We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
A&L Premier Direct Current Account question
windcarver
Posts: 1 Newbie
So the Premier Direct Current Account currently offers 8.50% AER interest for balances up to £2,500, but 0.10% for anything over it. Pardon my ignorance but does this mean that if I went over the £2,500 balance my entire balance would gain 0.10% interest or 8.50% for the £2,500 and 0.10% for anything over it? Can someone please clarify. If it is the latter then it's going to be a real pain as I have no way of knowing my exact monthly payment due to things like travel expenses etc
0
Comments
-
You would get 8.5% up to £2500. Anything over would need to be sweeped into the plussaver that comes with it or other savings account.
Don't forget to look at quidco to see if they still offer £50 for opening an account.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.1K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards