The Alliance and Leicester Premier 21 account turned one year old today and to mark the occasion a ten percent interest rate offer has been reintroduced for new customers.
The ten percent offer on the Alliance and Leicester current account will be valid for the first GBP1,000 deposited and kept in the account for 12 months. After the first year the rate will revert to a base rate tracker.
The current account is available to customers aged between 16 and 21, with an interest free overdraft facility available to those over 18. An Alliance and Leicester spokesman believes that by concentrating their efforts on smaller markets such as this they can deliver a product better suited to their needs.
A survey carried out by Tesco Finance has found that nearly half of the people talked to are taking steps to be more eco-friendly, though it is saving money rather than saving the planet that is the motivator.
As the cost of gas, electric and petrol soars ever upwards so about two thirds of people in the Tesco Finance survey say they make sure electrical items are switched off rather than left on standby. Three quarters of people now use low energy lightbulbs too.
A smaller percentage, around 20 percent of people surveyed, told Tesco Finance that going green was just too expensive. There are aspects of this that are true, but it is in the practical aspects that consumers can save money by thinking green.
Over 5,000 copies of the Nationwide Building Society Teenagers Guide To Money have been distributed to schools and colleges across the country.
The reason the guide was produced is that just under 70 percent of teenagers in a Nationwide Building Society survey stated that they did not really understand much about finance. With this in mind the Nationwide want to equip young people with a better knowledge and understanding of finance so they can make better choices when selecting a bank account and have to manage their own money.
A Nationwide Building Society spokeswoman said that the teenagers guide would help those people leaving school and equip them with a knowledge that will stand them in good stead for the future.
