Lloyds Isa

runnersbeen

I took out a 2 year lloyds Isa last year but I have not received any interest as of yet, do you know when I will get the interest?
I have emailed them but not heard anything

Cpu2007

you will be paid at the end of the 24 months

opinions4u

Interest calculated on a daily basis and paid on anniversary of account opening and upon account maturity.

http://www.lloydstsb.com/savings/fixed_rate_cash_isa.asp

What date did you open the account?

(And have you considered topping it up with this year's tax allowance?)

MoneySaverLog

Interest is paid on the 12 month anniversary of opening the account and again at the end of 2 years.

Cpu2007

MoneySaverLog wrote: »

Interest is paid on the 12 month anniversary of opening the account and again at the end of 2 years.

but it says

Continued growth - at the end of the 24 month fixed rate period, your account pays interest at our Cash ISA Saver

badger09

Cpu2007 wrote: »

but it says

'Continued growth - at the end of the 24 month fixed rate period, your account pays interest at our Cash ISA Saver'


But you've quoted only part of that quote, and thereby sort of misquoted :eek:

What it actually says is:

'Continued growth - at the end of the 24 month fixed rate period, your account pays interest at our Cash ISA Saver (excluding bonus) rate currently paying 1.00% Tax free/AER variable. Tax treatment depends on your individual circumstances and may change.'

Meaning that at the end of the fixed rate period, the rate drops to that of their Cash ISA Saver, which is currently 1%.

DB_XIII

Have you made a deposit into the account during the last tax year? If not the ISA will have gone into Fallow status and will not acquire interest.

Cpu2007

badger09 wrote: »

'Continued growth - at the end of the 24 month fixed rate period, your account pays interest at our Cash ISA Saver'


But you've quoted only part of that quote, and thereby sort of misquoted :eek:

What it actually says is:

'Continued growth - at the end of the 24 month fixed rate period, your account pays interest at our Cash ISA Saver (excluding bonus) rate currently paying 1.00% Tax free/AER variable. Tax treatment depends on your individual circumstances and may change.'

Meaning that at the end of the fixed rate period, the rate drops to that of their Cash ISA Saver, which is currently 1%.

my bad ah - apologies