Savings account boost from A&L

Thursday, December 22, 2005

Alliance and Leicester (A&L) has announced some great news for people looking to switch their savings account.

The bank has extended its ten per cent AER regular savings offer, a market-leading figure, available to customers switching to either the Premier Direct or Premier account until the end of January.

The Regular Savings account is linked to the Premier Direct or Premier account to offer an unrivalled interest rate by combining a savings and current account.

Customers opening a Premier Direct account from January 3rd will receive a five per cent AER for a massive 15 months; the rate is fixed until March 31st 2007.

For the first 12 months, A&L also offers zero per cent on agreed overdrafts, with a 'go to' rate of just 5.9 per cent after this period.

Simon Ripton, Current Accounts Manager at A&L said: "A&L's Premier and Premier Direct current accounts are recognised as being amongst the best on the market by far, and this savings account makes it even more attractive to switch."

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