Full product details for the Alliance and Leicester Premier Current Account, including account details, application criteria, facilities, rates, overdraft, fee & charges, incentives, student & graduate incentives and business accounts.
This product is no longer available...
Alliance and Leicester no longer provide any current accounts. Compare current accounts from other providers, or use the options to the right.
A minimum of £500 credited to the account is required or a fee of £5 a month will be incurred
Interest Free Overdraft Limit
£2,000
Maximum overdraft limit is £2000. No interest or usage fees on arranged overdrafts, for the first 12 months, from account opening, (not including customers who are moving from another Alliance & Leicester current account). After 12 months, the 0% overdraft continues, but a daily usage fee of 50p a day (up to £5 a month) applies, if the arranged overdraft is used. £2000 is the maximum overdraft limit and not an automatic limit.
Standard Overdraft Rate
none
The annual authorised overdraft rate is 0% EAR.
Daily Overdraft Charge
£0.50
There is no monthly authorised overdraft administration fee for the first 12 months from account opening. Thereafter, there is a daily fee of £0.50 per day the account is overdrawn, capped at £5 per month.
Headline Interest Rate
0.5%
The headline interest rate is 0.50% AER.
Reward Payment
£0
No reward payment payable.
Minimum Investment
£0
There is no minimum investment required, however interest is calculated from £1.
Internet Banking
yes
Internet banking is available where the customer would be able to access their current and savings accounts online, plus receive total support from a 24 hour helpdesk. With Internet Banking the customer can: - Access their savings and current accounts online. - Make transfers between their current account and savings account. - View and cancel Direct Debits. - Set up, amend and cancel standing orders. - Pay bills and view statements. - Download statements. - Order cheque books, foreign currency and travellers cheques.
Branch Banking
yes
This account can be operated through a branch.
Telephone Banking
yes
Account Promotions
yes
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Existing Customer Only
no
This account is not available to existing customers only.
Minimum Monthly Credit
£500
A minimum of £500 credited to the account is required or a fee of £5 a month will be incurred
Minimum Contract Term
0 months
Not applicable.
Minimum Age
21 years
The minimum age to open this account is 21 years.
Maximum Age
Unlimited
There is no maximum age limit.
Minimum Income
£0
There is no minimum income required to open this account.
Minimum Investment
£0
There is no minimum investment required, however interest is calculated from £1.
Maximum Investment
Unlimited
The maximum investment is unlimited.
Student Bank Account
no
This is not a student bank account.
Graduate Bank Account
no
This is not a graduate bank account.
Area Restrictions
none
There are no area restrictions.
Get our free money saving newsletter
Join over 480,000 other subscribers who grab our expert money tips, unmissable money guides & hottest bargains each week in our special email...
Absolutely great site, so many deals in an easy-read layout. Well done money.co.uk!
Great money saving ideas - I'd never have the time to find these deals off my own back.
I was after info regarding ISAs as I knew NOTHING and your website pointed me in the right direction! Thanks.
Clarkson-leach
I always read your emails first to see what savings and special offers are around, I find it very useful and have told friends about it.
J. Barry
Great Site, good advice and offers.
I found your site very helpful re ISAs - nice & clear.
Awesome advice!
David
Good,clear website. Always has something new, and reminds us of the good, the bad and the ugly,
Barratt
Very good information, keep up the good work!
Jrvaria
Good sound advice
Gael
Compare Alliance and Leicester Premier Current Account With These Current Accounts