Full product details for the Alliance and Leicester Current Account, including application criteria, incentives, facilities, overdraft, rates and fee & charges. Apply online now.
 |  Compare Alliance and Leicester current account details against other current accounts or use our current account comparison tables.Did you know Alliance and Leicester also provide credit cards, mortgages, savings, home insurance, travel insurance and van insurance? |
| Company: | Alliance & Leicester
www.alliance-leicester.co.uk
| Alliance & Leicester
www.alliance-leicester.co.uk
| Alliance & Leicester
www.alliance-leicester.co.uk
|
| Product: | Premier Direct Current Account | Premier 21 | Premier Current Account |
| | details | details | details |
| Apply via this site: |  | | |
| | | | |
| Application Criteria | |
 Minimum income: | £0 | £0 | £0 |
| Minimum Monthly Credit: | £500 | £0 | £500 |
| Minimum Investment: | £0 | £1 | £0 |
| Maximum Investment: | Unlimited | Unlimited | Unlimited |
| Minimum Age: | 21 | 16 | 21 |
| Maximum Age: | Unlimited | 20 | Unlimited |
| Existing Customer Only: |  | | |
| Area Restrictions: | none | none | none |
| Transfer Assistance: |  | | |
| Incentives | |
| Account Promotions: | | | |
| Incentive Cashback £: | £0 | £0 | £0 |
| Incentive Moneyback: | | | |
| Incentive Pref Rate/Deals: | | | |
| Incentive Disc/Vouchers: | | | |
| Incentive Breakdown: | | | |
| Incentive Protection: | | | |
| Incentive Other Insurance: | | | |
| Incentive Savings Sweep: | | | |
| Incentive Currency: | | | |
| Incentive Other: | | | |
| Facilities | |
| Internet Banking: | | | |
| Branch Banking: | | | |
| Telephone Banking: | | | |
| Post Office Banking: | | | |
| Standing Orders: | | | |
| Direct Debits: | | | |
| BACS Transfers: | | | |
| CHAPS Transfers: | | | |
| Bill Payment Service: | | | |
| Statement Frequency: | monthly | monthly | monthly |
| Min Additional Deposit: | Unlimited | Unlimited | Unlimited |
| Minimum Withdrawal: | Unlimited | Unlimited | Unlimited |
| Withdrawal Restrictions: | min £250 at branch | none | min £250 at branch |
| ATM Card: | | | |
| ATM Mini Statements: | | | |
| Max ATM Withdrawal: | £250 | £250 | £250 |
| Cheque Book: | | | |
| Cheque Guarantee Card: | £100 | £100 | £100 |
| Cheque Clearance Time: | 5 | 5 | 5 |
| Debit Card: | | | |
| Debit Card Type: | Visa | Visa | Visa |
| Passbook: | | | |
| Text Messaging Events: | | | |
| Text Mini Statements: | | | |
| Travel Ins Winter Sport: | | | |
| Overdraft | |
| Overdraft Facility: | | | |
| Interest Free O/D Limit: | £2,500 | £2,500 | £2,500 |
| Automatic O/D Facility: | £0 | £0 | £0 |
| Overdraft Buffer Limit: | £0 | £0 | £0 |
| Overdraft Arrangement Fee: | | | |
| Auth O/D Rate-APR/EAR: | 0% | 0% | 0% |
| Mthly Auth O/D Charge: | £0 | £5 | £0 |
| Unauth O/D Rate-APR/EAR: | 0% | 0% | 0% |
| Mthly Unauth O/D Charge: | £0 | £0 | £0 |
| Overdraft Letter Charge: | £0 | £0 | £0 |
| Rates | |
| Headline Interest Rate: | 8.5% | 10% | 1% |
| Rate Guarantee: | | | |
| Introductory Bonus: | 0% | 0% | 0% |
| Amount of Bonus: | 0% | 0% | 0% |
| Open-ended Bonus: | 0% | 0% | 0% |
| Non Standard Tiers: | | | |
| Gross AER - £1/£50: | 8.50% | 10% | 1% |
| Gross AER - £500: | 8.50% | 10% | 1% |
| Gross AER - £1,000: | 8.50% | 10% | 1% |
| Gross AER - £2,500: | 8.50% | 0.10% | 1% |
| Gross AER - £5,000: | 0.10% | 0.10% | 0.10% |
| Gross AER - £10,000: | 0.10% | 0.10% | 0.10% |
| Gross AER - £25,000: | 0.10% | 0.10% | 0.10% |
| Gross AER - £50,000: | 0.10% | 0.10% | 0.10% |
| Gross AER - £100,000: | 0.10% | 0.10% | 0.10% |
| Interest Payment Freq: | monthly | monthly | monthly |
| Interest on Withdrawal: | day before | day before | day before |
| Int Added to Account: | | | |
| Interest Paid by Cheque: | | | |
| Int Paid to Bank A/c: | | | |
| Int Paid to Other A/c: | | | |
| Int After Cash Deposit: | 1 working day | 1 working day | 1 working day |
| Int After Cheq Deposit: | 3 working days | 3 working days | 3 working days |
| Int After BACS Deposit: | 1 working day | 1 working day | 1 working day |
| Interest Variant: | | | |
| Max Balance High Interest: | £2,500 | £1,000 | £2,500 |
| Fee & Charges | |
| Free Banking: | | | |
| Monthly Charge: | £0 | £0 | £0 |
| Standing Order Charge: | £0 | £0 | £0 |
| S/O Setting Up Charge: | £0 | £0 | £0 |
| S/O Amendment Charge: | £0 | £0 | £0 |
| S/O Cancellation Charge: | £0 | £0 | £0 |
| Unpaid S/O Charge: | £25 | £0 | £25 |
| Direct Debit Charge: | £0 | £0 | £0 |
| Debit card charge Europe: | 0% | 0% | 0% |
| D/D Setting Up Charge: | £0 | £0 | £0 |
| D/D Amendment Charge: | £0 | £0 | £0 |
| D/D Cancellation Charge: | £0 | £0 | £0 |
| Unpaid D/D Charge: | £25 | £0 | £25 |
| CHAPS Charge: | £30 | £30 | £30 |
| Stopped Cheque Charge: | £10 | £10 | £10 |
| Unpaid Cheque Charge: | £25 | £0 | £25 |
| Transaction Charge: | 0 | 0 | 0 |
| Unauth Transaction Fee: | £5 per day + £25 per paid item | £3 per day | £5 per day + £25 per paid item |
| ATM Withdrawal Charge: | £0 | £0 | £0 |
| ATM charge Europe: | 2% | 2% | 2% |
| A/c Transfers Int. Free: | | | |
| Bankers Draft Charge: | £10 | £10 | £10 |
| Bankers Reference Charge: | £10 | £10 | £10 |
| Copy Cheque Charge: | £10 | £10 | £10 |
| Duplicate Stat Charge: | £5 | £5 | £5 |
| Special Clearance Charge: | £10 | £10 | £10 |
| Forex fee % Europe: | 2.95% | 2.95% | 2.95% |
| Other Charges: | | | |
Products listed under 'Most Popular' are the most popular products that can be applied for via money.co.uk.
Money Saving TipType: Freebie
Expiry: 29th Sep 2008 (Expired)Move your money to Alliance & Leicester's Premier Current Account online and get £100.
What's the deal?
Apply for Alliance & Leicester's Premier Current Account online, move your money using their free switching service and they'll pay £100 into your account.
You'll also get a 0% APR overdraft for 12 months, 1% AER paid on balances up to £2,500, preferential rates on your savings and European annual multi-trip travel insurance worth £60 thrown in for free.
How do I benefit?
To take advantage of this offer simply apply for an account online, stating that you'd like to use the Alliance & Leicester 'Premier Switching Service' to transfer any direct debits and standing orders from you existing current account on the application form.
You will then need to pay in at least £500 (this can be your salary or another form of income) into your account within 11 weeks and on a monthly basis thereafter.
Providing this is all set up correctly you should receive the free £100 within 15 weeks of its opening.
Expiry
Alliance & Leicester don't specify an end date to this offer although they do state that it is 'limited and subject to availability'.
Conditions
This offer is only available to new Alliance & Leicester customers over the age of 21. This current account is fee free.
Compare current accounts via money.co.uk
