2009 Lloyds TSB ISA

Richchad

whu wrote: »

Still waiting for the letters for both my wife and myself although my wife did get the earlybird offer and sent the form back - which fax no did you use?

The fax number is for the Birmingham Cash ISAs address 0845 070 1190
Which is where the new applications are sent, I did say if not correct would they forward to the right department.

Dawes_2

I don't work for Lloyds but they have offered me the 3.75% and have the correct set up day of 7-4-08. So they do get it right with some people. Just be grateful we all got the 6.5% and transfer your money elsewhere in March. Too much whinging going on here. I'm sure the rates will creep up to 4%ish in with the competition for business. :j

Richchad

Dawes wrote: »

Too much whinging going on here. I'm sure the rates will creep up to 4%ish in with the competition for business. :j

I think you might be whinging if they hadn't got yours right...:rolleyes:

As for rates going up, who knows but seems sensible to take the 3.75% while the going is good, after all another cut tomorrow seems likely.

h5djr

I have also received this morning the "Your Lloyds TSB Fixed Rate Cash ISA - when it will mature" letter. I decided to telephone the 0800 015 0060 number to see if I could be included in the 'Early Bird' offer and was told that it was only a trial offer to certain customers and if I had not received the letter then I could not participate.

However the young lady did say this was 'test of the market' trial and there would almost certainly be further offers open to all existing customers, probably with a better rate of interest than the 'Early Bird' offer.

She suggested phoni the 0800 015 0060 number every once in a while between now and the date that my FRISA matures to check what offers were available. If there was an offer I wanted to take up the transfer between accounts would be instant.

Somerset

h5djr wrote: »

I have also received this morning the "Your Lloyds TSB Fixed Rate Cash ISA - when it will mature" letter. I decided to telephone the 0800 015 0060 number to see if I could be included in the 'Early Bird' offer and was told that it was only a trial offer to certain customers and if I had not received the letter then I could not participate.

However the young lady did say this was 'test of the market' trial and there would almost certainly be further offers open to all existing customers, probably with a better rate of interest than the 'Early Bird' offer.

She suggested phoni the 0800 015 0060 number every once in a while between now and the date that my FRISA matures to check what offers were available. If there was an offer I wanted to take up the transfer between accounts would be instant.

I received my maturity letter today as well. I phoned yesterday evening to ask why I hadn't had the offer - and was told they'd send the letter/offer out ! ( I don't believe them ).

I also don't believe the further/better offers spiel. I've had two call-backs due on this subject and I'm still waiting. CS (on phone) said they'd had loads of people asking why they didn't have the offer and they (CS) didn't know the answer. I actually asked this in my branch and again, he said they'd had loads of customers ask this and couldn't answer - he went away to 'someone' and said I'd get an equivilant or better fixed rate offer 30 days before maturity. Well I've had my letter and it's offering variable rate only and a waiver of the interest penalty if I want to withdraw early ... so basically a 's*d off letter'.

Can't see them offering anything better fixed rate wise (if they offer anything at all) with the impending BoE rate cut !

Why I'm really pi**ed off with Lloyds, is if they offered 'rubbish' or 'good' to everyone that would be fair enough. But to offer to some but not others has really hacked me off.

whu

Baldur wrote: »

I rang the alternative geographical number this evening and adopted an assertive tone when I initially received an initial 'selected customers only' response and, after being put on hold for a couple of minutes, was put through to a CS agent who said, "Ah, the 'Early Bird' offer", took a few details and agreed to send the letter to me.

I have spoken to Lloyds and been told that the date for returning the early bird offer has been extended to 20 Feb - this should allow plenty of time for those who receive the letter in the next few days to return it in time(I asked for it on tuesday) - 9 Feb would have been a bit tight- can people let each other know if they get the letter having requested it

OWT_FOR_NOWT

I got a letter from lloyds tsb today informing me that my fixed rate isa (6.5%) is due to mature on 14/05/2009. It also informed me that if I would like to take my money out before the maturity date then they would not apply the 90 day interest penalty,which makes me think that they would like me to take it out YES Or No?

I opened the a/c with £33k on 14/05/2008 so am I better off waiting until its maturity or withdrawing it now and fixing it for a year at 3.5% with Northern Rock? Any advice would be very much appreciated.

Gambler

Gambler wrote: »

I'm seriously thinking about closing my ISA when it matures and putting the money in my offset account.

3.5% against 5.29% is a difference of £900 over the year for me.

Any thoughts?

I still can't decide what to do

boobbby

I have also recieved the same letter for about the same amount as OWT_FOR_NOWT but with a maturity date of 25/3/2009 which was the actual date in 2008 they cleared the amount into my account. I also received another letter to say that as they had my cheque from my previous provider a couple of weeks before they paid it into my account that they had added £53 extra interest. Looks like I will get my full 12 months at 6.5% plus interest for the period they recieved my cheque and before they cleared it into my account. I have not been offered any other fixed or variable rate deals.

pdx123

I've been following this thread with great interest as I have a considerable amount of money, accumulated from both ISA's and Tessa's, in the 6.5% fixed rate ISA!

I had a letter from Lloyds TSB today and here's an extract from it:

"Your fixed rate Cash Isa will mature on 06/05/2009, which is the anniversary of the date that your first deposit was made into your account.
You don't need to do anything, as you'll continue to earn interest at the rate of your Fixed Rate Cash ISA until it matures in to the variable rate Cash ISA, according to your terms and conditions.

If you would like to take your money out of your Fixed Rate Cash ISA before your new maturity date,We won't apply the 90 day interest penalty. Thank you for saving with us.

Ha, Ha, I loved the last paragraph....How very kind of them......no other offers though...I'll have to have a good look around when it matures, but one things for sure, I won't get anything like the 6.5%!