Lloyds Classic Account but no cheque book.

NoOneReally

Hi,
I have opened a Lloyds Classic account, got the Debit card and also the Internet savings account, but got a letter today saying that they could not issue a cheque book at the moment but would regularly review the account and I might be eligible in the future, but do I really need one as I have one on my A&L account and rarely use it !, but I will be putting £50,000 into Lloyds soon so I don't know if that will up my chances of getting one.

NoOneReally

just_ask wrote: »

How can we tell you if you need a chequebook or not?

Hi,
Okay that was badly worded, what I mean't was in this day and age do you really need a cheque book or is a Debit/Cash card fine.

Baldur

NoOneReally wrote: »

....in this day and age do you really need a cheque book or is a Debit/Cash card fine.

The only time that I write a cheque these days is when opening savings accounts/ISAs which require initial payment by cheque. In such cases, it is usually stated that they require a personal cheque as part of their identity checks.

ShelfStacker_3

£50,000? You realise that some places would give you far more than a basic current account if you invested that with them, right?

NoOneReally

ShelfStacker wrote: »

£50,000? You realise that some places would give you far more than a basic current account if you invested that with them, right?

Hi,
The £50,000 was going into the Internet savings account which pays 5%, the classic account was just a means to get it to and from there, as I already hold a A&L account with a cheque book.

And no reasons given other than just at the moment, but that could change if I got regular credits going in, or this lump sum in the savings account.

sutton111

Try another bank and advise them that you will be paying 50k in and see what they say. HSBC seem to be good at not losing money. ask them!

richard9991

i opened a classic account and said i dont want a cheque book but lloyds in branch said the classic account comes with cheque book just put it in a draw are you sure it is not a basic account as you dont get cheque book and are limited to lloyds cash machines and post office for cash withdrawls ie no link services

ShelfStacker_3

NoOneReally wrote: »

Hi,
The £50,000 was going into the Internet savings account which pays 5%, the classic account was just a means to get it to and from there, as I already hold a A&L account with a cheque book.

And no reasons given other than just at the moment, but that could change if I got regular credits going in, or this lump sum in the savings account.

As sutton111 suggests, £50,000 saved with HSBC would entitle you to their Premier service, a form of private banking. You get a relationship manager who can authorise lending for you and deal with queries about your account, who you can ring directly if you have any problems.

Sure it still sounds good?

NoOneReally

richard9991 wrote: »

i opened a classic account and said i dont want a cheque book but lloyds in branch said the classic account comes with cheque book just put it in a draw are you sure it is not a basic account as you dont get cheque book and are limited to lloyds cash machines and post office for cash withdrawls ie no link services

Hi, No its Classic, said it on the letter and on internet banking, can be used in Link machines etc, letter just said we can issue a cheque book in the future, just not now.

richard9991

NoOneReally wrote: »

Hi, No its Classic, said it on the letter and on internet banking, can be used in Link machines etc, letter just said we can issue a cheque book in the future, just not now.

I



I find the plus with lloyds over A&L is lloyds internet banking is far supirior also that bacs payments are usually available to withdraw around 11 pm the day before ie due thursday in 11pm wednesday night. Also there Save the change when you use visa debit card.