We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

What do you think of Bank of Scotland/Lloyds TSB Save The Change?

Hi,

I'm just looking for some opinions really as I signed up for it today, seems like a good enough idea. Has anyone else here used it, are you happy with the service or do you think I should give it a miss and just ask for it to be cancelled? I've already amassed the grand sum of... wait for it... £3.27 into my newly opened savings account, in just one day :rotfl:

John.
«1

Comments

  • Gromitt
    Gromitt Posts: 5,063 Forumite
    I think I'd say "Why I want to move some money into my savings account, I'll do so."

    Although to be honest, 2.5% isn't THAT bad.
  • ses6jwg
    ses6jwg Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It's good for people that don't have the discipline to save
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    A great way to add to your savings.

    But not to rely on as a sole method of saving.

    Quite nice to link the debit card to a child's account and top that up.
  • I love it, I have it set up on my account and have almost £120 in there from about April this year (I have dipped in a bit at times, would be about £160 if I had left it alone).

    I write down how much I spend in my notebook, so it makes the sums easier too!!
    Getting fit for 2013 - Starting weight 10.1.13 88.1kg
    Weight 27.3.13 79.1kg :( weight 2.4.13 79.9kg Weight 24.4.13 77.8kg. 4.6.13 76kg

    BSC member 331
  • The number of times I use a debit card to pay for anything in the month is few and far between. All my main bills go by DD or SO, and I pay cash for anything else mainly.

    Probably use it most at the 24 hr Asda Petrol station, so gave up in the end with it and cancelled it as it made very little difference to savings anyway, a few quid at best per month. I'd rather transfer anything left over the day before payday to savings manually anyway.
  • I liked it because it always left an exact amount in my "spending" account, ie £23.00.

    But I suspect that says more about me than it does about the scheme as a whole!!
    DF :grin:
  • Lloyds have stopped doing save the change (existing ones continue to run).
  • .1xp
    .1xp Posts: 170 Forumite
    Lloyds have stopped doing save the change (existing ones continue to run).

    ? It is still available for me to join .... Still shows on the account options on the right hand side when logged in
  • Lloyds have stopped doing save the change (existing ones continue to run).

    Save the change is still going on the Easy Savers or Advantage Savers
    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)
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Lloyds have stopped doing save the change (existing ones continue to run).
    Is the website going to be updated at a later date then? Because as of Xmas Eve it's still being promoted here...

    http://www.lloydstsb.com/savings/save_the_change.asp
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.9K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.1K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.5K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.