Alliance & Leicester - do I have this right?

Burlesque_Babe

Just need to double check I've got this right.

If I open a Premier A+L current account and put £500 a month in (at 6.5% AER) I can then transfer £250 a month of that to their Premier Regular Saver (12% deal is back again) for 12 months (the maximum the 12% offer is on for).

On top, I'll get £50 back if I go via Quidco.

Worth doing for a year to get the 12%? The money isn't currently making a better rate as i'm waiting to drip feed it into my YBS regular saver so i'm looking at ways to 'play' with it for a year but with a low risk attached.

exel1966

Not quite right ! You can only have the 12% Regular Saver when opening the Premier Current Account which pays ;-

1.50% AER (variable) on balances up to £2,500, 0.10% AER (variable) on balances over £2,500

The Premier Direct Current Account pays :-

6.50% AER (fixed until 31.10.08) on balances up to £2,500, 0.10% (variable) on balances over £2,500

but you cannot have this in conjunction with the 12% Regular Saver.

Burlesque_Babe

aaaah, right. Thankyou.

So, if I open the Premier Current Account I can have the 12% Regular Saver?

But if I open the Premier Direct c/a I get 6.5% AER but I can't have the 12% Regular Saver?