Main site > MoneySavingExpert.com Forums > Essential Money > Budgeting & Bank Accounts > Lloyds TSB: When do debits and credits 'show' (Page 1)

IMPORTANT! This is MoneySavingExpert's open forum - anyone can post

Please exercise caution & report any spam, illegal, offensive, racist, libellous post to forumteam@moneysavingexpert.com

  • Be nice to all MoneySavers
  • All the best tips go in the MoneySavingExpert weekly email

    Plus all the new guides, deals & loopholes

  • No spam/referral links
or Login with Facebook
Lloyds TSB: When do debits and credits 'show'
Reply
Views: 847
Thread Tools Search this Thread Display Modes
# 1
piglet39
Old 25-11-2012, 9:30 PM
MoneySaving Stalwart
 
Join Date: Aug 2008
Posts: 301
Default Lloyds TSB: When do debits and credits 'show'

Hi everybody

I have just switched to Lloyds TSB (Standard Classic Account) from Natwest and have a quick question....

With Natwest debits and credits show when I log in over the weekend. For example - if a direct debit or standing order date falls on a Saturday, Sunday or Monday it's reflected in my available balance on a Saturday morning. Conversely if a salary credit is due and the date it's due falls on is a weekend day or Monday it shows on a Saturday morning. This suited me perfectly,

Does anyone know if the situation is the same with Lloyds TSB? I have read through all the t's and c's - nothing is mentioned - also asked an advisor over the phone and she didn't understand what I meant. Hopefully one of you knowledgeable peeps will!

Thank you

Piglet
LBM Nov 07
Challenges: A Payment A Day Challenge 2012 Joined 08.03.12
PADding Total:March £57.65 April £10.10
DFWNerd - 1041-Proud to be dealing with my debts!
Pesky CC March 2012 £2916.73
Debt@March 2012 (inc OD) £5615 DFD self imposed target Feb 2014
piglet39 is offline
Reply With Quote Report Post
# 2
Osarkon
Old 25-11-2012, 9:46 PM
MoneySaving Convert
 
Join Date: Oct 2012
Location: Wales
Posts: 99
Default

I don't believe the situation is the same. I switched to lloyds and they're much the same as HSBC and Barclays in that it won't show.

I think (but happy to be corrected) that natwest are the only bank to do this.

Shame really, as it would be useful to have.
Osarkon is offline
Reply With Quote Report Post
The Following User Says Thank You to Osarkon For This Useful Post: Show me >>
# 3
piglet39
Old 25-11-2012, 10:09 PM
MoneySaving Stalwart
 
Join Date: Aug 2008
Posts: 301
Default

Hi

Thanks for that! So when do credits and debits show? Need to know as I'm due to be paid on Monday 24th December.... at the mo if I keep salary credit with Natwest I can shop for the last few little bits and pieces on Saturday 22nd December. If I transfer salary credit from Natwest to Lloyds immediately then I need to budget an extra £150 from this month's salary credit to cover everything.

Piglet
LBM Nov 07
Challenges: A Payment A Day Challenge 2012 Joined 08.03.12
PADding Total:March £57.65 April £10.10
DFWNerd - 1041-Proud to be dealing with my debts!
Pesky CC March 2012 £2916.73
Debt@March 2012 (inc OD) £5615 DFD self imposed target Feb 2014
piglet39 is offline
Reply With Quote Report Post
# 4
dollydoodah
Old 25-11-2012, 10:11 PM
MoneySaving Stalwart
 
Join Date: Jan 2006
Posts: 715
Default

My wages never show until the day they are due but if I have DD's coming out on a Monday, they will show as being taken on the Sunday...albeit with a Monday date on

dollydoodah is offline
Reply With Quote Report Post
The Following User Says Thank You to dollydoodah For This Useful Post: Show me >>
# 5
Osarkon
Old 25-11-2012, 10:12 PM
MoneySaving Convert
 
Join Date: Oct 2012
Location: Wales
Posts: 99
Default

Normally in my experience they show on the day.

For example, I'm paid this Wednesday. That credit won't show on my account in any shape or form (including pending payments) until Wednesday when the money hits my account.

Hope that helps!
Osarkon is offline
Reply With Quote Report Post
The Following User Says Thank You to Osarkon For This Useful Post: Show me >>
# 6
Miss Havisham
Old 25-11-2012, 11:04 PM
MoneySaving Stalwart
 
Join Date: Jan 2012
Posts: 583
Default

out of interest and apols if you think I'm being too nosey - why did you move from NatWest when you liked this particular "benefit". Were there other over-riding issues that swayed you or an enticement from Lloyds ?

Thanks

Miss H
Miss Havisham is offline
Reply With Quote Report Post
The Following User Says Thank You to Miss Havisham For This Useful Post: Show me >>
# 7
piglet39
Old 25-11-2012, 11:28 PM
MoneySaving Stalwart
 
Join Date: Aug 2008
Posts: 301
Default

Don't apologise! I separated from oh 2 half years ago and have just started divorce proceedings - currently natwest account is joint but he doesn't use it however recent events over last couple of weeks have caused me to feel that he might.... Natwest can't make the account into sole account in my name as there is an overdrawn balance on account (agreed overdraft) and nor will they offer me anything other than a basic account which has restrictions on which cash machines I can use. So - stuck the proverbial pin in the page (avoiding Santander lol) and picked lloyds. I like the idea of their 'saving the pennies' but other than that, given what I'm likely to be crediting the account, nothing to choose between LTSB, HSBC and Barclays.......

Piglet
LBM Nov 07
Challenges: A Payment A Day Challenge 2012 Joined 08.03.12
PADding Total:March £57.65 April £10.10
DFWNerd - 1041-Proud to be dealing with my debts!
Pesky CC March 2012 £2916.73
Debt@March 2012 (inc OD) £5615 DFD self imposed target Feb 2014
piglet39 is offline
Reply With Quote Report Post
The Following User Says Thank You to piglet39 For This Useful Post: Show me >>
# 8
tyllwyd
Old 26-11-2012, 10:08 AM
Fantastically Fervent MoneySaving Super Fan
 
Join Date: Feb 2006
Posts: 5,106
Default

I quite often receive money by BACS transfer into my Lloyds account and I don't remember ever seeing that it is on its way before it shows up as part of my available balance. If I pay in cheques, I think those do show as available before they have cleared.

If the problem is that you need to have access to money on that Saturday, would it be possible to arrange an agreed overdraft on the account?
tyllwyd is offline
Reply With Quote Report Post
The Following User Says Thank You to tyllwyd For This Useful Post: Show me >>
# 9
piglet39
Old 26-11-2012, 12:56 PM
MoneySaving Stalwart
 
Join Date: Aug 2008
Posts: 301
Default

Thank you tyllwyd....

Computer says no! I did ask if that meant there was a CPD marker on the account but was told no there wasn't. Just to run the account within their T's and C's and they would re-assess in 6 months.

However! My employers have confirmed that they are paying staff on 21st December anyway (and not 24th) so panic over.

Piglet
LBM Nov 07
Challenges: A Payment A Day Challenge 2012 Joined 08.03.12
PADding Total:March £57.65 April £10.10
DFWNerd - 1041-Proud to be dealing with my debts!
Pesky CC March 2012 £2916.73
Debt@March 2012 (inc OD) £5615 DFD self imposed target Feb 2014
piglet39 is offline
Reply With Quote Report Post
# 10
YorkshireBoy
Old 26-11-2012, 11:27 PM
Deliciously Dedicated Diehard MoneySaving Devotee
 
Join Date: Nov 2004
Posts: 23,578
Default

Quote:
Originally Posted by Osarkon View Post
I think (but happy to be corrected) that natwest are the only bank to do this.
Not sure if it's still the case, but Yorkshire Bank (and hence Clydesdale Bank?) used to operate the same system.

Credits, SOs, and DDs (and presumably future dated bill payments?) scheduled to arrive/depart on Monday were visible online from 10:30pm Friday, and included in your available balance throughout the weekend.
YorkshireBoy is offline
Reply With Quote Report Post
# 11
scotsio
Old 27-11-2012, 8:00 PM
MoneySaving Convert
 
Join Date: Oct 2010
Posts: 41
Default

Is this the same for HBOS customers too then?
scotsio is offline
Reply With Quote Report Post
Reply

Bookmarks
 
 




Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

 Forum Jump  

Contact Us - MoneySavingExpert.com - Archive - Privacy Statement - Top

Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

All times are GMT. The time now is 5:18 AM.

 Forum Jump  

Free MoneySaving Email

Top deals: Week of 26 November 2014

Get all this & more in MoneySavingExpert's weekly email full of guides, vouchers and Deals

GET THIS FREE WEEKLY EMAIL Full of deals, guides & it's spam free

Latest News & Blogs

Martin's Twitter Feed

profile
  • Is what's app going to be made responsible for all communications on it too? And BT?
  • As someone who runs one of the UKs big social networks (MSE forum) I find the call to monitor every post & PM bizarre & counter legal advice
  • RT @theGeoffMcQ: I follow some City fans who like to use extra letters when they're happy... Hi! @AllyFogg @MartinSLewis @HelenHobday http:?

Cheap Travel Money

Find the best online rate for holiday cash with MSE's TravelMoneyMax.

Find the best online rate for your holiday cash with MoneySavingExpert's TravelMoneyMax.

MSE's Twitter Feed

profile
Always remember anyone can post on the MSE forums, so it can be very different from our opinion.
We use Skimlinks and other affiliated links in some of our boards, for some of our users.