Your bank is paying peanuts – this one pays 3.83% and nobody mentions it
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If your bank is still paying you around 1% interest, you’re almost certainly losing money – and one fast-growing bank is proving it
One of the easiest ways to make a bit of extra cash is to switch your current account. And this goes far beyond the switch bonuses offered by some high-street banks; research has shown that millions of people are losing hundreds if not thousands every year simply because they’ve never thought to check what their money is earning.
Interest rates are low right now, and some savings accounts are only offering around 1% - but there are banks offering a lot more.
For example, one bank in particular is offering up to 3.83% AER on instant access savings. Instant access means you can still use your money whenever you like.
It’s called Allica Bank, and whether or not you've come across them yet, the numbers behind them are quite remarkable. They were the fastest-growing private company in the UK last year, and the fastest-growing UK fintech ever.
Customers rate them “Excellent” on Trustpilot, and they're lured in by a Business Rewards Account that includes an instant access savings pot paying up to 3.83% AER.
It also offers up to 1.5% cashback on card spend, and a relationship manager at your beck and call.
To find out how much more money your business could be making every month if you make the switch, click here.
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