been a delight. Mainly hands off from our side as our contact Henok Aklilu dealt with every step for us! Lovely guy and he kindly reminded us that every day we were delaying we were losing free money! Looking at finance options, the Allica eco-system will definitely be where we go. Thanks again Henok

5 March 2026
Unprompted review
Rated 5 out of 5 stars

Compared to others Allica Bank stands out

Having experience of all the major banks (plus a few challanger banks) covering many businesses it was a delight to find Allica Bank. The service level Allica Bank achieves should in my opinion, be the aspiration of all banks. Thank you in particular to Brodie for guiding us through opening several accounts to date - with more to follow soon.

14 April 2026
Unprompted review
Rated 5 out of 5 stars

Allica is tops

To receive personal attention from a bank at all is a rarity these days, but the service from Allica Bank is from the golden age of banking. Just superb!

13 April 2026
Unprompted review
Rated 5 out of 5 stars

Account Application - Brodie Scott

When I applied to open an account with Allica Bank I was assigned to Brodie Scott to take me through the process.
Brodie responded to my request quickly and efficiently and was in constant contact throughout the process.
Once my application was approved she called and took me through the onboarding process. She was a pleasure to deal with - Thank You Brodie

13 April 2026
Unprompted review
Rated 5 out of 5 stars

Great Service, Positive attitude, Great Product

We were immediately impressed following our first introduction to Allica
Our relationship manager Andrew was extremely positive and helpful with a ‘can do’ approach from the very first meeting.
Extremely professional and thorough but with the mind set of ‘we can help you’ when other banks had said no.

2 March 2026
Unprompted review

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