The new Premier 50 account will include a credit interest rate of 7% AER, plus a series of lifestyle benefits including annual worldwide travel insurance which will cover you up to the age of 79 and access to private medical expertise and diagnostic tests.

The Premier 50 current account will offer customers with access to up to two out-patient private medical consultations a year and up to GBP750 towards out-patient diagnostic tests as well as access to a 24 hour confidential helpline which operates 365 days per year.

Emma Walkley, senior current account manager at Alliance & Leicester, said: With Premier 50, we have put together a great package, which for just GBP10 a month could provide over GBP1,000 worth of benefits. In contrast to many packaged accounts, Premier 50 can offer both a table topping rate of credit interest, as well as really relevant and useful benefits.