ComparisonLast checked 8 November 2026

Allica Bank vs Zempler Bank

A UK bank current account for established businesses that keep £50,000 or more with Allica, with card cashback, a linked savings pot and a named relationship manager. A UK bank business account, formerly Cashplus, with a £0 plan, Post Office cash deposits and paid plans that remove card FX fees and add cashback. We also show Incard, our pick for businesses whose main costs go on cards.

By the editorial team. How we make money.

Where Incard beats both

You spend thousands a month on cards, especially on advertising, software or travel
You want a euro account, which Allica Bank or Zempler Bank don't list
You want a US dollar account, which Allica Bank or Zempler Bank don't list
You want accounts for LLPs, which Allica Bank or Zempler Bank don't list
You're comfortable with safeguarding instead of FSCS cover

cashback a year on Incard's £0 Free plan from £5,000 a month of eligible ads, software and travel spend. Simple arithmetic, not a forecast.

£600

Apply for Incard on incard.co

We may earn a commission if you apply.

Allica Bank suits you if

Your business has traded for at least a year and keeps £50,000 or more in the account
You spend a lot on the card and want cashback without a monthly fee
You want a named relationship manager
You want your balance held by a bank, with FSCS cover

Zempler Bank suits you if

You pay in cash at the Post Office
You want FSCS cover on a £0 plan
You want to take contactless card payments on your phone
You'd pay £9 or £19 a month to drop card FX fees and earn cashback

At a glance

**Table notes:** correct as of 8 November 2026, from each provider's own pages listed under Sources. “Not listed” means the provider's pages we checked don't say.
	Allica Bank	Zempler Bank	Incard
Type and protection	Bank · FSCS cover	Bank · FSCS cover	E-money · safeguarded, no FSCS
Who can open one	UK limited companies	UK sole traders and UK limited companies	UK sole traders, UK limited companies, LLPs, Swiss GmbHs and AGs and Swiss sole traders
Cheapest plan	£0 a month with an average balance of £10,000 or more; otherwise £25 a month	Business Go: £0 a month	Free: £0 a month
Plans (monthly)	One plan: £0 a month with a £10,000 average balance, otherwise £25	Business Go £0, Business Extra £9, Business Pro £19	Free £0, Grow £49, Plus from £199
Card cashback	1%, rising to 1.5% after £10,000 of card spend in a month	Up to 0.5% on Extra, up to 1% on Pro, tiered by monthly spend, max £1,000 a month	Free: 1% on ads, software and travel, 0.5% on other eligible spend. Higher on Grow and Plus. Uncapped
Card payments in other currencies	No Allica fee; Visa exchange rate	2.99% on Go; no fee on Extra and Pro	1.8% on Free, 1.5% on Grow and Plus
Domestic transfers	150 Faster Payments a month free, then £0.12	3 free on Go, 20 on Extra, 500 on Pro, then 35p	100 included on Free, 250 on Grow, then £0.30 each
International transfers	Through Wise in GBP, EUR or USD; Wise fee applies, no Allica fee	EUR to SEPA countries and USD to the US, fee shown in app; up to £22 per payment in	3 included on Grow; otherwise from £5 (SHA) or £20 (OUR)
ATM withdrawals	No Allica fee; £750 a day limit	£2 UK, £3 abroad on Go; free on Extra and Pro	2% in the UK, 2.5% abroad
Cash deposits	Not available: pay-ins by electronic transfer only	Post Office: 0.55%, £4 minimum, up to £6,000 a day	Not listed
Currencies you can hold	GBP only	Not listed	GBP, EUR and USD, with IBANs
Accepting card payments	Not listed	Tap to Pay in the app through Stripe; no Zempler fee, Stripe fees apply	Not listed

Where they differ

Based on what each provider lists on its own pages. If a feature isn't listed, check with the provider before you rule it out.

Only Zempler Bank lists cash deposits, card payments from customers and invoicing.
Only Incard lists a euro account, a US dollar account, accounts for LLPs, accounts for Swiss GmbHs and AGs and accounts for Swiss sole traders.

What each one is, and who can open one

Allica Bank

Allica Bank Limited (company number 7706156), authorised by the PRA and regulated by the FCA and PRA (FRN 821851). Eligible deposits are protected up to £120,000 by the FSCS, across all your accounts with Allica Bank.

Who can open one: UK-based businesses incorporated for at least 12 months that keep £50,000 or more in the account or have a loan (including an overdraft) with Allica. The product page also asks for UK-resident applicants aged 18 or over. Prohibited sectors include gambling, crypto, money service businesses, payment service providers and unregistered charities. Full Allica Bank profile.

Zempler Bank

Zempler Bank Limited (company number 04947027), authorised by the PRA and regulated by the FCA and PRA (FRN 671140). Eligible deposits are protected up to a total of £120,000 by the FSCS.

Who can open one: UK residents aged 18 or over with a UK-based business: sole traders not registered at Companies House, active limited companies limited by shares (at least one UK-resident director, 4 or fewer PSCs, no multiple corporate PSCs), partnerships and charities. Companies limited by guarantee or with corporate shareholders pay a £100 fee. Some industries aren't accepted. Full Zempler Bank profile.

Incard

Incard Ltd is authorised by the FCA as an electronic money institution (firm reference number 1027309). It is not a bank. Safeguarded: Incard keeps customer funds separate from its own money, in accounts with authorised credit institutions, and doesn't lend or invest them. Funds are not protected by the FSCS.

Who can open one: UK limited companies and LLPs, UK sole traders and freelancers registered with their local authority, and Swiss GmbH, AG and sole-trader businesses. EEA onboarding is paused until an expected restart in 2027. Public sector bodies, cooperatives, charities, foundations and trusts aren't accepted, and a long list of industries is restricted. Full Incard profile.

Our e-money vs bank account guide explains what safeguarding and FSCS cover mean if a provider fails.

When Incard isn't the answer

Incard isn't the right account if

Your business is registered outside the UK and Switzerland. EEA onboarding is paused until an expected restart in 2027
You're a charity, cooperative, foundation, trust or public body, or work in one of Incard's restricted industries