A&L Premiere direct current account

pfpf

brranger wrote:

ok truse I don't come on here to fall out just help and I know you help alot from the thanks you have and i respect that.

Ranger

no truse you two.. fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight fight

stars_bright

Oops, sorry to have caused all this trouble. I am fairly new to these boards and didn't realise that there was a referrers board

chesky369

Gentlemen, Gentlemen - if we could go back pre-fight, I am also opening an A& L account in order to have the 12% regular saver. I have to put £500 per month into it, out of which I shall transfer £250 to the saver - can I then transfer the other £250 back to my feeder account, rather than have it sit doing nothing?

brassmonkey001

KTF wrote:

You have a choice of either a 6.1% current account or a low paying current account and a 12% regular saver account. You cant have both.

Why the report for the PM?

Is this true? Can anyone else confirm?
I nearly jumped in with both feet again. Thanks KTF if it is true.

morganb

You can have both according to the A and L - I phoned them earlier this week! If in any doubt why not do the same...

FYI : I initially had Premier Account. Then after phoning them I applied online for Premier Direct and got accepted (email arrived, awaiting paperwork).

When you apply for Premier Direct you get the chance to enter your existing A and L account number.

HTH

brassmonkey001

Looking at the T&Cs it says:
"you may only open an account in conjunction with a current account"
""Current Account" means an Alliance & Leicester Premier Current Account"
so you could read it either way.

KTF

Yes, the Premier Current account is the 1.5% account with the option to open up the 12% monthly saver.

http://www.alliance-leicester.co.uk/currentaccounts/index.asp?page=prem-credit-interest&cm_re=al2cahp-_-05-_-prembl&ct=curracchome05

The Premier Direct Current Account is 6.1% interest with no option of opening the monthly saver.

http://www.alliance-leicester.co.uk/currentaccounts/index.asp?page=home&ct=primarymenu

stars_bright

I have now opened the Premiere Direct current account and it says it has also opend a Plus Saver account - is this account any good and do I have to use it as I already have the A&L Online Saver account which offers a good intest rate?

brranger

stars_bright wrote:

I have now opened the Premiere Direct current account and it says it has also opend a Plus Saver account - is this account any good and do I have to use it as I already have the A&L Online Saver account which offers a good intest rate?

No you don't have to use it all your accounts should show online just pick and choose.

masonic

morganb wrote:

You can have both according to the A and L - I phoned them earlier this week! If in any doubt why not do the same...

FYI : I initially had Premier Account. Then after phoning them I applied online for Premier Direct and got accepted (email arrived, awaiting paperwork).

When you apply for Premier Direct you get the chance to enter your existing A and L account number.

Looks to me like your Premier account will just be changed to a Premier Direct.

From: https://www.applications.alliance-leicester.co.uk/smartapps/index.asp?lookfeel=currentaccounts&prepopapptype=premplus&tunnel=yes&ct=curraccmenu

There is a maximum of either one Premier or one Premier Direct Current Account per customer. Existing Alliance & Leicester current account customers wishing to change their account type to a Premier Direct Current Account should call the telephone number on the front of their current account statement.