A&L gives £100 cash boost to current account switchers

While the recent Budget will have been positive for some people, and not so good for others, Alliance & Leicester is urging people to put a spring in their step and give themselves a financial boost, by offering £100 to those who switch to Alliance & Leicester from Thursday 30 April 2009*.

New customers switching to Alliance & Leicester's Premier Current Account or Premier 50 Current Account will receive a £100 cash injection and can apply online. This limited offer is available until Thursday 28 May.

Gillian Almond, Current Account Manager for Alliance & Leicester said: "Alistair Darling and his team have been reviewing the country's finances, and whether you are a winner or a loser coming out of this recent budget, now is a great time to review your family finances and give it a cash boost.

"One way of boosting your finances is to take a look at Direct Debits that are coming out of your account. There may be things you are paying for and do not use or need, maybe gym membership that you having given up on, or mobile phone insurance or car breakdown cover which you might be covered for elsewhere.

"Another way is to get more bang for your buck is to look at what your current account offers you, and switch to a provider who can give you better value. By signing up to an Alliance & Leicester Premier Current Account or Premier 50 Current Account you can get a £100 cash injection, but this is only available for a few weeks, so grab it while you can!"

In addition to the £100 reward for switchers, other reasons to open a Premier Current Account or Premier 50 Current Account include:

Premier Current Account

0% interest and fee free use of an agreed overdraft for the first 12 months**
Free annual multi-trip European travel insurance worth up to £60 (upper age limit of 65 applies).
Hassle-free switching service to transfer your salary, Direct Debits and standing orders
No monthly fee

Premier 50 Current Account

Credit interest rate of 5.00% variable for 1 year on balances up to £2,500
Annual multi-trip worldwide travel insurance (upper age limit of 79 applies).
Health benefits, including access to up to two private out-patient consultations and up to £750 towards out-patient diagnostic testing per year as well as access to a 24/7 Health at Hand helpline, also available up to age 79
Premier 50 Identity Protection and Card Assist
0% interest and fee free usage of an agreed overdraft for the first 12 months
Joint account holders enjoy the same benefits per person for one £10 monthly fee.

Further details on how to claim the £100 cash bonus, details on Alliance & Leicester's full range of current accounts, and the latest offers can be found at alliance-leicester.co.uk/currentaccounts.

*The £100 bonus will be paid to new customers applying for an Alliance & Leicester Premier Current Account or Premier 50 current account from Thursday 30 April 2009. The payment will be made within 4 months of the account opening if direct debits and standing orders have been transferred using the Premier Switching Service and Premier Current Account customers have funded at least £500 within 11 weeks. This offer is not available to those who currently have a current account with Abbey or Alliance & Leicester, or have had an account within the last three months.

** 0% fee-free agreed overdraft for first 12 months, after which if the overdraft is used a 50p per day fee applies (max of £5 per month), with no debit interest charged