Lloyds TSB Vantage - Multiple accounts

carpy

luci wrote: »

I believe 3 accounts is the maximum you can have.

i have 5, there is someone on this thread who has 6!:beer:

10_66

Michael_Corleone wrote: »

So, my question is, is there any value in phoning up and asking for another one (or two) without the likelihood of receiving difficult questions, as obviously they will see I have 3 of the blighters already! Anyone have any history of this?

Some have up to 7, but then LTSB tightened up and stated that you can only have max of 3. However, some posters have said that they have been able to open more than 3 since the restriction. I would imagine if you ring them, they'll only quote the restriction of 3, you could just keep trying to upgrade a classic online periodically.

bunple

I've got a classic that I wanted to upgrade to vantage but I couldn't find the link, so I phoned the helpdesk and they told me which buttons to push but alas when I got where the nice lady said i needed to go there was only the upgrade to silver, phoned them again and another charming lady told me I can only do it in branch, how strange that some of you can do it online and I can't, maybe it depends on the account usage and money in the bank, I'll ask at the weekend when I go to branch.

10_66

bunple wrote: »

I've got a classic that I wanted to upgrade to vantage but I couldn't find the link, so I phoned the helpdesk and they told me which buttons to push but alas when I got where the nice lady said i needed to go there was only the upgrade to silver, phoned them again and another charming lady told me I can only do it in branch, how strange that some of you can do it online and I can't, maybe it depends on the account usage and money in the bank, I'll ask at the weekend when I go to branch.

Have you tried doing what is suggested in post #101 above?

luci

10_66 wrote: »

Some have up to 7, but then LTSB tightened up and stated that you can only have max of 3. However, some posters have said that they have been able to open more than 3 since the restriction. I would imagine if you ring them, they'll only quote the restriction of 3, you could just keep trying to upgrade a classic online periodically.

That's what I was thinking of. I was sure I read on here that the max was now 3.

Jake'sGran

noh wrote: »

Open a classic account which has no fee. Then convert it to Classic with Vantage online. Or do it in branch or over the phone.
Described here click the "How to apply" tab.
http://www.lloydstsb.com/current_accounts/vantage.asp

I have tried to do this a few times but got stuck on the page about nearest branch/cash point. Must sayI think their site is awful, just too much information.

BigDonut

D1zzy wrote: »

Yes U can. A>B>C>A - 30 secs -job done!!:)

Thanks for that.
All done and setup.

john1950

Went into local Loyds branch yesterday to close an Esaver account and was offered Vantage on my existing Lloyds Cassic account and given a second Classic account with Vantage.

The first account is where my monthly pay is paid so will qualify but I am a little unsure as to how to make the second account qualify.
Does the £1000 have to be from an external source.

I have been through quite alot of threads and I think there was mention of just paying between Vantage accounts to meet the qualifying requirements. Do Lloyds accept that method to qualify for the Vantage interest rates? Is it really that easy ??

Also, I cannot get £7,000 into the second Vantage account until the middle of next week but if I have understood the terms correctly the interest is calculated daily so will earn 4% gross from the middle of next week to the end of the month.

Would appreciate clarification if you operate these Vantage accounts

Geoffo_M

john1950 wrote: »

Went into local Loyds branch yesterday to close an Esaver account and was offered Vantage on my existing Lloyds Cassic account and given a second Classic account with Vantage.

The first account is where my monthly pay is paid so will qualify but I am a little unsure as to how to make the second account qualify.
Does the £1000 have to be from an external source.

I have been through quite alot of threads and I think there was mention of just paying between Vantage accounts to meet the qualifying requirements. Do Lloyds accept that method to qualify for the Vantage interest rates? Is it really that easy ??

Also, I cannot get £7,000 into the second Vantage account until the middle of next week but if I have understood the terms correctly the interest is calculated daily so will earn 4% gross from the middle of next week to the end of the month.

Would appreciate clarification if you operate these Vantage accounts

Your assumptions are all correct. £1,000 does not have to come from an external source. And yes, interest is paid daily

DocProc

Net Interest of 3.2% pa. (ie. 4%, less 20% tax) is actually paid monthly.

It accrues daily.