Market-leading online savings account from Alliance and Leicester
Alliance and Leicester has launched a new online savings account with an interest rate of 3.15 per cent.
Alliance and Leicester has introduced a new online savings account in competition with other banks releasing attractive products onto the market.The new package offers interest of 3.15 per cent, which is accompanied by a sliding bonus rate depending on the amount deposited in the online savings account, available until August 2010.
Those who put the minimum of £1 into the account receive a bonus of 2.65 per cent on top of the original rate, while a maximum deposit of £250,000 will gain 1.65 per cent.
Suitable for high short-term returns, the deal was announced to rival Coventry Building Society's 3.25 per cent online savings account, which is available only to over-50s.
Andrew Hagger, PR and communications manager at Moneynet.co.uk, said of the offer: "This account will make a good addition to a savings portfolio as a home for that 'rainy day' money or emergency fund."
Two new savings options, both offering competitive levels of interest for customers to make the most of their money, were recently launched by Online bank Egg.
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