LloydsTSB Vantage Account - too good to be true?

poorgirl-54

Biggles wrote: »

Like with the Classic Plus, they pay it after the close of play on the first working day of each month, so you'll see it Tue am.

I still haven' recieved my interest on my accounts vantage accounts.

I rang Lloyds to ask wen i will ge my interest, they don't know and i went into branch to ask they also dont know.

I am so confused- what do i do?

D1zzy

poorgirl-54 wrote: »

I still haven' recieved my interest on my accounts vantage accounts.

I rang Lloyds to ask wen i will ge my interest, they don't know and i went into branch to ask they also dont know.

I am so confused- what do i do?

I think today was the day for interest - sorry if this is a stupid question but did you remember to put £1000 through each of your accounts in July?

poorgirl-54

yes!!!!!!
i did put in the £1000

D1zzy

poorgirl-54 wrote: »

yes!!!!!!
i did put in the £1000

Email them with details -then they will have to look into it and respond.

amazing-g

Just curious if someone could please help me out.

I only have a normal plain cashcard with lloyds so can only be used in bank machines and thats it. Well on my account when i logged in there was a whole range of cards offering me to upgrade to and one of them was classic vantage card. Basically im just wanting a visa debit card that i can use in shops etc and this has it but it does state you have to pay in £1000 a month.
Well question is say you dont pay that much in a month, surely theres no charges etc if you dont i just assume its the AER rates drop???

KTF

Yes, its just the rates that drop. There are no service charges for the account.

amazing-g

KTF wrote: »

Yes, its just the rates that drop. There are no service charges for the account.

Smashing mate, much appreciated for your help.

steady__eddie

I have dividend and interest payments paid into one of my Vantage a/c.s and keep a running total for each month. This total I subtract from £1000 and deposit this amount into my Vantage a/c.
Last month wasn't a very good month and I had to bung them £841-01, which I did in order to qualify for 4%.
I received a statement this morning and I noticed that the clerk had only inputted £841-00. Gosh, I thought, (or words to that effect), I've only paid in £999-99, for the sake of one penny I've dipped out on the top rate.
Armed with my paying in book, I had a stroll round the bank lunchtime and explained the situation. I was told that there wouldn't have been a prob anyway because the interest that I received at the begining of the month in respect of the previous month counts towards the £1000 funding requirement.
Currently if you normally get about £18 interest then you only have to deposit about £982 per month to qualify for 4%.
One thing did concern me however, I make several deposits every month so I use their pre printed paying in books which they so kindly provide me with. If I had used a paying in slip which are supplied in branch, then I would not have had a receipt for my missing penny, should it have been needed.

exel1966

steady__eddie wrote: »

If I had used a paying in slip which are supplied in branch, then I would not have had a receipt for my missing penny, should it have been needed.

Exactly the reason why I always ask for a receipt when paying in money without my paying in book. For some reason it seems to annoy the bank staff though as if it's a great chore to write and stamp a receipt which takes approx 5 seconds

lindos90

exel1966 wrote: »

Exactly the reason why I always ask for a receipt when paying in money without my paying in book. For some reason it seems to annoy the bank staff though as if it's a great chore to write and stamp a receipt which takes approx 5 seconds

Neither of the TSB branches in our town have slips or receipts any more, they said they are phasing them out, so I used the couple that are supplied in the back of the cheque book, now they are all used up.