Is Allica Bank or MultiPass better for your small business?
Below we look at both Allica Bank and MultiPass 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 MultiPass Trustpilot Reviews
| Allica Bank | MultiPass | |
| Trustpilot Review Score (out of 5) | 4.5 | 4.5 |
| Percent 5-Star Reviews | 76% | 81% |
| Percent 1- Star Reviews | 6% | 12% |
| Total Number of Reviews | 815 | 74 |
https://www.trustpilot.com/review/www.allica.bank
https://www.trustpilot.com/review/multipass.co
Allica Bank vs MultiPass App Reviews
| Allica Bank | MultiPass | |
| 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 MultiPass Account Fees & Charges
| Allica Bank | MultiPass | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | No | £29 |
| Most Expensive Monthly Account Fee | No | £250 |
| Electronic Payment Cost (in/out) | Free | Free + 50p |
| Cash Payments Cost (in/out) | Free | Free / £1 per £100 |
| Cheques (in/out) | Unknown | Free |
| CHAPS Payments Cost | £20 | £18 |
| SEPA Payments Cost | No | €1 |
Allica Bank vs MultiPass Business Savings Rates
| Allica Bank | MultiPass | |
| 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 MultiPass Account Opening Times
| Allica Bank | MultiPass | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 3 to 5 Working days | 10 minutes |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | No |
Allica Bank vs MultiPass Features & Account Types
| Allica Bank | MultiPass | |
| 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 | No |
| 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 | None, online only |
Allica Bank vs MultiPass Customer Support Options
| Allica Bank | MultiPass | |
| 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 MultiPass Foreign Currency Accounts
| Allica Bank | MultiPass | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Allica Bank and MultiPass
| Allica Bank | MultiPass | |
| 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 MultiPass Banking Basics
| Allica Bank | MultiPass | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | No |
| FCA Number | 821851 | 900840 |
| Website | Allica Bank Website | MultiPass Website |
Common Comparison Questions
Does Allica Bank or MultiPass 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, MultiPass scores 4.5 out of 5 based 74 Trustpilot reviews. Of which 81% are 5-star and 12% are 1-star.
Does Allica Bank or MultiPass 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, MultiPass’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 MultiPass 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, MultiPass 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.