Get up to 5.01%* interest on your business savings.

If your bank hasn't passed on the rise in interest rates yet, try Allica.

 

Get up to 5.05%* interest on your business savings.

 

 

 

 

 

 

Get started How to sign up

* 5.01% AER, 180-Day Notice account only. Min deposit £20k, max £2m. T&Cs apply. Find out more here.

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Covered by FSCS up to £85k

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Competitive rates

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Simple online application

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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 4.08% AER*. Discover the banking your business deserves today.**

Learn more

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*Rate correct as of 7th November 2024. 'AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compound once each year.

**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
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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 Tuscan Capital Limited. Tuscan Capital Limited is not authorised or regulated by the PRA or FCA. Bridging Finance products offered by Tuscan Capital Limited are not regulated products.