1. Business Rewards Account
  2. Switch and Refer Rewards Programme

How does the Refer & Switch Rewards Programme work?

To say thanks for referring businesses to Allica we are offering an interest rate boost to the Savings Pots of our Business Reward Account customers – you can earn up to an extra 1% AER*.  

We are rewarding both the referrer and referee with an extra 0.5% AER* to thank them for recommending Allica and banking with us. 

If you switch one of your other accounts to Allica using CASS, you will earn an additional 0.5% AER*.  

If you choose not to switch your account, you can refer another business to maximise your reward.  

The maximum boost you will receive to your Savings Pot interest rate is 1% AER*.

*Rate correct as of 4th January 2024. ‘AER’ stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.