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Alliance & Leicester extends free cash offer

29 April 2004
Customers have an additional month to take advantage of Alliance & Leicester's offer of a free £25.

They simply need to sign up for the Alliance & Leicester Premier account, and in return will receive the cash bonus. The award-winning account picked up the title of "Best Current Account Provider - debit interest" for the second year running from the independent finance guide Moneyfacts.

May 29th is now the new application deadline for those wishing to also benefit from free annual worldwide travel insurance worth around £80 - a possible incentive for holidaymakers wishing to save a penny or two this summer.

The head of current accounts at Alliance & Leicester Ewan, Edwards, spelt out the account's rewards in simple, plain English: "Incentives such as free travel insurance are typically only offered on accounts that charge a monthly fee. But with Alliance & Leicester, free really does mean free."

The account has the added highlights of a 2.12 per cent gross interest rate, and an overdraft rate of 0 per cent for the first 12 months. On top of this introductory rate, customers have the benefit of a standard rate of 6.9 per cent EAR on both authorised and unauthorised overdrafts.

The £25 bonus will be given to those who successfully apply for a Premier Current Account and the MoneyBack Plus credit card.