A&L are offering 8.5% on their current account, fixed till April 2009. This, after tax, is better than all cash ISA's out there. Just shows how desperate banks are for our cash!
The downside is that this suggests A&L are in trouble, but as (in theory) 100% of deposits below £35K are protected, it shouldn't be a problem.
Full Version: Alliance & Leicester 8.5%
QUOTE (MEtallic @ Feb 29 2008, 10:54 AM) 
A&L are offering 8.5% on their current account, fixed till April 2009. This, after tax, is better than all cash ISA's out there. Just shows how desperate banks are for our cash!
The downside is that this suggests A&L are in trouble, but as (in theory) 100% of deposits below £35K are protected, it shouldn't be a problem.
The downside is that this suggests A&L are in trouble, but as (in theory) 100% of deposits below £35K are protected, it shouldn't be a problem.
...if you can wait long enough to get your money back.
The 8.5% IS ONLY for the first £2,500 in the account , any spare dough over earns 0.10% , also you have to put £500 at least a month in , in a word ......... it's crap
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