Earn 4.33% AER* (variable)
Instant access
Interest paid monthly
Allica is giving established businesses the banking they deserve. That's why our business bank account comes with a Savings Pot earning 4.33% AER*. T&Cs apply.
*Terms and conditions apply – click to read more.
Manage your money easily via our app or online banking, all backed up with UK-based phone support.
Transfer money in or out of your Savings Pot as often as you like.
All business bank account customers get contact details for their own relationship manager.
Our current account 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.
Fill out the form below and we’ll be in touch to complete your application.
Access your account online and open your Savings Pot.
Add funds to start earning interest on your business savings.
Fill out the form below and we'll be in touch to complete your application. Please ensure you're eligible to apply.
The Business Rewards Account is a business current account that comes with an instant access Savings Pot earning 4.33% AER (variable).
The Business Rewards Account comes with a Savings Pot earning 4.33% AER (variable). Terms and conditions apply.
‘AER' stands for ‘annual equivalent rate' and is designed to make it easy for you to compare savings products. It illustrates what the interest rate would be if interest was paid and compounded once each year.
If you typically keep a balance of £50,000 or already have a loan with us, you can transfer money in and out of your Business Rewards Account Savings Pot as much as you like with no monthly fees. Businesses keeping less than that in the account may incur fees.
Yes. The interest rate on the Savings Pot is variable. If the interest rate decreases, we'll tell you at least 14 days before it changes. If it increases, we'll notify you within 30 days of the change.
Our business current account is designed for businesses who are incorporated for 12 months and typically keep a balance of £50,000 or more in the account, or for existing Allica customers who have a loan with us. Apply online here.
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