A&L interest rate change notifications.

alanwsg

I have an Esaver2 account with A&L I've just realized that I've never had any Emails from them regarding interest rate changes.
Do they send these out or have I had a screw up on the Email address front?

Also: it's it worth changing the account to an "online saver issue 4" (gross 3%) on the first of next month? These things change so fast it like hitting a moving target!

spike87

I very rarely get told by A&L of interest rate cuts, they're very sneaky like that. In fact, the only way I ever know of rate cut is by reading it on here!

StevieJ

They were paying BR - 1% on current account, now they are paying a straight 1% , I think that is a plus for them although needless to say they told me about that one :cool:

ricll

I also have an eSaver2 and as long as I know it's paying 2.8% at the moment, so I guess it's not worth changing to an eSaver4.

And to be fair with A&L they have a pretty easy system where you can check the rates on any savings account here http://www.alliance-leicester.co.uk/savings/interest-rates.aspx . Better than most banks on this.

ricll

just to confirm, eSaver2 was paying 3.48% from 2nd February and now is paying 2.87% (from 2nd March), you can check this by selecting "closed issue accounts" through the above link.