Save smart.
Save simple.
Personal savings accounts
Reach your savings goals with a straightforward and secure savings account from Allica Bank.
AER1
Our personal savings accounts
All our savings accounts are designed to be simple and transparent.
* 'AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
- Withdraw with just 95 days notice
- Simple online application
- Eligible deposits are covered by the FSCS up to £85k
- We’ll need 95 days' notice before you can withdraw
- Withdraw with just 180 days notice
- Simple online application
- Eligible deposits are covered by the FSCS up to £85k
- We’ll need 180 days' notice before you can withdraw
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Earn a guaranteed rate for 6 months
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Simple online application
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Eligible deposits are covered by the FSCS up to £85k
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Two-week deposit window on opening your account
- Your money can’t be withdrawn until the fixed term ends
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Earn a guaranteed rate for one year
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Simple online application
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Eligible deposits are covered by the FSCS up to £85k
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Two-week deposit window on opening your account
- Your money can’t be withdrawn until the fixed term ends
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Earn a guaranteed rate for 18 months
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Simple online application
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Eligible deposits are covered by the FSCS up to £85k
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Two-week deposit window on opening your account
- Your money can’t be withdrawn until the fixed term ends
FSCS guaranteed
All our current accounts and savings accounts are covered by the Financial Services Compensation Scheme (FSCS). This means that, should anything happen to Allica Bank, any eligible deposit of up to £85,000 will be protected.
Find out more about your eligibility for FSCS coverage here.
Why save with Allica?
FSCS protected
Eligible deposits are covered by the FSCS up to £85k.
Apply & manage online
No need for any unnecessary paperwork.
UK-based support
Know exactly how much you'll get back at the end of the term.
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 some information about you and your savings.
3. Add money to your account
You’ll need to reach our minimum balance of £10,000 within two weeks of opening your account.