New Lloyds Vantage current account

typistretired

Their website stated the rate will be applied to the whole balance up to £6,000** until 31 October 2013

Archi_Bald

JustAnotherSaver wrote: »

....or is the extra £1k being wasted being in there on the final day?....

It will make not a lot of difference in what account your £1K is on the 31st of October. It should earn you about 11p before tax in Lloyds that day, and probably a tad less if you were to move it to elsewhere before the day is out on the 31st.

boobbby

Archi_Bald wrote: »

It will make not a lot of difference in what account your £1K is on the 31st of October. It should earn you about 11p before tax in Lloyds that day, and probably a tad less if you were to move it to elsewhere before the day is out on the 31st.

Absolutely right! I really cant believe people are so concerned about losing just a few pennies or even a pound or two while they sort out the best ways to save. I say "Get a life"!!

Zebra

eskbanker wrote: »

Yes, you can have three Lloyds Vantages (and three BoS Vantages, and three TSB Enhances, and two Santander 123s, and four Nationwide FlexDirects!).

And a partridge in a pear tree....

Have the T&C's changed for Nationwide FlexDirects?

As I'm sure that when they first came out you could only get the higher rate on one account, or am I missing something?

billchecker1

Can someone confirm what these accents turn into? Am I right I saying that they go to 3% upto 5k?

Gaffy

It's supposedly be on just one, but they've been paying 5% on all four for sometime now, hope it lasts the full year.

Archi_Bald

Zebra wrote: »

As I'm sure that when they first came out you could only get the higher rate on one account, or am I missing something?

They have always said you can have up to four current accounts with them, but the 5% interest is only guaranteed on 1 Flexdirect. That is stated on their website. However, several people have so far got the 5% on more than one Flexdirect, and nobody has as yet said they didn't get it on all their accounts.

billchecker1 wrote: »

Can someone confirm what these accents turn into? Am I right I saying that they go to 3% upto 5k?

You should have had a letter (per account) from Lloyds that describes exactly what will happen. Yes, they turn into normal Vantage accounts, 3% if your balance is between £3K and £5K. Monthly deposit still needed but no DDs any longer.

YorkshireBoy

billchecker1 wrote: »

Can someone confirm what these accents turn into? Am I right I saying that they go to 3% upto 5k?

They don't "turn into" anything. The interest rates revert to the original Vantage ones, which are shown on their website...and in the link I provided above (just omit the £5-6K tier).

JustAnotherSaver

boobbby wrote: »

Absolutely right! I really cant believe people are so concerned about losing just a few pennies or even a pound or two while they sort out the best ways to save. I say "Get a life"!!

And i say, it costs nothing to check the last day the 4% is included on.

I also say i'm at a loss as to why some feel that others just simply asking instantly makes them "SO concerned". I asked my local mexican takeaway place today if they had a certain sauce in. Perhaps they thought i was at the end of my wits because these days, just asking must make people really concerned.

I also say that those who are "so concerned" about what others are or are not asking should ... get a life!!!

Dekota

Considering that my ISA allowance is maxed out, have all 4 FD accs at NW, would it be worth finding a new home for my £5-6k thats in the vantage acc currently attracting the 4% after 31st Oct? Could I find anything better than 3%?

To be honest, I don't think any other current acc will give me 3% but just checking.