Personal savings accounts

Save smart. Save simple.

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



See our accounts


Covered by FSCS up to £85k


Competitive rates


Simple online application


UK-based support team

Personal savings icon

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 £10,000 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.


Get a great rate

Get one of the most competitive rates on the market


Apply online now

No paperwork — a simple online application is all we need


Help at the ready

Our UK support team is always happy to help

Things you should know before applying:

  • You can save between £10,000 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' means ‘annual equivalent rate' and is designed to make it easy for you to compare savings products. It tells you how much interest you'd earn if you put some money in an account and left it there for a full year. It takes account of things like how often the interest is paid and assumes any interest paid during that year is added to the balance and earns interest.

To be eligible you must:

  • Be a UK resident
  • Be at least 18 years' old
  • Have an existing UK bank account
FSCS protected

Your eligible deposits with Allica are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered.

Find out more about your eligibility for FSCS coverage here.

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.

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:

  • Integrity
  • Collaboration
  • Being straightforward
  • Delivery