A+L - minimum payment

Toastie

I just opened a Premier 21 (£50quid cash back) account in which there is 10% however there isn't a £500 minimum monthly pay in but your own decided pay in.

I put in £100 and i think i missed the call earlier off them.

If i withdrawl £100 and then put it in the next month would this be ok?

I do have £100 pounds to put in per month but i would probably end up withdrawing it afterwards for my needs. (Also over £1000 the interest plummets to 0.1%)

Would this work? I looked around the forums and i think or hope it does. Thanks for your time.

RocketMan

Hello, I dont see why not.

I put £500 into my one and then withdrawl £250 with the other going into a reg saver. The £250 then sits in another account, guess it could be considered part of the £500 I will put in next month.

If in the very unlikely event it does not count I think there is a £5 charge, still leaves you £45 up from the welcome bonus.

Toastie

RocketMan wrote: »

Hello, I dont see why not.

I put £500 into my one and then withdrawl £250 with the other going into a reg saver. The £250 then sits in another account, guess it could be considered part of the £500 I will put in next month.

If in the very unlikely event it does not count I think there is a £5 charge, still leaves you £45 up from the welcome bonus.

It's a shame the 10% interest only lasts a year isn't it.

RocketMan

sure is, wish I was under 21 so I could take advantage of it