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You can open a Premier Regular Saver as part of your Premier Current Account application. Find out more information about our Premier Current Account.
Frequently Asked Questions about Premier Regular Saver
General Account Information | |
|---|---|
| Withdrawal options | No withdrawals are permitted. If you need access to your money, the account must be closed |
| Minimum balance | £10 |
| Maximum balance (over fixed 12 month period) | £3,000 |
| Interest frequency | Annual - At the end of 12 months on the anniversary of the first payment due date |
| Applicants age requirements | 21 and over |
| Application options | Apply online or by phone as part of a new Premier Current Account |
| Statements | Internet access is required to view statements |
?Premier Regular Saver with an interest rate of 12.00% gross p.a./ AER is available to customers only at the time of opening a new Premier Current Account. To be eligible for Premier Regular Saver at a rate of 12.00% gross p.a./AER: applicants must not currently hold any A&L current account, and; applicants must not have held any A&L current account in the three months preceding a new Premier Current Account application. Minimum monthly payment £10, maximum monthly payment £250, for a maximum of 12 months. Interest is paid on maturity on the anniversary of the first payment due date. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year. Gross is the interest paid before tax. After 12 months the account will be closed and funds transferred to your Premier Current Account.
Premier Regular Saver Terms and Conditions (pdf**)
*To read a PDF document you will need Adobe Acrobat Reader 4.0 or above. To download please visit the Adobe website.