Savings Pot

Our Saving Pot is an exclusive feature of our Business Rewards Account. You can earn 3% AER on savings while you continue to earn from your spending.

  • Instant access - deposit or withdraw 
    funds 24/7
  • Market-leading 3% AER interest rate
  • An exclusive feature of the Business Rewards Account
  • FSCS protection (eligible deposits only)
  • Get a dedicated relationship manager

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No monthly fees


3% AER interest on savings


up to 1.5% cashback*


UK customer support

FSCS Protected

All our 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.

Business rewards account

Don't pay us.
We'll pay you.

  • No monthly fees
  • 3% 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 and fees here or read our key features document or service information.

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 and fees 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

Receive a dedicated Relationship Manager that will be with you every step of the way. We believe in building relationships, not anonymous call centres.

3% AER integrated Savings Pot

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

Get rewarded for your card spend

Here's how it works...



1​. Make a card payment

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


2. ​Get rewarded

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


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

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% AER interest
  Bulk Payments
(for a fee of £5)
  Two-person authorisation
  Relationship manager

Allica Bank has been built especially to serve established SMEs. We combine modern tools and technology with having feet on the ground in our local communities. We believe in using human relationships and tailored expertise to empower SMEs with the tools they need to succeed.

**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
Allica Bank

About Allica Bank

Allica Bank was built with the vision to empower small and medium-sized businesses to succeed.

We combine modern technology with local relationships and expertise to provide the tailored support we know our customers need.

We have offices in Milton Keynes, Manchester and London, and a team of expert relationship managers out on the road across England, Scotland and Wales, providing personal support to small and medium-sized businesses in their local communities.

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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