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Lloyds Saver Question...

Hey,

Sorry if this has been posted on the huuuuuuge Lloyds 8% thread but the lady in the bank said the interest rate is paid once a year so does that mean after a year I can take the money? I know it has no penalties etc but a lot can happen in a year.

Matt

Comments

  • Cypher
    Cypher Posts: 440 Forumite
    As far as I know you can take the money when ever you want, you don't have to wait the year.

    I've already messed up once and withdrawn £250 from a monthly saver. I was meant to be withdrawing it from the online saver ready to pay into the monthly saver :mad:

    The only penalty is you can only pay money in once per month, so if you draw out you can't pay it back :(
This discussion has been closed.
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