Closing Alliance And Leicester Account..

bigstevex

I opened an account for the £100 switching offer and I've now had the £100 (and the £45 quidco), can I just close the account or have I missed something where you have to stay with them for X amount of time?

jonesMUFCforever

Are there any under funding charges if you dont pay in £x per month?
What do your terms and conditions say about this?

noh

Yes you can just close it.
There is no minimum period required.

bigstevex

Yes you have to fund it with £500 per month or there's a £5 charge,

what noh said is good for me though

This offer is sooo open to abuse! A&L not only have poor customer service but their daft too

noh

I have kept mine open.
You can get £20 fom quidco for opening an online saver account. You do need £1000 to open it but I used my free overdraft for this. You can do this every time they introduce a new issue of the online saver.

For keeping the account open for one year so far I should see.
£45 quidco for opening the Premier Account
£100 for switching
£20 quidco for opening an online saver Issue 5 account
£20 quidco for opening an online saver Issue 7 account
£24 interest from the free overdraft moved to the online saver account.

Thats over £200.
Could have been more but missed the online saver Issue 6!

YorkshireBoy

noh wrote: »

Could have been more but missed the online saver Issue 6!

Must've been hospitalised, knowing you noh!

I'm still (some 16-17 months on!) stoozing a £10K A&L overdraft, which is currently making me over £25 net a month in my LTSB Vantage accounts. Subtract the £5 per month overdraft fee and it's still over £240 per year for nowt!

bigstevex

YorkshireBoy wrote: »

Must've been hospitalised, knowing you noh!

I'm still (some 16-17 months on!) stoozing a £10K A&L overdraft, which is currently making me over £25 net a month in my LTSB Vantage accounts. Subtract the £5 per month overdraft fee and it's still over £240 per year for nowt!

Never even thought of this, although i'd rather not have a 10k O/D sat on my credit history lol, I need to do a balance transfer soon off my credit card