Is Allica Bank or Charity Bank better for your small business?
Below we look at both Allica Bank and Charity Bank 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 Charity Bank Trustpilot Reviews
Allica Bank | Charity Bank | |
Trustpilot Review Score (out of 5) | 4.5 | 3.3 |
Percent 5-Star Reviews | 76% | 33% |
Percent 1- Star Reviews | 6% | 34% |
Total Number of Reviews | 815 | 3 |
https://www.trustpilot.com/review/www.allica.bank
https://www.trustpilot.com/review/charitybank.org
Allica Bank vs Charity Bank App Reviews
Allica Bank | Charity Bank | |
iPhone Review Score (out of 5) | 4.8 | No Rating |
Number of iPhone Reviews | 503 | No Reviews |
Android Review Score (out of 5) | 4.4 | No Rating |
Number of Android Reviews | 107 | No Reviews |
https://apps.apple.com/gb/app/allica-bank/id1489138340
https://www.apple.com/uk/app-store/
Allica Bank vs Charity Bank Account Fees & Charges
Allica Bank | Charity Bank | |
Free Business Bank Account | No | No |
Free Business Account Term Length | NA | NA |
Cheapest Monthly Account Fee | No | Free |
Most Expensive Monthly Account Fee | No | Free |
Electronic Payment Cost (in/out) | Free | No |
Cash Payments Cost (in/out) | Free | Free |
Cheques (in/out) | Unknown | Free |
CHAPS Payments Cost | £20 | £10 |
SEPA Payments Cost | No | 20p |
Allica Bank vs Charity Bank Business Savings Rates
Allica Bank | Charity Bank | |
Types of Business Savings Accounts | Easy Access, Notice Account | CITR accounts, Easy Access, Notice Accounts, Fixed Account |
Lowest Savings Rate (AER) | 3.65% | 2.02% |
Maximum Savings Rate (AER) | 5.10% | 4.51% |
Minimum Savings Amount | £20,000 | £1,000 |
Interest Paid On Foreign Currencies | No | No |
Allica Bank vs Charity Bank Account Opening Times
Allica Bank | Charity Bank | |
Can You Apply Online? | Yes | Yes |
How Long Does Opening An Account Typically Take? | 3 to 5 Working days | Undisclosed |
Do They Check Your Credit? | Yes | Yes |
Current Account Switch Service | Yes | Yes |
Allica Bank vs Charity Bank Features & Account Types


Allica Bank | Charity Bank | |
Business Current Account | Yes | Yes |
Business Savings Account | Yes | Yes |
Business Credit Card | No | No |
Business Overdraft | Yes | No |
Accounts For Startups | No | Yes |
Accounts For Charities | No | Yes |
Accounts For Sole Traders | Yes | Yes |
Joint Business Accounts Available | No | Yes |
Card Type | Visa | Mastercard |
Online Banking | Yes | Yes |
Mobile Banking | Yes | No |
In Person/Branch Banking | Yes | No |
Branch Locations | Milton Keynes, London and Manchester | Tonbridge |
Allica Bank vs Charity Bank Customer Support Options
Allica Bank | Charity Bank | |
Phone Support Available | Yes | Yes |
Email Support Available | Yes | Yes |
App Based Support | Yes | No |
Web Based Support | Yes | Yes |
In person Customer Support | Yes | No |
Allica Bank vs Charity Bank Foreign Currency Accounts
Allica Bank | Charity Bank | |
US Dollar (USD) Bank Accounts | No | No |
Euro (EUR) Bank Accounts | No | No |
Other Currencies Available: | No | No |
Other Business Services From Allica Bank and Charity Bank


Allica Bank | Charity Bank | |
Business Loans | Yes | Yes |
Commercial Mortgages | Yes | Yes |
Invoice Financing | Yes | No |
International Payments | Yes | Yes |
Merchant Payment Services | No | No |
Card Machines | No | No |
Free Accounting Software | No | No |
Allica Bank vs Charity Bank Banking Basics
Allica Bank | Charity Bank | |
Bank Type | Challenger | Challenger |
FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
FCA Number | 821851 | 207701 |
Website | Allica Bank Website | Charity Bank Website |
Common Comparison Questions
Does Allica Bank or Charity Bank 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, Charity Bank scores 3.3 out of 5 based 3 Trustpilot reviews. Of which 33% are 5-star and 34% are 1-star.
Does Allica Bank or Charity Bank 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, Charity Bank’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 Charity Bank 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, Charity Bank offers CITR accounts, Easy Access, Notice Accounts, Fixed Account accounts with interest rates ranging from 2.02% to 4.51% (AER).
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For other business bank accounts see our guide here.