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lloyds montly saver (opened june last year) can you withdraw??

anna42hmr
Posts: 2,897 Forumite


can any one help, i opened a lloyds monthly saver the end of june last year, can you withdraw without penalty some of the money early? I know the one on the web site at the moment states you can but not sure if they were the terms at the time,
I have tried finding the print outs of the t&c's at time of opening but cant find them, think i may have put them in a box in the loft when we were decorating??
can any one remember?
I have tried finding the print outs of the t&c's at time of opening but cant find them, think i may have put them in a box in the loft when we were decorating??
can any one remember?
MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
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Comments
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From an account opened in June last year:Terms_and_conditions wrote:Withdrawals
You can make withdrawals from your account but you cannot replace any money you withdraw.
...
You can close your Account at any time and we will return your money plus any interest you have earned. If your Account ends early you will not be able to open another Account before the first anniversary of Account opening.
So it looks to be fairly flexible.0 -
thanks for that, i thought it may be the case, but wasnt sure if the terms had changed between last year and now.MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..0
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