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Question about £1000 per month rule

kevtrader · 2005-01-05 14:33:31

Hi I'm thinking of opening a current a/c with A/L (5.5% interest) but I don't earn £1000 per month. Does transferring £1000 to the account per month fufill the minimum amount or do I have to look for another account? Thanks Kev

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davidcampbell Posts: 430 Forumite

5 February 2005 at 2:18AM

i would expect that all banks run it as calendar month, but dont have any evidence of that. if they dont, ask them to change your statement date to the 1st (or 31st)

any deposits into account usually go towards your monthly requirement - (some banks dont count debit card refunds) but anything else should be inlcuded.

DC

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Question about £1000 per month rule

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