can a bank do this?

**debt_mountain** · 7th November 2006 23:15

Alliance and Liecester are offering a 12% interest rate on an account linked to a new current account. But when I applied they would only give me a standard account.

#When I appealed and even said I didn't want an overdraft icon

or cheque card or even debit card they still refused saying my cedit history was the cause.

Can they do this, all I want is the 12% deal. Is there anything Ican do to have them give me the interest rate without the other facitilities?

Similar Threads:

**barracad** · 7th November 2006 23:17

The account is subject to status, they don't have to offer the account to you.

-------------------------------------------------------------------

**debt_mountain** · 8th November 2006 10:02

Originally Posted by barracad

The account is subject to status, they don't have to offer the account to you.

Thanks for the reply, I really dislike banks, they are happy to give me a debit card and a cheque book (no cheque card) but not on the higher interest icon

account, sounds like a con to me....:grin:

**barracad** · 8th November 2006 11:00

My bank are happy to lend me a grand, but wouldn't lend me ten million, sounds like a con to me.....

**debt_mountain** · 8th November 2006 11:43

Originally Posted by barracad

My bank are happy to lend me a grand, but wouldn't lend me ten million, sounds like a con to me.....

mmmm see your point.

**ldticp** · 8th November 2006 11:50

Not unlike the Halifax icon

current account, I've banked with them for 25 years had no problems untill 5 years ago got into a bit of financial trouble they downgraded my account to a card cash from current and now won`t upgrade it again despite my income topping £1800 per month paid directly into the account. It's a all a big con with banks they are the scum of the earth.

**buzby** · 8th November 2006 12:14

This was covered last week on BBC's Working Lunch (You can still see it on their Website). It was pointed out that the criteria to get this account depended on ancome in excess of £55,000pa (Either as a single or joint income) and that this would stop all but the top 10% of applicants getting it.

Thread: can a bank do this?

Thread Tools

can a bank do this?

Re: can a bank do this?

Re: can a bank do this?

Re: can a bank do this?

Re: can a bank do this?

Re: can a bank do this?

Re: can a bank do this?