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Lloyds regular savings accounts

Just over 2 years ago Lloyds TSB made new 'regular savers' accounts available to existing customers, with an interest rate fixed for 2 years at 8%. On the 2nd anniversary the accounts are "redesignated" as 'Easysaver' accounts and the interest rate from then on is 3%.

Anyone who opened such an account should check when the second anniversary is. It's possible at present to get more than double the 'Easysaver' rate, so don't let LTSB catch you napping!

Comments

  • lpgm
    lpgm Posts: 359 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Yes, a timely reminder.

    Mine's just matured, the money's on its way out of Lloyds, and I'm sitting in front of my letter asking to close the account.
  • Baldur
    Baldur Posts: 6,565 Forumite
    More importantly, remember to cancel the open-ended Standing Order which was usually set up to feed funds into the Monthly Saver account.
  • echo
    echo Posts: 1,728 Forumite
    my monthly saver finished in August and i transferred it to an internet account till i decided what to do with it.i didn't know owt abt having to cancel the SO but as soon as i noticed the next month i rang up and cancelled
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