Is Allica Bank or Unity Trust better for your small business?
Below we look at both Allica Bank and Unity Trust 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 Unity Trust Trustpilot Reviews
| Allica Bank | Unity Trust | |
| Trustpilot Review Score (out of 5) | 4.5 | 4 |
| Percent 5-Star Reviews | 76% | 61% |
| Percent 1- Star Reviews | 6% | 14% |
| Total Number of Reviews | 815 | 255 |
https://www.trustpilot.com/review/www.allica.bank
https://www.trustpilot.com/review/unity.co.uk
Allica Bank vs Unity Trust App Reviews
| Allica Bank | Unity Trust | |
| 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 Unity Trust Account Fees & Charges
| Allica Bank | Unity Trust | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | No | £6 |
| Most Expensive Monthly Account Fee | No | £6 |
| Electronic Payment Cost (in/out) | Free | 14p |
| Cash Payments Cost (in/out) | Free | 50p per £100 |
| Cheques (in/out) | Unknown | 30p per item |
| CHAPS Payments Cost | £20 | £28 |
| SEPA Payments Cost | No | 25p |
Allica Bank vs Unity Trust Business Savings Rates
| Allica Bank | Unity Trust | |
| Types of Business Savings Accounts | Easy Access, Notice Account | Instant Access, Fixed Term |
| Lowest Savings Rate (AER) | 3.65% | 2.77% |
| Maximum Savings Rate (AER) | 5.10% | 5.10% |
| Minimum Savings Amount | £20,000 | No |
| Interest Paid On Foreign Currencies | No | Yes |
Allica Bank vs Unity Trust Account Opening Times
| Allica Bank | Unity Trust | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 3 to 5 Working days | 7 Working days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
Allica Bank vs Unity Trust Features & Account Types
| Allica Bank | Unity Trust | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | No | No |
| Business Overdraft | Yes | Yes |
| 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 | No own branches but can use NatWest, RBS or Ulster Bank locations |
Allica Bank vs Unity Trust Customer Support Options
| Allica Bank | Unity Trust | |
| 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 Unity Trust Foreign Currency Accounts
| Allica Bank | Unity Trust | |
| US Dollar (USD) Bank Accounts | No | Yes |
| Euro (EUR) Bank Accounts | No | Yes |
| Other Currencies Available: | No |
|
Other Business Services From Allica Bank and Unity Trust
| Allica Bank | Unity Trust | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| 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 Unity Trust Banking Basics
| Allica Bank | Unity Trust | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 821851 | 204570 |
| Website | Allica Bank Website | Unity Trust Website |
Common Comparison Questions
Does Allica Bank or Unity Trust 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, Unity Trust scores 4 out of 5 based 255 Trustpilot reviews. Of which 61% are 5-star and 14% are 1-star.
Does Allica Bank or Unity Trust 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, Unity Trust’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 Unity Trust 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, Unity Trust offers Instant Access, Fixed Term accounts with interest rates ranging from 2.77% to 5.10% (AER).
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For other business bank accounts see our guide here.