Personal savings accounts

Save smart. Save simple.

Reach your savings goals with a straightforward and secure savings account from Allica Bank.

Our accounts

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Saving with Allica Bank

Whether you're saving for a holiday, a home, or retirement, your savings account should be two things: simple and rewarding.

With Allica Bank you can save between £1,000 and £250,000, safe in the knowledge your hard-earned money is getting a rate you deserve.

All our savings accounts are FSCS-protected (up to £85,000) and completely free to use. Open your account online below.

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Get a great rate

Get one of the most competitive rates on the market

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Apply online now

No paperwork — a simple online application is all we need

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Help at the ready

Our UK support team is always happy to help

Things you should know before applying:

  • You can save between £1,000 and £250,000 in this account.
  • We don't charge any fees for using our savings accounts.
  • Applications are made entirely online. So make sure you have access to the internet, and also a mobile phone in order to complete our security checks.

*AER stands for annual equivalent rate and illustrates the interest rate if it was paid and compounded once each year.

To be eligible you must:

  • Be a UK resident
  • Be at least 18 years' old
  • Have an existing UK bank account
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 deposit of up to £85,000 will be protected.

Find out more about your eligibility for FSCS coverage here.

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About Allica

Allica Bank was built with the vision to empower small businesses to succeed.

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

Most of us are based in our Milton Keynes and London offices, although we have team members out on the road across the country.

No matter where we are, though, every one of us is committed to our four core values of:

  • Integrity
  • Collaboration
  • Being straightforward
  • Delivery