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Lloyds 6.5% Cash ISA - Will Close on Friday 11 April

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nordberg
nordberg Posts: 333 Forumite
in ISAs & tax-free savings
When I was opening my ISA today, the guy I was seeing showed me a memo from Lloyds head office. The new 6.5% cash ISA will definitely be withdrawn from sale on Friday.

Act now if you want it!!!!
«1345

Comments

  • Martinslovechild
    Martinslovechild Posts: 1,560 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Bear in mind that the 6.5% rate is only payable on balances of £9,000 or above (i.e. 3 years' worth of ISA deposits).

    For balances below £9,000, the Lloyds ISA is uncompetitive.
    Mortgage Feb 2001 - £129,000
    Mortgage July 2007 - £0
    Original Mortgage Termination Date - Nov 2018
    Mortgage Interest saved - £63790.60
    ISA Profit since Jan 1st 2015 - 98.2% (updated 1 Dec 2020)
  • nordberg
    nordberg Posts: 333 Forumite
    Yes this has been pointed out numerous times in the other thread.

    Providing you are looking to transfer in and have over £9K, this seems pretty much the market leader for cash ISAs.
  • JoeA81
    JoeA81 Posts: 266 Forumite
    Does this mean if I go in on friday it will be too late, or are they allowing you to still apply until close of play on friday?
    Don't pay off your student loan quicker than you have to.
  • fraser
    fraser Posts: 277 Forumite
    thanks just opened one in 2 mins as I am an lloyds existing customer
  • nordberg
    nordberg Posts: 333 Forumite
    JoeA81 wrote: »
    Does this mean if I go in on friday it will be too late, or are they allowing you to still apply until close of play on friday?

    They said close of play but there seems to be other rumours flying around. I guess it would be prudent to do it ASAP.
  • JoeA81
    JoeA81 Posts: 266 Forumite
    If I go down their now with photocard driving licence, and sort code and account number of my current ISA is that everything I need? I am running out the door!
    Don't pay off your student loan quicker than you have to.
  • nordberg
    nordberg Posts: 333 Forumite
    Do you hold a LLoyds account already? If so then yes, if not then I would take a utility bill also.
  • fraser
    fraser Posts: 277 Forumite
    ni number too
  • JoeA81
    JoeA81 Posts: 266 Forumite
    Got NI number, but no untility bill as am at work. Im not a Lloyds member currently, so will have to chance it, ah well. If they close at five Im sunk anyway!!
    Don't pay off your student loan quicker than you have to.
  • fraser
    fraser Posts: 277 Forumite
    not do it online via internet banking?

    edit sorry i thought you said you were a lloyds account holder
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