Get £25 when you 'save' £500 with A&L

Milarky

Well it's not exactly that.

If you have an A&L Premier or Premier Direct current account you are eligible for their 'plus benefits' products.

http://www.alliance-leicester.co.uk/plus-section/index.asp?page=investments

The one that caught my eye was: "Up to £50 cashback when you invest in a Stocks & Shares ISA, Unit Trust or Capital Protected product". Read on:

Investments
Open a Stocks & Shares ISA, Unit Trust or Capital Protected product and invest from £500 to £5,000 and receive £25 cashback, invest £5,000 or more and receive £50 cashback

The selected provider is Legal & General [who are generally low charging and have a decent range] I believe.

Any comments. Is it worth investing just £500 for the bonus - equivalent to 5% - that you might have saved into a similar investment product elsewhere anyway?

Gambler

I have had an L&G Tracker for 7 years and I would have been better off putting it into a bank account !

payless

Milarky wrote:

The selected provider is Legal & General [who are generally low charging and have a decent range] I believe.

not sure the charging structure for accessing their products is the same via all distribution channels.