LloydsTSB Vantage Account - too good to be true?

D1zzy

Tomorrow ( or about 11pm tonight which is tomorrow for LTSB) -2nd working day

JCB2020

Just checked the online application and before you start it states "I do not have a current account with Lloyds TSB." as a prequal to the application.

Is this a way of stopping multiple accounts being opened or simply the first on line then a branch visit for the other 2?

lesleymarr

cash-magnet wrote: »

An excellent (savings) account to have. I got my interest payment the other day and a balance of £6999 pays basic rate tax payers a nett monthly return of £18.72.

Well maybe you all know already but FD offer existing customers a RS paying 5%. You can put in £250pm. Every little helps.

lesleymarr

Hi
I've got 3 Lloyds vantage a/cs. Seems that's the max. Yes I transfer £1009 from one to another each month manually so I can transfer the interest to another account. No other money goes into the accouint and I didn't transfer my current a/c sos or dds to Lloyds.
Thanks clever people on this forum who told me how to do this.

KTF

lesleymarr wrote: »

You can put in £250pm. Every little helps.

You can actually put in up to £300 a month into the FD RS.

http://www1.firstdirect.com/1/2/savings/regular-saver-account

partlydave

lesleymarr wrote: »

Hi
I've got 3 Lloyds vantage a/cs. Seems that's the max. Yes I transfer £1009 from one to another each month manually so I can transfer the interest to another account. No other money goes into the accouint and I didn't transfer my current a/c sos or dds to Lloyds.
Thanks clever people on this forum who told me how to do this.

Ive already got 3, the last one about a month ago, but yesterday I thought I'd see if they'll let me open another one and it went through online, just got to wait if they send me all the paperwork and open it etc.....fingerscrossedsmilie

stphnstevey

I have 5 now, after opening them one at a time each month

partlydave

stphnstevey wrote: »

I have 5 now, after opening them one at a time each month

When did you open the last one? Recently?

ktj

Hi, Just wondered if the 4% is just for the first year or is it on going? ktj.

KTF

Ongoing as long as you meet the funding requirements.