Lloyds to charge for old Gold Service accounts

jonesMUFCforever

carlbhoy wrote: »

been into the bank this afternoon to close my account totally, was told by the manager of the Huntingdon branch i would not be charged the fee, and if i was it would be reimbursed, then reading this post, i see i have a black square in the bottom left hand corner, the plot thickens!, the only added extra i have used is the AA, and on this site tonight i see with a cashback deal you may be able to get the same cover for £9, £30 maximum, so sod the lot of them i'm off to Santander for their 123 Cashback account paying 3% interest

Why not just downgrade the Gold account to a classic vantage also paying 3% interest but without the hassle of switching banks?

carlbhoy

yes, i must admit the girl did mention the vantage account, but she said you can only receive 3% on upto £5000,

MoneySaverLog

carlbhoy wrote: »

yes, i must admit the girl did mention the vantage account, but she said you can only receive 3% on upto £5000,

Correct, but you can have up to 3 vantage accounts.

John_3:16

My letter also has a black circle but no mention of any charge change?

kar999

John_3:16 wrote: »

My letter also has a black circle but no mention of any charge change?

It's the Black Square that means you've been "Black Balled" for charges. A back circle means they can still afford to provide the benefits for free.

jonesMUFCforever wrote: »

Why not just downgrade the Gold account to a classic vantage also paying 3% interest but without the hassle of switching banks?

If I dont switch I am downgrading to Classic but I already have the max 3 vantage classic accounts as well as a once "free" Gold account.

carlbhoy wrote: »

been into the bank this afternoon to close my account totally, was told by the manager of the Huntingdon branch i would not be charged the fee,

I have drafted a letter of disgust to the CEO of Lloyds which I intend to take to show my Branch Manger before posting it if he doesn't pull a rabbit out of the hat to keep my custom.

It seems the "unaffordable" increased cost of the account benefits are affordable to some people but not others. It's a commercial decision, but after 3 generations of banking with Lloyds it still stinks something rotten.... even more so as they only survive becasue of my tax payer bail-out money. :mad:

MoneySaverLog

kar999 wrote: »

they only survive becasue of my tax payer bail-out money. :mad:

You mean our tax payer bail out money

kar999

MoneySaverLog wrote: »

You mean our tax payer bail out money

But of course...I was speaking metaphorically ...

... but I'm now taking this matter personally.. it's me against Lloyds!!!

Dreamer80

I have the letter with the black circle and no mention of the monthly charge.

Would be interesting to know how they select those that are to pay the fee and those that aren't :question:

D80

exel1966

Dreamer80 wrote: »

I have the letter with the black circle and no mention of the monthly charge.

Would be interesting to know how they select those that are to pay the fee and those that aren't :question:

D80

Ah, well that's the million dollar question and one that will almost certainly never be answered, just as why do some LLoyds customers receive preferential rates on savings accounts.

We can guess, but we'll never really know !

jonesMUFCforever

exel1966 wrote: »

Ah, well that's the million dollar question and one that will almost certainly never be answered, just as why do some LLoyds customers receive preferential rates on savings accounts.

We can guess, but we'll never really know !

What preferential rates are they then?