Lloyds Vantage Accounts

FLAPJACK

Deutsch.

You can open 3 individual accounts in your name...I have.

exel1966

BugsyBrowne wrote: »

Oh yeah £500 is not to be sniffed at but 18k is a hell of a lot cash to put away for an average weekly wage for a year.

What's wrong with 4.5% 4 year fixed.

0.5% extra to tie your money up for four years!!!!

I think most would rather have 4.00% and have unlimited immediate access without any penalties whatsoever.

whenIretire

Gromitt wrote: »

Completely the opposite to what I was told then - everyone stays on the 3% 'tariff' unless they request the 4% one, after which they place a 'token' on your account to state your eligibility and the system updates your account overnight.

Obviously there is some confusion somewhere, as the people who have requested the 4% will also (apparently) be receiving a letter stating such, along with a copy of the T&Cs.

Well, I've phoned back today and the advisor I spoke to said that the account does need to be updated (so am now on hold waiting to speak to the relevant dept).

Good job I didn't just take the word of the first advisor I spoke to on Monday else I would have transferred another £1000 in and then got no interest because I'd gone above the £5k mark.

As I've been typing I'm off hold and it's all been sorted and updated.

BugsyBrowne

exel1966 wrote: »

0.5% extra to tie your money up for four years!!!!

I think most would rather have 4.00% and have unlimited immediate access without any penalties whatsoever.

Immediate access to £500 things must be tight!!

Andystriker

BugsyBrowne wrote: »

Surely theirs got to be better saving accounts out there then sticking 18k into 3 vantage accounts for around £500 interest it's a pi*s take really if you look at it.

Yes £500 is £500 but it won't even buy a family holiday to butlins.

I suppose it depends on if you think its worth it.

I spent a morning last week opening two regular savers paying 5% Gross at 2 different Building Societys.

It was an 85 mile round trip for me for £240approx net interest.

Was it worth it? I thought so.

BugsyBrowne

Andystriker wrote: »

I suppose it depends on if you think its worth it.

I spent a morning last week opening two regular savers paying 5% Gross at 2 different Building Societys.

It was an 85 mile round trip for me for £240approx net interest.

Was it worth it? I thought so.

To some it would defiantly be worth it but I really don't think I would miss not having a fiver a week TBH.

But agree to many people it's worth it.

innovate

BugsyBrowne wrote: »

Immediate access to £500 things must be tight!!

It's immediate access to up to 3 x £6K, incl any accrued interest.

BugsyBrowne wrote: »

To some it would defiantly be worth it but I really don't think I would miss not having a fiver a week TBH.

But agree to many people it's worth it.

Some people work on the premise that a fiver here and a fiver there and a couple of hundred elsewhere etc etc all add up.

exel1966

BugsyBrowne wrote: »

Immediate access to £500 things must be tight!!

Immediate access to £18K, they're not so tight after all !

BugsyBrowne

exel1966 wrote: »

Immediate access to £18K, they're not so tight after all !

I am a tw*t forgot about the 18k.

MABLE

Bugsybrowne is a new boy to Lloyds and still finding his way around.
Don't be too hard on him!