Is Allica Bank or CardOneMoney better for your small business?
Below we look at both Allica Bank and CardOneMoney 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 vs CardOneMoney Trustpilot Reviews
Allica Bank | CardOneMoney | |
Trustpilot Review Score (out of 5) | 4.5 | 4.6 |
Percent 5-Star Reviews | 76% | 85% |
Percent 1- Star Reviews | 6% | 9% |
Total Number of Reviews | 815 | 798 |
https://www.trustpilot.com/review/www.allica.bank
https://www.trustpilot.com/review/cardonemoney.com
Allica Bank vs CardOneMoney App Reviews
Allica Bank | CardOneMoney | |
iPhone Review Score (out of 5) | 4.8 | 2.7 |
Number of iPhone Reviews | 503 | 61 |
Android Review Score (out of 5) | 4.4 | 3.9 |
Number of Android Reviews | 107 | 200 |
https://apps.apple.com/gb/app/allica-bank/id1489138340
https://apps.apple.com/gb/app/card-one-money/id1133870045
Allica Bank vs CardOneMoney Account Fees & Charges
Allica Bank | CardOneMoney | |
Free Business Bank Account | No | No |
Free Business Account Term Length | NA | NA |
Cheapest Monthly Account Fee | No | £12.50 |
Most Expensive Monthly Account Fee | No | £25 |
Electronic Payment Cost (in/out) | Free | Free |
Cash Payments Cost (in/out) | Free | £1.50 |
Cheques (in/out) | Unknown | £5 |
CHAPS Payments Cost | £20 | £30 |
SEPA Payments Cost | No | No |
Allica Bank vs CardOneMoney Business Savings Rates
Allica Bank | CardOneMoney | |
Types of Business Savings Accounts | Easy Access, Notice Account | None |
Lowest Savings Rate (AER) | 3.65% | NA |
Maximum Savings Rate (AER) | 5.10% | NA |
Minimum Savings Amount | £20,000 | NA |
Interest Paid On Foreign Currencies | No | Yes |
Allica Bank vs CardOneMoney Account Opening Times
Allica Bank | CardOneMoney | |
Can You Apply Online? | Yes | Yes |
How Long Does Opening An Account Typically Take? | 3 to 5 Working days | 3 hours |
Do They Check Your Credit? | Yes | No |
Current Account Switch Service | Yes | No |
Allica Bank vs CardOneMoney Features & Account Types


Allica Bank | CardOneMoney | |
Business Current Account | Yes | Yes |
Business Savings Account | Yes | No |
Business Credit Card | No | No |
Business Overdraft | Yes | No |
Accounts For Startups | No | Yes |
Accounts For Charities | No | No |
Accounts For Sole Traders | Yes | Yes |
Joint Business Accounts Available | No | No |
Card Type | Visa | Mastercard |
Online Banking | Yes | Yes |
Mobile Banking | Yes | Yes |
In Person/Branch Banking | Yes | No |
Branch Locations | Milton Keynes, London and Manchester | None, online only |
Allica Bank vs CardOneMoney Customer Support Options
Allica Bank | CardOneMoney | |
Phone Support Available | Yes | Yes |
Email Support Available | Yes | Yes |
App Based Support | Yes | Yes |
Web Based Support | Yes | Yes |
In person Customer Support | Yes | No |
Allica Bank vs CardOneMoney Foreign Currency Accounts
Allica Bank | CardOneMoney | |
US Dollar (USD) Bank Accounts | No | Yes |
Euro (EUR) Bank Accounts | No | Yes |
Other Currencies Available: | No |
|
Other Business Services From Allica Bank and CardOneMoney


Allica Bank | CardOneMoney | |
Business Loans | Yes | Yes |
Commercial Mortgages | Yes | Yes |
Invoice Financing | Yes | Yes |
International Payments | Yes | Yes |
Merchant Payment Services | No | No |
Card Machines | No | No |
Free Accounting Software | No | No |
Allica Bank vs CardOneMoney Banking Basics
Allica Bank | CardOneMoney | |
Bank Type | Challenger | Challenger |
FSCS Protection | Yes, up to £85,000 | No |
FCA Number | 821851 | 504547 |
Website | Allica Bank Website | CardOneMoney Website |
Common Comparison Questions
Does Allica Bank or CardOneMoney 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, CardOneMoney scores 4.6 out of 5 based 798 Trustpilot reviews. Of which 85% are 5-star and 9% are 1-star.
Does Allica Bank or CardOneMoney 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, CardOneMoney’s iPhone App is rated 2.7 out of 5 based on 61 reviews. And it’s Android App is rated 3.9 out of 5 based on 200 reviews.
Does Allica Bank or CardOneMoney 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, CardOneMoney offers None accounts with interest rates ranging from NA to NA (AER).
See Other Comparisons:Allica Bank vs Fair Everywhere
Allica Bank vs Countingup
Allica Bank vs State Bank of India (UK)
Allica Bank vs Charity Bank
Allica Bank vs Cumberland Building Society
For other business bank accounts see our guide here.