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Abbey - Santander untrustworthy!

I have a bank account with them that offered 8%AER for balance up to £2,500 fixed for 12 month if I put £1,000 in every month. I always fill in up to the maximum every month. That should work out about £14 net interest monthly. However, for the second time, they only paid 16 pence instead. :confused:

Beware the untrustworthy banstard!
Vodafone sucks. :mad:

Comments

  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    Perhaps you don't have the account that you think you do. I have the "Premier Direct Current Account" which has 8.5% up to £2,500 fixed for 12 months as long as I pay £500 every month. And, they've been paying the interest just fine for me.

    Does your bank account have the same name as mine?
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • nzseries1 wrote: »
    Perhaps you don't have the account that you think you do. I have the "Premier Direct Current Account" which has 8.5% up to £2,500 fixed for 12 months as long as I pay £500 every month. And, they've been paying the interest just fine for me.

    Does your bank account have the same name as mine?

    Yours is with A&L.....
  • XXXX wrote: »
    I have a bank account with them that offered 8%AER for balance up to £2,500 fixed for 12 month if I put £1,000 in every month. I always fill in up to the maximum every month. That should work out about £14 net interest monthly. However, for the second time, they only paid 16 pence instead. :confused:

    Beware the untrustworthy banstard!

    Did you transfer your old bank account to them? I remember that I needed to...you could check the T&Cs....?
  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    Yours is with A&L.....

    I have got to start paying attention.
    I hear "Santander" and I think they're all the same bank now.
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Did you transfer your old bank account to them? I remember that I needed to...you could check the T&Cs....?
    Did I also read that the 'bonus' rate was paid at the end of the year, rather than every month?
  • dunstonh
    dunstonh Posts: 121,163 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Is the account split with a running rate paid monthly and a bonus rate, if you qualify for the full rate, paid after 12 months?

    Or, is there a limit on the number of withdrawals and you exceeded that?

    What does it say in the T&C?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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