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0330 094 3333
8:30am - 5:30pm Monday-Friday
* 5.01% AER, 12 month fixed term deposits only. Min deposit £20k, max £2mil. T&Cs apply. Find out more here.
Covered by FSCS up to £85k
Competitive rates
Simple online application
UK-based support team
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.
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* ‘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.
Decide how long you can leave your savings untouched.
We’ll need Companies House and other financial information.
Our fixed rate products require minimum amounts deposited in 14 days.
Sick and tired of impersonal, inconvenient and poor value business banking?
Our Business Current Account comes with 4.33% AER* instant access savings pot and no monthly fees attached. Discover the banking your business deserves today.**
* ‘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.
**See a full list of limits, fees, and industry restrictions here or read our key features document or service information.
excellent interest rate on the savings account. Looking forward to when they will integrate with Xero so that I can ditch our existing current account provider totally!
What a refreshing approach to banking. Amazing Customer service provided by our account manager Luke Veale. The account was really easy to open, quick response times and best of all high % on savings account better than any offered by our normal business bank that we have been with for 20 years. So good to have a proactive approach
The calling officer knew what he was talking about and it was a breaze to go through Complaince and Money Laundering issues. The account itself was opened in 24 hours not the weeks, months it takes with any other UK bank. The service is perfect - if there are questions these are anwered in hours
Great SME bank account - will literally save us £'000s per year through the cashback offering and interest rate on savings. Decent relationship manager to who took the time to phone and discuss any other needs we might have.
Great interest rates, cashback on direct debit transactions, no charges for bacs payments and no monthly charges unlike my other business accounts with RBS. Customer service is also excellent.
Easy to set up account, Matt was and remains available for any queries ( we only had one small hiccup but was dealt with same day by phone ) which is very rare this day to get to speak to a person who knows what they are meant to do, will recommend to friends
excellent interest rate on the savings account. Looking forward to when they will integrate with Xero so that I can ditch our existing current account provider totally!
What a refreshing approach to banking. Amazing Customer service provided by our account manager Luke Veale. The account was really easy to open, quick response times and best of all high % on savings account better than any offered by our normal business bank that we have been with for 20 years. So good to have a proactive approach
The calling officer knew what he was talking about and it was a breaze to go through Complaince and Money Laundering issues. The account itself was opened in 24 hours not the weeks, months it takes with any other UK bank. The service is perfect - if there are questions these are anwered in hours
Great SME bank account - will literally save us £'000s per year through the cashback offering and interest rate on savings. Decent relationship manager to who took the time to phone and discuss any other needs we might have.
Great interest rates, cashback on direct debit transactions, no charges for bacs payments and no monthly charges unlike my other business accounts with RBS. Customer service is also excellent.
Easy to set up account, Matt was and remains available for any queries ( we only had one small hiccup but was dealt with same day by phone ) which is very rare this day to get to speak to a person who knows what they are meant to do, will recommend to friends
excellent interest rate on the savings account. Looking forward to when they will integrate with Xero so that I can ditch our existing current account provider totally!
What a refreshing approach to banking. Amazing Customer service provided by our account manager Luke Veale. The account was really easy to open, quick response times and best of all high % on savings account better than any offered by our normal business bank that we have been with for 20 years. So good to have a proactive approach
The calling officer knew what he was talking about and it was a breaze to go through Complaince and Money Laundering issues. The account itself was opened in 24 hours not the weeks, months it takes with any other UK bank. The service is perfect - if there are questions these are anwered in hours
Great SME bank account - will literally save us £'000s per year through the cashback offering and interest rate on savings. Decent relationship manager to who took the time to phone and discuss any other needs we might have.
Great interest rates, cashback on direct debit transactions, no charges for bacs payments and no monthly charges unlike my other business accounts with RBS. Customer service is also excellent.
Easy to set up account, Matt was and remains available for any queries ( we only had one small hiccup but was dealt with same day by phone ) which is very rare this day to get to speak to a person who knows what they are meant to do, will recommend to friends
excellent interest rate on the savings account. Looking forward to when they will integrate with Xero so that I can ditch our existing current account provider totally!
What a refreshing approach to banking. Amazing Customer service provided by our account manager Luke Veale. The account was really easy to open, quick response times and best of all high % on savings account better than any offered by our normal business bank that we have been with for 20 years. So good to have a proactive approach
The calling officer knew what he was talking about and it was a breaze to go through Complaince and Money Laundering issues. The account itself was opened in 24 hours not the weeks, months it takes with any other UK bank. The service is perfect - if there are questions these are anwered in hours
Great SME bank account - will literally save us £'000s per year through the cashback offering and interest rate on savings. Decent relationship manager to who took the time to phone and discuss any other needs we might have.
Great interest rates, cashback on direct debit transactions, no charges for bacs payments and no monthly charges unlike my other business accounts with RBS. Customer service is also excellent.
Easy to set up account, Matt was and remains available for any queries ( we only had one small hiccup but was dealt with same day by phone ) which is very rare this day to get to speak to a person who knows what they are meant to do, will recommend to friends
Speak to one of our team to find out how we might be able to help your business.
8:30am - 5:30pm Monday-Friday
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.