Is Revolut Business or Allica Bank better for your small business?
Below we look at both Revolut Business 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.
Revolut Business vs Allica Bank Trustpilot Reviews
| Revolut Business | Allica Bank | |
| Trustpilot Review Score (out of 5) | 4.2 | 4.5 |
| Percent 5-Star Reviews | 75% | 76% |
| Percent 1- Star Reviews | 10% | 6% |
| Total Number of Reviews | 148,162 | 815 |
https://www.trustpilot.com/review/www.revolut.com
https://www.trustpilot.com/review/www.allica.bank
Revolut Business vs Allica Bank App Reviews
| Revolut Business | Allica Bank | |
| iPhone Review Score (out of 5) | 4.9 | 4.8 |
| Number of iPhone Reviews | 26,200 | 503 |
| Android Review Score (out of 5) | 4.6 | 4.4 |
| Number of Android Reviews | 20,300 | 107 |
https://apps.apple.com/gb/app/revolut-business/id1436969262
https://apps.apple.com/gb/app/allica-bank/id1489138340
Revolut Business vs Allica Bank Account Fees & Charges
| Revolut Business | Allica Bank | |
| Free Business Bank Account | Yes | No |
| Free Business Account Term Length | No Limit | NA |
| Cheapest Monthly Account Fee | £19 | No |
| Most Expensive Monthly Account Fee | £79 | No |
| Electronic Payment Cost (in/out) | 1% + 20p | Free |
| Cash Payments Cost (in/out) | €1 | Free |
| Cheques (in/out) | £8 | Unknown |
| CHAPS Payments Cost | £25 | £20 |
| SEPA Payments Cost | 20p | No |
Revolut Business vs Allica Bank Business Savings Rates
| Revolut Business | Allica Bank | |
| Types of Business Savings Accounts | Grow, Scale, Enterprise | Easy Access, Notice Account |
| Lowest Savings Rate (AER) | 2% | 3.65% |
| Maximum Savings Rate (AER) | 3% | 5.10% |
| Minimum Savings Amount | No | £20,000 |
| Interest Paid On Foreign Currencies | Yes | No |
Revolut Business vs Allica Bank Account Opening Times
| Revolut Business | Allica Bank | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 10 minutes | 3 to 5 Working days |
| Do They Check Your Credit? | No | Yes |
| Current Account Switch Service | Yes | Yes |
Revolut Business vs Allica Bank Features & Account Types
| Revolut Business | Allica Bank | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | No | No |
| Business Overdraft | No | Yes |
| Accounts For Startups | Yes | No |
| Accounts For Charities | No | No |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | No |
| Card Type | Visa | 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 |
Revolut Business vs Allica Bank Customer Support Options
| Revolut Business | Allica Bank | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | No | Yes |
Revolut Business vs Allica Bank Foreign Currency Accounts
| Revolut Business | Allica Bank | |
| US Dollar (USD) Bank Accounts | Yes | No |
| Euro (EUR) Bank Accounts | Yes | No |
| Other Currencies Available: |
| No |
Other Business Services From Revolut Business and Allica Bank
| Revolut Business | 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 | No | No |
Revolut Business vs Allica Bank Banking Basics
| Revolut Business | Allica Bank | |
| Bank Type | Challenger | Challenger |
| FSCS Protection | No | Yes, up to £85,000 |
| FCA Number | 900562 | 821851 |
| Website | Revolut Business Website | Allica Bank Website |
Common Comparison Questions
Does Revolut Business or Allica Bank have better customer reviews?
Revolut Business scores 4.2 out of 5 based 148,162 Trustpilot reviews. Of these reviews 75% are 5-star and 10% 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 Revolut Business or Allica Bank have a better App?
Revolut Business’s iPhone App is rated 4.9 out of 5 based on 26,200 reviews. And it’s Android App is rated 4.6 out of 5 based on 20,300 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 Revolut Business or Allica Bank have better business savings rates?
Revolut Business offers the following types of business savings accounts: Grow, Scale, Enterprise with interest rates ranging from 2% to 3%. (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.