A&L Account question

JenIttels

Hi there,

I was thinking about opening the permier direct account to take advantage of the free £50 but I'm moving abroad in January and thought this might affect the account (as I will be stopping working from Jan I won't put in the £500 per month).

Are there are clauses in the T&Cs that expand on this kind of situation and what happens if you stop putting money in your account?

Also what ID do A&L require for this account?

Thanks for your help
(sorry if this question has been answered elsewhere - will continue looking for the info).

YorkshireBoy

JenIttels wrote:

Are there are clauses in the T&Cs that expand on this kind of situation and what happens if you stop putting money in your account?

They charge you a £5 per month under-funding fee if you don't pay in the requisite £500 per month.

Also what ID do A&L require for this account?

I didn't have to supply any when I opened my account. I suppose it depends on whether they're happy with the information that the credit search returns (electoral roll etc).

DavidIpswich

If you need someone to recommend you or anyone reading this to get your £50, Click on my name and send me a private message

JenIttels

Do you have to keep the account open for a certain amount of time (i.e will they take back the £50 incentive if I close the acc. after 3 months?)

Cheers again.

YorkshireBoy

JenIttels wrote:

Do you have to keep the account open for a certain amount of time (i.e will they take back the £50 incentive if I close the acc. after 3 months?)

Cheers again.

No, and no.