Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • HUMBUG
    • By HUMBUG 4th Dec 17, 1:07 AM
    • 136Posts
    • 27Thanks
    HUMBUG
    Lloyds Bank -Underpaid Cash ISA interest 2011/12
    • #1
    • 4th Dec 17, 1:07 AM
    Lloyds Bank -Underpaid Cash ISA interest 2011/12 4th Dec 17 at 1:07 AM
    Thought I'd mention this as I received a letter out of the blue from Lloyds Bank relating to an old '2 Year fixed cash ISA' I had with them back in 2010/12 (yes, over 5 years ago). This was transferred to another provider after maturity in 2012 and I thought nothing (foolhardy) about checking the interest that they should have added to my account prior to the transfer. Apparently they underpaid interest amounting to over £100 at the time and have now sent me a cheque + 8% interest (as compensation). If any other savers had similar cash ISA's with Lloyds at this time , I would seriously think about checking the gross interest (if you still have your old statements) that was due to you , especially if you transferred it to another provider on maturity. I suppose I am lucky that Lloyds Bank have come clean on this issue even after a 5 year delay but this happened to me before under Halifax too. There must be something wrong with the algorithms they program in their accounting systems.
Page 1
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

973Posts Today

6,280Users online

Martin's Twitter
  • RT @SF_England: @MartinSLewis Thanks Martin, just so everyone is aware- check your payslips between when you graduated and the following Ap?

  • Sorry to bubble burst. But each day a lot of people tweet me this. I think it doesn't show any other votes until t? https://t.co/uRny62NRc1

  • Today's Twitter poll: I want to find out are people generally happy. So how happy are you today? PS I did the same? https://t.co/3Gw9ylu2H2

  • Follow Martin