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Beware Alliance and Leicester!

Just a quick note for u all 2 b aware of relating to Alliance and Leicester.....

Opening their new premium current account DOES give you £100 but switch to another account straight after!!!

This is because they do not pay SS or DD when money has credited the account on the due days of payments...leaving u to then manually pay the DD's each month!!:mad:

Comments

  • ram123
    ram123 Posts: 30 Forumite
    I dont trust what you say. If they dont pay DD and SS then how on earth we all bank with them.:exclamati:exclamati:exclamati
    spendaload wrote: »
    Just a quick note for u all 2 b aware of relating to Alliance and Leicester.....

    Opening their new premium current account DOES give you £100 but switch to another account straight after!!!

    This is because they do not pay SS or DD when money has credited the account on the due days of payments...leaving u to then manually pay the DD's each month!!:mad:
  • HouseHuntr
    HouseHuntr Posts: 522 Forumite
    spendaload wrote: »
    Just a quick note for u all 2 b aware of relating to Alliance and Leicester.....

    Opening their new premium current account DOES give you £100 but switch to another account straight after!!!

    This is because they do not pay SS or DD when money has credited the account on the due days of payments...leaving u to then manually pay the DD's each month!!:mad:

    :rotfl::rotfl:Another loser !
  • pmduk
    pmduk Posts: 10,710 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Most accounts now require you to have the funds in place the day before payments are due.
  • buffbuff
    buffbuff Posts: 97 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    Ive been with them for over a year now and all my DD have gone out on time no problem.
  • preable
    preable Posts: 2,114 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    A+L are great in my oppinion
  • ollieb023
    ollieb023 Posts: 11 Forumite
    Anyone have any experience of leave A & L when they have paid the £100?

    I have recently received the £100 but have become so frustrated with there poor faster payment service and online layout of balances/transactions etc that i want to leave.

    Is there a minimum period you must stay with them before leaving? Just don't wanna get hit with any charges?

    Cheers
  • MCGONIS
    MCGONIS Posts: 699 Forumite
    Hello. I have opened (then closed) cheque accounts with them twice in the last 3 years. I got accepted last week for another account. Close it when you want. It just shows as SETTLED or SATISFIED on you credit report! The bank incentive you received makes no difference! Hope that helps.
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