Lloyds TSB instant access monthly saver 8%

Horasio

I have had my questions answered and opened.

It was easy and the was very pleasant .

lipidicman

mary wrote:

Off to the bank I go then now, instead of the 30th and follow suit, if you don't mind. Thanks.

Not at all, glad to be of help.

chesky369

Does anyone know if you can pay in the first £500 with a credit card? I don't have sufficient in my current account right now, having just paid my regular savings amount out, so it would have to wait until I get paid, or I just won't eat.

lipidicman

I don't think so. The options on the form were (from memory) Cheque/Cash or Transfer.

You could wait and do it at the end of next month!

$17mma

How long do you think this offer willl run for?

clarew

just done mine on the phone, again, can't fault the staff, very friendly and helpful. Told it may take up to 3 days for money to leave my account (£500) to start it, and that the standing order was fine to go through from may 30th.

will then take the advice above and change it to mid june, then early july. Great, thanks to all who've helped in this thread

Happy saving!!

grumbler

$17mma wrote:

One question which I am sure the branch could answer for me tomorrow but do I HAVE to have this feeder acct? and what do they mean by making it a main acct?

Dont want to change my bank over at this stage as quite happy where I am but concerend about this main acct thing.

Yes you have to have their current account. It is not bad in fact with 4% and £50 welcome bonus if you switch. If you don't want to switch, some monthly credit in excess of £250 and a few shopping or some other transactions will be sufficient, I think.

$17mma wrote:

How long do you think this offer willl run for?

It even haven't started yet, it is not advertised in branches and is hidden on their website. Today in the morning I was the first ever applying for this account in our branch. You have enough time ...

mary

Took about 10-15 minutes in the branch. All up and running, £500 in today, £250 going in on 30th, then reset the SOs at the beginning of June. Thanks Lipidicman.

stratford_2

All done over the phone at the max deposit and s/o levels - have my main account with Lloyds anyway. Thanks for the heads up OP and to others with the strategy for getting an additional payment this month.

Let's see if it all goes well!

Sillychuckie

I second that... Thank you everyone who made a contribution.

Got my accounts set up today but my other bank say they can't get a standing order out today, so that will have to be tomorrow.

So, thats £500 sent manually today, and my first £250 tomorrow (24th).
With May having 31 days, I'm pretty confident the £250 will get there before we roll over into June. 7 days should be enough, I HOPE!!!
I'll call them to check it reached the account before I try another SO transfer on 01/06.