Alliance & Leicester Isa offer
www.moneynews.co.uk > Banking > Alliance & Leicester Isa offer
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Money News |
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Alliance & Leicester Isa offer
Mon 11th Feb 2008
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The Alliance & Leicester Direct Isa Issue 4 offers an annual equivalent rate of 6.25 per cent gross pa, which includes a one per cent bonus until May 31st 2009.
Customers can invest from £1 to £3,000 in the current tax year, with the maximum amount rising to £3,600 after April 6th this year.
Commenting on the Alliance & Leicester Isa, Ewan Edwards, manager for savings and investments at the bank, said: "Our Direct Isas have proved to be extremely popular, offering great rates and the convenience of 24-hour access."
He added that taxpayers who want to save money would have to find a savings account offering 7.5 per cent interest to match that offered by the Alliance & Leicester Direct Isa Issue 4.
Last week, Moneyfacts urged consumers to consider their Isa options as the savings market has an "extremely competitive nature".
Analyst Michelle Slade said: "There are some excellent [Isa] deals to be had."
Related News : Banking |
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Related News : Alliance & Leicester |
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