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Allica Bank VS Amaiz: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Allica Bank or Amaiz better for your small business?



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Below we look at both Allica Bank and Amaiz reviews on Trustpilot along with their App reviews from Apple and Google.

We then look at typical fees, business savings rates, foreign currency options and a whole bunch of other account features to help you make up your mind.

Allica Bank Homepage
Allica Bank Homepage


Amaiz Homepage
Amaiz Homepage
 

Allica Bank vs Amaiz Trustpilot Reviews

Allica BankAmaiz
Trustpilot Review Score (out of 5)4.54.1
Percent 5-Star Reviews76%68%
Percent 1- Star Reviews6%20%
Total Number of Reviews815168
Sources:
https://www.trustpilot.com/review/www.allica.bank
https://www.trustpilot.com/review/amaiz.com

Allica Bank vs Amaiz App Reviews

Allica BankAmaiz
iPhone Review Score (out of 5)4.8No Rating
Number of iPhone Reviews503No Reviews
Android Review Score (out of 5)4.4No Rating
Number of Android Reviews107No Reviews
Sources:
https://apps.apple.com/gb/app/allica-bank/id1489138340
https://www.apple.com/uk/app-store/

Allica Bank vs Amaiz Account Fees & Charges

Allica BankAmaiz
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account FeeNo£49
Most Expensive Monthly Account FeeNo£99
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)FreeFree
Cheques (in/out)UnknownFree
CHAPS Payments Cost£20£15
SEPA Payments CostNo£3

Allica Bank vs Amaiz Business Savings Rates

Allica BankAmaiz
Types of Business Savings AccountsEasy Access, Notice AccountNone
Lowest Savings Rate (AER)3.65%NA
Maximum Savings Rate (AER)5.10%NA
Minimum Savings Amount£20,000NA
Interest Paid On Foreign CurrenciesNoYes
 

Allica Bank vs Amaiz Account Opening Times

Allica BankAmaiz
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
3 to 5 Working daysFew minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesYes

Allica Bank vs Amaiz Features & Account Types

Allica Bank Account Types
Allica Bank Features & Account Types


Amaiz Account Types
Amaiz Features & Account Types


Allica BankAmaiz
Business Current AccountYesYes
Business Savings AccountYesNo
Business Credit CardNoNo
Business OverdraftYesNo
Accounts For StartupsNoYes
Accounts For CharitiesNoYes
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableNoNo
Card TypeVisaMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsMilton Keynes, London and ManchesterNone, online only

Allica Bank vs Amaiz Customer Support Options

Allica BankAmaiz
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesNo
Web Based SupportYesYes
In person Customer SupportYesNo

Allica Bank vs Amaiz Foreign Currency Accounts

Allica BankAmaiz
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:No
  • EUR (Euro)
  • USD (US Dollar)
  • AUD (Australian Dollar)
  • CAD (Canadian Dollar)
  • CHF (Swiss Franc)
  • JPY (Japanese Yen)
  • NZD (New Zealand Dollar)
  • PLN (Polish Zloty)
  • RON (Romanian Leu)
  • SEK (Swedish Krona)
  • TRY (Turkish Lira)

Other Business Services From Allica Bank and Amaiz

Allica Bank Account Types
Other Allica Bank Services


Amaiz Account Types
Other Amaiz Services


Allica BankAmaiz
Business LoansYesNo
Commercial MortgagesYesNo
Invoice FinancingYesNo
International PaymentsYesYes
Merchant Payment ServicesNoYes
Card MachinesNoNo
Free Accounting SoftwareNoYes

Allica Bank vs Amaiz Banking Basics

Allica BankAmaiz
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number821851900857
WebsiteAllica Bank WebsiteAmaiz Website

Common Comparison Questions

Does Allica Bank or Amaiz have better customer reviews?

Allica Bank scores 4.5 out of 5 based 815 Trustpilot reviews. Of these reviews 76% are 5-star and 6% are 1-star.

Whereas, Amaiz scores 4.1 out of 5 based 168 Trustpilot reviews. Of which 68% are 5-star and 20% are 1-star.

Does Allica Bank or Amaiz have a better App?

Allica Bank’s iPhone App is rated 4.8 out of 5 based on 503 reviews. And it’s Android App is rated 4.4 out of 5 based on 107 reviews.

In comparison, Amaiz’s iPhone App is rated No Rating out of 5 based on No Reviews reviews. And it’s Android App is rated No Rating out of 5 based on No Reviews reviews.

Does Allica Bank or Amaiz have better business savings rates?

Allica Bank offers the following types of business savings accounts: Easy Access, Notice Account with interest rates ranging from 3.65% to 5.10%. (AER)

In contrast, Amaiz offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Allica Bank vs ICICI Bank UK
Allica Bank vs Intergiro
Allica Bank vs GoSolo
Allica Bank vs 3S Money
Allica Bank vs MultiPass


For other business bank accounts see our guide here.

 



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