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New Lloyds Vantage current account
Comments
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The one available now (Issue 6) is 3.01% inc bonus. See http://www.postoffice.co.uk/finance/savings-investments/online-saverPO online saver account is currently paying 3.1% including the 12 month bonus. Please note this is a variable interest account and rate may drop further. I don't feel it is worth the hassle for +0.1% and I do not feel comfortable saving with the Bank of Ireland.
I have the older iss 5 paying 3.17% inc bonus. Access, supposedly instant for these accounts, isn't, as withdrawals take 2-3 business days.0 -
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MoneySaverLog wrote: »However you can have 3 of them
I have more than three :T"A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:0 -
Issue 5 is still 3.17% AER, it's the Issue 6 thats plummeted (down to 3.01%)
But yes, like I said earlier, the difference is only marginal, and if you don't like BOI, then Vantage is good alternative if you don't mind the transfers each month.
Issue 5 is closed. The difference is miniscule and not worth the hassle of opening an account with the PO.
see post No 9 :T"A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:0 -
Issue 5 is closed.
see post No 9 :T
I agree, but I got mine before it closed, so its still valid for me, and I assume you had your vantage when the issue 5 was first available and being advertised on here, so it was an option then, but obviously not now (probably go for a Derbyshire now, but at 3.06%, no point to move if you get 3% already, unless you don't want the hassle any more)
Doesn't matter now anyway, you decided on several Vantage accounts and I decided on a combination of Vantage + PO Savings a/c.0 -
The Sunday Times states that Lloyds is now paying 4% on balances of between £5000 and £6000 on its vantage accounts for 12 months - if you sign up before October 31. Has anyone seen anything about this? I can't find anything on the web site.0
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frugalfran wrote: »The Sunday Times states that Lloyds is now paying 4% on balances of between £5000 and £6000 on its vantage accounts for 12 months - if you sign up before October 31. Has anyone seen anything about this? I can't find anything on the web site.
No is this for new customers only?0 -
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The annoying thing for those of us wanting to use the accounts as savings accounts is this criteria...MoneySaverLog wrote: »
I have 3 Vantage accounts but don't want the hassle of setting up 6 DDs.a minimum of two direct debits need to be set up on the account
Shame really since MBNA want to give me a £19K money transfer at 0% for a year for a 2% fee, so this deal would have made me a decent £200 profit on that!0
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