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Allica Bank VS CardOneMoney: Business Banking Review & Fee Comparison


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

Is Allica Bank or CardOneMoney better for your small business?



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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 Homepage
Allica Bank Homepage


CardOneMoney Homepage
CardOneMoney Homepage
 

Allica Bank vs CardOneMoney Trustpilot Reviews

Allica BankCardOneMoney
Trustpilot Review Score (out of 5)4.54.6
Percent 5-Star Reviews76%85%
Percent 1- Star Reviews6%9%
Total Number of Reviews815798
Sources:
https://www.trustpilot.com/review/www.allica.bank
https://www.trustpilot.com/review/cardonemoney.com

Allica Bank vs CardOneMoney App Reviews

Allica BankCardOneMoney
iPhone Review Score (out of 5)4.82.7
Number of iPhone Reviews50361
Android Review Score (out of 5)4.43.9
Number of Android Reviews107200
Sources:
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 BankCardOneMoney
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account FeeNo£12.50
Most Expensive Monthly Account FeeNo£25
Electronic Payment Cost (in/out)FreeFree
Cash Payments Cost (in/out)Free£1.50
Cheques (in/out)Unknown£5
CHAPS Payments Cost£20£30
SEPA Payments CostNoNo

Allica Bank vs CardOneMoney Business Savings Rates

Allica BankCardOneMoney
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 CardOneMoney Account Opening Times

Allica BankCardOneMoney
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
3 to 5 Working days3 hours
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesNo

Allica Bank vs CardOneMoney Features & Account Types

Allica Bank Account Types
Allica Bank Features & Account Types


CardOneMoney Account Types
CardOneMoney Features & Account Types


Allica BankCardOneMoney
Business Current AccountYesYes
Business Savings AccountYesNo
Business Credit CardNoNo
Business OverdraftYesNo
Accounts For StartupsNoYes
Accounts For CharitiesNoNo
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 CardOneMoney Customer Support Options

Allica BankCardOneMoney
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

Allica Bank vs CardOneMoney Foreign Currency Accounts

Allica BankCardOneMoney
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:No
  • United States Dollar (USD)
  • Euro (EUR)
  • Japanese Yen (JPY)
  • Chinese Yuan (CNY)
  • Swiss Franc (CHF)
  • Canadian Dollar (CAD)
  • Australian Dollar (AUD)
  • New Zealand Dollar (NZD)

Other Business Services From Allica Bank and CardOneMoney

Allica Bank Account Types
Other Allica Bank Services


CardOneMoney Account Types
Other CardOneMoney Services


Allica BankCardOneMoney
Business LoansYesYes
Commercial MortgagesYesYes
Invoice FinancingYesYes
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Allica Bank vs CardOneMoney Banking Basics

Allica BankCardOneMoney
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number821851504547
WebsiteAllica Bank WebsiteCardOneMoney 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.

 



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