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How right was Martin regarding the lloyds reg saver account
Comments
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Provided you do not need a current account with Lloyds this assume would still be a good savings account. Only bit concerned of a downgrade from our leader.0
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It it were still available, then yes ! Now only available as a 1 year saver, though the Loughborough B/S have a very similar 2 year deal.
http://www.theloughborough.info/savings/savingsdetail.php?recordID=New%20Regular%20Savers%20PLUS0 -
You have to have a current account. You just aren't required to use it for anything (except to keep at least £1 in).
When Our Leader first recommended this, it was for two years. Now it's only for one, it's a lot less worthwhile unless you are already a LTSB a/c holder.0 -
Ive only been putting in £250 - ive been doign it manually though since Janurary as lloyds and halifax are right next to where I work - so dont loose any interest for transfer and im funding the current accoutn with £250, if only for a day
And yes the people in the two branchs I tried were insistant that the current would get closed down unless I funded it with £500/month - but after reading everything on here - i guess they are just protecting their funds.0 -
steveh2001 wrote: »Ive only been putting in £250 - ive been doign it manually though since Janurary as lloyds and halifax are right next to where I work - so dont loose any interest for transfer and im funding the current accoutn with £250, if only for a day
And yes the people in the two branchs I tried were insistant that the current would get closed down unless I funded it with £500/month - but after reading everything on here - i guess they are just protecting their funds.
But what did it say in your t&c's?It is unwise to pay too much but it's worse to pay too little. When you pay too much, all you lose is a little money... that is all. When you pay too little, you sometimes lose everything because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot...it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run and if you do that you will have enough to pay for something better (John Ruskin - 19 ctry author, art critic & social reformer)0 -
"Our Leader"? LOL, I wasn't aware of having joined a sect.
Reclaimed thanks to this site:
£175 Abbey Mortgage Repayment Fee, £170.03 Capital One Bank Charges £418.07 Lloyds TSB Bank Charges, £2,671.55 Mis-sold Endowment Policy, all for OH0 -
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