LloydsTSB Vantage Account - too good to be true?

exel1966

lindos90 wrote: »

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.

The old paying-in slips with receipts were phased out a while back (starting 2 years ago) so you now have to ask for a receipt which is kept behind the counter and only the staff can access and issue one.

If the staff find it too much of a chore to write a receipt taking a few seconds then maybe LTSB ought to think about bringing back the old style paying-in slips.

steady__eddie

As a matter of interest, (no pun intended), do other banks have receipts attached to their in branch paying in slips ?
I only have experience of Nationwide where you hand your card over (if you have remembered to bring it with you, yet another senior moment ) and are given a printed receipt.
lindos, they will supply you with a free book of 15 paying in slips if you ask them. Takes about a fortnight to arrive and there's a replacement request slip in it.

withnell

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

I've had the same experience - I paid in cash to an account I'd opened over the phone the night before, and was told "It's real time banking, it'll show up instantly" when I asked for a receipt

a> It could go walkies between leaving the branch and me checking, then no proof I'd paid money in
b> as it was a new account, it didn't show on online banking

The cashier looked at me like I was dirt, and spent approx 10 seconds filling in a small sheet. There was no queue, and she was the only one on, so I wasn't quite sure what the issue was!

superstar_2

I have a question, I have 7K in this account at the moment. When the interest is paid on the 2nd of the next month - it'll go up to say £7020, does that mean i will get:

7000 @ 4% + 20@0.1% OR 7020@0.1%

Thanks!

savetilibleed

superstar wrote: »

I have a question, I have 7K in this account at the moment. When the interest is paid on the 2nd of the next month - it'll go up to say £7020, does that mean i will get:

7000 @ 4% + 20@0.1% OR 7020@0.1%

Thanks!

£7k @ 4% + £20 @ 0.1%

rb10

savetilibleed wrote: »

£7k @ 4% + £20 @ 0.1%

But if interest is paid monthly, remember that you get 1/12th of this amount each month, and not the whole lot.

savetilibleed

rb10 wrote: »

But if interest is paid monthly, remember that you get 1/12th of this amount each month, and not the whole lot.

Quite right too

2108

Just sent online application for my first classic account, hopefully get that set up by the end of the week and try and push for another few

Baldur

2108 wrote: »

Just sent online application for my first classic account, hopefully get that set up by the end of the week and try and push for another few

No need to "push for another few". Customers are each permitted a maximum of three Vantage accounts.

I opened my first online then another two in branch as soon as I had the details of the first one.

stphnstevey

Baldur wrote: »

No need to "push for another few". Customers are each permitted a maximum of three Vantage accounts.

I opened my first online then another two in branch as soon as I had the details of the first one.

When mine was opened by the bank manager (small branch!) he said I could only have one! :mad: