Business bank account paying up to £10,000 interest

Business bank account paying up to £10,000 interest


Get real money back every time you spfinish with this breakthrough bankplaceholder image
Get real money back every time you spfinish with this breakthrough bank | Allica Bank

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Customers with healthy cash balances could be missing out on thousands a year by leaving money sitting idle in traditional accounts

A challenger bank that wants businesses to obtain more out of their money is offering firms a simple way to generate up to £10,000 a year — without modifying how they operate day to day.

Allica Bank, the British company that recently became Europe’s rapidest-growing startup, has designed an account that rewards business owners for money that would otherwise sit idle. It combines competitive interest on balances with cashback on everyday spfinishing, all wrapped up in a fully digital setup.

According to Allica, the sums can add up quickly for businesses that regularly hold larger balances.

Allica Bank is earning some businesses up to £10,000 in interestplaceholder image
Allica Bank is earning some businesses up to £10,000 in interest | Allica Bank

For example, a company maintaining an average balance of £250,000 could earn close to £10,000 in interest over a 12-month period — without shifting money into investments, taking on risk, or actively managing their account.

On top of that, Allica offers cashback on routine business spfinishing, paying up to 1.5% back on eligible card purchases. From fuel and utilities to office supplies, everyday costs can quietly start working in a company’s favour.

Allica Bank's new system can build serious interest - and earn decent cashback, tooplaceholder image
Allica Bank’s new system can build serious interest – and earn decent cashback, too | Allica Bank

The account is built around a digital-first experience, with a clean online dashboard and mobile app that lets applyrs track balances, manage payments and connect directly to accounting platforms like Xero or Sage. Each business is also assigned a dedicated relationship manager, offering human support alongside the tech.

Moving over is designed to be painless thanks to the Current Account Switch Service, and there are no hidden charges eating into returns. Opening an account is handled online, with just a few simple steps.

To find out more, or to see whether your business could earn up to £10,000 next year, click here.

Allica Bank is modifying how UK businesses create their money work harder. Its Business Rewards Account offers high interest on idle cash and up to 1.5% cashback on everyday spfinishing – without the required for risky investments or complex setups. With a fully digital platform, seamless integration with Sage or Xero, and dedicated relationship managers, it’s a smarter way to manage your funds and boost your bottom line.

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