Benefits to Alliance Current Account Holders

leeegglestone

Just had an email about this, wondered if its any use to anyone
Credit Card
0.5% Cashback on purchases - up to £15k annual spend
and for first year 10% bonus of what cashback you earned.
0% - 6 months BT

http://host.alliance-leicester.co.uk/plusbenefits/creditcard.php?u=nnnXSCm0&c=al0304065218

YorkshireBoy

This is either a BT card or a cashback card. You shouldn't use it for both due to the order of payments. However, it has far too many drawbacks...

BT summary
0% for 6 months only.
BT fee 2.25% uncapped
Can't SBT from a current account

There are better cards around, eg Virgin.

Purchases summary
0.5% cashback (increased to 0.55% in first year only) is easily beaten by Egg Money, Morgan Stanley, Amex etc.

A&L are plugging this on the back of their Premier Direct acurrent account, but there are far better cards around.

All IMHO of course.

sicker

MBNA at there best. You spend £1000 and get .5% cash back = to £5. On this you get a further 10% = to 0.50p. So in total you get £5.50p back = to 5.5% What rubbish, go to Egg and get 1% and forget about A&L

John