AA fixed 1 year 4.55% savings

alan_lovedog

anyone care to comment on that? - seems almost as good as it gets yet it's not mentioned on the best deals section.

Coolfonz

birmingham midshires no?

opinions4u

Coolfonz wrote: »

birmingham midshires no?

In disguise, and from a FSCS point of view, yes.

LesU

Just be aware that any holdings in B.Midshires, IF, & HBOS must be added in when considering the FSCS protection.

soulsaver

LesU wrote: »

Just be aware that any holdings in B.Midshires, IF, & HBOS must be added in when considering the FSCS protection.

B.Mids, IF, AA, SAGA, Halifax & Bank of Scotland... are HBoS £50k (100k joint a/c) between them. Lloyds seperate...for now.

withnell

soulsaver wrote: »

Lloyds seperate...for now.

They announced that when Lloyds banking group is formed, Lloyds will retain its 5 authorisations, and the Bank of Scotland authorisation will also be kept

soulsaver

withnell wrote: »

They announced that when Lloyds banking group is formed, Lloyds will retain its 5 authorisations, and the Bank of Scotland authorisation will also be kept

Not sure what you mean by the Bank of Scotland bit.. it isn't seperately licensed from Halifax now/prior to the Lloyds takeover. And Lloyds has only 2 deposit taking brands (C&G) which are under the same licence.

withnell

HBOS businesses all work under the BoS Banking license.

Lloyds have 5:

Lloyds TSB
Lloyds TSB Scotland
Scottish Widows
Private banking
AMC bank

soulsaver

withnell wrote: »

HBOS businesses all work under the BoS Banking license.

Lloyds have 5:

Lloyds TSB
Lloyds TSB Scotland
Scottish Widows
Private banking
AMC bank

Doesn't have C&G then?
What are the implications for Lloyds depositors guarantees then?

withnell

soulsaver wrote: »

Doesn't have C&G then?
What are the implications for Lloyds depositors guarantees then?

C&G are under the Lloyds TSB license, so 50k cover for money in C&G and Lloyds TSB combined

soulsaver

withnell wrote: »

C&G are under the Lloyds TSB license, so 50k cover for money in C&G and Lloyds TSB combined

That is what I said.
Do you get £50k depositor protection (which what was being talked about) in each of 5 you listed? Or maybe they don't all take deposits...