Alliance and Leicester

John_0771

I applied to open a prem21 account with Alliance and Leicester which gave me £50 on *removed* with a esaver which gave me £20 (£70 alltogether :- D), I currently have no income - student loans all in my nationwide account

I've read the t+c and as far as I can see I don't need to pay anything into it - can anyone here who has experience with this account confirm this - thanks

and i see it has 10% intrest(up to a grand), does that mean i can just leave £1000 in it O_O seems strange thats even more than their esaver

masonic

The Premier21 account requires you to pay "your income" into it. However, it does not require you to have an income, so you aren't really held to that commitment. It shoudn't be an issue, although making a few nominal deposits won't hurt. If you don't use the accounts and have all your cashback, might just as well close them.

emma396

i would do what u have said, keep in £1k in it, then transfer out the interest each month. You can pay in a fiver then take it back out again.