No faff. Just straightforward business savings accounts, and a competitive interest rate to boot. Why complicate things?
Covered by FSCS up to £85k
Competitive rates
Simple online application
UK-based support team
No one likes spending time managing their company savings. That's why, at Allica Bank, we focus on being two things: simple and rewarding.
It means you can get back to business – safe in the knowledge your company's excess cash is earning the rate your hard work deserves.
You can open an account with us entirely online with a deposit from £10,000 to £250,000. And we won't charge you a penny for doing so.
Earn one of the most competitive rates on the market
No paperwork — a simple online application is all we need
Our UK support team is always happy to help
*AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.
In addition, all controlling persons and significant owners must be resident in the UK and over 18 years' old.
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.
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:
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.
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