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Alliance & Leicester Online Saver Issue 6

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jimbow25
jimbow25 Posts: 355 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
edited 28 December 2009 at 12:26PM in Savings & investments
http://www.alliance-leicester.co.uk/savings/online-saver.aspx

3% instead of the previous 3.15% offered by Issue 5. Other conditions as before - a minimum initial deposit of £1,000 but the balance doesn't have to be maintained at that level. The interest rate page refers to the rate being from 1st October 2009 onwards.

Quidco cashback of £20 is normally available for this account whenever there's a new issue number - however Quidco's website still refers to Issue 5 so you might want to wait before trying to get new cashback for Issue 6.

Issue 5 is still paying 3.15% to existing customers at the moment though I don't think this is a guaranteed rate. [EDIT: It appears these rates are guaranteed for 12 months in fact]

Comments

  • jaigo76
    jaigo76 Posts: 18 Forumite
    I applied for the Online Saver Issue 6 yesterday, it all got processed very quickly and is available for me to use this morning. The strange thing is that its come up as Issue 5 on my online banking. Has this happened to anyone else? Just wondering if this is typo error which should actually read Issue 6, or whether I have qualified for an Issue 5 at the higher rate of 3.15 just before it closed.
  • Just goes to show you, don't look a gift horse in the mouth. Too many people prepared to give Santander a "kicking" instead of taking advantage of their offers.
  • roddydogs
    roddydogs Posts: 7,479 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Does this mean i cant add money to issue 5, and get 3.15%?
  • Baldur
    Baldur Posts: 6,565 Forumite
    roddydogs wrote: »
    Does this mean i cant add money to issue 5, and get 3.15%?
    Of course you can, for 12 months from account opening if you already have Issue 5. See the rates here:
    Online Saver Issue 5

    £1+ Gross 3.15% AER 3.15%

    Launched 02/06/09. After 12 months, the rate reverts to tiered variable interest rate depending on the balance held in the account. Minimum opening balance £1,000.
  • anna42hmr
    anna42hmr Posts: 2,887 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    does any one know, can you get quidco cash back if you already have an old issue a&l account open?
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
  • jimbow25
    jimbow25 Posts: 355 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    anna42hmr wrote: »
    does any one know, can you get quidco cash back if you already have an old issue a&l account open?
    According to previous threads on here I've seen, you can.
  • ScarletBea
    ScarletBea Posts: 2,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Just applied for this account, one of the few with good rate and no withdrawal limits during the year and got £20.20 from Topcashback :D
    Being brave is going after your dreams head on
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