New Lloyds Vantage current account

savetilibleed

badger09 wrote: »

My 2 PayPal test payments into Vantage 02 & 03 appeared today (were sent 12th). All now confirmed.
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I'm playing safe with a monthly Tesco £1 DD and occasional PayPal or little used credit card payments

My 2 PayPal test payments were received today to one of my Vantage a/cs (sent 13th - DD appeared v quickly). Other a/c sent 14th, nothing yet and no DD appears either, (or for Saga).

hamski

Can someone tell me if I have £6000 in my 3 vantage accounts now will I recieve 4% from today,I have set up required 2 dd for each account with 2 tesco accounts opened yesterday but they have not appeared on my lloyds accounts. Thanks

shadowdog

I have a Santander esaver and was looking to set up direct debit to this account from my vantage accounts.Santander tell me that if I want to transfer money from lloyds to Santander I must set up a standing order,does any know how I may set up a direct debit from lloyds to Santander ?

innovate

hamski wrote: »

Can someone tell me if I have £6000 in my 3 vantage accounts now will I recieve 4% from today,I have set up required 2 dd for each account with 2 tesco accounts opened yesterday but they have not appeared on my lloyds accounts. Thanks

You will get up to 4% AER between now and 31/12/2013 on each of your Vantage accounts provided that

1. you have 2 DDs on each of the accounts by 31/10/2012
2. you have confirmation from Lloyds that you have been upgraded to the 4% offer on each of the accounts
3. you have between £5000 and £6000 in each of the accounts

The interest gets calculated daily and will be added to each of your accounts monthly.

If you have met above pre-reqs but your balance drops below £5K in any account at any time, you will get the lower interest rate (see Lloyds website for details) for that account.

If you do not have 2 DDs on an account by 31/10/2012, or do not have confirmation from Lloyds that you have been upgraded, you will not get the 4% on that account, even if your balance is between £5K and £6K.

innovate

shadowdog wrote: »

I have a Santander esaver and was looking to set up direct debit to this account from my vantage accounts.Santander tell me that if I want to transfer money from lloyds to Santander I must set up a standing order,does any know how I may set up a direct debit from lloyds to Santander ?

You need to fill in this form http://www.santander.co.uk/csgs/StaticBS?blobcol=urldata&blobheader=application%2Fpdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1223418328231&cachecontrol=immediate&ssbinary=true&maxage=3600
and send it with a "statement" from your Lloyds account (to prove you are the account holder) to the address on the form.

I had originally sent that form without statement since I ain't got a statement - - just to have it returned by Santander with a request for the statement.....I have sent it off again yesterday with a print of the online view of my Lloyds account, and a cheque for £1, drawn from the Lloyds account concerned. Luckily, I had requested a cheque book for that account a week ago - - normally don't have any cheque book. I have yet to hear back from Santander but am confident they will set up the DD now

xxdeebeexx

A bit off topic, but... the Bank of Scotland have a Vantage account too, very similar to LTSB, has any one got one of these too?

dx

exel1966

Pretty much the same as the 'old' Lloyds Vantage. Maybe if they change to the new they'll be another avenue for opening more accounts and making the most of the 4%

innovate

WOW - - - £36K @ 4% AER.... now that would be awesome, even if it lasted just for a year.....

savetilibleed

xxdeebeexx wrote: »

A bit off topic, but... the Bank of Scotland have a Vantage account too, very similar to LTSB, has any one got one of these too?

dx

I guess this is because BoS, Halifax are part of the Lloyds Banking group. I noticed now that Halifax use the same logon method and when making payments to or from Halifax from Lloyds the transactions show as Transfers with the TFR code. I should imagine BoS are the same in their linking. Might be that they don't allow you to have a Vantage account if you have one with LTSB. Seem to remember Reward accounts with BoS and Halifax were limited.
Seems that other institutions linked, such as those in the Yorkshire BS group, so Barnsley and Chelsea offer identical accounts.

badger09

hamski wrote: »

Can someone tell me if I have £6000 in my 3 vantage accounts now will I recieve 4% from today,I have set up required 2 dd for each account with 2 tesco accounts opened yesterday but they have not appeared on my lloyds accounts. Thanks

innovate wrote: »

You will get up to 4% AER between now and 31/12/2013 on each of your Vantage accounts provided that

1. you have 2 DDs on each of the accounts by 31/10/2012
2. you have confirmation from Lloyds that you have been upgraded to the 4% offer on each of the accounts
3. you have between £5000 and £6000 in each of the accounts

The interest gets calculated daily and will be added to each of your accounts monthly.

If you have met above pre-reqs but your balance drops below £5K in any account at any time, you will get the lower interest rate (see Lloyds website for details) for that account.

If you do not have 2 DDs on an account by 31/10/2012, or do not have confirmation from Lloyds that you have been upgraded, you will not get the 4% on that account, even if your balance is between £5K and £6K.

Just to add to what innovate has said

You have to ask for this 4% to be applied. You can do this by phone or by visiting branch (UGH is my experience :eek:) You won't get 4% automatically just because you meet all the requirements -that would be too simple