Alliance and Leicester eSaver Issue 2
East access, long term saving account. Earn 6.60% AER (variable) on a saving of £1 - £500,000 Guaranteed to beat the Bank of England base rate by at least 0.50% until 28th February, 2010. Manage via Internet Banking only.
 |  Compare Alliance and Leicester eSaver Issue 2 details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Alliance & Leicester www.alliance-leicester.co.uk | ||
| Product: | eSaver Issue 2 | ||
| Apply via this site: |  | ||
| Savings Details | |||
 Account Type: | Instant Access | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 3.60% AER. | ||
| Interest Rate Guarantees: | Rate guaranteed to be at least 0.50% above Bank of England Base Rate until 28th February 2010. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age is 18 years. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Minimum Investment: | The minimum investment is £1. | ||
| Maximum Investment: | The maximum investment is £500000. | ||
| Minimum Balance: | The minimum balance is £1. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | There is no introductory bonus. | ||
| Incentives Offered: | Free automatic entry into a £10,000 prize draw for customers who hold at least £10,000 in their eSaver on 31st December 2008. Plus, an additional prize draw entry for each further £1,000 above the first £10,000 held in the account. Maximum of 100 prize draw entries per eSaver account. Closing date for the prize draw is 31st December 2008. Terms and conditions apply. | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 3.93% 3.93% 4.00% | ||
| Interest Payment Freq: | Interest is paid monthly. | ||
| Managing Account | |||
| Instant: | This is not an instant access account. | ||
| Passbook: | A passbook is not issued. | ||
| Transactions at Branch: | Transactions cannot be made at a branch | ||
| Statement Frequency: | Statements are issued on request. | ||
| Transactions by Phone: | Transactions cannot be made by telephone | ||
| Transactions by Internet: | Transactions can be made via the internet | ||
| Transactions by Post: | Transactions cannot be made by post | ||
| Special Access: | No interest earned on the account balance in any month a withdrawal is made except July. | ||
| Withdrawal Conditions: | Withdrawal Conditions - Withdrawals can be made without notice by Internet through a nominated current account only. No interest will be earned on the account balance for any calendar month in which a withdrawal is made or the account is closed, except July. | ||
| Fees & Charges | |||
| Penalty on all Wdls: | There is not a penalty on all withdrawals. | ||
| Compare | |||
| Products: | www.allianceandleicester.co.uk Savings | ||
