Thread: Unauthorised APR and Authorised APR?

Hi can anyone tell me what the unauthorised and authorised APR rates are for A&L Current Accounts?

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Tamadus

The unauthorised and authorised rates are the same, the specific rate to use varies depending on the type of account you have whether current, flexi-plan, keyway etc..

In the case of a current account these are the monthly & EAR rates for Alliance & Leicester from the time they took over Giro Bank till present.

UNAUTH/AUTH overdraft INTEREST RATES APPLIED VALUE EAR

MONTHLY INTEREST RATE (NOV 1989 - AUG 1990) 2.00% 26.75%
MONTHLY INTEREST RATE (SEP 1990 - JUL 1991) 2.50% 34.50%
MONTHLY INTEREST RATE (AUG 1991 - MAY 1993) 2.30% 31.30%
MONTHLY INTEREST RATE (JUN 1993 - SEP 2001) 2.20% 29.80%
MONTHLY INTEREST RATE (OCT 2001 - NOV 2002) 0.99% 12.50% MONTHLY INTEREST RATE (DEC 2002 -DEC 2004) 1.25% 16.08%
MONTHLY INTEREST RATE (JAN 2005 - FEB 2007) 1.33% 17.08%

I hope this helps

Thanks sancho,

got it now, but thanks anyway.