Alliance & Leicester Premier Direct Bank Account - General Information

The Alliance and Leicester Premier Bank Account is a great little bank account with added benefits, what's more it's free to get and use as there are no monthly charges. You need to be over 21 to get a Premier account. You'll need to pay at least £500 every month into your bank account (or fees may apply).

• Earn a great rate of 5% AER (fixed for one year) on balances up to £2,500. After one year, 1% AER (variable) applies. Balances over £2,500 earn 0.10% AER (variable).
• 0% EAR typical overdraft. No usage fees on arranged overdrafts for 12 months from when you open the account (new customers only). A usage fee of 50p a day (up to £5 a month) applies after that. Maximum overdraft limit is £2,000.
• 24-hour servicing using the internet, phone and mobile banking.
• It is easy to move your account when you use our Switching Service . Our dedicated team will move your existing direct debits, standing orders and salary to your new account and look to match your overdraft limit (depending on your circumstances).
• Exclusive access to a linked PlusSaver account and the Santander Zero Credit Card (depending on your circumstances).
• Best current account credit interest 4 years running and best debit interest 7 years running.