Is Allica Bank or GoSolo better for your small business?
Below we look at both Allica Bank and GoSolo 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 GoSolo Trustpilot Reviews
| Allica Bank | GoSolo | |
| Trustpilot Review Score (out of 5) | 4.5 | 2.6 |
| Percent 5-Star Reviews | 76% | 39% |
| Percent 1- Star Reviews | 6% | 47% |
| Total Number of Reviews | 815 | 74 |
https://www.trustpilot.com/review/www.allica.bank
https://www.trustpilot.com/review/gosolo.net
Allica Bank vs GoSolo App Reviews
| Allica Bank | GoSolo | |
| iPhone Review Score (out of 5) | 4.8 | 4.6 |
| Number of iPhone Reviews | 503 | 91 |
| Android Review Score (out of 5) | 4.4 | 3.6 |
| Number of Android Reviews | 107 | 61 |
https://apps.apple.com/gb/app/allica-bank/id1489138340
https://apps.apple.com/gb/app/gosolo-smart-business-account/id1569028757
Allica Bank vs GoSolo Account Fees & Charges
| Allica Bank | GoSolo | |
| Free Business Bank Account | No | Yes |
| Free Business Account Term Length | NA | 12 Months |
| Cheapest Monthly Account Fee | No | Free |
| Most Expensive Monthly Account Fee | No | Free |
| Electronic Payment Cost (in/out) | Free | 2% + 20p |
| Cash Payments Cost (in/out) | Free | £1.50 |
| Cheques (in/out) | Unknown | £2.69 |
| CHAPS Payments Cost | £20 | £15 |
| SEPA Payments Cost | No | 30p |
Allica Bank vs GoSolo Business Savings Rates
| Allica Bank | GoSolo | |
| 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 | No |
Allica Bank vs GoSolo Account Opening Times
| Allica Bank | GoSolo | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 3 to 5 Working days | Few minutes |
| Do They Check Your Credit? | Yes | No |
| Current Account Switch Service | Yes | Yes |
Allica Bank vs GoSolo Features & Account Types
| Allica Bank | GoSolo | |
| 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 | Yes |
| 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 GoSolo Customer Support Options
| Allica Bank | GoSolo | |
| 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 GoSolo Foreign Currency Accounts
| Allica Bank | GoSolo | |
| 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 GoSolo
| Allica Bank | GoSolo | |
| Business Loans | Yes | No |
| Commercial Mortgages | Yes | No |
| Invoice Financing | Yes | No |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | No |
| Card Machines | No | No |
| Free Accounting Software | No | Yes |
Allica Bank vs GoSolo Banking Basics
| Allica Bank | GoSolo | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 821851 | 902961 |
| Website | Allica Bank Website | GoSolo Website |
Common Comparison Questions
Does Allica Bank or GoSolo 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, GoSolo scores 2.6 out of 5 based 74 Trustpilot reviews. Of which 39% are 5-star and 47% are 1-star.
Does Allica Bank or GoSolo 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, GoSolo’s iPhone App is rated 4.6 out of 5 based on 91 reviews. And it’s Android App is rated 3.6 out of 5 based on 61 reviews.
Does Allica Bank or GoSolo 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, GoSolo 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.