Important information

Further information about our Business Rewards Account:

Eligibility criteria

Our Business Rewards Account is a current account designed for established businesses who:

  • are incorporated for a minimum of 12 months
  • keep a balance of £50,000 or more in their account
  • or have a loan product with us

See Key Product Information for further information.

Savings Pot

Rate includes standard rate of 3.33% AER, plus a 0.5% boost each month if you make 15 bank transfers the previous month, and a 0.5% boost for six months if you complete a successful switch with the Current Account Switch Service (CASS). Rates correct as of 9th May 2025. 'AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Cashback

Cashback is variable based on eligibility and spend. See a full list of limits and fees here.

Eligibility criteria

To be eligible, your business must have two full years of financial accounts and be either a Limited Company or LLP registered at Companies House, or a partnership or sole trader that operates in England, Scotland or Wales.

Businesses can access a range of hard, medium and soft assets including manufacturing equipment, transportation, plant and machinery, materials handling equipment, textile equipment, robotics, medical equipment, scaffolding, telecoms and more.

Eligibility criteria

UK-registered limited companies, typically with two years of full financial accounts. Your business must be based in England, Scotland or Wales and trade on a business-to-business basis.

Eligibility criteria

Your business must have two full years of financial accounts and be either a Limited Company or LLP registered at Companies House, or a partnership or sole trader that operates in England, Scotland or Wales.

Businesses can include those trading from freehold/long leasehold property in England, Scotland and Wales e.g. offices (including professional practices), industrial units, mixed-use, warehouses, factories, retail, hotels, guest houses, restaurants, public houses, convenience stores and children’s day nurseries. Security will be required.

Eligibility criteria

Available for UK registered limited companies, LLPs, partnerships and sole traders in England, Scotland and Wales.

Legal documents

Further information about our Business Rewards Account:

Eligibility

Our Business Rewards Account is a current account designed for established businesses who:

  • are incorporated for a minimum of 12 months
  • keep a balance of £50,000 or more in their account
  • or have a loan product with us

See Key Product Information for further information.

2025 Members in Practice Conference with CIMA

27-28 June | voco St John’s Solihull IHG Hotel

Tired of watching your clients struggle with slow service, poor rates, or limited support from the big banks? It’s time for something better. Join us at CIMA’s 2025 Members in Practice Conference this June in Solihull to find out more about how Allica are changing the game for established businesses. Our dedicated partnerships team works closely with accountants like you, providing the tools, expertise, and support you need to help your clients thrive.

Attending? Want to book a time to chat? Email us at accountants@allica.bank.

Savings Pot

Rate includes standard rate of 2.33% AER, plus a 0.5% boost each month if you make 15 bank transfers the previous month, and a 0.5% boost for six months if you complete a successful switch with the Current Account Switch Service (CASS). Rates correct as of 9th May 2025. 'AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Important information

Further information about our Business Rewards Account:

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Apply now

Fill out the form and we'll be in touch to complete your application.

Keep in mind: Our Business Rewards Account is designed for established businesses who keep a balance of £50,000 or more in their account. See our eligibility criteria.

 

Ready to use your new card?

You’re already holding your Allica Bank card - let’s activate it.

  1. Open the Allica Bank app
  2. Tap the ‘Cards’ tab, choose your physical card and hit ‘Activate’
  3. Enter the three‑digit CVV from the back of the card

And that's it. Your card is ready to go!


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Get it now so you can activate straight away.

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