LLoyds TSB Vantage loophole

Dagobert

yes

How long does it take for existing customers to open a Vantage account if applying

1. over the phone?
2. online?

I mean: how long does it take to get an account number so you can transfer in?

sloughflint

Dagobert wrote: »

How long does it take for existing customers to open a Vantage account if applying

1. over the phone?
2. online?

I mean: how long does it take to get an account number so you can transfer in?

phone: account number given immediately. Shows up online either the next day or the day after. Can't quite remember but very quick.

Dagobert

yes

Has anyone opened multiple accounts online?

ozzage

I had one already, and I opened my second online. Had to call for the Vantage "upgrade" though

Dagobert

yes

(0800) 015 4000 is the account application line.

I just opened one account. The system wouldn't allow opening a second account on the same day.

You are assigned an account number straight away. The new account should be activated and appear online on the following day. The system updates at/after 10pm.

at1cadmen

D1zzy wrote: »

The downside of this process is that there is no option not to have a cheque book and debit card"

I do not have checque books or cards with my accounts and I have 7 you just need to state this when opening the account

D1zzy

yes

This related to setting up the accounts online where there was no option to say you didn't want a cheque book and card

at1cadmen

thers is an option on line to upgrade to the free version you just need to find it

D1zzy

yes

Must have missed it - but I did look very hard after your initial post. Anyway - 10 mins in the bank doing it the old fashioned way got my 6 accounts sorted without any problems. (The one I did try and set-up on line never materialised, although it told me it had been set up, 'cos I'd missed specifying my nationality. They set me a letter 5 days later.)

samizdat

Went into a branch but was only allowed to open one further account - manager was consulted by the staff member dealing with my request (I had asked for 7 accounts).

So rang up the new accounts number and was told only one per day as per Dagobert.

Just as an aside, don't you think we should let this thread slide into oblivion before Lloyds decide to close this loophole down? I am only commenting myself because the thread is on the first page anyway, after it spent a few days quietly drifting out of sight and out of mind.