Alliance and Leicester Charges

Options
I found time to pop into my local branch of A&L where I had a dormant current account. I spoke with the cashier, handing over my debit card asking for the £2.72 to be paid and my account closed.

Fancy my surprise when he said actually I owed them £52.72. For what I asked, he replied that I had not paid in a minimum of £1000 into the account and therefore I had to pay charges.

I refused asking for a simple closure because I had believed that the account was effectively dormant, he checked again and said on top of the £52.72 another £100 was owed - £5 for each day the account was overdrawn upto a maximum of £100/month.

So, having popped in to close my account and spend my £2.72, I end up £152.72 in debt increasing by £100 per month!!!!

How can this be?

Comments

This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.3K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards