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Alliance & Leicester offer 6.5% interest on Premier Direct Current Account

Friday, 13 Apr 2007 17:27
Alliance & Leicester has increased the interest it offers on its market-leading Premier Direct Current Account to 6.5%.

This means the Alliance & Leicester Premier Direct account now has the best interest rate on the market.

"Alliance & Leicester is committed to offering market leading current accounts and this latest enhancement ensures we stay ahead," said Helen Palmer, current accounts manager at Alliance & Leicester.

"The new credit interest rate for Premier Direct is the top rate available in the UK.

This together with the additional benefits available to switchers and our free switching, service mean that there has never been a better time to switch current account."

To qualify for an Alliance & Leicester Premier Direct Current Account you have to pay in £500 a month.

The account also features an introductory 0% overdraft for 12 months, which rises to just 5.9% EAR at the end of this period.

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