Post-Christmas bonus from Abbey

Abbey offers £100 bonus to new account customers

Thursday 20 November 2008

By Becca Talbot becca.talbot@consumerchoices.co.uk

Switch to Abbey’s ‘limited edition’ current account before December 15 and get a £100 post-Christmas bonus.

Abbey (www.abbey.com) is offering a limited £100 bonus to all new customers who use the bank’s account transfer service to move their salary and direct debits to a new current account. But switchers must make at least three monthly credits of £1,000 within the first six months of opening the account.

The £100 bonus will be paid straight into the account no later than 60 days after the third credit.

Abbey’s current account has an overdraft interest rate of 12.9%, and an in-credit interest rate of 0.1%. However the overdraft rate is subject to a minimum credit turnover of £1,000. This means if you put less than a £1,000 in a month, the rate will revert to the standard 19.9%.

Steve Shore, Abbey’s director of banking, said: “This offer is available for a limited time in the run up to Christmas. All someone has to do is call our switcher team and they’ll do the work - including moving your salary and direct debits.”

The new £100 limited edition account, which is available until December 15, joins the range of Abbey’s current accounts already available, including its in-credit rate account, the overdraft rate account, and its new Travel and Family reward accounts.

Chris Eagle, commercial manager at CreditChoices.co.uk said: “A £100 post-Christmas bonus is a great little treat for anyone looking to switch their current account.”

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