|Fees and Charges|
|Functions and Features|
Alliance and Leicester is a banking institution offering personal as well as offshore banking services. It is located in the UK. It offers numerous numbers of services to its customers. Some of them are namely
>> Providing loans
>> Credit cards
>> Internet banking
>> Current account
>> Savings account
>> Other products
o Investment and pensions
o Car insurance
o Travel insurance
>> Other services
o Bill pay
o Corporate website
The current accounts of Alliance and Leicester have a number of options from where the customer can chose the kind he wants according to his needs. They are
>> High interest current account: £100 cash back is guaranteed when a customer switches to this account. On a deposit of up to £2,500 5% AER is ensured. There is also a free account transfer service.
>> Overdraft current account: for one year there is 0% EAR and 12.9% EAR after that. An overdraft of £5,000 is permitted. The account transfer is easy done.
>> Reward current account: it has all the features of any normal banking account, but with an additional feature of £450, which is given every year as award to clients. Interest rates are high and £100 is given on switching accounts to reward account.
>> Premium current account: £900 worth added features in addition to all the general facilities. Interest rates are high and £100 of cash back reward on switching to this account.
Alliance and Leicester offers numerous kinds of savings accounts also, like
>> 2years fixed rate bond: here up to 3.5% gross p.a/AER is given. one can save any amount from £1 to £ 2,000,000
>> eSaver: with 2.75% gross p.a/AER and variable bonus of 2.25% one can save from £1 to £2,000,000
>> Tax free direct ISA: one can transfer all tax free saving and benefit 2.75% AER.