The Financial Blog

Alliance and Leicester has launched a market leading current account for the over 50’s offering 7% pa/Gross AER.

The new Premier 50 current account also combines other attractive benefits such as worldwide annual travel insurance, a linked savings account offering 6% AER, also health benefits including cash towards outpatients consultations and access to a 24 hour ‘Health at Hand’ telephone helpline. However the account does charge a monthly fee of £10…

Travel and leisure time are top of the agenda for the over 50’s, in fact one in eight people over 55 take more than five holidays per year. Capable travel insurance policies can be hard to find and are sometimes expensive for the over 65 year old’s. The Premier 50’s worldwide annual travel insurance covers customers up to the age of 79;

• Earn 7.00% AER (fixed until 31.01.09) on balances up to £2,500
• 0.10% (variable) on balances over £2,500 0% EAR typical overdraft for the first 12 months. Then, if the overdraft is used, 50p per day fee up to £5 per month. Maximum overdraft limit of £2,500 applies

The only current account on the market exclusively for the over 50s, Premier 50 the benefits;

• Relax with worldwide annual multi-trip Travel Insurance up to the age of 79
• Peace of mind with exclusive Health Benefits up to the age of 79
• Beat fraudsters with Identity Protection and Alert Less worry if your debit, credit or store cards get lost or stolen with Card Care

Also;

• An exclusive linked PlusSaver account paying 6.00% AER (variable) on balances up to £50,000
• 24 hour servicing via Internet, Telephone and Mobile Banking
• There’s also access to any Alliance & Leicester branch - Pay in and withdraw money at over 12,000 Post Office® counters across the UK - Access to the Alliance & Leicester MoneyBack Rewards Credit Card (subject to status)
• It’s easy to switch from your existing bank with our Premier Switching Service
• Earn money every time you recommend a friend for a Premier current account

To find out more information call 0845 300 2887 or go to www.alliance-leicester.co.uk/currentaccounts

This entry was posted on Monday, October 29th, 2007 at 4:22 pm and is filed under Banking. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.