New Lloyds Vantage current account

anticlaus105

slinga wrote: »

Can someone confirm or otherwise that there a new interest rate for Lloyds Vantage of 4%.
I went into Lloyds on Saturday morning and no one there knew anything about it.

Along with now having seen a TV advert for this and also having set it up on my accounts, here is a link

http://www.lloydstsb.com/current_accounts/vantage4.asp

As to previous questions I have always circled my £1k on the same day during the same internet banking session.

savetilibleed

Megabloks wrote: »

Do you circle them all of them on the same day or leave them overnight? Halifax I do on the same day but Nationwide, FD etc I leave overnight just in case. Is that overkill?

I have standing orders all on one day to transfer £1000 from acc1>acc2>acc3>acc1

exel1966

anticlaus105 wrote: »

What's the consensus on circling £1k between the 3 vantage accounts each month? Just to be careful this month I have transferred £3k to my NatWest account, and then £1k back into each vantage account.

Previously I have just performed a £1k circle between my vantage accounts and this has worked fine.

I don't believe there's any reason whatsoever to change the way you credit these accounts. I've always done mine manually from Vantage to Vantage keeping the 1K there for literally seconds even when using 7 Vantage accounts. There's nothing in the T&C's for the higher interest version even hinting at a change or stating external funds only (like some other organisations do).
I'm starting to believe that due to a little ambiguity elsewhere people are putting 2+2 together and getting 5 on all sorts of things. Either that or paranoia is setting in :eek:

carpy

anyone with more than 3 accounts had any 'issues' when phoning for this offer?

i'm worried they might say you're only meant to have 3 and close the rest down! :eek:

Steve_xx

carpy wrote: »

anyone with more than 3 accounts had any 'issues' when phoning for this offer?

i'm worried they might say you're only meant to have 3 and close the rest down! :eek:

No issues, but they wont add the 4% to more than 3 accounts.

exel1966

Didn't ask me to close my other 4 down, still got them all, 3 confirmed in writing at the new rate with internal codes applied to show them as different to the others.
Now if I was a chancer or just plain greedy I might attempt to get the other 4 changed a little later...Hmmmm?

Steve_xx

exel1966 wrote: »

I might attempt to get the other 4 changed a little later...Hmmmm?

I wondered about doing that!

carpy

..and it's ok to phone up and get the accounts registered for the 4% even though I don't have the DD's on the accounts yet??

exel1966

Yes it is !

psychic_teabag

well, I think different people have had different levels of success. The website does say to phone if you already have two DD's set up.