Bank of Scotland Ultimate Reward Account

Hi, quick question, when do they take the £12.50 charge from the account? I've just put my £100 into the account today to activate it, but I'm not sure of when they charge the fee for the account, and don't want to risk going overdrawn while I'm transferring my stuff over to this account.

Comments

  • Our payment is taken on the date of the month our account was originally opened. We opened ours on the 14th May so ours is always taken on the 14th of the month.
    February 2013 NSD - 4
  • It comes out on the date that you upgraded.
    100% G33K
    :D:D:D:D:D
  • Miser_maz
    Miser_maz Posts: 250 Forumite
    edited 26 October 2010 at 7:48PM
    I know the BOS Ultimate Reward Account provides AA cover, but are you classed as a "Member of the AA"?
  • TB85
    TB85 Posts: 5 Forumite
    The monthly fee will debit your account on the day you upgraded to URCA, or the day that you funded the account with the £100 to activate it - Note that this isn't necessarily the day you applied for the account/the date it was 'offered'.

    From April 2011, all URCA fees will debit accounts on the 1st of each month, as per the harmonisation of systems will Lloyds.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350K Banking & Borrowing
  • 252.7K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 242.9K Work, Benefits & Business
  • 619.8K Mortgages, Homes & Bills
  • 176.4K Life & Family
  • 255.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.