Business · Checked against Allica Bank’s own page
Allica Bank 12-Month Fixed-Rate Business Savings: 4.00% AER on business savings
Allica Bank 12-Month Fixed-Rate Business Savings: 4.00% AER on business savings. Your money can't be withdrawn until the fixed term ends, and the deposit window closes two weeks after opening.
4.00%
AER on business savings
- Fixed for 12 months: no withdrawals until the term ends, and a two-week deposit window on opening.
Worth knowing
Your money can't be withdrawn until the fixed term ends, and the deposit window closes two weeks after opening.
No commission
The details
- Account type
- Savings
- Who can open it
- Both
- Cash handling
- Fixed for 12 months: no withdrawals until the term ends, and a two-week deposit window on opening.
- Worth knowing
- 4.00% AER fixed for one year
- Protection
- Eligible deposits are covered by the FSCS up to £120k (Allica's own wording).
- Details
- A guaranteed 4.00% AER for one year, with a simple online application. Allica's business savings are available for UK-registered limited companies, LLPs, partnerships and sole traders in England, Scotland and Wales.
- Source
- Allica Bank's own page Checked 25 Aug · No commission
How it compares
3rd of 4 by rate, among the business savings accounts MoneyHQ has checked.
| Account | Rate | The terms | Checked |
|---|---|---|---|
| Shawbrook 1 Year Fixed Rate Business Bond | 4.70% AER | See the offer | 6 Sept |
| Redwood Bank 95 Day Business Savings Account | 4.05% AER | 4.05% AER variable · 95 days' notice | 25 Aug |
| Allica Bank 12-Month Fixed-Rate Business Savings (this offer) | 4.00% AER | 4.00% AER fixed for one year | 25 Aug |
| Allica Bank Easy Access Business Savings | 2.80% AER | 2.80% AER variable · withdraw anytime | 25 Aug |
Every figure is from each provider's own page, checked on the date shown on that offer. MoneyHQ orders this table by rate alone; commission never changes the order.