Savings accounts

It pays to save with Alliance & Leicester.

Our range of savings accounts can make saving simple and rewarding.

Savings calculator




Online Saver Issue 5

Earn 3.15% gross p.a./AER (variable) including bonus
Hassle free saving; no withdrawal penalties and access to your money within 24 hours.

  • Earn 3.15% gross p.a./AER (variable) including bonus.
  • Save between £1 and £2,000,000.
  • Interest paid annually on 1 October.
  • No withdrawal penalties.

Direct ISA Issue 5

Up to 2.50% gross p.a./AER (variable) including bonus
Tax free savings with no withdrawal penalties.

  • Earn up to 2.50% gross p.a./AER (variable) including bonus.
  • Save from £1 up to £3,600 in each tax year, plus any previous tax years’ ISA funds.
  • ACCESS your money within 24 hours when a transfer is made into your Alliance & Leicester current account; or up to 4 working days for a transfer to another provider.

Fixed Rate Bonds

Earn up to 4.15% gross p.a./AER
A high interest rate with guaranteed returns.

  • Earn up to 4.15% gross p.a./AER.
  • You can earn more interest by investing larger amounts over longer periods.
  • Save between £1 and £2,000,000.
  • Alliance & Leicester, together with Abbey and Bradford & Bingley savings, is part of the Santander Group. Because of this relationship we are now able to offer Alliance & Leicester customers Abbey Fixed Rate Bonds online.

1 Year Fixed Rate ISA

Earn up to 3.10% gross p.a./AER
Save Tax free and get guaranteed returns.

  • Earn 3.10% gross p.a./AER on balances over £9,000. Balances below £9,000 earn 2.75% gross p.a./AER, fixed until 1 July 2010.
  • Save between £500 and £3,600 each tax year. You can also transfer in existing funds from a cash ISA.
  • Available exclusively in our branches.
  • Withdrawals or early closure allowed, subject to you paying an amount equivalent to 60 days' interest on the amount withdrawn.
  • On maturity, Instant Access account rates and terms and conditions apply.


Important Information


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