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Alliance and Leicester (Santander) Premier Direct Account

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Credit_Jake
Credit_Jake Posts: 222 Forumite
edited 8 January 2011 at 4:14PM in Budgeting & bank accounts
Hello

I have never used my overdraft but just wondered if anyone knew what the charges are for using your overdraft now they are run by Santander? It still displays as a premier direct account on my internet banking. Is it still 50p a day capped at £5 a month?

Thanks

Jake

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Is it still 50p a day capped at £5 a month?
    Mine is.....
  • Thanks! :T
  • Same as they've always been. No changes to your account product even though it's now under the banner of Santander.

    You can always (and maybe should) pop in or call to confirm this. :)
  • Matt_EA
    Matt_EA Posts: 40 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    I'm an A&L customer, and am sorry to say that Santander have just decided they're going to potentially DOUBLE the monthly overdraft fees we (ex-)A&L customers pay on our accounts.

    If you have a Premier or Premier Direct account, then they are now raising the overdraft usage fee from a £5 monthly cap to a new £10 cap. My latest 'view your statement' email, received today, contained a link to this document about changes to T&Cs on overdrafts. See page 3 for the new charges, and page 5 for when they are coming into effect. (For the increased overdraft fees, it's from 16 March.)

    Not happy one bit!!! :mad:
  • ses6jwg
    ses6jwg Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Matt_EA wrote: »
    I'm an A&L customer, and am sorry to say that Santander have just decided they're going to potentially DOUBLE the monthly overdraft fees we (ex-)A&L customers pay on our accounts.

    If you have a Premier or Premier Direct account, then they are now raising the overdraft usage fee from a £5 monthly cap to a new £10 cap. My latest 'view your statement' email, received today, contained a link to this document about changes to T&Cs on overdrafts. See page 3 for the new charges, and page 5 for when they are coming into effect. (For the increased overdraft fees, it's from 16 March.)

    Not happy one bit!!! :mad:

    ask your branch to transfer you to the prefferd overdraft account if you can pay in 1k pm
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