Is PayPal Debit or Allica Bank better for your small business?
Below we look at both PayPal Debit 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.
PayPal Debit vs Allica Bank Trustpilot Reviews
| PayPal Debit | Allica Bank | |
| Trustpilot Review Score (out of 5) | 1.4 | 4.5 |
| Percent 5-Star Reviews | 20% | 76% |
| Percent 1- Star Reviews | 73% | 6% |
| Total Number of Reviews | 5,277 | 815 |
https://www.trustpilot.com/review/www.paypal.co.uk
https://www.trustpilot.com/review/www.allica.bank
PayPal Debit vs Allica Bank App Reviews
| PayPal Debit | Allica Bank | |
| iPhone Review Score (out of 5) | 4.1 | 4.8 |
| Number of iPhone Reviews | 1,600 | 503 |
| Android Review Score (out of 5) | 3.3 | 4.4 |
| Number of Android Reviews | 91,500 | 107 |
https://apps.apple.com/gb/app/paypal-business/id1053148887
https://apps.apple.com/gb/app/allica-bank/id1489138340
PayPal Debit vs Allica Bank Account Fees & Charges
| PayPal Debit | 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) | Free | Free |
| Cash Payments Cost (in/out) | Free | Free |
| Cheques (in/out) | Free | Unknown |
| CHAPS Payments Cost | No | £20 |
| SEPA Payments Cost | No | No |
PayPal Debit vs Allica Bank Business Savings Rates
| PayPal Debit | Allica Bank | |
| Types of Business Savings Accounts | None | Easy Access, Notice Account |
| Lowest Savings Rate (AER) | NA | 3.65% |
| Maximum Savings Rate (AER) | NA | 5.10% |
| Minimum Savings Amount | NA | £20,000 |
| Interest Paid On Foreign Currencies | Yes | No |
PayPal Debit vs Allica Bank Account Opening Times
| PayPal Debit | Allica Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | Few minutes | 3 to 5 Working days |
| Do They Check Your Credit? | No | Yes |
| Current Account Switch Service | Yes | Yes |
PayPal Debit vs Allica Bank Features & Account Types
| PayPal Debit | Allica Bank | |
| Business Current Account | Yes | Yes |
| Business Savings Account | No | Yes |
| Business Credit Card | No | No |
| Business Overdraft | No | Yes |
| Accounts For Startups | Yes | No |
| Accounts For Charities | No | No |
| Accounts For Sole Traders | No | Yes |
| Joint Business Accounts Available | Yes | No |
| Card Type | Mastercard | Visa |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | No | Yes |
| Branch Locations | None, online only | Milton Keynes, London and Manchester |
PayPal Debit vs Allica Bank Customer Support Options
| PayPal Debit | Allica Bank | |
| Phone Support Available | No | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | Yes |
PayPal Debit vs Allica Bank Foreign Currency Accounts
| PayPal Debit | Allica Bank | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: |
| No |
Other Business Services From PayPal Debit and Allica Bank
| PayPal Debit | Allica Bank | |
| Business Loans | No | Yes |
| Commercial Mortgages | No | Yes |
| Invoice Financing | No | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | Yes | No |
PayPal Debit vs Allica Bank Banking Basics
| PayPal Debit | Allica Bank | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | No | Yes, up to £85,000 |
| FCA Number | 742277 | 821851 |
| Website | PayPal Debit Website | Allica Bank Website |
Common Comparison Questions
Does PayPal Debit or Allica Bank have better customer reviews?
PayPal Debit scores 1.4 out of 5 based 5,277 Trustpilot reviews. Of these reviews 20% are 5-star and 73% 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 PayPal Debit or Allica Bank have a better App?
PayPal Debit’s iPhone App is rated 4.1 out of 5 based on 1,600 reviews. And it’s Android App is rated 3.3 out of 5 based on 91,500 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 PayPal Debit or Allica Bank have better business savings rates?
PayPal Debit offers the following types of business savings accounts: None with interest rates ranging from NA to NA. (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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PayPal Debit vs HSBC Kinetic
For other business bank accounts see our guide here.