Alliance & Leicester Instant Reserve Account
Like most businesses, you probably have some money put aside that is not essential to the day-to-day running of the company, but may be required immediately if the need arises. So why not make it work harder for you? With this Instant Reserve Deposit Account, you can have the peace of mind of knowing that your money will be available to you without giving notice, but also benefit from higher returns that are typical of longer-term deposits.
- Earn 4.07% AER (variable)* on all balances
- Minimum balance £1, maximum balance £2million
- No complicated tiers of rates, you receive our base rate minus 0.5%
- No notice, direct access to your funds
- 10 free withdrawals per month and only £2 thereafter
- Deposit money by post or electronic transfer (BACS)
- Withdraw money from cash machines or via electronic transfer (BACS)
- Managed online and via phone, fax and post