Multiple Lloyds Vantage/A&L Premier accounts

master811

Has anyone got more than one of these accounts to get around the £7000 and £2500 limitations respectively for the high interest rates offered to positive balances?

Same goes for the Halifax account? Would they let you get more than one and get the £5 bonus again?

jonesMUFCforever

Ltsb will let you have up to 3.

scottishblondie

LTSB allows 3 vantage accounts
HBOS allows 1 solo reward account and one in joint names
A&L I don't know, but anyone who does I'd be interested to know!

td_007

master811 wrote: »

Has anyone got more than one of these accounts to get around the £7000 and £2500 limitations respectively for the high interest rates offered to positive balances?

Same goes for the Halifax account? Would they let you get more than one and get the £5 bonus again?

Lloyds - 3 Vantage and Halifax - one solo and joint. A&L t&c say you can have only one Premier Direct a/c, but I have two open and both get interest - however, I keep £2.5K in each - probably that is why A&L are turning a blind eye

scottishblondie

td_007 wrote: »

Lloyds - 3 Vantage and Halifax - one solo and joint. A&L t&c say you can have only one Premier Direct a/c, but I have two open and both get interest - however, I keep £2.5K in each - probably that is why A&L are turning a blind eye

Interesting - can I ask how you opened your second one? Were you able to do it online, or did you actually have to talk to someone on the phone/in a branch? I've reached the limit on mine, it would be good if I could open another one easily!

fbsthreads

I have an old A&L premier direct account and I'd like to either get a second premier direct account, or upgrade the old one i have to a new one so i can get the higher rate AER for a year. Anyone upgraded on old issue account to a new version?

I too would be interested to know how the user above got two premier accounts with A&L.

If premier accounts are only for new customers and I close my A&L accounts, could i then sign up for a new account with them and be considered a new customer?

Thanks.

MoneyStudent

Lloyds website says that you can have 3 vantage account. But you might have to struggle a bit to open them all up depending on what your local branch is like. My local branch was adamant that I was only allowed 1 of them. I had to resort to printing their website off before they'd allow me to apply for my second account.

anamenottaken

fbsthreads wrote: »

I too would be interested to know how the user above got two premier accounts with A&L.

I don't know if they have changed their rules but it used to be that you needed a gap of at least 6 months between closing one and opening a new current account with the favourable interest rates.

td_007

scottishblondie wrote: »

Interesting - can I ask how you opened your second one? Were you able to do it online, or did you actually have to talk to someone on the phone/in a branch? I've reached the limit on mine, it would be good if I could open another one easily!

Yes...did it online. Just ignored the "important legal information"!

fbsthreads

td_007 wrote: »

Yes...did it online. Just ignored the "important legal information"!

Might give it a punt then.
I already have one with Santander as well.

paulw98

do both of your AL accounts show up on the same page in internet banking? May give it a punt, wonder if it would be too obvious to get reccomended by another person and so get the £25 aswell....