Skip to content

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 3.08% 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 8th August 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.

Leaders in Accountancy Summit 2025

8 September | Convene 155 Bishopsgate, London

Frustrated with slow service, poor rates, or support that just doesn’t get your clients’ needs? It’s time for a better way. Join us at the Leaders in Accountancy Summit this September in London to learn how Allica is building banking that works for accountants and the businesses they support. From tailored tools to relationship-led service, our dedicated partnerships team is here to help you 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 2.08% 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 8th August 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:

Testing popup with form

FORM IS DISABLED FOR TESTING

Curabitur turpis. Donec quam felis, ultricies nec, pellentesque eu, pretium quis, sem. Vivamus elementum semper nisi. Duis lobortis massa imperdiet quam. Pellentesque ut neque.

  • Phasellus consectetuer vestibulum elit.
  • Etiam rhoncus.
  • Praesent turpis.
  • Sed aliquam ultrices mauris.
  • Donec pede justo, fringilla vel, aliquet nec, vulputate eget, arcu.

Praesent porttitor, nulla vitae posuere iaculis, arcu nisl dignissim dolor, a pretium mi sem ut ipsum. Nullam vel sem. Integer ante arcu, accumsan a, consectetuer eget, posuere ut, mauris. Nullam quis ante. Quisque id odio.

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.

 

Eligibility criteria

Allica’s business overdraft is made for Business Rewards Account customers who need the flexibility and tools to grow their business

  • Need an overdraft over £25,000 for business purposes
  • Be a UK Limited Company or Limited Liability Partnership
  • Have been trading for at least 24 months
  • Generate an annual turnover of more than £500,000 and be profitable

If your overdraft is approved but you don't already have a Business Rewards Account you'll need to open one before you can access the money.

What is a Personal Guarantee (PG)

A personal guarantee is a promise made by a person or an organisation to accept responsibility for some other party's debt if the debtor fails to pay it.

What is a Debenture?

In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest.

Welcome Boost

Open a Business Rewards Account and a Savings Pot, deposit £50,000 or more within 14 days of receiving your online banking login and enjoy a 0.25% Welcome Boost on everything you hold in your Savings Pot. The boost applies only to funds kept in the Savings Pot.

Your boost lasts for 3 months, starting on the 1st of the following month. To qualify, you’ll need to open your account, set up your Savings Pot, and deposit at least £50,000 before 30th November 2025.

Send a message
Boardroom breakfast: Cyber crime - the risk and solutions

Co-hosted with Marsh Commercial, Threatplane, and Acronyms

Boardroom breakfast: Cyber crime - the risk and solutions

Event date and time

9 October 2025

09:30 - 12:00

Event address

Gloucestershire County Cricket Club, Nevil Road, Bristol, BS7 9EJ

Registration
To join the event, please register below.
popup_form_id: cf23d1fa-943d-4de9-9630-11c6c375b545

Register now

Boardroom breakfast: Cyber crime - the risk and solutions
09:30 - 12:00 , 9 October 2025
Gloucestershire County Cricket Club, Nevil Road, Bristol, BS7 9EJ

Event details

We know the value of a strong professional network in your area. 

With that in mind, Allica Bank is delighted to extend a special invitation to our Boardroom Breakfast event at Gloucestershire County Cricket Club. We'll be co-hosting with Eric Alter from Marsh Commercial, Jonny Tyers from Threatplane, and Liam Fulford from Acronyms. 

Join Tom Hine, Allica's Relationship Manager for the South West, for a session focused on protecting your business from fraud, scams, and cyber crime.

This high-impact event will equip you with the knowledge and tools to safeguard your operations and reputation. 

You’ll hear directly from IT specialists, the insurance sector, and commercial banking - giving you a 360° view of risk and resilience in today’s business environment.

Breakfast and refreshments will be provided.

Seats are limited to maintain a focused and interactive environment, so reserve your place now.

Event schedule 

  • 10am - Arrival and introduction to your hosts: Hear from Allica Bank's relationship manager, Tom Hine on how Allica is supporting businesses across the region by helping their money work as hard as they do.
  • 10:15am - Insights from Eric Alter, Marsh Commercial: Eric will share his insights on what cyber insurance is and how it can support you in an incident. He'll also cover key concepts of crisis management, typical cyber claim support, and post incident advice.
  • 10:30am - Jonny Tyers, Threatplane: Jonny will share insights on how to build AI securely, and how to make smart pragmatic security investments that protect your business without breaking the bank.
  • 10:50am - Liam Fulford, Acronyms: Liam will share insights on building a strong security foundation as well as employee engagement and training that can be just as important as technical defences.
  • 11am onwards - Time for questions and networking: Use this time to meet with representatives from Allica Bank, Marsh Commercial, Threatplane, and Acronyms, as well as other business owners from across the region.

Speakers include

Tom Hine
Tom Hine - As a local Allica Bank relationship manager, Tom has been supporting established businesses in the South West for over 21 years.
cloudfront