New ISA launched by Alliance & Leicester February 10
A new ISA account has been launched by Alliance & Leicester that will pay seven per cent a year gross/annual equivalent rate (AER).
The deal guarantees customers an interest rate at least one per cent above the base rate until April 2008.
However, the ISA is restricted to customers opening an Alliance & Leicester Premier Current Account and will be available for a limited time only.
“Alliance & Leicester’s current accounts are recognised as being amongst the best on the market, and this new ISA offer makes it even more attractive to switch,” said Ross Dalzell, manager for savings at Alliance & Leicester.
“This offer is particularly appealing to those people who haven’t already used their ISA allowance for this current tax year – if they take advantage of the offer before April 5th 2007, they will benefit from this great rate for both the 2006/07 and 2007/08 tax years.”
Minimum investment is a mere £1, and is capped at £3,000 per tax year.
The Alliance & Leicester Premier ISA account is a successor to the Premier Regular Saver offer, which was closed earlier this month.
Written Exclusively by AdFero for ISA Guides
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