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ONLINE SAVER ISSUE 7 WITH ALLIANCE LEICESTER REVIEW
Online Saver Issue 7 with Alliance Leicester - Savings Account
(Which Way To Pay - 24/2/2010)
The Online Saver Issue 7 is a straight forward online only savings account with a range of great benefits and features. Firstly, it has a competitive introductory bonus rate of 2.75%. After 12 months however, the interest rate reverts to the underlying variable rate of 0.5%, so it could be worth assessing your options at this point.
The minimum deposit you need to open this account is 1,000 and you can save up to 2,000,000. You can access and withdraw your savings online, 24/7 with no penalty charges. To access your funds, however, you must transfer your money to a current account. If you transfer your money to your Alliance & Leicester Current Account you should have access to your funds within 24 hours, if you transfer your funds to a current account with another provider it can take up to 4 days.
Alliance Leicester Online Saver is ranked 3 out of 5. Based on 1 review.

3 Star Rating        
            
REVIEW RATINGS EXPLAINED
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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