2009 Lloyds TSB ISA

ffacoffipawb

Comfortably_Numb wrote: »

Must be down to who you get. I was told straight away I could take up the offer, and was sent the letter a couple of days later. It wasn't questioned at all.

I keep getting refused. I will therefore be removing my £50,000 plus the £3,000 interest shortly. Back to the Yorkshire BS e-ISA from whence it came I guess.

It will be paying more than double Lloyds' insulting variable rate.

SalsaDanca

I phoned the 0800 number today and asked for the letter, but was refused. The guy I spoke to said that the invitation-only offer was now closed, but that I should phone back on Monday as they are launching a new ISA offer. Has anyone else heard of this?

ffacoffipawb

SalsaDanca wrote: »

I phoned the 0800 number today and asked for the letter, but was refused. The guy I spoke to said that the invitation-only offer was now closed, but that I should phone back on Monday as they are launching a new ISA offer. Has anyone else heard of this?

No, but it will probably be

Geoffo_M

SalsaDanca wrote: »

I phoned the 0800 number today and asked for the letter, but was refused. The guy I spoke to said that the invitation-only offer was now closed, but that I should phone back on Monday as they are launching a new ISA offer. Has anyone else heard of this?

Yes, I was told they will be bringing some new rates out on the 16th - but I have to agree with ffacoffipawb's comment

ffacoffipawb

Geoffo_M wrote: »

Yes, I was told they will be bringing some new rates out on the 16th - but I have to agree with ffacoffipawb's comment

With the fixed rate ending on 1 April (very appropriate) I guess I should start the wheels in motion to transfer to YBS's e-ISA some time in the next week or so, so as not to languish on these crappy rates which are due to be rduced by 0.5% following the fall in the base rate to 1% ...

Cash ISA rates

Cash ISA

Amount InvestedAER/Tax-free (per annum)
£21,000+ 1.50
£15,000+ 1.40
£9,000+ 1.25
£3,000+ 1.10
£10+ 1.00

Standard Life Bank's 3% looks very good compared with this [EMAIL="sh@t"]crap[/EMAIL].

burnoutbabe

I just realised, i got a letter 2 weeks ago saying i could apply but had to be by 9th Feb

However, it does say "your account matures on 31st march" and i definatly did not have my first transfer until 28th April (and the bulk 23rd may)

so should i be waiting for a 2nd letter that corrects this error in the date? or am i too late now for the offer.

pdx123

"I just realised, i got a letter 2 weeks ago saying i could apply but had to be by 9th Feb

However, it does say "your account matures on 31st march" and i definatly did not have my first transfer until 28th April (and the bulk 23rd may)

so should i be waiting for a 2nd letter that corrects this error in the date? or am i too late now for the offer."

Lloyds TSB have extended to date for applications from the 9th Feb, to the 14th Feb....if I were you I'd go into your local branch and sign up ASAP.

I went into my branch a few days ago to pay in a cheque. When they accessed my account, it was flagged and they ask me to see their IFA. I thought great...they'll offer me the new FRISA....saw him yesterday and despite his best efforts I failed to get it. Lloyds TSB have used certain criteria to decide who does and who doesn't get the letter. Where people have complained that their spouses have had the offer and they havn't, Lloyds have usually relented. I reckon the next FRISA will be offered from 16th Feb. offering a maximum interest rate of 3.25%!

Geoffo_M

pdx123 wrote: »

I reckon the next FRISA will be offered from 16th Feb. offering a maximum interest rate of 3.25%!

Do you reckon it will be this good? I think I would be happy with 3.25%

Geoffo_M

Well today's the day I was told that the rest of us would be offered mouth-watering FRISA's to follow on from the 6.5% offer. I'm not holding my breath though

pdx123

Geoffo M wrote
Well today's the day I was told that the rest of us would be offered mouth-watering FRISA's to follow on from the 6.5% offer. I'm not holding my breath though

You didn't look very far then here it is off the Lloyds Tsb website today, sorry I was 0.05% out!

Fixed Rate Cash ISA

For a limited time, you can open a Fixed Rate Cash ISA to help you make the most of your tax-free allowance. Open your account in just a few clicks, all you need is your national insurance number.

• Fixed tiered interest rates. Earn 1.50% AER/Tax Free from £3000, and up to 3.20% AER/Tax free on balances of £30,000 or more. View interest rates and summary box
• Minimum opening deposit £3000
• Interest rate fixed for 12 months from account opening, guaranteed at all tiers, on the condition you don’t make any withdrawals. Any withdrawal within the 12 month fixed period will mean the loss of 90 days’ interest on the amount withdrawn.
• Interest paid on maturity, 12 months after account opening.
• Transfer balances from other ISAs when you open your account,
• At the end of the fixed term the account becomes a Variable Cash ISA.

Full details about this account