Lloyds TSB is the best?
Options
Mikhail
Posts: 261 Forumite
Hello,
I was researching UK’s best premium banking (excluding private banking) and I can’t find anything better than Lloyds. CitiBank Gold, HSBC Premier and First Direct with the ‘first directory’ accounts offers pretty bad travel insurance products with only up to 30 days coverage and numerous exemptions spreading over 52 pages of T&C (FD) with many loopholes from both sides! Lloyds Premier Travel Insurance covers for longer (62 days per trip) and for higher age limit, i.e., up to 80. Lloyds is also the only provider which has some inconsiderable interest paid to current accounts with Vantage up to £17-19 per month and around £10 from June 2011. But Lloyds is the only one bank from the above list which charges for overseas ATM withdrawal, all others charge only a conversion fee. Premier banking with Lloyds cost £25 or £10-15 (account fee – monthly paid interest) almost as much as First Direct but with considerably more services and better value, so Lloyds is the best? Any other players?
I was researching UK’s best premium banking (excluding private banking) and I can’t find anything better than Lloyds. CitiBank Gold, HSBC Premier and First Direct with the ‘first directory’ accounts offers pretty bad travel insurance products with only up to 30 days coverage and numerous exemptions spreading over 52 pages of T&C (FD) with many loopholes from both sides! Lloyds Premier Travel Insurance covers for longer (62 days per trip) and for higher age limit, i.e., up to 80. Lloyds is also the only provider which has some inconsiderable interest paid to current accounts with Vantage up to £17-19 per month and around £10 from June 2011. But Lloyds is the only one bank from the above list which charges for overseas ATM withdrawal, all others charge only a conversion fee. Premier banking with Lloyds cost £25 or £10-15 (account fee – monthly paid interest) almost as much as First Direct but with considerably more services and better value, so Lloyds is the best? Any other players?
0
Comments
-
Lloyds TSB are the best?!?!? Best of a bad bunch, possibly...I spent 25 years in the mobile industry, from 1994 to 2019. Worked for indies as well as the big networks, in their stores also in contact centres. I also hold a degree in telecoms engineering so I like to think I know what I’m talking about 😂0
-
Hello,
I was researching UK’s best premium banking (excluding private banking) and I can’t find anything better than Lloyds. CitiBank Gold, HSBC Premier and First Direct with the ‘first directory’ accounts offers pretty bad travel insurance products with only up to 30 days coverage and numerous exemptions spreading over 52 pages of T&C (FD) with many loopholes from both sides! Lloyds Premier Travel Insurance covers for longer (62 days per trip) and for higher age limit, i.e., up to 80. Lloyds is also the only provider which has some inconsiderable interest paid to current accounts with Vantage up to £17-19 per month and around £10 from June 2011. But Lloyds is the only one bank from the above list which charges for overseas ATM withdrawal, all others charge only a conversion fee. Premier banking with Lloyds cost £25 or £10-15 (account fee – monthly paid interest) almost as much as First Direct but with considerably more services and better value, so Lloyds is the best? Any other players?
Well im with Lloyds as I have to be, BUT I wouldnt change
Can I find out my credit score?You do not have a single credit score or rating. Different organisations take different information into account when working out your credit score and may have different scores for different products. (Kindly from Experian)0 -
Simax, if they are that bad, why do you keep praying for an upgrade?
Just leave them!0 -
Simax, if they are that bad, why do you keep praying for an upgrade?
Just leave them!
Eh? What? I left them, went to Santander, moved back to Lloyds TSB. Since then, I've just run the account as Silver (don't even have Vantage), and don't want anything more than that.
I stopped praying a LONG time ago.I spent 25 years in the mobile industry, from 1994 to 2019. Worked for indies as well as the big networks, in their stores also in contact centres. I also hold a degree in telecoms engineering so I like to think I know what I’m talking about 😂0 -
Sooo Lloyds Premier is the best one?
By the way do they give premier accounts to everyone or pretend that it is only for selected costumers and give it anyway?0 -
I dont have any problems with them, been with them for ever....pay my little account fee but dont pay for holiday or AA cover, happy enough.0
-
Sooo Lloyds Premier is the best one?
By the way do they give premier accounts to everyone or pretend that it is only for selected costumers and give it anyway?
Well when I opened my account with them and initially I couldn't upgrade to gold / platinum / premier.
Then one day, once I'd held the account for ~ 18 months, I could have a £3,000 OD and Gold / Platinum / Premier; the offers just materialised one day.
Does seem to be based on account conduct and turnover.Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
0 -
First Directory isn't an account, it's an additional service that you pay for if you already have a first direct account. If you just have a 1st account with FD and have one if the other qualifying accounts, you don't pay any charges for your account, you can then add on First Directory if you want to pay extra to take advantage of the services it offers.0
-
Wouldn't say Lloyds TSB are the best but they are not the crappiest,
Don't know who decides which is the best bank in the UK because it clearly isn't Lloyds TSB.. then again i don't believe there is a 'Best UK Bank' it just goes down with customers and there own opinions/views.• HSBC (Main A/C)
• Halifax Back up A/C
• Lloyds (Spending) A/C
• RBS Back up A/C
• Barclays Old A/C
• Nationwide Old A/C0 -
Sooo Lloyds Premier is the best one?
By the way do they give premier accounts to everyone or pretend that it is only for selected costumers and give it anyway?
No it is credit scored.I spent 25 years in the mobile industry, from 1994 to 2019. Worked for indies as well as the big networks, in their stores also in contact centres. I also hold a degree in telecoms engineering so I like to think I know what I’m talking about 😂0
This discussion has been closed.
Categories
- All Categories
- 343.7K Banking & Borrowing
- 250.2K Reduce Debt & Boost Income
- 449.9K Spending & Discounts
- 235.8K Work, Benefits & Business
- 608.9K Mortgages, Homes & Bills
- 173.3K Life & Family
- 248.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards