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 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.

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