We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Current Account Discussion Board
Options
Comments
-
I would concur with johnllew, that
Smile is the one of, if not, the best and easiest to operate current account
I have been with Smile since the end of January and I like their competitive interest rates and their ethical stance.
To date, I have no problems at all with moving my money, or with standing orders or direct debits.
LeiaI want to be a good saver, but I find it difficult to control my temptation to spend.
I owe £1,247 more than I have in savings.
.0 -
Thanks for the recommendations, this seems to concur with the majority on this board. What about paying in cheques, how is this done ?
"0844 COSTS YOU MORE"0 -
What about paying in cheques, how is this done ?0
-
Thanks johnllew Sounds good enough for me and as you say it will support the local Post Office. I do not have a co-op bank near me and we have had a couple of local POs close down despite protests etc.
Still I won't worry about that until and if it happens.
I will go with Smile. and get my application in. Cheers to all.
;D ;D ;D"0844 COSTS YOU MORE"0 -
Someone has asked a similar question already but I couldn't see a response. I want to take advantage of the 5% interest rate with A&L. I currently have a LTSB account and can't imagine that they'll offer the same terms to an existing customer. Could the payment of £1000 per month be a transfer i.e could I keep my LTSB account and transfer £1001 pounds into A&L to get the interest rate?? Also I pay an account fee at LTSB for a better account. Will this also be the case at A&L.
Thanks
DCThis is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
IMO Cahoot and A&L Premier a/c are both good.
Have been very pleased with cahoot especially.
Best wishes
MThis is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
The new A+L account does not have an account fee. They will charge you if you fail to pay in the minimum of £1000 per month, though. Think the fine is £5 per month.
Somebody else suggested transferring funds between current accounts. I suppose this would meet the terms and conditions but I personally don't think it would be worth the hassle.0 -
Darren, reading martins article i`m sure he says the 5% is only on the first £2500 & 0.1% thereafter on A&L premier plus, if your not in it for the overdraft look at the A&L premier current 2.10% £500 mth req pay in, automatically given free worldwide travel ins & linked online saver acc @ 4.50%0
-
Hi. I'm thinking about switching to the A+L account, but I'd like to know what the chances are of them matching my current £4050 overdraft limit with NatWest? I'd be paying in between £1500 and £1800 a month. Also, do they let you know quite quickly?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
-
Hi. I'm thinking about switching to the A+L account, but I'd like to know what the chances are of them matching my current £4050 overdraft limit with NatWest? I'd be paying in between £1500 and £1800 a month. Also, do they let you know quite quickly?
Reply:
I have tried to follow Martin's advice about switching and have applied for A&L and then Llloyds TSB accounts as suggested. I have 2.5k on my Natwest o/d and am paying 14.92%!! My credit rating is good (I checked on equifax) but I have been turned down by both of them. Martin's advice doesn't cover the situation where they don't allow you to switch. Basically I will have to continue being f*cked by Natwest.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards