Best Current Accounts Discussion Area

Former_MSE_Dan

This discussion relates to the updated Best Current Accounts Article.

Click reply to discuss.

pinkfluffybabe

Am glad to see the LTSB Classic Plus is still a good buy! I moved there last July after a disasterous year with the Halifax. They have been very good so far.

Christine

gingerdad

I'm with A&L, the account is fine customer service is questionable. coming to the end of my 12 month 0% so may move to Nationwide as will still be using the overdraft most months.

GD

JoSchmo

I've been turned down for both the Premier Plus and Premier accounts since reading the article

I've been with HSBC for about 5 years - have £1400 overdraft, £400 on a credit card and a £9,000 professional studies loan. My wages are about £1300 a month.

But I've just moved house this weekend and haven't been at an address prior to this for longer than 6 months - at some addresses I wasn't on the electoral roll as I was staying with friends - does anyone know if this is why I've been turned down?

Also if there's anything I can do to get them to reconsider?

(Hope this is the right place to post this by the way!)

grumbler

Martin(article) wrote:

The policy offered is an annual multi-trip policy for an individual. It can be upgraded for a couple or family for an additional £48

This is true. However, for joint accounts both account holders get free insuranse. And minimum pay-in is still the same £1000 for joint account.

plymouth_janner_boy

pinkfluffybabe wrote:

Am glad to see the LTSB Classic Plus is still a good buy! I moved there last July after a disasterous year with the Halifax. They have been very good so far.

Christine

I'm thinking of swapping from my hsbc graduate account to the lloydstsb current account for both the 4% interest rate and the £50 incentive. Would you advise this? I know Martin hates HSBC!

Can my partner (who lives with me) open an account as well and recieve £50?

grumbler

plymouth_janner_boy wrote:

I'm thinking of swapping from my hsbc graduate account to the lloydstsb current account for both the 4% interest rate and the £50 incentive. Would you advise this? I know Martin hates HSBC!

Can my partner (who lives with me) open an account as well and recieve £50?

You do not need to swap. Just apply for a new account. However, if you want 4% you must
"agree to pay in a minimum of £2,000 a month (if you agree to pay in a minimum of £1,000 a month you will still earn 3.75% AER* / 3.69% Gross*)".

If you recommend your partner after opening your account both of you will get £50, i.e. you will get another £50!

semi_artificial

Re: the HSB £50, for how long do you have to pay in £1000?
Could you just pay in a couple of months and then stop once you get your £50.
Couldn't spot anything about this in the online details.

grumbler

semi_artificial wrote:

Re: the HSB £50, for how long do you have to pay in £1000?
Could you just pay in a couple of months and then stop once you get your £50.
Couldn't spot anything about this in the online details.

'Recommend a friend - and get £50 yourself
Tell a friend/ family member just how good banking with Lloyds TSB is and you could both be £50 better off.
If they open a Classic, Plus, Premier, Added Value, Under 19 or Graduate current account and set up a regular credit of £500 or more per month within 2 months of opening the account, we'll pay £50 within 31 days into their new account once their first credit is received, to say welcome.
We'll then pay £50 into your account to say thank you.'

The only question is how they know that the credit is regular after receiving just one payment. I am still waiting when 31 days pass for our 2x£50...

robthomas_2

any thoughts on this ethical internet account?
they offer free travel and breakdown for £6/month, and seem to have possibility of increasing o/drafts.
i'd like to move out of hsbc territory.
thanks

robthomas_2

sorry, i'm investigated the co-op's Smile account.
thanks!
rob