Lloyds TSB

totallyhackedoff_2

After 45 years with Lloydstsb andhaving a Gold Service account for the past 32 years, how can they now say that regardless of my balance they will charge me £12.95 per month, how can they just click their fingers and change the rules????

simax

Because you'll then be paying the same as everyone else.

Surely that's fair, right?

HeadAboveWater

...or maybe this is why....!!!!!!!! :eek:

BASFORDLAD

They can change the terms and Conditions when ever they wish as long as they give enough notice.

Move if you are not happy

dr_adidas01

They can change your terms and conditions anytime they want to, they just have to give you notice that they are going to.

This is so you as a customer can decide if you want to pay the £12.95 like everybody else has to for their gold account, or you can choose to downgrade to a classic account which is a non fee paying account. This would however mean that you wouldn't have any of the benefits that your gold account currently gives you.

Sadly you can't have everything for nothing anymore, sad fact of life I'm afraid!!!!

MoneySaverLog

So just because it was, does not mean it now has to be as is.

jonesMUFCforever

totallyhackedoff wrote: »

After 45 years with Lloydstsb andhaving a Gold Service account for the past 32 years, how can they now say that regardless of my balance they will charge me £12.95 per month, how can they just click their fingers and change the rules????

You could also move the £2000 you need to keep in the account to get the 'free' perks.
Only you can decide whether the fee is worth the benefits in your circumstances.
Be especially careful if you have an ongoing medical condition if you use the travel insurance.

Sailmakers

45 years with a bank means nothing these days. The days of loyalty are long gone. With lloyds losses, bail outs and other problems it's no wonder they are finding ways to balance the books.

exel1966

totallyhackedoff wrote: »

After 45 years with Lloydstsb andhaving a Gold Service account for the past 32 years, how can they now say that regardless of my balance they will charge me £12.95 per month, how can they just click their fingers and change the rules????

TROLLING NONSENSE !!!!

Some scaremongering going on here or the OP has assumed very wrongly.

Having received the booklet about changes to added value accounts and to overdrafts from 02/10/12 I can catergorically state there is absolutely no change to the fee waiver mentioned in them.

More importantly the Lloyds website confirms that from 02/10/12 the fee waiver will STILL remains for those with the required minimum balance.

It clearly states ; † If you opened your account before 14 January 2005 your monthly fee may be waived if your balance remains above a certain level.
If your account is upgraded or downgraded you will lose the fee waiver.

http://www.lloydstsb.com/media/lloyd...e_Oct_2012.pdf

See page three !!!