Alliance & Leicester Premier current accounts to be restructured
www.moneynews.co.uk > Banking > Alliance & Leicester Premier current accounts to be restructured
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Alliance & Leicester Premier current accounts to be restructured
Mon 3rd Oct 2005
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The old Premier Plus account has been given a new name, Premier Direct, to reflect the direct self-service offered by Alliance & Leicester with this account, while the branch-based Premier account retains its name.
Alliance & Leicester Premier Direct customers can avail of the "UK's lowest overdraft rate" of just 5.9 per cent for both unauthorised and authorised borrowing, following a 12 month interest free overdraft.
Simon Ripton, current accounts manager at Alliance & Leicester said: "These changes are all about choice for the customer.
"Customers can choose which of our accounts suits their preferences, rather than according to their income, as both now have the same monthly funding amount."
The monthly funding now stands at £500 for both the Premier and Premier Direct account.
However, the Premier Direct account no longer offers travel insurance – the account will instead by focused on rates.
Related News : Banking |
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Related News : Alliance & Leicester |
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