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Alliance and Leicester's Premier Plus named Best Current Account

29 June 2005
The Premier Plus account at Alliance & Leicester (A&L) has been named Best Current Account 2005 by a best-selling magazine.

Moneywise, the UK's best-selling personal finance magazine, judged a number of current accounts on consistency in offering competitive credit and debit interest rates and first-class customer service, and found that Premier Plus came out on top.

"Alliance & Leicester's fee free Premier Plus account has consistently offered a market leading credit interest rate, and highly competitive overdraft rates since it was launched nearly a year ago," said Jeremy King, publisher of Moneywise.

"Taking this into consideration, alongside the first class customer service offered by Alliance & Leicester, Premier Plus emerged as the clear and deserved winner of Best Current Account 2005."

A&L's Premier Plus pays credit interest of 5.00 per cent (gross AER) on balances of between £1 and £2,500, fixed until June 30th 2006 - then the credit interest rate is at the Bank of England (BoE) base rate minus one per cent.

To compare the best current accounts, click here.

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