Alliance & Leicester Premier Direct Current Account

Alliance & Leicester Premier Direct current account summary

Alliance & Leicester Premier Direct provides 8.5% AER (fixed for a year).  Plus 0% EAR overdraft for the first 12 months, after the 1st year if the overdraft is used a charge will apply, overdraft limit is £2,500.  A minimum deposit of £500 is required each month. 

Key features of this current account

• 8.5% AER on balances up to £2,500 and 0.10% AER on balances over £2,500
• Pay in at least £500 per month
• An exclusive linked PlusSaver account paying 4% gross p.a./AER (variable)
• 0% EAR typical overdraft for the first 12 months. Then, if overdraft is used, 50p per day fee up to £5 per month.
• Maximum overdraft limit of £2,500 applies
• Manage your account online
• Premier Switching Service to make it easier to move from your existing bank  

Acceptance criteria

• Minimum Age: 21 Years