advice on A & L premier current account

nichart20

Im thinking of applying for an Alliance & Leicester premier current account you get £50.00 cash back through quidco and £100.00 cash back from A & L if you apply online, I have had a look but cannot find anywhere if there is a monthly charge for this account, does anyone know at all

YorkshireBoy

nichart20 wrote: »

...you get £50.00 cash back through quidco and £100.00 cash back from A & L if you apply online...

There are other conditions to meet, ie switch DD's etc. Were you aware?

...I have had a look but cannot find anywhere if there is a monthly charge for this account, does anyone know at all

Not if you follow the account T&C's ie £500 monthly credit, otherwise £5 per month. All charges are detailed on their website, along with the T&C's.

nichart20

oh yeh I have direct debits to transfere and will arrange for my wage to be paid in

amy

What About If I Open An Account Pay The Money In Get The £100 And Close It? How Long Does It Need To Be Open For?? I Cant See That!

nichart20

I just read up a bit more, you have to pay 500.00 paid in monthly and have direct debits transfered over, the £100.00 gets paid after 4 months, my quidco has still not tracked has not been that long, im setting this up beacuse I wanted a new bank account was fed up with hsbc so the money is just a bonus

masonic

amy wrote: »

What About If I Open An Account Pay The Money In Get The £100 And Close It? How Long Does It Need To Be Open For?? I Cant See That!

You only need to keep the account open until you get your £100. You can then close it if you want to.

julie777

What if the account you transfer has no direct debits?
Also, can the £500 be transferred from another Bank or does it have to be wages etc?

YorkshireBoy

julie777 wrote: »

What if the account you transfer has no direct debits?
Also, can the £500 be transferred from another Bank or does it have to be wages etc?

...for Premier Current Account have funded at least £500 from a non-Alliance & Leicester account within 11 weeks of opening the account. If you do not have any direct debits to switch you will not receive £100...

http://www.alliance-leicester.co.uk/current-accounts/premier-100-switching.aspx?ct=cahubimage

..........

Natti_A

I didnt have any direct debits on the account I "transferred" from. They did move all of my payment detail ie// saved previous payee's though.

I got both the £150 and £50 too! I recommend it!

Natti_A

PS: i opened this account in august, they may have tightened the rules since then?

masonic

Natti_A wrote: »

PS: i opened this account in august, they may have tightened the rules since then?

Yes, they have. The most recent offer is very strict and you need to have at least one active direct debit to transfer. Even before that, some people have said they were disqualified from getting the incentive because they didn't have any DDs.