Alliance & Leicester offer 10% on linked Premier ISA Issue 2

Alliance & Leicester’s popular Premier ISA Issue 2 paying 10.00% gross p.a./AER (variable) will be available to new customers opening an Alliance & Leicester Premier Current Account, Premier 50 or Premier 21 current account from Monday 3 March 2008.

The new Premier ISA Issue 2 is designed to encourage people to take advantage of their annual ISA allowance and offers a simple and straightforward way to save, along with instant access to their funds.

Ewan Edwards, Head of Savings & Investments at Alliance & Leicester said: “Alliance & Leicester’s Premier current accounts are recognised as being amongst the best on the market, and this new ISA offer makes it even more attractive to switch.

“For a limited period, we will be offering all new Premier Current Account, Premier 50 and Premier 21 customers the chance to earn a very attractive 10% interest on their ISA allowance, with the new linked Premier ISA Issue 2.”

The new Premier ISA Issue 2 offers:

A market leading interest rate of 10.00% gross p.a./AER (variable)
Minimum investment £1, maximum investment £3,000 for the current tax year (increasing to £3,600 per tax year from 6 April 2008).
Funds accessible via Internet and Telephone Banking using the linked Premier current account – no notice for withdrawals.
Interest paid annually on 1 January.

Ewan Edwards continues: “This offer is particularly appealing to those people who haven’t already used their ISA allowance for this current tax year – if they take advantage of the offer before 5 April 2008, they will benefit from this great rate for both the 2007/08 and 2008/09 tax year allowances.

“Anyone not wanting to open a new Premier ISA Issue 2 with a Premier current account can still take advantage of our Best Buy Direct ISA Issue 4, currently paying 6.25% gross/AER.”

New customers can apply for an Alliance & Leicester Premier Current Account, Premier 50 or Premier 21 current account by visiting alliance-leicester.co.uk. Existing Premier current account customers can benefit from this offer, if they open an investment product with £5,000 or more. Existing Premier current account customers wanting to open Premier ISA Issue 2 with an investment product can visit an Alliance & Leicester branch or call 08000 68 66 99 to book an appointment with a Financial Advisor.