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A&L Online Saver Issue 5

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Comments

  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 2 October 2010 at 1:56PM
    Mine is credited too, finally.
    Time to close my Online Saver, as I have opened Esaver Issue 2.
    ADINDAS
  • teralin
    teralin Posts: 138 Forumite
    Yes Maggie, I think that my interest is around £200 less than expected. Difficult to check though as the balance has been up and down frequently over the year.
  • Froglet
    Froglet Posts: 2,798 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Will Santander have much money left after everyone has applied to transfer out i wonder...............:D

    Useless bunch.I trusted Bradford and Bingley,and Alliance and Leicester but it really was a very bad move ,and now their names,and that of Abbey,have been tarnished for ever.
  • Sceptic001
    Sceptic001 Posts: 1,111 Forumite
    teralin wrote: »
    Yes Maggie, I think that my interest is around £200 less than expected. Difficult to check though as the balance has been up and down frequently over the year.
    Don't forget that the rate fell to 0.5% on 2nd August (or on anniversary of account opening). :(
  • I'm also seeing a shortfall in the interest paid on an issue 5 account today.

    I thought the interest rate was 3.15% until 2nd Aug 2010 and then went down to 1%, can anyone confirm ?
  • Sceptic001
    Sceptic001 Posts: 1,111 Forumite
    edited 2 October 2010 at 6:10PM
    I thought the interest rate was 3.15% until 2nd Aug 2010 and then went down to 1%, can anyone confirm ?
    [STRIKE]0.5%, not 1%[/STRIKE]

    EDIT: Actually, it appears the rate is tiered:
    Balance <£25k 0.5%
    25-50k 0.75%
    50-250k 1%
    >250k 1.5%
    http://www.alliance-leicester.co.uk/customer-service/pdfs/Savings-rates.pdf
  • bigk
    bigk Posts: 35 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Finally received my interest about lunchtime and then transferred some cash to another bank (under £250). Summary shows it as having left A&L account but does not appear yet in new account (Barclays) even though it was "fast tracked". Is this because it's weekend?
  • a&akay
    a&akay Posts: 526 Forumite
    It's because it's now Santander and, according to the ukpayments site, it's max £300 by phone only. Will go by BACS not FP.
  • Lower_North
    Lower_North Posts: 4,959 Forumite
    I got so fed up the other week with A and L / Santandar that I tried to close all my savings accounts. Failed miserably. now just got £1 in each and am waiting for the Issue 5 interest. I have moved my current account to Lloyds Vantage with 4% interest on first £7,000, which is better than any deal A&L can offer anyway.

    I am also worried as I have a 2 year bond maturing next week with Anglo Irish which will pay into my nominated account (A&L) and have had a letter from a company saying my account on a direct debit has changed cos of the move to santandar. I rang A&L and was told "dont worry your old account is still active." with their track record at the moment, whats the betting my Anglo Irish money gets lost?
    MSE is a religion and the Arms is its Temple:money:

    :beer:
  • may be daft question, but I cannot find what interest rate I am getting on Online Saver Issue 6 (was A&L)
    anyone help?
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