Re: Alliance & Leicester eSaver


<nospam@xxxxxxxxxxx> wrote in message
news:577Hj.32014$kN5.13785@xxxxxxxxxxxxxxxxxxxxxxx
deliberately withheld. I don't know how much the helpline costs, but I am
angry about the time I have wasted scouring every letter over and over
frustratedly looking for something they have deliberately withheld, and
would rather they had just charged me a quid or two for opening the
account
than put me through this head-thumping bull***. So right now I feel like
putting the lot in the bin and investing my billions elsewhere.

Indeed. Watch our for that bunch of cut-throat profit-makers.

If you're joining to take advantage of a relatively high interest rate,
make
sure you regularly check the interest rate, which myteriously falls from
being near to, if not the top of the best rates tables at first, to very
shortly afterwards being side-lined in favour of some other account to
grab
the headlines, which you probably will be prevented from opening.

After a year or so (or perhaps sooner), you will notice that the interest
rate for the account you joined for will be slashed to roughly 1% below
the
then current BoE base rate. In order to find this out, they will
thoughtfully send you a letter which typically arrives at the very end of
the term they are required to inform you of by law).

If you choose to find out this information yourself online prior to them
seemingly trying to avoid telling you until they really have to, then you
will need the experience of a police detective in order to track down from
their website which one of the multitude of historical rates and issue
numbers is applicable to your particular account.

And there is another reason to beware. No interest any month you make a
withdrawal.

Jim A


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