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A&L 0% O.D Query - Ends after 1 year?

Sillychuckie
Posts: 1,210 Forumite


Hi.
Can someone please confirm what happens to the 0% Interest Free Overdraft deal that I have on my Premiere Direct Current Account once the first year is over?
I opened it almost 12 months ago and have been using it. Does it end, or is it ongoing?
I can't find terms and they don't offer it anymore.
Thanks.
SC
Can someone please confirm what happens to the 0% Interest Free Overdraft deal that I have on my Premiere Direct Current Account once the first year is over?
I opened it almost 12 months ago and have been using it. Does it end, or is it ongoing?
I can't find terms and they don't offer it anymore.
Thanks.
SC
0
Comments
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You should request T&C when you first opened ur account. Call A&L and see what they say or go into the branch. I'm sure they will be happy to help you answer your query. From what i heard, it ends after 1 year, of which it will charge you 50 pence per day up to £5 max per month. If you have a large overdraft, then this is cheap in comparison to other high street banks. If you managed well with the account, i can imagine it is ongoing but its not free.0
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