Let Alliance & Leicester’s Direct Saver account help you put away money for a rainy day! You will get monthly interest paid directly into your DirectSaver or linked current account (providing regular income), and the ability to transfer money to and from your DirectSaver via a current account of your choice*. Even better, there’s no notice for withdrawals**.
Complement your DirectSaver with our market-leading Premier Direct Current Account, paying 6.50% AER on balances up to £2,500. You must be 21 years of age to apply, with a £500 minimum investment and internet access.
Additional Information:
Plan Name: |
Direct Saver |
Plan Type: |
Savings Account |
Access: |
Internet, Phone |
Notice Period: |
None |
Minimum Investment: |
£1,000 |
Minimum Investment Period: |
None |
Maximum Investment: |
£100,000 |
Gross Rate: |
6.13% |
AER: |
6.30% |
Interest Period: |
Monthly |
Fixed or Variable: |
Variable |
|
Direct Saver rates with interest paid annually:
Tier Gross rate p.a. |
AER |
£ 1,000 + |
6.13% |
|
*It takes 24 hours to transfer money between your DirectSaver and an Alliance & Leicester current account, or 3 working days following the date of transfer for transfers between an account held with another financial institution.
**No interest is earned on the account balance in any month in which a withdrawal is made or the account is closed. |