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Over 50 savings accounts – Alliance & Leicester Premier 50

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There are numerous over 50 savings accounts but the one that stands out from the pack is the Premier 50 Current Account from Alliance & Leicester. This account is solely for people over 50 and comes with a host of benefits including worldwide travel insurance and exclusive health benefits for people up to 79 years.

Enquire now - Premier 50 Current Account.

Premier 50 current account overview


For a monthly fee of £10 account holders will enjoy an excellent introductory AER on balances up to £2,500. Plus, an interest-free overdraft for the first year after which a charge of 50p per day is levied for overdraft use.

  • Earn a market-leading rate of 6.00% AER (fixed for one year) on balances up to £2,500. After one year, 1.00% AER (variable) applies. Balances over £2,500 earn 0.10% AER (variable)

  • Benefits include annual worldwide travel insurance up to age 79, exclusive health benefits, identity protection, help with lost cards and a PlusSaver account linked to your bank account - all for just £10 a month

  • 0% EAR typical overdraft. No usage fees on arranged overdrafts for 12 months from when you open the account (new customers only). A usage fee of 50p a day (up to £5 a month) applies after that. Maximum overdraft limit is £2,000

  • You can have access to your account 24 hours a day using the internet, phone and mobile banking as well as access to any Alliance & Leicester branch and over 12,000 post offices™ across the UK

  • Switching is easy when you use the Alliance & Leicester Switching Service. Their dedicated team will move your existing direct debits, standing orders and salary to your new account and look to match your overdraft limit (depending on your circumstances)

  • Exclusive access to Premier Rewards with any Premier current account that includes a linked PlusSaver account, MoneyBack Rewards Credit Card (depending on your circumstances) and much more.

What are the benefits of the Premier 50 account?


Travel insurance – People up to the age of 79 will enjoy worldwide annual multi-trip travel insurance, which covers them for 31 days for each trip with multi-trip cover.

Health benefits for over 50s - As an account holder you will receive:

  • Prompt access to the first stages of essential health care for new medical conditions arising after you join

  • If you’re 79 years or under you will receive, each year, two eligible out-patient private medical consultations and up to £750 of private out-patient diagnostic testing for each account holder

  • Free unlimited access to a 24 hour health information service

For more information and to apply online visit Alliance & Leicester Premier 50

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