Personal savings accounts

You work hard for your money. So why not make it work for you, too?

Allica Bank's personal savings accounts are an easy way to start earning a great rate on your cash.

Earn a

top-tier rate

Get one of the most competitive rates on the market

Applications

made easy

No paperwork. Just one simple online application is all we need.

We're with you

every step of the way

Our UK support team is always happy to help.

Our savings accounts

12-month fixed rate personal savings account

0.85% AER*

  • Earn a guaranteed rate for one year
  • Simple online application
  • Eligible deposits are covered by the FSCS up to £85k
  • Two-week deposit window on opening your account

Find out more

24-month fixed rate personal savings account

1.00% AER*

  • Earn a guaranteed rate for two years
  • Simple online application
  • Eligible deposits are covered by the FSCS up to £85k
  • Two-week deposit window on opening your account

Find out more

Need to know

Before applying for an Allica Bank Personal Savings Account, remember that:

  • 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 you’ll need access to a mobile phone and an internet connection.

To be eligible for an Allica Bank Personal Savings Account, you should:

  • Be a UK resident.
  • Be aged 18 years and over.
  • Have a UK Bank Account.

How your money is protected

fscs

 

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.

Getting set-up is simple...

1

Select the term you want to save for.

2

Fill in our simple online application form. It should take just a few minutes.

3

We'll check your application and get back to you within a few days.

Why Allica Bank?

Allica Bank exists to empower small and medium UK businesses to succeed. Built using innovative technology, real human relationships and trust will always sit at the heart of what we do.

We are based in Milton Keynes and London, and were granted our UK banking licence in September 2019. Acting with integrity, working collaboratively and being straightforward are the values Allica Bank lives by. We are expert banking for business Britain.

Want to know more? Get in touch

Send us an email

business.savings@allica.bank

Give us a call

0330 094 3333

(available between 8am and 6pm on Monday-Friday)

Drop us a message

Contact us