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Lloyds FRISA 6.5% Start Date disputes thread

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Comments

  • bloaty
    bloaty Posts: 757 Forumite
    humfer wrote: »
    Had a letter the other week stating that my ISA will mature on the 3rd March which is a year after the first deposit was received and not the 9th February which was when the account was opened

    Just had my statement today which calculates interest up to the 9th February. Just phoned them up to check that I assume their system hasn't caught up with the new maturity date and sort of got a yes, but not completely confident. I assume that come the 3rd March some more interest (at 6.5%) will be added?

    That's interesting!

    I had a letter in Jan stating "I'm writing to you because your FRCISA will automatically mature into our variable rate cash ISA on 11 April 2009. We'll add the interest into your account on this date and send your statement within 30 days". A second letter was received in Feb as follows "Your FRCISA will mature on 2 May 09, which is the anniversary of the date that your first deposit was made into your account".

    So what should I make of this?

    Any advice would be appreciated.

    Thank you.
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  • Baldur
    Baldur Posts: 6,565 Forumite
    bloaty wrote: »
    So what should I make of this?
    See my reply to you - http://forums.moneysavingexpert.com/showthread.html?p=20398651&posted=1#post20398651
  • bloaty
    bloaty Posts: 757 Forumite
    Baldur wrote: »

    Thank you.

    I have to do a search to find these threads as so many posts go on in such a short space of time they are not current for long, so thank you for your kind reminder.

    Still trying to get my head round some of this, LOL.
    We seek a world in which everyone with HIV/AIDS can live an abundant life
    Want to join us?
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