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Reviews for Alliance & Leicester
Average User Review Ratings for Current Account products
Service: Current Account
Product: Premier Current Account
Review by StrawberryKing
submitted on 18 October 2009
Likes: Good online functionality, free EU travel insurance
Dislikes: Included PlusSaver account offered only about 0.5%, limitation on daily transfer
I liked 2 things: the free EU/UK travel insurance and the sign on bonus one-year ago, but these aside, it offered little better than a standard account. They touted a Plus Saver account which only offered about 0.5% interest, and I experienced slow customer service when transferring sums over £25,000. As it's not my main current account, I lose £5 per month unless I deposit at least £500.
Last week I downgraded to a standard current account and will have to wait and see.
I happily killed the so called "Plus Saver" account and transferred to A&L's Online Saver Account Issue 5 which has 3.15% interest (gross p.a./AER variable including bonus).
I also won't miss the included travel insurance because I found a good bargain on more comprehensive EU + worldwide travel insurance.
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