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AA Internet Extra Issue 4

As covered elsewhere, the AA have announced another issue of their instant access internet saver product with 2.8% AER, of which 2.3% is a 12 month introductory bonus. They advise that existing savers can transfer easily from other products (well they would, wouldn't they?!) but it's not clear if a transfer from issue 3 to issue 4 would restart another 12 month introductory bonus period and it doesn't seem to be covered in FAQs, etc, can anyone clarify?

Thanks....

Comments

  • StephenM_2
    StephenM_2 Posts: 373 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    edited 22 July 2011 at 4:13PM
    I've just done this and the 12 months do start again. I converted the day after the 12 month anniversary.

    For an internet account, this doesn't half generate a lot of post. So far I've had the following, all in separate envelopes:

    1. An annual statement for my Issue 3 account.
    2. A statement for 1 day's worth of interest on my Issue 3 account for the day after the anniversary
    3. A letter welcoming me to Issue 4.
    4. An opening statement for Issue 4.
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