Alliance and Leicester launches new easy ISA account

Alliance and Leicester has today launched a new competitive tax-free savings account.

The Easy ISA is a cash ISA and is available immediately, at all Alliance and Leicester branches or online at www.alliance-leicester.co.uk.

The new Easy ISA offers: A competitive tax-free interest rate of 6.00% gross pa / AER*.

Easy access using Telephone or Internet Banking.

Minimum balance: ?1.

Maximum subscription in a tax year: ?3,600.

Transfer in ISA funds from other ISA providers.

Easy ISA will not accept transfer of ISA funds from another Alliance and Leicester ISA.

Available to both new and existing Alliance and Leicester customers.

Deposits/withdrawals are made from/to a linked UK current account via Telephone and Internet.

Hetal Parmar, Manager for Savings at Alliance and Leicester said: "A Cash ISA is just a simple savings account, except that the interest is paid without tax being taken off.

Our ISAs have proved to be extremely popular, offering great rates and the convenience of 24 hour access.

Basic rate tax-payers would need to find an account paying 7.50% - higher rate tax payers would need even more to match the rate on Easy ISA." For further information, customers should go online at www.alliance-leicester.co.uk, visit their local Alliance andamp; Leicester branch or call 08000 68 66 99 to book an appointment.

Back to top