A Business current account

with a relationship manager

  • No monthly fees
  • 3.5% AER instant access Savings Pot
  • Earn up to 1.5% cashback on all eligible card spend*​
  • UK-based customer support
  • Get a dedicated relationship manager

A business current account that rewards you for using it!

*See a full list of limits, fees, and industry restrictions here or read our key features document or service information.

Join our new customer waiting list

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No monthly fees

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3.5% AER interest on savings

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up to 1.5% cashback*

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UK customer support

FSCS Protected

All our current accounts and savings accounts are covered by the Financial Services Compensation Scheme (FSCS). This means that, should anything happen to Allica Bank, any eligible deposit of up to £85,000 will be protected.

Find out more about your eligibility for FSCS coverage here.

Instant-access

Savings Pot

Our Savings Pot is an exclusive feature of our Business Rewards Account. You can earn 3.5% AER on savings while you continue to earn from your spending.

  • Instant access - deposit or withdraw 
    funds 24/7
  • Market-leading 3.5% AER interest rate
  • An exclusive feature of the Business Rewards Account
  • FSCS protection (eligible deposits only)
  • Get a dedicated relationship manager

Join our new customer waiting list

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What is a Business Rewards Account?

Our Business Rewards Account is a current account designed especially for established businesses.

Join our new customer waiting list

 

*See a full list of limits, fees, and industry restrictions here or read our key features document or service information.

**Faster Payments and BACS, subject to fair use policy – see Business Rewards Account Terms & Conditions. 

No monthly fees

It has zero monthly fees and free bank payments**

Up to 1.5% cash back

Earn 1% cashback on your card spend and unlock 1.5% cashback on additional monthly card spend after you spend £10k in a month*

Your relationship manager

Get a dedicated relationship manager that will be with you every step of the way. We believe in building relationships, not call centres.

3.5% AER integrated Savings Pot

Don't just earn cashback. Earn interest on your savings too. Savings Pots are an exclusive feature of the Business Rewards Account.

Get rewarded for your card spend

Here's how it works...

​​

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1​. Make a card payment

Use it just like your current business bank account and track your payments in the app.

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2. ​Get rewarded

Earn 1% cashback on all eligible card payments, paid at the end of the month.​

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3​. Unlock bonus rewards!

​Spend over £10k in one month and unlock a bonus rate of 1.5% for the rest of the month.​

Empower your business to succeed.

Join Britain's award-winning business bank

Join our new customer waiting list

A Business Rewards Account

built for businesses like yours

Zero monthly fees ✔
Free Faster Payments ✔*
Free BACS ✔*
1% cashback on card payments ✔
1.5% cashback on card payments after £10k spent in a month for remainder of month ✔
UK-based support team ✔
FSCS protection (if eligible) ✔
Manage using mobile app ✔
Manage on the web ✔
Direct credits in ✔
Multiple director access and cards ✔
Direct Debits out ✔
Schedule payments ✔
ATM withdrawals ✔
Phone support ✔
CHAPS payments ✔
(for a fee of £20)
Deposit cash ✘
Deposit cheques ✘
Integrated savings pots with 3.5% AER interest ✔
  Bulk Payments ✔
(for a fee of £5)
  Two-person authorisation ✔
  Relationship manager ✔

**Faster Payments and BACS, subject to fair use policy – see Business Rewards Account Terms & Conditions.

"Allica Bank is on a mission to become the go-to bank for established businesses in the UK. In 2022, we took giant leaps towards that goal."

Watch our transformational year of growth
Richard Davies-1

Richard Davies
CEO
Allica Bank

About Allica Bank

Allica Bank is on a mission to become the most recommended business bank in the UK. We are dedicated to serving the needs of established businesses, who are the beating heart of the UK economy and our local communities.

We do this through a unique mix of real human expertise and powerful technology.

Based out of our offices in Milton Keynes, London and Manchester, Allica has relationship managers out on the road up and down the country helping businesses like yours.

No matter where we are, though, every one of us is committed to our four core values of:

  • Integrity
  • Collaboration
  • Being straightforward
  • Delivery

Join our new customer waiting list

Fill in the form below to join our Business Rewards Account waiting list.
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Allica Bank

 

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Allica Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (FRN: 821851). Registered office: 4th Floor, 164 Bishopsgate, London EC2M 4LX. Registered in England and Wales with company number 07706156.

Allica Bank savings accounts and business current account products are regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Allica Bank lending products are not regulated products.

Asset finance and growth finance services are provided by Allica Financial Services Limited trading as Allica Bank Asset Finance. Registered office: 4th Floor, 164 Bishopsgate, London EC2M 4LX. Incorporated under the laws of England and Wales with company number 12784979. Allica Financial Services Limited is not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. The asset finance and growth finance products offered by Allica Bank Asset Finance are not regulated products.