Does anyone else love 'Save the Change' at LloydsTSB? :-)

opinions4u

stclair wrote: »

Why other banks don't do it ill never know its a great concept.

Bank of Scotland do!

http://www.bankofscotland.co.uk/bankaccounts/help/save-the-change/

uzubairu

I have that facility on my Vantage accounts but I don't use it any more as I too use cashback/loyalty credit cards.

I do a weekly sweep of my current account and round it down to the nearest tenner every Friday. More effort than Save The Change, but a lot better interest rate.

ognum

this facility was available on a current account I had with Bank of America at least 10 years ago. It's taken a while it get here.

daveb5

i read about this in another post but my bank doesnt do it so every couple of days i round down to the nearest tenner like someone else said...kinda the same i suppose but i like the idea of a bit of a surprise when i check it after a couple of weeks:D

G_M

???????

If I want to save, I'll save! When I want to move money between my accounts, I'll move it.

To me this is just a pointless gimmic.

Might as well set up a monthly Standing Order or whatever.

But whatever turns you on!

opinions4u

ognum wrote: »

this facility was available on a current account I had with Bank of America at least 10 years ago. It's taken a while it get here.

It's been going for several years here.

When it was launched they used to double the value of the change saved.

stclair

opinions4u wrote: »

Bank of Scotland do!

http://www.bankofscotland.co.uk/bankaccounts/help/save-the-change/

Is that because they use the same system as Lloyds TSB?

stclair

I am also surprise they do not advertise the service in their commericals.

opinions4u

stclair wrote: »

Is that because they use the same system as Lloyds TSB?

I would assume so. Although Halifax don't do the same!

Stompa

G_M wrote: »

If I want to save, I'll save! When I want to move money between my accounts, I'll move it.

To me this is just a pointless gimmic.

I must admit I agree!