We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Best Current Accounts Discussion Area

Options
Former_MSE_Dan
Former_MSE_Dan Posts: 1,593 Forumite
1,000 Posts Combo Breaker
edited 14 June 2010 at 5:37PM in Budgeting & bank accounts

This discussion relates to the updated Best Current Accounts Article.

Click reply to discuss.
Former MSE team member
«134567…29

Comments

  • pinkfluffybabe
    pinkfluffybabe Posts: 2,989 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Academoney Grad
    Am glad to see the LTSB Classic Plus is still a good buy! I moved there last July after a disasterous year with the Halifax. They have been very good so far.

    Christine
    Not buying unnecessary toiletries 2024 26/53 UU, 25 IN
  • gingerdad
    gingerdad Posts: 1,920 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'm with A&L, the account is fine customer service is questionable. coming to the end of my 12 month 0% so may move to Nationwide as will still be using the overdraft most months.

    GD
    The futures bright the future is Ginger
  • JoSchmo
    JoSchmo Posts: 1 Newbie
    I've been turned down for both the Premier Plus and Premier accounts since reading the article

    I've been with HSBC for about 5 years - have £1400 overdraft, £400 on a credit card and a £9,000 professional studies loan. My wages are about £1300 a month.

    But I've just moved house this weekend and haven't been at an address prior to this for longer than 6 months - at some addresses I wasn't on the electoral roll as I was staying with friends - does anyone know if this is why I've been turned down?

    Also if there's anything I can do to get them to reconsider?

    (Hope this is the right place to post this by the way!)
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Martin(article) wrote:
    The policy offered is an annual multi-trip policy for an individual. It can be upgraded for a couple or family for an additional £48
    This is true. However, for joint accounts both account holders get free insuranse. And minimum pay-in is still the same £1000 for joint account.
  • plymouth_janner_boy
    plymouth_janner_boy Posts: 149 Forumite
    pinkfluffybabe wrote:
    Am glad to see the LTSB Classic Plus is still a good buy! I moved there last July after a disasterous year with the Halifax. They have been very good so far.

    Christine

    I'm thinking of swapping from my hsbc graduate account to the lloydstsb current account for both the 4% interest rate and the £50 incentive. Would you advise this? I know Martin hates HSBC!

    Can my partner (who lives with me) open an account as well and recieve £50?
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    plymouth_janner_boy wrote:
    I'm thinking of swapping from my hsbc graduate account to the lloydstsb current account for both the 4% interest rate and the £50 incentive. Would you advise this? I know Martin hates HSBC!

    Can my partner (who lives with me) open an account as well and recieve £50?
    You do not need to swap. Just apply for a new account. However, if you want 4% you must
    "agree to pay in a minimum of £2,000 a month (if you agree to pay in a minimum of £1,000 a month you will still earn 3.75% AER* / 3.69% Gross*)".

    If you recommend your partner after opening your account both of you will get £50, i.e. you will get another £50!
  • semi_artificial
    semi_artificial Posts: 52 Forumite
    Re: the HSB £50, for how long do you have to pay in £1000?
    Could you just pay in a couple of months and then stop once you get your £50.
    Couldn't spot anything about this in the online details.
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    semi_artificial wrote:
    Re: the HSB £50, for how long do you have to pay in £1000?
    Could you just pay in a couple of months and then stop once you get your £50.
    Couldn't spot anything about this in the online details.

    'Recommend a friend - and get £50 yourself
    Tell a friend/ family member just how good banking with Lloyds TSB is and you could both be £50 better off.
    If they open a Classic, Plus, Premier, Added Value, Under 19 or Graduate current account and set up a regular credit of £500 or more per month within 2 months of opening the account, we'll pay £50 within 31 days into their new account once their first credit is received, to say welcome.
    We'll then pay £50 into your account to say thank you.'

    The only question is how they know that the credit is regular after receiving just one payment. :confused: I am still waiting when 31 days pass for our 2x£50...
  • robthomas_2
    robthomas_2 Posts: 10 Forumite
    any thoughts on this ethical internet account?
    they offer free travel and breakdown for £6/month, and seem to have possibility of increasing o/drafts.
    i'd like to move out of hsbc territory.
    thanks
  • robthomas_2
    robthomas_2 Posts: 10 Forumite
    sorry, i'm investigated the co-op's Smile account.
    thanks!
    rob
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.7K Work, Benefits & Business
  • 598.6K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture