Is Hampshire Trust Bank or Allica Bank better for your small business?
Below we look at both Hampshire Trust Bank and Allica Bank 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.
Hampshire Trust Bank vs Allica Bank Trustpilot Reviews
| Hampshire Trust Bank | Allica Bank | |
| Trustpilot Review Score (out of 5) | 4.5 | 4.5 |
| Percent 5-Star Reviews | 75% | 76% |
| Percent 1- Star Reviews | 7% | 6% |
| Total Number of Reviews | 1,591 | 815 |
https://www.trustpilot.com/review/htb.co.uk
https://www.trustpilot.com/review/www.allica.bank
Hampshire Trust Bank vs Allica Bank App Reviews
| Hampshire Trust Bank | Allica Bank | |
| iPhone Review Score (out of 5) | No Rating | 4.8 |
| Number of iPhone Reviews | No Reviews | 503 |
| Android Review Score (out of 5) | No Rating | 4.4 |
| Number of Android Reviews | No Reviews | 107 |
https://www.apple.com/uk/app-store/
https://apps.apple.com/gb/app/allica-bank/id1489138340
Hampshire Trust Bank vs Allica Bank Account Fees & Charges
| Hampshire Trust Bank | Allica Bank | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | No | No |
| Most Expensive Monthly Account Fee | No | No |
| Electronic Payment Cost (in/out) | 25p | Free |
| Cash Payments Cost (in/out) | £1 | Free |
| Cheques (in/out) | £1 | Unknown |
| CHAPS Payments Cost | £25 | £20 |
| SEPA Payments Cost | 20p | No |
Hampshire Trust Bank vs Allica Bank Business Savings Rates
| Hampshire Trust Bank | Allica Bank | |
| Types of Business Savings Accounts | Notice Account, Fixed | Easy Access, Notice Account |
| Lowest Savings Rate (AER) | 4.50% | 3.65% |
| Maximum Savings Rate (AER) | 5.15% | 5.10% |
| Minimum Savings Amount | £5,000 | £20,000 |
| Interest Paid On Foreign Currencies | No | No |
Hampshire Trust Bank vs Allica Bank Account Opening Times
| Hampshire Trust Bank | Allica Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 1 day | 3 to 5 Working days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | No | Yes |
Hampshire Trust Bank vs Allica Bank Features & Account Types
| Hampshire Trust Bank | Allica Bank | |
| Business Current Account | No | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | No |
| Business Overdraft | Yes | Yes |
| Accounts For Startups | Yes | No |
| Accounts For Charities | Yes | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | No |
| Card Type | None | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | No | Yes |
| In Person/Branch Banking | No | Yes |
| Branch Locations | London & Leeds | Milton Keynes, London and Manchester |
Hampshire Trust Bank vs Allica Bank Customer Support Options
| Hampshire Trust Bank | Allica Bank | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | No | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | Yes |
Hampshire Trust Bank vs Allica Bank Foreign Currency Accounts
| Hampshire Trust Bank | Allica Bank | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: | No | No |
Other Business Services From Hampshire Trust Bank and Allica Bank
| Hampshire Trust Bank | Allica Bank | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | No | No |
| Card Machines | No | No |
| Free Accounting Software | No | No |
Hampshire Trust Bank vs Allica Bank Banking Basics
| Hampshire Trust Bank | Allica Bank | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 204601 | 821851 |
| Website | Hampshire Trust Bank Website | Allica Bank Website |
Common Comparison Questions
Does Hampshire Trust Bank or Allica Bank have better customer reviews?
Hampshire Trust Bank scores 4.5 out of 5 based 1,591 Trustpilot reviews. Of these reviews 75% are 5-star and 7% are 1-star.
Whereas, Allica Bank scores 4.5 out of 5 based 815 Trustpilot reviews. Of which 76% are 5-star and 6% are 1-star.
Does Hampshire Trust Bank or Allica Bank have a better App?
Hampshire Trust Bank’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.
In comparison, 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.
Does Hampshire Trust Bank or Allica Bank have better business savings rates?
Hampshire Trust Bank offers the following types of business savings accounts: Notice Account, Fixed with interest rates ranging from 4.50% to 5.15%. (AER)
In contrast, Allica Bank offers Easy Access, Notice Account accounts with interest rates ranging from 3.65% to 5.10% (AER).
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For other business bank accounts see our guide here.