Save smart.
Save simple.

Personal savings accounts

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

Earn up to
4.10%

AER1

1 'AER' stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. 6-month fixed term deposit account only. T&Cs apply. Find out more here.

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.

95-day notice
3.40%
AER* (variable)
  • 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
180-day notice
4.00%
AER* (variable)
  • 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
6-month fixed-rate
4.10%
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​​​​​​​
  • Your money can’t be withdrawn until the fixed term ends
12-month fixed-rate
4.10%
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​​​​​​​
  • Your money can’t be withdrawn until the fixed term ends
18-month fixed-rate
4.05%
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​​​​​​​
  • Your money can’t be withdrawn until the fixed term ends
24-month fixed-rate
4.00%
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
  • Your money can’t be withdrawn until the fixed term ends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.

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Why save with Allica?

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FSCS protected

Eligible deposits are covered by the FSCS up to £85k.

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Apply & manage online

No need for any unnecessary paperwork.

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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.

What people say about us

Explore our high-interest savings accounts
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