Premier league! Alliance & Leicester's premier plus current account wins moneywise award

28.06.2005 Alliance & Leicester awarded ‘Best Current Account 2005’ by Moneywise magazine

Alliance & Leicester’s Premier Plus current account has been named as ‘Best Current Account 2005’ by the UK’s best selling personal finance magazine, Moneywise.
The criteria used to judge the award include consistency in offering competitive credit and debit interest rates and first class customer service.
Jeremy King, Publisher of Moneywise magazine said: "Alliance & Leicester’s fee free Premier Plus account has consistently offered a market leading credit interest rate, and highly competitive overdraft rates since it was launched nearly a year ago.  
"Taking this into consideration, alongside the first class customer service offered by Alliance & Leicester, Premier Plus emerged as the clear and deserved winner of Best Current Account 2005."
 
Alliance & Leicester’s Premier Plus current account pays 5.00% credit interest (gross AER) on balances £1 to £2,500 fixed until 30 June 2006 – thereafter it offers a credit interest rate of Bank of England base rate minus 1%. It also offers a debit interest rate of just 7.9% EAR on both authorised and unauthorised overdrafts – plus an introductory rate for new customers of 0% for 12 months on authorised overdrafts of up to £2,500.

Simon Ripton, Current Account manager at Alliance & Leicester, said: "We are very pleased that Premier Plus has been recognised by Moneywise magazine as the UK’s best current account. Our market leading credit interest rate and low overdraft rate is backed by other real benefits – such as free annual travel insurance and preferential deals on our mortgages – and all without a monthly fee." Alliance & Leicester is also currently offering a £25 bonus to anyone who successfully applies for a Premier or Premier Plus account online or by phone. Customers need to be able to pay in a minimum of £1,000 a month to qualify for Premier Plus.
Alliance & Leicester is also currently offering a £25 bonus to anyone who successfully applies for a Premier or Premier Plus account online or by phone. Customers need to be able to pay in a minimum of £1,000 a month to qualify for Premier Plus. Customers can apply for the Alliance & Leicester Premier Plus and Premier current accounts online at www.alliance-leicester.co.uk, over the telephone on 0845 300 2887, or at any Alliance & Leicester branch.
Alliance & Leicester’s Premier Plus Current Account offers the following benefits at no monthly fee to anyone paying in a minimum of £1,000 per month:
5.00% credit interest (gross AER) on balances £1 to £2,500 fixed until 30 June 2006 – thereafter it offers a credit interest rate of Bank of England base rate minus 1%. 0% best buy interest on authorised overdrafts for the first 12 months (7.9% EAR on authorised AND unauthorised thereafter) Free annual travel insurance for all account holders up to the age of 65 No annual or monthly fees (provided the account is funded with £1,000 a month or more) Access to a linked PlusSaver savings account paying 4.50% gross interest with the facility to transfer funds via phone, online or by regular transfer Internet and telephone access – with statements provided on-line Customers can apply via Alliance & Leicester branches Preferential deals on mortgages and Legal & General investments Free ‘account switching’ service £25 bonus if applying online or by phone
Alliance & Leicester is also currently offering a £25 bonus to anyone who successfully applies for a Premier or Premier Plus account online or by phone. Customers need to be able to pay in a minimum of £1,000 a month to qualify for Premier Plus.