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Compare Alliance & Leicester Financial Products

Compare a range of financial products and services available from Alliance & Leicester. Read our section reviews, find a product that's right for you and apply online.

Alliance & Leicester Overview

Alliance & Leicester is a British bank owned by the Santander Group, one of the world's largest banking groups.

Alliance & Leicester was formed in 1985 through the merger of the Leicester Building Society and the Alliance Building Society, then it went on to become a bank in 1997 when it was floated on the London Stock Exchange.

In October 2008 Alliance & Leicester was acquired by the Spanish firm Banco Santander for around £1.26 billion.
Its headquarters are located in Leicestershire, England. The group also has presence in Ashford, Bootle, Leeds, Manchester, Wigan and Belfast, with all of its contact centres based in the United Kingdom.

The Banks main retail business is in the UK include Alliance & Leicester savings accounts, mortgages, current accounts and personal loans. They also offer insurance, life assurance, unit trusts, personal current accounts and credit cards, asset financing and commercial lending.
Alliance & Leicester offer a range of credit cards, provided by credit card specialist MBNA.

Like many of its rivals, it offers 0% balance transfer and purchases introductory periods and reward schemes allowing users to accumulate points for every pound spent. It also provides competitive interest rates when any introductory periods expire.

Customers can manage their accounts 24-hours a day online or over the phone.
The Alliance & Leicester business credit card provides a trouble free method for spreading the cost of business expenses over multiple cards available to staff. Individual statements are offered allowing you to monitor and control business spending, simplifying your accounts, providing you with full financial coverage. Free online access to accounts is also available allowing you to monitor payments, recent transactions and monthly statements and manage accounts 24 hours a day, 7 days a week.

This credit card also offers benefits available to all business customers in the form of business discounts. Customers receive 15% off any Hertz car hire and a free Hertz Club Gold membership. In addition to this, customers are also eligible for a 30% discount on personal membership with RAC.
Alliance & Leicester offer a variety of flexible current accounts designed to suit a range of needs, each providing competitive interest rates on balances.

Alliance & Leicester current accounts also offer a number of benefits which include:
  • A Visa Debit card to use on the high street and to shop online
  • Online, phone and mobile banking allowing you to access your account 24 hours a day 7 days a week
  • Cash withdrawals available from any cash machine or post office branch in the UK
  • Easy Switching Service allowing any standing orders, direct debits and salaries to be added to your new account
  • pay as much or as little into your account in each month, it's up to you!
Alliance & Leicester offer a range of savings accounts designed to suit all savers. Often boasting market leading deals, Alliance & Leicester savings accounts provide customers with several benefits including high interest rates allowing you to get the best from your savings.

Alliance & Leicester savings accounts can make saving simple and rewarding. Whether you're looking for an instant access savings account that carries no withdrawal penalties, or you can afford to lock your money away and benefit from higher interest rates, Alliance & Leicester have a savings account for you!
The Alliance & Leicester ISA offers very competitive interest rates on balances up to £3,600 per tax year, including any ISA funds saved from previous years. This account allows you to make monthly deposits, or make one-off payments as you please, subject to ISA limits.

This account provides you with the flexibility to access your money within 24 hours of when a transfer is made into your Alliance & Leicester current account, or up to 3 working days for transfers to a current accounts held with other providers. There are no withdrawal charges so you have complete control over your money.

Make the most of your tax free-savings allowance an start saving with an Alliance & Leicester ISA
Alliance & Leicester Fixed Rate Bonds come with a choice of terms and interest rates, allowing you to make the right decision based on your financial needs.

You can invest a lump sum when opening your account of between £1,000 and £2 million and calculate exactly what returns you will earn for your investment, allowing you to sit back and watch your savings grow.

Like most fixed rate bonds, you cannot make any withdrawals until the term has ended, so spend some time thinking about which Alliance & Leicester fixed rate bond is best for you.

Alliance & Leicester fixed rate bonds are protected by the Financial Services Compensation Scheme, which means that savings of up to £50,000 are covered and can be claimed back if the bank were to fall into financial troubles.
Alliance & Leicester offer a variety of award winning business current accounts each offering a range of benefits to suit businesses both big and small.

All Alliance & Leicester business current accounts provide customers with free and unlimited day to day banking as well as online, mobile and phone banking or at any Post Office branch.

Alliance & Leicester offer a broad range of useful business advice through the governments Businesslink website, helping you save time and money with instant access to clear, simple, and trustworthy information, covering everything from how to go about setting up a new business; managing your finances, VAT, PAYE, returns and reporting; to selling your business.
The Alliance & Leicester Business Savings Account offers an interest rate that is nearly double the figure offered by some of the other big banks. With instant access to your deposits you can have peace of mind and this business savings account is linked to the Bank of England base rate so your surplus funds will always be working hard for you, allowing you to focus on running your business without having to constantly compare the market for the best deals.

The Alliance & Leicester Business Savings Account is available to all businesses, irrespective of turnover. Customers can make up to 10 free automated withdrawals per month which includes BACS, Faster Payments and ATM. If you require additional withdrawals there is a £2 charge per extra transaction.
Cheque deposits can be made by post and electronic transfer. Accounts can be managed over the phone, by fax, post and using the online business banking facility.

Alliance & Leicester News

Time running out on Alliance & Leicester Premier Current Account deal
Alliance & Leicester's cash incentive deal for switching to its Premier Current Account will only run for a few more days. ...
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Wed 24th Feb, 2010
Alliance & Leicester relaunch current account deal
Britons looking to compare accounts may be interested to hear a switching offer is set to be relaunched. ...
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Thu 7th Jan, 2010
Alliance & Leicester relaunches current account deal
Alliance & Leicester has announced a relaunch of its popular £100 cash bonus online current account deal for two weeks only. ...
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Mon 30th Nov, 2009
Alliance & Leicester improves online banking services
Downloading anti-malware software could help Alliance & Leicester customers from falling victim to internet fraudsters, it has been suggested. ...
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Mon 9th Nov, 2009
Alliance & Leicester Online Saver 'best easy access account around'
For those looking a competitive saving account, one writer claims that the Alliance & Leicester Online Saver could prove to be ideal. ...
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Tue 14th Jul, 2009