Premier Current Account

"A fantastic account with a brilliant switching experience"
Premier Current Account customer review
Keith, London

Recommend a friend

As an existing customer you can spread the word about our Premier current accounts and receive £50 to share every time you recommend a friend.

What do you get with a Premier Current Account?

0% EAR typical overdraft.
No usage fees for
12 months.

Free annual multi-trip European travel insurance.

24 hours a day access using the internet, phone and branch.

Free Switching Service.

Get great benefits with our current accounts

0% EAR typical overdraft. No usage fees on arranged overdrafts for 12 months from when you open the account (new customers only). A usage fee of 50p a day (up to £5 a month) applies after that. Maximum overdraft limit is £2,000.
Free annual multi-trip European travel insurance worth up to £60 (upper age limit of 65 applies).
Earn 0.50% AER (variable) on balances up to £2,500 and 0.10% AER (variable) on balances over that amount.
You can have access to your account 24 hours a day, using internet and phone banking as well as access to any Alliance & Leicester branch.
It is easy to move your account when you use our Switching Service. Our dedicated team will move your existing direct debits, standing orders and salary to your new account and look to match your overdraft limit (depending on your circumstances).
Exclusive access to a linked PlusSaver account and the Santander Zero Credit Card (depending on your circumstances).

AER stands for annual equivalent rate and shows what the interest rate would be if we paid interest and compounded it (interest paid on interest) each year.
EAR stands for effective annual rate and is the amount of interest charged on an overdraft. The figure does not include any fees or charges.
Gross is the interest paid without taking off tax.

To be able to have a Premier Current Account, you must be over 21 and pay at least £500 into your account every month (or fees may apply). Cash, cheques and your salary all count towards this monthly amount, and they can be spread out over the month.

Apply now

Compare current accounts

Current accounts	Credit interest rate AER (variable)	Overdraft interest rate EAR typical (variable)
Alliance & Leicester Premier Current Account	0.50% (For balances up to £2,500 and variable for one year)	0.00% ^{(no usage fees for first 12 months)}
Royal Bank of Scotland Interest-Paying Current Account	0.10%	19.24%
NatWest Current Plus Account	0.10%	19.24%
HSBC Current Account	0.00%	19.90%

Competitor Rates Source: moneysupermarket.com – 8 March 2010

Use our current accounts calculator to see how much better off you could be with one of our current accounts.

Customers who bought this product also bought...

Flexible ISA

Earn a guaranteed minimum rate of 3.50% AER tax free (variable) for 12 months.

Car insurance

Free UK Total Superservice breakdown cover worth £66.

Santander Zero credit card

The only card in the UK that charges you zero usage fees. Typical 18.9% APR (variable).

Important Information

Plain English approved Crystal Mark 16852

^†Our phone lines are open from Monday to Friday between 8am and 9pm and Saturday 8am to 6pm. Calls are free from UK landlines, but calls from a mobile phone may be different.