Why does Allica have a minimum average balance?

Allica’s mission has always been specifically to give established businesses the banking they deserve. From our customer base, we know that the established businesses we are built to serve will typically keep at least £50,000 in their account (in most cases, much more). 

We maintain this minimum balance so that we can continue to give our customers real value from their bank account, including your dedicated relationship manager, cashback on eligible card payments, regular new features, and perks like our Savings Pot Boosts to help you get an even better return on your cash.