Alliance & Leicester offers online saver bonus

Alliance & Leicester is offering a 0.9 per cent bonus to its Online Saver Issue 2 savings account, which is payable until 30th June 2006.

The bonus will bring the interest rate on the saving account to 5.15 per cent per annum gross, which is 4.70 per cent annual equivalent rate (AER).

The bonus is available to new customers who open an account before 31st December 2005 and also to existing Online Saver Issue 2 customers.

Mike Woodward, manager for savings at Alliance & Leicester, said: “Our Online Saver accounts have proved to be extremely popular, we believe customers like the convenience of managing their savings online.

“Online Saver Issue 2 is already very competitive and with this added bonus it now offers a market-leading rate.”

Savers are allowed a minimum balance of £1 and a maximum of £25,000 in the Online Saver Issue 2 account.

© Adfero Ltd

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