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alliance and leicester regular saver 12%

alliance and leicester regular saver 12%

is there anyway you can get it without having to take the insurance out cause i think thats evil having to take insurance out just to get a regular saver

has any1 else had experience of this ?

Comments

  • chesky369
    chesky369 Posts: 2,590 Forumite
    I've a 12% regular saver with A& L and I don't have any insurance with them. In fact, never heard of it.
  • SalsaDanca
    SalsaDanca Posts: 434 Forumite
    Part of the Furniture 100 Posts
    If you want A&L's 12% regular saver account, you have to open a Premier current account and fund it with £500 per month.

    The Premier current account includes "free European annual multi-trip travel insurance currently worth up to £60". If you don't want it, just ignore it.

    Regards,

    Rob
  • ramellous1
    ramellous1 Posts: 391 Forumite
    I think the OP is referring to the fact that if you already have a current account A&L you have to take out a Save & Protect insurance out to open the 12% account.
    Quote from http://www.alliance-leicester.co.uk/insurance/index.asp?page=save-protect&ct=savingshome

    As an existing Alliance & Leicester Premier customer, you can get the best of both worlds with Save & Protect*. Earn a massive 12% gross p.a./AER fixed for 12 months on your savings with Alliance & Leicester when you take out protection from Legal & General to help protect your family’s future.
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Close your premier current account, wait 3 months and re-apply.
    .....under construction.... COVID is a [discontinued] scam
  • blinko
    blinko Posts: 2,519 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    hhhmm its a shame its a nice account
  • jinkssick
    jinkssick Posts: 1,323 Forumite
    Part of the Furniture 1,000 Posts
    its got nothing to do with any insurance.

    only drawback as said its that the premier account needs to be funded with £500 each month and is for new customers only
    Save saynoto0870.com in your favorites, and stop giving companies more £££ dialling 0870 numbers when you can dial freephones or cheaper alternatives
    call your credit card company, tell them that you want to leave, 99% of the time theyll lower your APR%
    Remember when that Bank Manager or Salesperson smiles at you, all he sees is £ notes. Dont forget the motto, "the wider their grin, the more debt your in"
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