Current Accounts
Beat the credit crunch by shopping around for financial products
Moneyextra.com’s latest quarterly review of financial services highlights the savings available just by making the right financial decisions.
Fitness comes first for the over fifties
Nearly four in ten (37%) over 50s plan to use their spare time improving their fitness over the next few years, and one third (31%) intend to change to a healthier lifestyle and improve their diet, weight and general wellbeing, research for Alliance & Leicester's new Premier 50 current account has found.
Current accounts - long-term relationships won with short term deals
Esther James, personal finance expert at Moneyfacts.co.uk, comments: “Choosing to switch current accounts is not a decision many of us take lightly, as even with the best switching service it takes time and effort.
‘Premier 21’ scoops prestigious Financial Innovation Awards
Alliance & Leicester is celebrating winning two prestigious Financial Innovation Awards in recognition of its bespoke Premier 21 current account, launched earlier this year.
Golden age generation get set to travel the globe
Today’s over 50s generation could become some of the nation’s biggest globetrotters, with nearly 11 million people aged 50+ planning on travelling more regularly over the next five to ten years, according to new research from Alliance & Leicester.
Pocket power: British kids pocket £29 billion annually
British children receive a colossal £29 billion in pocket money each year, according to research amongst the country’s 11-18 year olds undertaken by Abbey Current Accounts.
Abbey current account tops take the top spot
Samantha Owens, Head of Personal Finance at Moneyfacts.co.uk comments: “Abbey now pays 8% credit interest to new customers up to £1K and switcher customers £2.5K on it credit option current account.
HSBC’s passport service wins the race for opportunity
HSBC’s unique Passport account, the first and only banking service for migrants of all nationalities in the UK, was named winner of the Business Impact category at the Race for Opportunity’s (RfO) annual Chairman’s Awards ceremony last night.
Abbey extends its 8 per cent account
Abbey is extending its popular 8 per cent current account so from 5 November, all new customers can benefit, not just those who switch accounts. Payable on balances of up to £1,000 for the first year, the 8 per cent can be worth up to £80 to a customer.
MoneyExpert.com: A&L Premier 50 Current Account
Sean Gardner, Chief Executive of MoneyExpert.com, said: “The Premier 50 account seems well suited to over 50s and is yet more evidence that banks are trying to target different groups of customers with special deals.
moneysupermarket.com: A&L Premier 50 current account
Commenting on the launch of A&L’s Premier 50 current account, Kevin Mountford, head of current accounts at moneysupermarket.com, said: “This is an innovative move from A&L capitalising on a currently untapped market: bespoke current accounts for the over 50s – products for whom have typically been limited to savings and insurance.
New Alliance & Leicester current account receives the thumbs up
Samantha Owens, Head of Personal Finance at Moneyfacts.co.uk, comments on the launch of the new Premier 50 Current Account from Alliance & Leicester: “It’s an all round impressive account, suited to its market and unrivalled in many of its features.
uSwitch.com: Alliance & Leicester's Premier 50 account
Mike Naylor, personal finance expert at uSwitch.com, the independent online price comparison and switching service, comments on the launch of Alliance & Leicester’s Premier 50 account:
Alliance & Leicester to launch current account for over 50s
Alliance & Leicester has announced the launch of Premier 50, a new current account designed to appeal to the over 50s – which includes a table topping credit interest rate of 7% AER
Lloyds TSB credit interest gets better then much worse!
Samantha Owens, Head of Personal Finance at Moneyfacts.co.uk, comments: “Lloyds TSB current accounts have been very much in the spotlight of late, with imminent sweeping changes to its fee structure and rate changes for overdrafts as well as some positive comment on its market leading credit interest deal.