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lloyds/tsb 6% account

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Comments

  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Dagobert wrote: »
    I was told in the branch to-day that I could not Plus Plus my Classic Plus account.

    I then downgraded the account to Classic to upgrade it to Classic Plus on Monday. Hopefully this will work!
    Possibly because it does not start until 9th June.
  • thumshie
    thumshie Posts: 631 Forumite
    on the site now:
    http://www.lloydstsb.com/current_accounts.asp

    2% bonus for 12 months taking it to 6% to those that open a plus account.. maybe the downgrade/upgrade approach will work.. Will wait for Dagobert feedback on that..
  • Dagobert
    Dagobert Posts: 1,625 Forumite
    The offer is available till 13th July.

    I will probably wait a couple weeks before upgrading. Will report back how it went.
    Dagobert
  • tipsychick
    tipsychick Posts: 615 Forumite
    Part of the Furniture Combo Breaker
    I spoke to PhoneBank this morning and after going off to check, the CSA said that all existing Classic Plus customers will receive the 6% rate automatically.

    I've noted her name, etc. but wondered if anyone else had had the same advice?
  • quinlanmd
    quinlanmd Posts: 92 Forumite
    I would phone them again tipsychick and get something in writing.

    I have a Classic Plus account and have just looked up the terms online and they clearly state:
    "Existing customers - You will need to ask for the higher interest rate. You will not receive this automatically. "

    http://www.lloydstsb.com/current_accounts.asp?link=top_navigation

    I'm going to call later when hopefully they will have dealt with a few similar queries and CSAs will know what they are supposed to be doing to ensure the 6% rate is applied.
    Up Tipp!
  • sloughflint
    sloughflint Posts: 2,345 Forumite
    Let us know how you got on quinlanmd.
  • Just done it on the phone, no problems.

    Just explained to the first lady that I had a Classic Plus account, heard the new rate, wondered if I had to close my accounts and reapply to get it. She then spoke to her supervisor who had had many a similar call today. They then put me through to another department who sorted all out with no fuss. You just need all your details to hand, including security info.

    Must say very impressed.

    However, do not make the mistake of letting them ask you about home insurance.... unless you have an hour to spare!!!

    Just letting people know though, this will not be applied automatically!! You need to ring and request it!
  • whu
    whu Posts: 23,461 Forumite
    10,000 Posts Combo Breaker
    just went into branch and signed a form and they said the rate will change straightaway (already had a classic plus account) - no hassle
    Keep the Faith:cool:
  • kanchhelskis
    kanchhelskis Posts: 425 Forumite
    What If You Have Got A Classic Account, If I Went Into The Branch Would They Let Me Upgrade, Do You Have To Pay A Monthly Fee On This Account?
  • taless
    taless Posts: 244 Forumite
    What If You Have Got A Classic Account, If I Went Into The Branch Would They Let Me Upgrade, Do You Have To Pay A Monthly Fee On This Account?

    No there is no fee for this Classic Plus account. All you need to qualify for the 6% is by paying in at least £1000 per month.

    You don't have to go to the branch to upgrade, you can go to Online Banking, click on the Upgrade link next to your account. Make sure you chose Classic Plus and not others like Select or Platinum which are fee paying accounts!
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