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Alliance and Leicster Premier Account

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Mr_ChriZ
Mr_ChriZ Posts: 21 Forumite
in Savings & investments
Is there a catch with the following account I'm missing:
http://www.alliance-leicester.co.uk/currentaccounts/index.asp?page=prem-credit-interest&ct=curracchome

What's the disadvantage to this over their 8.5% account recommended by Martin?

I tend to stay permenently in credit so overdraft stuff doesn't bother me.

Cheers
Chris

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Mr_ChriZ wrote: »
    What's the disadvantage to this over their 8.5% account recommended by Martin?
    It only pays 1.5% AER in-credit interest. Advantages...Not an online only account...Has a 12% regular saver attached...Offers free European travel insurance
  • Mr_ChriZ
    Mr_ChriZ Posts: 21 Forumite
    Thanks for your reply.

    That makes more sense now, cheers.
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