Alliance & Leicester

I had never really heard much about Alliance and Leicester. It was never one of the prominent banks that stood out for me, I guess that was due to advertising and because there don't seem to be many in high streets near me. I recently changed my banking to Alliance and Leicester after spotting an offer on www.moneysavingexpert.com whereby you get 100 pounds for switching across, and I took the offer up. I switched my banking from lloydstsb. Alliance and Leicester offer a switching service whereby they write to your bank (once they have your permission) and offer to change all your direct debits over for you. This is great in theory as it saves you lots of ...  Read the complete review

I am not a fan of Alliance and Leicester. My main reasons for this are: -When going £3 over drawn I was instantly charged £50, no letter to let me know, no phonecall, I would not have known unless I had phoned them to enquire to my balance. -They upped my interest rate for my allowed overdraft without telling me, when I first opened the account I was told it would be no more than £5 per month, it is now 50p a day which makes it around £15 per month. -Their website is not very user friendly, Lloyds tsb's website is much better and easier to use, Alliance and Leicester's is pretty much useless. -Their customer service skills are ...  Read the complete review

Reasonable service when working but be aware that paid in cheques take an age to clear so, although you get banking without any actual charges, they get their money by holding on to your cash. Also the website support is pitiful (to be kind) - I guess they save money by having no competent staff available at weekends which means if the system goes down, as it did last weekend, you can forget about using your money until at least Monday lunchtime! Avoid Avoid Avoid as your main bank account!

Alliance and Leicester is a growing a very successful bank, with a lot of help from the banking group santander. I have only had an A+L account for over 3 months and find it one of the best banks I've been with. I have split the review inot sections which I beleive is important for a bank to be successful and reted them /10 along with a comment. In this review I'll be reviewing the Alliance and Leicester Current Accounts Interest Rates: 9/10 For the first year once you have join A+L they award you 6% AER for balances up to £2,500 which is one of the highest interests rates possible at the moment. This means that with you £2,500+ kept in ...  Read the complete review

I currently have a joint current account and two joint savings accounts with Alliance and Leicester and I am fairly pleased with the service I receive from them. We joined this bank when we were looking around for a joint account, as we were moving in together. We chose the Premier Direct Current Account due to the overdraft facility and the fact that the offer at the time was a decent interest rate on any credit balance on the account. The account came with a linked savings account which we didn't really need at the time but have used since. After about a year using the bank we have now opened another savings account with a higher interest rate. ...  Read the complete review