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A&L improves offshore base rate tracker

Alliance & Leicester International has increased the interest rate on its offshore base rate tracker Issue 3, to 5.70% gross pa/AER.

This account also comes with a guarantee that the rate will continue to be at least 0.35% above the Bank of England Base Rate until January 31st 2008 - after which time it will revert to no more than 0.25% below Bank of England Base Rate.

Minimum Sterling balance is £15,000, maximum £1,000,000.

One penalty free sterling withdrawal per quarter is allowed, as are unlimited FX withdrawals.

Moneyextra.com recommends you take independent financial advice before acting on any article

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2007-05-03 11:02:53 © Moneyextra.com