Is Triodos Bank or Allica Bank better for your small business?
Below we look at both Triodos 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.


Triodos Bank vs Allica Bank Trustpilot Reviews
Triodos Bank | Allica Bank | |
Trustpilot Review Score (out of 5) | 4.1 | 4.5 |
Percent 5-Star Reviews | 58% | 76% |
Percent 1- Star Reviews | 22% | 6% |
Total Number of Reviews | 514 | 815 |
https://www.trustpilot.com/review/triodos.co.uk
https://www.trustpilot.com/review/www.allica.bank
Triodos Bank vs Allica Bank App Reviews
Triodos Bank | Allica Bank | |
iPhone Review Score (out of 5) | 4.6 | 4.8 |
Number of iPhone Reviews | 1,700 | 503 |
Android Review Score (out of 5) | 4.6 | 4.4 |
Number of Android Reviews | 851 | 107 |
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529
https://apps.apple.com/gb/app/allica-bank/id1489138340
Triodos Bank vs Allica Bank Account Fees & Charges
Triodos Bank | Allica Bank | |
Free Business Bank Account | No | No |
Free Business Account Term Length | NA | NA |
Cheapest Monthly Account Fee | £3 | No |
Most Expensive Monthly Account Fee | £3 | No |
Electronic Payment Cost (in/out) | No | Free |
Cash Payments Cost (in/out) | Free / £1 | Free |
Cheques (in/out) | £1 | Unknown |
CHAPS Payments Cost | £20 | £20 |
SEPA Payments Cost | No | No |
Triodos Bank vs Allica Bank Business Savings Rates
Triodos Bank | 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 |
Triodos Bank vs Allica Bank Account Opening Times
Triodos Bank | Allica Bank | |
Can You Apply Online? | Yes | Yes |
How Long Does Opening An Account Typically Take? | 1 to 2 Working days | 3 to 5 Working days |
Do They Check Your Credit? | Yes | Yes |
Current Account Switch Service | Yes | Yes |
Triodos Bank vs Allica Bank Features & Account Types


Triodos Bank | Allica Bank | |
Business Current Account | Yes | Yes |
Business Savings Account | Yes | Yes |
Business Credit Card | No | No |
Business Overdraft | Yes | Yes |
Accounts For Startups | No | No |
Accounts For Charities | No | No |
Accounts For Sole Traders | Yes | 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 | Bristol, London and Edinburgh | Milton Keynes, London and Manchester |
Triodos Bank vs Allica Bank Customer Support Options
Triodos Bank | 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 |
Triodos Bank vs Allica Bank Foreign Currency Accounts
Triodos Bank | Allica Bank | |
US Dollar (USD) Bank Accounts | No | No |
Euro (EUR) Bank Accounts | Yes | No |
Other Currencies Available: |
| No |
Other Business Services From Triodos Bank and Allica Bank


Triodos Bank | Allica Bank | |
Business Loans | Yes | Yes |
Commercial Mortgages | No | Yes |
Invoice Financing | No | Yes |
International Payments | Yes | Yes |
Merchant Payment Services | No | No |
Card Machines | No | No |
Free Accounting Software | No | No |
Triodos Bank vs Allica Bank Banking Basics
Triodos Bank | Allica Bank | |
Bank Type | Challenger | Challenger |
FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
FCA Number | 817008 | 821851 |
Website | Triodos Bank Website | Allica Bank Website |
Common Comparison Questions
Does Triodos Bank or Allica Bank have better customer reviews?
Triodos Bank scores 4.1 out of 5 based 514 Trustpilot reviews. Of these reviews 58% are 5-star and 22% 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 Triodos Bank or Allica Bank have a better App?
Triodos Bank’s iPhone App is rated 4.6 out of 5 based on 1,700 reviews. And it’s Android App is rated 4.6 out of 5 based on 851 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 Triodos Bank or Allica Bank have better business savings rates?
Triodos Bank 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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For other business bank accounts see our guide here.