Is Allica Bank or Fair Everywhere better for your small business?
Below we look at both Allica Bank and Fair Everywhere 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 Fair Everywhere Trustpilot Reviews
| Allica Bank | Fair Everywhere | |
| Trustpilot Review Score (out of 5) | 4.5 | 3.1 |
| Percent 5-Star Reviews | 76% | 27% |
| Percent 1- Star Reviews | 6% | 64% |
| Total Number of Reviews | 815 | 11 |
https://www.trustpilot.com/review/www.allica.bank
https://www.trustpilot.com/review/faireverywhere.com
Allica Bank vs Fair Everywhere App Reviews
| Allica Bank | Fair Everywhere | |
| iPhone Review Score (out of 5) | 4.8 | 2.2 |
| Number of iPhone Reviews | 503 | 5 |
| Android Review Score (out of 5) | 4.4 | 3.9 |
| Number of Android Reviews | 107 | 7 |
https://apps.apple.com/gb/app/allica-bank/id1489138340
https://apps.apple.com/gb/app/fair-everywhere/id1331905256
Allica Bank vs Fair Everywhere Account Fees & Charges
| Allica Bank | Fair Everywhere | |
| 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 | £12.50 |
| Electronic Payment Cost (in/out) | Free | 30p |
| Cash Payments Cost (in/out) | Free | £1.50 / £3 + 2.75% |
| Cheques (in/out) | Unknown | 50p per cheque |
| CHAPS Payments Cost | £20 | £30 |
| SEPA Payments Cost | No | No |
Allica Bank vs Fair Everywhere Business Savings Rates
| Allica Bank | Fair Everywhere | |
| 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 Fair Everywhere Account Opening Times
| Allica Bank | Fair Everywhere | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 3 to 5 Working days | 1 day |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
Allica Bank vs Fair Everywhere Features & Account Types
| Allica Bank | Fair Everywhere | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | No |
| Business Credit Card | No | Yes |
| 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 Fair Everywhere Customer Support Options
| Allica Bank | Fair Everywhere | |
| 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 Fair Everywhere Foreign Currency Accounts
| Allica Bank | Fair Everywhere | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Allica Bank and Fair Everywhere
| Allica Bank | Fair Everywhere | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | Yes |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Allica Bank vs Fair Everywhere Banking Basics
| Allica Bank | Fair Everywhere | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 821851 | 504547 |
| Website | Allica Bank Website | Fair Everywhere Website |
Common Comparison Questions
Does Allica Bank or Fair Everywhere 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, Fair Everywhere scores 3.1 out of 5 based 11 Trustpilot reviews. Of which 27% are 5-star and 64% are 1-star.
Does Allica Bank or Fair Everywhere 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, Fair Everywhere’s iPhone App is rated 2.2 out of 5 based on 5 reviews. And it’s Android App is rated 3.9 out of 5 based on 7 reviews.
Does Allica Bank or Fair Everywhere 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, Fair Everywhere offers None accounts with interest rates ranging from NA to NA (AER).
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For other business bank accounts see our guide here.