Allica Bank business savings: rates and access
Important: This guide provides general information, not personalised financial advice. Financial products, rates and eligibility rules can change, so check the provider’s current terms before applying. You can check a firm’s details on the FCA Register.
Quick answer
Allica Bank’s business savings paid 2.80% AER variable on easy access, 3.65% and 3.70% AER on 95- and 180-day notice, and 3.86%, 4.00% and 3.80% AER fixed for 6, 12 and 24 months, as of 4 October 2026.
Fixed terms have a two-week deposit window and no withdrawals until the end of the term.
Who it’s for
- Businesses with surplus cash they can set aside
- Businesses that want to fix for 6 to 24 months
Who should skip it
These are general points to weigh up, not advice. You may want to look elsewhere if:
- You might need the money at short notice — notice and fixed accounts restrict access
Allica business savings rates
| Account | Rate | Access |
|---|---|---|
| Easy Access | 2.80% AER variable | Withdraw any time |
| 95-day notice | 3.65% AER variable | 95 days’ notice |
| 180-day notice | 3.70% AER variable | 180 days’ notice |
| 6-month fixed | 3.86% AER | Locked until maturity |
| 12-month fixed | 4.00% AER | Locked until maturity |
| 24-month fixed | 3.80% AER | Locked until maturity |
Figures as of 4 October 2026, taken from the provider’s own website. Rates and fees can change.
The catch
If you also open the Business Rewards Account, its savings pot (up to 4.08% AER with boosts) may pay more than easy access — but only if you meet the boost conditions.
Check Allica’s current savings rates.
These go straight to each provider’s own website. They aren’t referral links and we don’t earn from them.
FAQs
Are Allica business savings FSCS protected?
Yes, eligible deposits are covered up to £120,000 across all your Allica accounts.
Can I withdraw early from an Allica fixed term?
No. Money can’t be withdrawn until the fixed term ends.
How long is the deposit window?
Two weeks from opening a fixed-term account.
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