Lloyds Vantage accounts Quick Question

exel1966

Baldur wrote: »

but LTSB have their eSavings account @ 2.5% inc. bonus, if you want to keep things 'in-house'.

But that's only on balances of £10K+. It gives a less than competitive 1.60% on smaller amounts.

exel1966

de1amo wrote: »

can you have multiple vantage accounts?

Yes, at the moment you can have 3 individual, therefore 6 as a couple, but a few have also managed to open 1 or 2 joint accounts on top of the six !

Baldur

exel1966 wrote: »

But that's only on balances of £10K+. It gives a less than competitive 1.60% on smaller amounts.

Hence why I linked to the account details and my interest goes elsewhere..........

DocProc

Just as note to remind people that the Lloyds TSB eSavings Account might only be paying you a pittance of 0.1% Gross Interest if you have less than £10,000 in it.

That is unless you are a newbie to this account and thus enjoying the top up of the extra 1.5% Bonus Rate addition to the basic rate:

eSavings account with 12 month bonus of an extra 1.5% included

Above £10,000 2.50% Gross (2.00% Net) (*)

Below £10,000 1.6% Gross (1.28% Net) (*)

These interest rates are correct as at 02/02/2009.

* Includes a fixed introductory bonus of 1.50% AER, payable for 12 months from the date of account opening. At the end of the bonus period, rates without bonus will apply.

Please see the ‘without bonus’ rates below for current rates.

View previous rates

Explanation of terms

eSavings account without any bonus of an extra 1.5% included

Above £10,000 1.00% Gross (0.80% Net)

Below £10,000 0.10% Gross (0.08% Net)

newcastleneil

Finally got round do opening them this morning.Went down to my local branch at Stockton told them I wanted to open 3 accounts with standing orders transfering the one grand between the three accounts .I put 7 grand in each account. Everything was done for me while I sat there .No problems at all .Took about 30 mins all together .Now I have 21 grand earning four percent before tax .Brilliant .I can recommend this account to anyone

Neil