Full product details for the Alliance and Leicester Reward Saver 2 savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
No withdrawals are permitted to earn the cited interest rate.
Online Access
no
Transactions cannot be made via the internet, although account can be registered in internet banking and statements can then be viewed online
Branch Access
yes
Transactions can be made at a branch
Phone Access
no
Transactions cannot be made by telephone
Introductory Bonus
1.50%
A bonus of 1.50% is payable. Gross Rate Gross Rate AER Excluding BonusIncluding Bonus £5,0001.00% 2.50% 2.50%
Introductory Bonus Conditions
no w/ds until 01/07/11
Bonus Conditions - A bonus is payable until 1st July 2011, provided no withdrawals are made for the entire period. If withdrawals are made before 01/07/2011, no bonus will be paid.
Interest Rate Guarantees
aer exc bonus at least bbr till 30/06/11
The underlying AER is guaranteed to track Bank of England Base Rate until 1st July 2011.
Minimum Initial Investment
£5,000
The minimum investment is £5000.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Existing Customer Only
no
New Money Only
no
Not applicable.
Minimum Age
18 years
The minimum age is 18 years.
Area Restrictions
none
There are no area restrictions.
Minimum Initial Investment
£5,000
The minimum investment is £5000.
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