A&L 5.38% Direct Saver

masonic

dealornodeal wrote:

I checked A & L online to check the 5 .38% Interest, and I was amazed that for a savings account they can pass on all your personal details to other companies. Its in the small print, and that put me off straight away!

Where exactly do they give themselves permission to pass on your personal details without your consent?

dealornodeal_3

masonic wrote:

Where exactly do they give themselves permission to pass on your personal details without your consent?

That was exactly what I thought, there are no boxes where you can agree or dissagree. In fact it more or less states that they are entitled to do so! I even showed my wife, no wonder that we are all bombarded with junk mail in advertising?

MrsMillar

Is dealornodeal referring to Para 27 of the T&Cs? It looks like fairly standard terminology to me, but maybe I'm being naive?

Regarding the interest rate, looks like I may as well hold on until beginning December to see whether they pass on the interest rate rise. Seeing as how my account isn't even open yet (I applied on 16 October and sent off ID etc by return) it's not an issue yet. Landsbanki have my recent windfall and there it will stay for the time being.......

I do find it quite hilarious that it's down to A&L being so slow opening my account that they will likely miss out on my business!

masonic

dealornodeal wrote:

That was exactly what I thought, there are no boxes where you can agree or dissagree. In fact it more or less states that they are entitled to do so! I even showed my wife, no wonder that we are all bombarded with junk mail in advertising?

From: http://www.alliance-leicester.co.uk/savings/SA8698.pdf

We do not disclose Your information to anyone outside the
Group, other than for the purposes described above [fraud prevention/money laundering/debt recovery etc], unless:
We have Your permission; or
We are required to do so by law.

dealornodeal_3

http://www.applications.alliance-leicester.co.uk-Multi-ProductOnline.

Try this then, and thats just for savers?

masonic

dealornodeal wrote:

http://www.applications.alliance-leicester.co.uk-Multi-ProductOnline

Try this then, and thats just for savers?

Error: You tried to access the address http://www.applications.alliance-leicester.co.uk-multi-productonline/, which is currently unavailable. Please make sure that the Web address (URL) is correctly spelled and punctuated, then try reloading the page.

Edit: I've just been to the applications webpage (which is where I think you were trying to link me to) and the T&Cs are exactly the same as the ones I quoted. A&L will not pass on your details without consent except for the specific purposes mentioned - which relate to fraud, tracing debt/criminal activities and credit scoring.

YorkshireBoy

masonic wrote:

Edit: I've just been to the applications webpage (which is where I think you were trying to link me to) and the T&Cs are exactly the same as the ones I quoted. A&L will not pass on your details without consent except for the specific purposes mentioned - which relate to fraud, tracing debt/criminal activities and credit scoring.

Maybe this...

Giving your Consent
By submitting this form, you are agreeing.....to our carefully selected business partners using your information to tell you about their own products and services.

...is what 'dealornodeal' is referring to?

The full text can be viewed by clicking declaration on the Direct Saver pre-application page.

masonic

YorkshireBoy wrote:

Maybe this......is what 'dealornodeal' is referring to?

Blimey! That's pretty worrying. If there really is no opportunity to opt out during the application process, then that's a pretty low move by A&L.

humanbeing_2

Just to add a little balance here my account was opened in about a fortnight and is running smoothly. If the rate doesnt increase i probably wont use it much though.

dealornodeal_3

YorkshireBoy wrote:

Maybe this......is what 'dealornodeal' is referring to?

The full text can be viewed by clicking declaration on the Direct Saver pre-application page.

Thankyou YorkshireBoy that is precisely what I was referring to!