Business · Checked 25 Aug against Allica Bank’s own page

Allica Bank Business Rewards Account: £0, no monthly fee

Allica Bank Business Rewards Account: £0 No monthly fee. Built for established businesses: Allica describes customers typically incorporated for at least 12 months who deposit £50,000 or more. The 4.08% savings rate and 1.5% cashback are "up to" figures with conditions attached.

£0

No monthly fee

No monthly fees · savings pot up to 4.08% AER (conditions) · up to 1.5% cashback

Worth knowing

Built for established businesses: Allica describes customers typically incorporated for at least 12 months who deposit £50,000 or more. The 4.08% savings rate and 1.5% cashback are "up to" figures with conditions attached.

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The details

Account type: Current account
Who can open it: Limited companies
Worth knowing: No monthly fees · savings pot up to 4.08% AER (conditions) · up to 1.5% cashback
Protection: Up to £120,000 FSCS protection on eligible deposits (Allica's own wording).
Details: No monthly fees, with up to 150 free Faster Payments a month. An instant-access Savings Pot pays up to 4.08% AER (variable); Allica states the rate includes a 2.83% standard rate plus a conditional monthly boost. Up to 1.5% cashback on card spend. A dedicated relationship manager as standard. Syncs with Sage, Xero, QuickBooks and FreeAgent.
Source: Allica Bank's own page Checked 25 Aug · No commission

How MoneyHQ checked this

We read Allica Bank’s own page on 25 Aug and wrote down what it says: the figure, the conditions and the catch. Figures change, and the provider’s page is always the final word. The page we read is here. If you spot a difference, tell us and we will check again.

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