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Allica Bank VS Countingup: Business Banking Review & Fee Comparison


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

Is Allica Bank or Countingup better for your small business?



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Below we look at both Allica Bank and Countingup 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


Countingup Homepage
Countingup Homepage
 

Allica Bank vs Countingup Trustpilot Reviews

Allica BankCountingup
Trustpilot Review Score (out of 5)4.54.4
Percent 5-Star Reviews76%81%
Percent 1- Star Reviews6%9%
Total Number of Reviews8152,382
Sources:
https://www.trustpilot.com/review/www.allica.bank
https://www.trustpilot.com/review/countingup.com

Allica Bank vs Countingup App Reviews

Allica BankCountingup
iPhone Review Score (out of 5)4.84.7
Number of iPhone Reviews5032,800
Android Review Score (out of 5)4.44.5
Number of Android Reviews1071,300
Sources:
https://apps.apple.com/gb/app/allica-bank/id1489138340
https://apps.apple.com/gb/app/countingup-business-account/id1286828618

Allica Bank vs Countingup Account Fees & Charges

Allica BankCountingup
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account FeeNo£3
Most Expensive Monthly Account FeeNo£18
Electronic Payment Cost (in/out)Free30p
Cash Payments Cost (in/out)Free£1
Cheques (in/out)UnknownFree
CHAPS Payments Cost£20No
SEPA Payments CostNoNo

Allica Bank vs Countingup Business Savings Rates

Allica BankCountingup
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 Countingup Account Opening Times

Allica BankCountingup
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
3 to 5 Working days5 minutes
Do They Check Your Credit?YesNo
Current Account Switch ServiceYesYes

Allica Bank vs Countingup Features & Account Types

Allica Bank Account Types
Allica Bank Features & Account Types


Countingup Account Types
Countingup Features & Account Types


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

Allica Bank vs Countingup Customer Support Options

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

Allica Bank vs Countingup Foreign Currency Accounts

Allica BankCountingup
US Dollar (USD) Bank AccountsNoYes
Euro (EUR) Bank AccountsNoYes
Other Currencies Available:No
  • GBP (British Pound)
  • EUR (Euro)
  • USD (US Dollar)
  • CAD (Canadian Dollar)
  • AUD (Australian Dollar)
  • NZD (New Zealand Dollar)
  • CHF (Swiss Franc)
  • SEK (Swedish Krona)
  • DKK (Danish Krone)
  • NOK (Norwegian Krone)

Other Business Services From Allica Bank and Countingup

Allica Bank Account Types
Other Allica Bank Services


Countingup Account Types
Other Countingup Services


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

Allica Bank vs Countingup Banking Basics

Allica BankCountingup
Bank TypeChallengerChallenger
FSCS ProtectionYes, up to £85,000No
FCA Number821851900010
WebsiteAllica Bank WebsiteCountingup Website

Common Comparison Questions

Does Allica Bank or Countingup 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, Countingup scores 4.4 out of 5 based 2,382 Trustpilot reviews. Of which 81% are 5-star and 9% are 1-star.

Does Allica Bank or Countingup 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, Countingup’s iPhone App is rated 4.7 out of 5 based on 2,800 reviews. And it’s Android App is rated 4.5 out of 5 based on 1,300 reviews.

Does Allica Bank or Countingup 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, Countingup offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Allica Bank vs State Bank of India (UK)
Allica Bank vs Charity Bank
Allica Bank vs Cumberland Building Society
Allica Bank vs Redwood Bank
Allica Bank vs Amaiz


For other business bank accounts see our guide here.

 



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