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Changing current account

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libby1980 | 12:35 Mon 11th Sep 2006 | Business & Finance
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I would like to move from HSBC, but have an overdraft and a loan with them too. Is it possible to move current account and keep loan at same rates? Any advice on current accounts which offer good overdrafts?
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switch to Alliance and Leicester, all managed on internet including payment of bills, direct debits etc.
12 month free overdraft and if you mention that I referred you we get �50 each!!!!
I presume you just carry on paying your loan, you are not tied to having a HSBC account, direct debit it from your new account.
Interest on A&L current account is over 6%, best rate out there! every little helps!
I used to have a HSBC personal loan and when I tried to switch my current account I was told I couldn't close the HSBC account until the loan was repaid!

I had to keep it open and pay in some money each month to cover the loan payment.....bit of a pain!

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