Finance: Alliance & Leicester account to target the sector

Helen Warrell

Alliance & Leicester has remodelled its Balance Builder account with new rates of interest to target medium and large-sized charity clients.

The account offers interest rates of 4.05 per cent for a balance of up to £49,999, 4.5 per cent up to £499,999, 4.7 per cent up to £999,999 and 4.75 per cent on any balance of more than £1m.

Commenting on the new account, Geoff Kontzle, head of the public sector at Alliance & Leicester Commercial Banks, said: "One of the things we have been keen on doing as a bank is developing a range of products that medium and large-scale charities can take advantage of.

"The Balance Builder account has a very attractive rate of interest and we don't require any notice for withdrawals. It is flexible and gives charities a great deal of convenience and opportunities for self-management."

For more information about the account, visit

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in
Follow us on:

Latest Jobs

RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners


Expert hub

Insurance advice from Markel

How bad can cyber crime really get: cyber fraud #1

Promotion from Markel

In the first of a series, we investigate the risks to charities from having flawed cyber security - and why we need to up our game...

Third Sector Logo

Get our bulletins. Read more articles. Join a growing community of Third Sector professionals

Register now