2009 Lloyds TSB ISA

Richchad

wearside wrote: »

Both my wife and i have received our confirmation letters today for the new FRISA. The letter states:

Thank you for applying for the new Lloyds Fixed Rate Cash ISA.

We've processed your application and will transfer your total balance from your existing Cash ISA to your new Fixed Rate Cash ISA on your maturity date. Please see the original letter we sent you for your account maturity date.

If your old Fixed Rate Cash ISA matures in February 2009, or you originally had a variable rate Cash ISA, we'll transfer your balance on 1 March 2009.

Thanks for saving with us.

This is obviously good news as we are now locked in to a decent rate of interest for the next year. However, the letter throws up a question! It states please see the original letter we sent you for your account maturity date.

The original letter dated January 2009 stated your FRISA matured on 3 March 2009. A second letter dated February 2009 stated your FRISA matures on 7 April 2009, which is the first anniversary of the date that your first deposit was made into your account.

I cannot understand why Lloyds cannot get their act together and actually produce a letter that gives the correct information in a clear and concise manner. I will now have to contact Lloyds to see which letter they are talking about.:mad:

Yes both my wife and I have received our letters with the same wording, perhaps you can let us all know what your reply from Lloyds is about which letter.

wearside_2

Richchad wrote: »

Yes both my wife and I have received our letters with the same wording, perhaps you can let us all know what your reply from Lloyds is about which letter.

This reply from Lloyds is to confirm that following us dropping off our acceptance letters for the better:rolleyes: rate FRISA for 2009/10 for existing FRISA Account Holders, they have opened both of our FRISA Accounts.

Sorry for any confusion that may have arisen:embarasse

Richchad

wearside wrote: »

This reply from Lloyds is to confirm that following us dropping off our acceptance letters for the better:rolleyes: rate FRISA for 2009/10 for existing FRISA Account Holders, they have opened both of our FRISA Accounts.

Sorry for any confusion that may have arisen:embarasse

No confusion, unless I caused it.. lol

Just wanted to know what they say about which letter refers to the maturity date, suspect it would be the second letter we all received showing the anniversary of first deposit.

whu

Richchad wrote: »

No confusion, unless I caused it.. lol

Just wanted to know what they say about which letter refers to the maturity date, suspect it would be the second letter we all received showing the anniversary of first deposit.

I am sure you are right although it is not clear givn the reference to the original letter- my wife has got all the letters (I am waiting for the confirmation letter to say that my early bird FRISA will be processed) and as I read it the start date of the new ISA will be the anniversary of the first deposit as set out in the second letter

wearside_2

Richchad wrote: »

No confusion, unless I caused it.. lol

Just wanted to know what they say about which letter refers to the maturity date, suspect it would be the second letter we all received showing the anniversary of first deposit.

I too suspect that it is the SECOND letter that refers to the maturity date, as this is date that funds went into the account. However as I stated, the letter I received today refers to the ORIGINAL letter which refers to the date the account was opened.

When I was at school, something described as original was the first one, not the second or follow up one.

Hence my comments in my first post this morning!

sheslookinhot

Will you be able to transfer to the new FRISA (early bird or late bird) online ?

Thanks

wearside_2

sheslookinhot wrote: »

Will you be able to transfer to the new FRISA (early bird or late bird) online ?

Thanks

The FRISA account cannot be run online. Last year my wife and I went in with a cheque and completed a normal paying in slip :j

h5djr

wearside wrote: »

The FRISA account cannot be run online. Last year my wife and I went in with a cheque and completed a normal paying in slip :j

When I log on to my Lloyds I can see my FRISA and I can get a Statement, Transfer Existing ISA and make a Transfer of monies to other Lloyds accounts.

Comfortably_Numb

wearside wrote: »

The FRISA account cannot be run online. Last year my wife and I went in with a cheque and completed a normal paying in slip :j

I transferred last years amount into the account online.

roddydogs

The online details only show the original amount invested, not any interest,,,,so not much use really!