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What is a Business Rewards Account?

Our Business Rewards Account is a current account designed especially to help established businesses get more from their bank.

Apply now

*You must have an Allica business current account to access our instant access rate. Our business current account is designed for established businesses who keep a balance of £50,000 or more in their account. Rate includes standard rate of 3.33% AER (minimum balance applies) plus a 0.5% boost each month if you make 15 bank transfers out of the account in the previous month, and a 0.5% boost for six months if you complete a switch with 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. Subject to eligibility – see Savings Pot Key Product Information for more details.

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

Up to 4.33% AER* (variable) integrated Savings Pot

Get a better return on your instant access savings in our Savings Pots – an exclusive feature of the Business Rewards Account.

Up to 1.5% cashback**

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

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.

No monthly fees

Because we don't believe established businesses should pay for their bank account.

Terms & conditions

See a full list of:

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.

 

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.

 

*’AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. 

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"It's great to know that the money I'm saving with Allica is giving me interest, which I can re-invest into my business to help it grow."

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Beate Rothon
Founder of Gentle Dog Food

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Explore our Business Rewards Account

The bank account for established businesses.

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