Lloyds Classic Vantage

mrchagle

Hi there

I opened my first Lloyds Classic Vantage account to take "advantage' of the 4% interest.

When I go to open another one online from the Internet banking from within my account I get :

"Sorry, we can't offer you a secondary current account."

Does this happen to anyone else? Is it suggest I try opening an account over the phone or in-branch?

Thank you

MoneySaverLog

It means there is a block on a second account, probably as a result of you just joining them. You could try in branch or on the phone to see what they say.

Just attempted to open a 4th/5th vantage account online as it would let me on Thursday after hearing others being successful in getting this number of vantage accounts.

Got a text yesterday saying they wanted more information, when I called up they wanted to know how long I had been at my current address, they should know this! Also said I'd get a letter in the post with a decision, nothing appearing on internet banking yet so think it's not going to happen unfortunately.

Going on past performance these vantage accounts often pay more interest than their savings accounts hence why I like them so much.

mrchagle

I did look at LLoyds savings -- Utter rubbish interest rates compared to other institutions - hence why so many people (as you say) go for the Vantage current account.

opinions4u

mrchagle wrote: »

I did look at LLoyds savings -- Utter rubbish interest rates compared to other institutions

While I wouldn't touch them with a barge pole, they usually fare quite favourably against their traditional competitors such as Nat West, Barclays, HSBC.

BugsyBrowne

At the end of the day customers who save with banks are earning peanuts and making way for the bonus's for the big fish while this country is in an economical utter mess and until the gorvernment do something about it Or the country's growth shoot up savers are getting the p*ss ripped out of them.

3 or 3.5% in a savings account what the hell is that all about its terrible.

expatasia

BugsyBrowne wrote: »

customers who save with banks are earning peanuts and making way for the bonus's for the big fish

savers are getting the p*ss ripped out of them.

3 or 3.5% in a savings account is terrible.

Indeed, suggested alternatives please

BugsyBrowne

expatasia wrote: »

Indeed, suggested alternatives please

Unfortunately none and its going to continue this way with the banks making millions while customers get sh*t on.