Alliance and Leicester Savings
 |  Compare Alliance and Leicester savings details against other savings or use our savings comparison tables.Did you know Alliance and Leicester also provide credit cards, current accounts and travel insurance? | ||
| Company: | Alliance & Leicester www.alliance-leicester.co.uk | Alliance & Leicester www.alliance-leicester.co.uk | Alliance & Leicester www.alliance-leicester.co.uk |
| Product: | eSaver Issue 2 | Easy ISA | DirectSaver |
| details | details | details | |
| Apply via this site: |  | | Not available |
| | | |
| Savings Details | |||
 Account Type: | Limited Access | Cash ISA | Instant Access |
| Rate Type: | variable | variable | variable |
| Headline Interest Rate: | 6.6% | 6% | 5.5% |
| Interest Rate Guarantees: | bbr + 0.50% until 28/02/10 | n/a | n/a |
| Application Criteria | |||
| Existing Customer Only: | no | no | no |
| Minimum Age: | 18 | 16 | 18 |
| Restricted Availability: | no | no | no |
| Area Restrictions: | none | none | none |
| Minimum Investment: | £1 | £1 | £1,000 |
| Maximum Investment: | £500,000 | n/a | £2,000,000 |
| Minimum Balance: | £1 | £1 | £1,000 |
| Monthly Minimum: | n/a | 0 | n/a |
| Maximum Investment pa: | n/a | 3600 | n/a |
| Maximum Balance: | n/a | Unlimited | n/a |
| Introductory Rates | |||
| Introductory Bonus: | 0% | 1.00% | 0% |
| Incentives Offered: | no | no | no |
| Rates | |||
| Tax Free: | no | yes | no |
| Open-ended Bonus: | 0% | 0% | 0% |
| Bonus Payment Conditions: | n/a | intro bonus until 07/12/09 | n/a |
| Rate Tiers: | no | no | no |
| Fixed Interest Rate: | n/a | no | n/a |
| Interest Payment Freq: | monthly | annually | monthly |
| Managing Account | |||
| Instant: | no | n/a | yes |
| Passbook: | no | no | no |
| Transactions at Branch: | no | on request | no |
| Statement Frequency: | annually | no | annually |
| Transactions by Phone: | no | yes | yes |
| Transactions by Internet: | yes | yes | yes |
| Transactions by Post: | no | no | no |
| Special Access: | yes | yes | yes |
| Withdrawal Conditions: | yes | yes | yes |
| Transfers In: | n/a | yes | n/a |
| Transfers Out: | n/a | yes | n/a |
| Fees & Charges | |||
| Penalty on all Wdls: | no | n/a | no |
| Trans Notice/Pen/Charge: | n/a | none | n/a |
| Transfer Notice: | n/a | 0 | n/a |
| Transfer Penalty: | n/a | 0 | n/a |
| Transfer Charge: | n/a | 25 | n/a |
| Withdrawal Notice: | n/a | 0 | n/a |
| Withdrawal Penalty: | n/a | 0 | n/a |
| Withdrawal Charge: | n/a | 0 | n/a |
| W/d Notice/Penalty/Charge: | n/a | no notice, penalty or charge | n/a |
Compare Alliance and Leicester Savings
The 6.6% AER Easy Access Savings Account
What's the deal?
Alliance & Leicester are currently offering 6.6% AER variable on their eSaver Issue 2 account, making it the best return available on an internet savings account that allows access.
What's more, this market leading account gives you extra security in the form of a rate guarantee so that you can be confident that your savings will be earning at least 0.50% more than the Bank of England base rate until 29th February, 2010.
You can invest anything from £1 to £500,000 in the internet-operated eSaver Issue 2 and interest is paid on a monthly basis.
As this is a limited access account it's ideal for people who need a bit of incentive to save as, although you can access your money at any time, no interest is paid during any month in which a withdrawal is made. The exception to this is July when you can make as many withdrawals as you like without forfeiting interest payments.
How do I benefit?
To take advantage of the 6.6% AER rate simply open an
Alliance & Leicester eSaver Issue 2 account and start saving.
As an extra incentive to save, Alliance & Leicester are running a free £10,000 cash prize draw, open to all eSaver customers who have £10,000 or more in their account on 31st December, 2008.
Expiry
There is no expiry date advertised however Alliance & Leicester do acknowledge that this account is available as a limited offer.
Conditions
This account is open to savers over the age of 18.
Compare savings accounts via money.co.uk
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