Alliance & Leicester ups current account interest by Finance News Bulletin

Published: 22/05/07

Alliance & Leicester (A&L) has increased the interest rate on its prime minister Direct current accountThe account requires a monthly deposit of £500 and offers a gratis, zero per cent overdraft for the first 12 months"Alliance & Leicester is committed to offering market leading present accounts and this latest enhancement ensures we stay in front," said Helen Palmer, A&L's current accounts manager"This together with the additional reimbursement available to switchers and our gratis switching, service mean that there has never been a better time to button current account," she added

Any Premier Direct client who recommends a friend will receive £50, while their friend will also take delivery of a £50 sweetener when they open their accountA further 20,000 clientele will receive a £10 bonus

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