Alliance and Leicester Bank Account

Always keen to look for a new account to review on these pages, we’ve taken a look
at what Alliance
& Leicester has to offer…

 

Current
account

Alliance & Leicester’s
Premier Direct Current Account offers a decent interest rate for a current account – To get this impressive rate, you have to be over
21 and be able to pay in at least £500 per month. More details at www.alliance-leicester.co.uk

1. Select the ‘Apply
   online’, and enter your name and address
2. You’re then asked
   for the bank account & sortcode of your existing bank account
3. That seemed to be it – we were told
   we’d be emailed when a decision had been made.
4. Two minutes later,
   the email appeared. We have to wait 48 hours for details to be posted to
   us (for security reasons)

After a couple of days, we received a letter
confirming that the account was open, the next day, details of our online banking
details, and a couple of days after that, a PIN number for access to online banking..

Internet Banking

To be honest, we’ve found that, these
days, most online banking services are pretty much the same – and Alliance &
Leicester’s online services don’t seem to offer anything we haven’t seen elsewhere
– the site seems pretty fast, and all that you’d expect is there, with few surprises
– money movement, online statements, standing orders and payment settings. The
site does the job, and does it well.

Screenshot of online Banking

More details can be found
at www.alliance-leicester.co.uk.

Summary

At the time of writing, we’re pretty impressed.
Account creation was faster than with others we’ve tried in the past, and the
online banking service does the job nicely – it’s the high interest rates that
set Alliance and Leicester apart from the others, and if you’re looking to make
the most of your money, and in particular, your savings, we’d recommend you
switch over as soon as possible.

More details can be found at www.alliance-leicester.co.uk