This bank account could earn you up to £10,000 of ‘quiet interest’ this year (aff)

A UK bank looking to shake up how businesses earn from their cash is offering companies the chance to make as much as £10,000 over the next 12 months – with very little effort involved.

Allica Bank, recently named Europe’s fastest-growing startup, offers an account that pays competitive interest on spare balances, alongside cashback on everyday spending, all within a fully digital platform designed to keep things simple.

According to the bank, this combination can make a noticeable difference for customers that tend to hold larger sums. For example, a company with around £250,000 in its account could earn close to £10,000 in interest during 2026.

That return doesn’t require investing, locking money away, or taking on additional risk. Funds remain accessible, and once the account is set up, there’s nothing extra for customers to manage.

On top of interest, Allica Bank also offers cashback on day-to-day spending, with rates of up to 1.5% on eligible purchases. From utilities to office expenses, routine outgoings can quietly contribute to overall returns.

The account is built around a digital-first experience, with a clear online dashboard and mobile app allowing businesses to track balances, manage payments and integrate with accounting tools such as Sage and Xero.

Customers are also assigned a dedicated relationship manager, providing personalised support when needed.

Switching to Allica Bank is designed to be straightforward via the Current Account Switch Service, with no hidden fees eating into returns. Opening an account can be done quickly online, making it easy for businesses to see whether their cash could be working harder over the coming year.

To find out more, click here.