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Alliance & Leicester extends savings account offers

24 March 2006

Alliance & Leicester has announced it is extending its ten per cent gross pa/AER regular savings account offer right through until the end of April.

The Premier Regular Saver account is available to customers opening a new Alliance & Leicester Premier or Premier Direct current account.

The bank said that the bonus the five per cent AER credit interest rate on the Premier Direct current account has also been extended.

Simon Ripton, current accounts manager at Alliance & Leicester said: "Premier Regular Saver continues to be popular – so we have decided to extend the offer through until the end of April.

"Our Premier and Premier Direct current accounts are recognised as being the best on the market by far, and this savings account provides an even greater incentive to switch to us."

Customers opening a Premier Direct current account from April 3rd will get the interest rate fixed for 15 months.

The account also offer a zero per cent interest rate on authorised overdrafts for the first 12 months, with a 'go to' rate of 5.9 per cent – the lowest overdraft rate in the UK.

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