Money News

Switch current accounts and claim £100

Switch current accounts and claim £100

Monday, 7 September 2009 Writes Hazel Cottrell hazel.cottrell@consumerchoices.co.uk

Switch your current account to Abbey or Alliance & Leicester to get £100 cash and a 12-month interest-free overdraft.

Abbey (www.alliance-leicester.co.ukwww.abbey.com) and Alliance & Leicester (www.alliance-leicester.co.uk) are offering new customers £100 to switch to their current accounts.

These current accounts were already two of the most attractive free overdraft accounts.

Specifically, you must switch to the Abbey Preferred Overdraft Rate account or the Alliance & Leicester Premier Current Account.

Both of these accounts offer an interest-free overdraft for 12 months and 0.5% interest on credit balances. The Alliance & Leicester account also comes with free annual European travel insurance.

Chris Eagle, commercial manager at CreditChoices.co.uk, said: “These current accounts were already two of the most attractive free overdraft accounts. The £100 incentive simply sweetens the deal.”

He added: “This is the third time this year that Alliance & Leicester has offered this deal, but each time it has only been available for a limited period. So, if you want to make the most of it, act fast!”

You will receive your £100 cash within 11 weeks if you transfer direct debits and standing orders using the account transfer service and meet the minimum funding requirements each month (£500 for Alliance & Leicester or £1,000 for Abbey).

More information on the Alliance & Leicester Premier Current Account