Alliance & Leicester (A&L) is offering a ten per cent AER for new customers opting for one of the accounts in its Premier range.
The rate will only be available on A&L's Premier and Premier Direct accounts between October 31st and November 30th 2005.
Current accounts manager at A&L, Simon Ripton, said: "For the next month, we will be offering all new Premier customers the chance to earn a very attractive ten per cent interest on their savings, with the new linked Premier Regular Saver.
"This will be a great way for people to kick-start a savings habit and at the end of the 12-month period, have saved up a nice little nest egg - there has never been a better time to switch."
This is not the first time that A&L has given Premier customers special offers.
The bank previously gave Premier account holders a £150 holiday voucher as well as a special discount for people who introduce a friend to the account.
A&L's Premier account range is designed to encourage people to save a fixed amount every month for a whole year.
Customers transfer a fixed amount into their current account each year and after 12 months the total amount plus interest is paid as a lump sum into their Premier or Premier Direct account.To read more about Savings Accounts, click here.
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