Rate increase for offshore savers

Alliance & Leicester International Limited (ALIL), the offshore savings bank, has reviewed its savings portfolio and increased the rates on its offshore savings accounts, including its new eSaver Offshore Issue 1 account, which now has a market leading rate of 6.40% gross pa/AER.

Simon Hull, Managing Director of Alliance & Leicester International Limited said: “ALIL aims to offer a range of extremely competitive offshore savings products to cover all of our customers’ needs. Whether you are looking for an Instant Access, Base Rate Tracker, Notice or Online Account, Alliance & Leicester International continues to dominate the best buy tables and the increases we have made reflect our determination to remain the most consistently competitive offshore savings provider.”