A&L extends 10% savings account

Alliance and Leicester (A&L) has announced that it is extending its market leading ten per cent interest savings account, the Regular Saver.

The ten per cent offer will now remain open until the end of January for customers who switch to the A&L Premier Direct or Premier current accounts.

As an added inducement, A&L has said that its five per cent interest rate offer paid on all money held in Premier Direct accounts will be extended to fifteen months, fixed until March 31st 2007.

“The launch of Premier Regular Saver has proved enormously popular – so we have decided to extend the offer for a further month,” said Simon Ripton of A&L.

“A&L’s Premier and Premier Direct current accounts are recognised as being among the best on the market by far, and this savings account makes it even more attractive to switch,” he added

The Regular Saver requires fixed monthly payments of between £10 and £250, with the balance paid into a Premier or Premier Direct account at the end of the 12 month period.

© Adfero Ltd

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