Alliance & Leicester change overdraft policy

SuiDreams

PROLIANT wrote: »

You knew the terms and conditions of the account so why sign up in the first place, ok so you get charged 50p per day for 1p well you wouldnt be complaining if you were £500 O/D would cost you £40 per month @ 8%.

actually those weren't the t&c's when most of us signed up and that over draft would be £40 per year not per month

PROLIANT

SuiDreams wrote: »

actually those weren't the t&c's when most of us signed up and that over draft would be £40 per year not per month

Ok clever s**t I made a typo well spotted give yourself a pat on the back and have a few on me, not,:T well they notified everybody of the change so stop crying and leave! Go to another bank and see if the grass is actually greener.

SuiDreams

PROLIANT wrote: »

Ok clever s**t I made a typo well spotted give yourself a pat on the back and have a few on me, not,:T well they notified everybody of the change so stop crying and leave! Go to another bank and see if the grass is actually greener.

already have

PROLIANT

SuiDreams wrote: »

already have

Then what ya twistin ya moi for then?

Daz1

The first (and only) place I learned about this change in charging was on this site. Had I not known from this site, the first I would have known about it would have been when I was charged £5 last month for being overdrawn.....I got no letter...

YorkshireBoy

Daz1 wrote: »

...I got no letter...

From your earlier post, in seems you have the Premier Direct account. Maybe the new T&C's (or at least a link) were e-mailed to you instead?

PROLIANT

YorkshireBoy wrote: »

From your earlier post, in seems you have the Premier Direct account. Maybe the new T&C's (or at least a link) were e-mailed to you instead?

Hence an online account, yes?

SuiDreams

Daz1 wrote: »

The first (and only) place I learned about this change in charging was on this site. Had I not known from this site, the first I would have known about it would have been when I was charged £5 last month for being overdrawn.....I got no letter...

I remember it being at the bottom of my Statement email in the small print, but saw it here 1st myself

SuiDreams

PROLIANT wrote: »

Then what ya twistin ya moi for then?

I was just agreeing with other posters saying the same things as I was, this will be my very last post on this thread now. goodbye

MarkyMarkD

gemz700 wrote: »

God I really don't want to come on this forum for people to jump up my !!! if i give my point of view. You sound like a complete moron. Perhaps you work for Alliance and Leicester!

No, I shouldn't pay for an AGREED overdraft when other banks give them free. I don't mind paying debit interest but I am certainly not going to pay 50p a day even if I go 1p in to my AGREED overdraft.

As I said in the part of my post you deliberately didn't respond to, you clearly don't believe you should pay for banking at all.

£2.50 a month is £30 a year. You probably spend more than £30 a year on virtually everything you buy. It's a completely trivial amount.

Obviously different charging methods work for different banks and for different customers. If you are unhappy, you can change banks. That doesn't make any particular charging method particularly fair or unfair.

I don't begrudge the odd 50p per day for days when I (rarely) use my authorised overdraft.