Personal savings accounts

Save smart. Save simple.

Reach your savings goals with a straightforward and secure savings account from Allica Bank.

fscs-protected

See our accounts

Covered by FSCS up to £85k

Competitive rates

Simple online application

UK-based support team

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

Our personal savings accounts

4.30%AER*

Earn a guaranteed rate for 6 months
Simple online application
Eligible deposits are covered by the FSCS up to £85k
Two-week deposit window on opening your account

Learn more

4.20%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

Learn more

4.00%AER*

Earn a guaranteed rate for 18 months
Simple online application
Eligible deposits are covered by the FSCS up to £85k
Two-week deposit window on opening your account

Learn more

3.81%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

Learn more

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' 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.

To be eligible you must:

Be a UK resident
Be at least 18 years' old
Have an existing UK bank account

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.

About Allica

Allica is a bank built especially for established businesses with between 5 and 250 employees.

These businesses make up a third of UK employment and turnover, yet the service they get from the big banks is increasingly impersonal, inconvenient, and poor value. We don’t think that’s right.

Allica Bank is on a mission to give established businesses the no-nonsense banking they deserve. That means a current account with no monthly fees, a relationship manager whose name and number they actually know, and technology that makes life easier, not harder.

It's business banking how it used to be, just better.

Learn more

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Introducer Portal

Online banking

Introducer Portal

Personal savings accounts

Save smart. Save simple.

Saving with Allica Bank

Get a great rate

Apply online now

Help at the ready

Our personal savings accounts

6-month fixed-rate

4.30%AER*

12-month fixed-rate

4.20%AER*

18-month fixed-rate

4.00%AER*

24-month fixed-rate

3.81%AER*

Things you should know before applying:

To be eligible you must:

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