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Lloyds Vantage advice please?

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Comments

  • MoneySaverLog
    MoneySaverLog Posts: 3,232 Forumite
    innovate wrote: »
    Three? try 24.

    That's just greedy :D
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    That's just greedy :D
    It would have been 25, if not for that unfortunate incident at the post office in Bury St Edmunds
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • Yorkie1
    Yorkie1 Posts: 11,799 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    pqrdef wrote: »
    It would have been 25, if not for that unfortunate incident at the post office in Bury St Edmunds

    :eek:

    Go on, I'll bite, you can't leave it there :D

    What happened? :p
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    yeah, what happened?
  • matttye
    matttye Posts: 4,828 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Debt-free and Proud!
    Been using it as a combined current and savings account for a while. Just opened a Santander 123 as my savings will go over the limit for the vantage account soon (+ I want the cashback).
    What will your verse be?

    R.I.P Robin Williams.
  • Diastolic
    Diastolic Posts: 7 Forumite
    edited 18 May 2013 pm31 12:47PM
    socrates wrote: »
    I never asked her at first I just said I want to open an account and her response was:-

    "As far as I know you can only earn 5% on one of these accounts"

    Thats when I got her to ask a supervisor

    Online seems to be the way forward

    3% on balances from £3000 to £5000, they ran a "super vantage" campaign in september-october last year, which was up to 4% on the balances, but that was only for a short amount of time.

    It's definitely 3 you can have with Lloyds and you can add vantage over the phone, for sure.

    Also have to have £1000 coming in p/month for the interest. (This doesn't need to sit in the account, simply need it coming in each month. Can move straight back out.)

    Also applies to BoS accounts.
  • socrates
    socrates Posts: 2,889 Forumite
    Diastolic wrote: »
    3% on balances from £3000 to £5000, they ran a "super vantage" campaign in september-october last year, which was up to 4% on the balances, but that was only for a short amount of time.

    It's definitely 3 you can have with Lloyds and you can add vantage over the phone, for sure.

    Also have to have £1000 coming in p/month for the interest.

    The £1000 needs to just circulate between accounts it does not need to come in externally as with other such accounts

    Also add BoS Vantage to this list - exactly the same accounts, same rates, same process
  • socrates wrote: »
    The £1000 needs to just circulate between accounts it does not need to come in externally as with other such accounts

    Also add BoS Vantage to this list - exactly the same accounts, same rates, same process

    Yeah, I personally just move my wage between all the accounts to get the interest. BoS is part of Lloyds banking group so yeah, that also applies.
  • Gromitt
    Gromitt Posts: 5,063 Forumite
    If your going to use BoS, open a Halifax Reward account first, then you'll get the £5 each month for the 1K in, then you can move it between all the BoS account as they'll appear on the same page as your Halifax Reward account.

    That is, you can then do Halifax -> BoS 1 -> BoS 2 -> BoS 3 as all internal transfers.

    So thats £35/month from HBOS, assuming you have 15K to stash.
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