The Alliance Savings Trust has launched a Christmas offer for customers opening a Stocks and Shares ISA, giving away a £25 John Lewis gift voucher.
The deal is only available to new and existing customers who open a Stocks and Shares ISA between now and 16th December 2011.
Customers will receive a John Lewis gift voucher worth £25 within seven days of opening an ISA with Alliance Savings Trust.
"With Christmas just around the corner we wanted to offer ISA customers an added incentive to open one of our award-winning stocks and shares ISAs by helping them with their Christmas shopping at John Lewis,” said Garry Mcluckie, Head of Product & Marketing at Alliance Trust Savings.
"Our stocks and shares ISA offers investors access to a diverse range of investment options so that customers can fully diversify their portfolio under a tax-efficient ISA wrapper.
Other features of the Stocks and Shares ISA include free set-up, and no inactivity penalties. There is an annual administration charge of £25, and customers can deposit up to £10,680 in a single tax year.
The offer of a £25 voucher will appeal to many customers in the run-up to Christmas, as it was revealed recently that many Brits fail to save for the festive season.
Research carried out by Barclaycard and the Citizens Advice Bureau found that two in five people do not save at all for Christmas, leading to many struggling to pay bills in January.
“Every January our bureaux see a spike in enquiries from people who are struggling to keep on top of bills and debts due to overspending throughout the festive period,” said Gillian Guy, Chief Executive at the Citizens Advice Bureau.
There are a range of credit cards and bank accounts that are offering festive deals this Christmas, including cash-back and voucher offers.
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