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A & L online saver - switch?

I have an online saver issue 5 - bonus rate about to end. Can I switch to issue 7 and get the 1 year bonus or does it require 'new' money?

Comments

  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    My understanding is that you would need to transfer the funds from the earlier issue to a current account and then from there into the latest issue. If you have a current account with A&L that is fine as a source of the savings funds.
  • ctdctd
    ctdctd Posts: 1,127 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    G_M wrote: »
    I have an online saver issue 5 - bonus rate about to end. Can I switch to issue 7 and get the 1 year bonus or does it require 'new' money?

    Yes you can - and if you go via a cashback site you might get a £20 bonus - I've managed this with issue 5, 6, and 7 :beer:
    Do Money Saving sites make you buy more bargains - and spend more money?
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