Get up to 4.70%* interest on your business savings.

Get up to 4.70%* interest on your business savings.

 

 

 

 

 

 

Get started How to sign up

* 4.70% AER, 180-Day Notice account only. Min deposit £20k, max £2m. T&Cs apply. Find out more here.

Trustpilot
Trustpilot
check-icon

Covered by FSCS up to £85k

check-icon

Competitive rates

check-icon

Simple online application

check-icon

UK-based support team

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.

* ‘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.

 

How to open an account

Opening an account is quick and easy. We just need a few details from you to get started. 

1. Choose a product.

Decide how long you can leave your savings untouched.

2. Start your application.

We’ll need Companies House and other financial information.

3. Fund your account.

Our fixed rate products require minimum amounts deposited in 14 days.

Get started

Business current account

Looking for a more flexible home for your business savings?

Sick and tired of impersonal, inconvenient and poor value business banking? 

Our business current account comes with an instant access Savings Pot earning up to 4.58% AER*. Discover the banking your business deserves today.**

Learn more

business-rewards-accounts-2a

*Rate includes standard rate of 3.58% AER (minimum balance applies) plus a 0.5% boost each month if you make 15 bank transfers out of the account in the previous month, and a 0.5% boost for six months if you complete a switch with CASS. Rates correct as of 11th February 2025. ‘AER’ stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Subject to eligibility – see Savings Pot Key Product Information for more details.

**See a full list of limits, fees, and industry restrictions here, or our current account key product information, or terms & conditions, or savings pot key product information, or supplemental terms & conditions.

 

We'd love to say hello!

Speak to one of our team to find out how we might be able to help your business.

Call us

0330 094 3333

8:30am - 5:30pm Monday-Friday

Send us a message
circle square pink and orange left blue-shield
Allica Bank

 

Businesses

Business current accounts

Savings accounts

Asset finance

Commercial mortgages

Growth finance

Savers

Business savings​

Personal savings

Partners

Brokers

Accountants

Enterprise

About us

About Allica

Press

Careers

Resources

Blog

Customer stories

Commercial mortgage guide

Find an accountant

Help + Contact

Help & FAQs

Complaints

Tariff of Fees

Fraud advice

Contact us

Legal

Accessibility

Protecting your information and identity online

Modern Slavery Statement

Investor relations

Our ethics statement



Trustpilot


Privacy Policy

Website Terms of Use

Cookies Policy

Manage Cookies

Allica Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (FRN: 821851). Registered office: 4th Floor, 164 Bishopsgate, London EC2M 4LX. Registered in England and Wales with company number 07706156.

Allica Bank savings accounts and business current account products are regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Allica Bank lending products are not regulated products.

Asset finance and growth finance services are provided by Allica Financial Services Limited trading as Allica Bank Asset Finance. Registered office: 4th Floor, 164 Bishopsgate, London EC2M 4LX. Incorporated under the laws of England and Wales with company number 12784979. Allica Financial Services Limited is not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. The asset finance and growth finance products offered by Allica Bank Asset Finance are not regulated products.

Bridging Finance services are provided by Allica Bridging Finance Limited. Registered office: 3rd Floor 12-18 Grosvenor Gardens, London, England, SW1W 0DH. Incorporated under the laws of England and Wales with company number 10859711. Allica Bridging Finance Limited is not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. The bridging products offered by Allica Bridging Finance Limited are not regulated products.
cloudfront