Alliance and Leicester has expanded its eSaver Offshore portfolio with two new savings products .
The eSaver Offshore (Issue 2) and sSaver Offshore Notice 50 have been launched to meet consumer demand and provide a number of benefits, according to Simon Hull, managing director of Alliance and Leicester International.
Mr Hull stated the products can be accessed "anytime, anywhere" and provide a "fast application process" and "great rates".
"These new accounts cement Alliance and Leicester International's position as the leading online offshore savings bank," he continued.
The eSaver Offshore (Issue 2) replaces the existing Issue 1 product and offers a variable annual equivalent rate (AER) of 6.25 per cent.
Alliance and Leicester's eSaver Offshore Notice 50 requires advance notification of any withdrawal but offers a "very competitive" 6.35 per cent AER on savings accounts with a balance in excess of £25,000.
Interest is paid annually on both products and the maximum allowable saving in each of the accounts is £1 million.
Alliance and Leicester has been part of the FTSE 100 since 1997 and provides a range of retail banking services.
Alliance and Leicester reveals 2 new savings products
Onlineshares Quote Line
0845 108 0505
Alliance and Leicester reveals 2 new savings products
Tue, 20 May 2008
Recommended links
Online shares and investments portalLow risk investments - term accounts
Low risk investments - national savings
Medium risk investments - bonds
Warning over linked savings accounts
| Stocks & Shares news |
|---|
| UK banks the focus of investment activity, expert states - Fri, 15 Aug 2008 |
| Equity income funds still good investments, expert claims - Tue, 12 Aug 2008 |
| Commodities 'good long-term investments' - Tue, 05 Aug 2008 |
| More News |
