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Alliance & Leicester Recommend a Friend is a SCAM
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it's worked for us...my daughter recommended me and we both got £50, I recommened a friend and we both got £50...I did transfer the money myself rather than waiting for them to sort things out.Wombling £457.410
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Opened account for wife, non taxpayer, with max £250 into regular saver also on R85. Opened one for me at 0% and max overdraft I could get, £1000 it transpired. Transfered this money to her account where it earns 5% tax free. Will pay this back before year is up. Got 2 X £50 within 6 weeks of both accounts opening. Run both accounts off one log in even though they are separate account for each of us. Only transfer in £500 to each on SO from Barclays. Wife gets 5% on £250 in her current (up to £2500) and 10% on £250 transferred to her Regular. I transfer whole £500 straight back out to Barclays to cover SOs and DDs on this account later in month. Think A&L account is rubbish compared to say Nationwide apart from this. Also A&L now tell me max transfer out of all accounts in £1000/day unless to linked account when it is £25000. News to me! Going for 10% regular saver with Barclays tomorrow for her.0
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I have to say that my own experience with the Alliance & Leicester "Recommend a friend" offer has been faultless. Followed the necessary terms & conditions to the letter & both myself & my Mum received our £50 in 10 days. Bargain :T
I hope that others have the same experience.0 -
I can recommend anyone and give £45 of the £50 I recieve back. That's £95 for you and £5 for me!
PM me...
Thanks.0 -
we have opened one account now how long did it take before people got their accont details so they could pay in there £500?0
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got details now.Do i have to register online with Aand L to be able to make an electronic transfer of the £500?0
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birch wrote:Do i have to register online with Aand L to be able to make an electronic transfer of the £500?Internet access is required to get full benefit from this account and to view statements or see any changes to your terms and conditions.0
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My experience with them has been faultless and i'm happy that I have chosen to move to them.0
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To the orignal poster - We found the switch less than perfect.
Started the transfer in November 2005. In short, they made a total mess of transferring my direct debits - lost my mortgage Direct Debits in the process, so I refused to switch my salary until the mess was sorted.
When it was sorted, and my salary was paid in, they claimed I needed to put in TWO consecutive monthly salary payments before the £50 was paid. So come end of January 2006, two monthly payments had gone in.
They then claimed they never received the "recommend a friend" form, despite reading details from it out to me a couple of weeks earlier.
When we resubmitted a new form, then they stated my 8-week period had expired. So I hit the roof, complained in writing, and threatened to escalate it through both the financial ombudsman and trading standards, and needless to say, the £50 was credited soon after, but no apology or explanation as requested.
Therefore strongly recommend putting such a complaint in writing, and escalate it if necessary.
Still, the account has been running nicely now since then.
Best of luck.
Dave0
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