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Business · Checked against Allica Bank’s own page

Allica Bank Easy Access Business Savings: 2.80% AER on business savings

Allica Bank Easy Access Business Savings: 2.80% AER on business savings. The rate is variable and sits well below Allica's own fixed and notice rates; instant access is what you're paying for.

2.80%
AER on business savings
  • Withdraw anytime.
Worth knowing

The rate is variable and sits well below Allica's own fixed and notice rates; instant access is what you're paying for.

No commission

The details

Account type
Savings
Who can open it
Both
Cash handling
Withdraw anytime.
Worth knowing
2.80% AER variable · withdraw anytime
Protection
Eligible deposits are covered by the FSCS up to £120k (Allica's own wording).
Details
2.80% AER (variable) with withdrawals anytime and 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 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.

How it compares

4th of 4 by rate, among the business savings accounts MoneyHQ has checked.

AccountRateThe termsChecked
Shawbrook 1 Year Fixed Rate Business Bond4.70% AERSee the offer6 Sept
Redwood Bank 95 Day Business Savings Account4.05% AER4.05% AER variable · 95 days' notice25 Aug
Allica Bank 12-Month Fixed-Rate Business Savings4.00% AER4.00% AER fixed for one year25 Aug
Allica Bank Easy Access Business Savings (this offer)2.80% AER2.80% AER variable · withdraw anytime25 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.