Current Accounts
April 27, 2010    

Alliance & Leicester offers £100 for new current accounts


According to a report at This is Money, the Alliance and Leicester is offering a £100 bonus to new sign-ups for its current account.

Apparently, this applies a policy already run by parent company Santander on its own current accounts, but will certainly be welcome news for some none-the-less:

Alliance & Leicester £100 cash bonus

They bonus will be handed out to all new customers on their Premier Current Account. As well as this, they are offering free annual European travel insurance plus an interest free overdraft for 12 months.

The account also has an in-credit interest rate of 0.5% on balances up to £2,500 (but only 0.1% above this), which is relatively high compared to many other current accounts, the vast majority of which do not offer any interest.

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