What will the new TSB mean for existing LLoyd's customers?

Fortyfoot

matttye wrote: »

Rather annoyingly the branch where I opened my account is moving to TSB, but the branch I usually use isn't. I'll have to start going to the new TSB branch which is out of the way and further from work.

Also annoying how, if I want to stay with Lloyds, I have to open a new account with them and migrate everything over. Shouldn't it be pain-free to stay with my current bank?

I use Santander for my main current account; just use Lloyds for my emergency account. It's the principal that bothers me though.

I am in the same situation. Rang the Lloyds I use and said if I had to cancel and reopen accounts I would move to Halifax bank.

"Just a minute"

30 seconds later,

"I have spoken to the manager and we will do the transfer for you."

Evidently there is a number to ring re this situation but the branch I use are doing it for me.

Fortyfoot

10_66

liamcov wrote: »

Does anyone know if you don't get the 5% interest on a second FlexDirect account, do you get any interest at all or nothing?

I've got 4 and get 5% interest on all of them, their t&c's say that you're only guaranteed to get the 5% on one of them, but many on MSE have opened more than the one and are receiving the 5% on all of them.

Dave1979

opinions4u wrote: »

I hope the new TSB can be more innovative than Lloyds.

Lloyds is a bit ... well, dull.

They seem to have spent four years sending Halifax backwards in time and now seem to be trying to recreate the various bits of functionality they took away.

Getting rid off all the great modern HBOS IT systems and spending millions and years moving it to the archaic Lloyds ones. Like a big p*ssing contest. Now most of the old Lloyds heads are gone they will be having trouble unwinding that - more patches and complexity!