New Lloyds Club current account

skybluesaver

Spoke to Lloyds customer services advisor today & asked if they could give any info on the soon to be released LLoyds Club account.
Was told the following:

Would have to be funded with £1500 a month or there would be a fee of £5.

2 Direct debits would have to be set up on the account.

There would be a linked savings account with bonus interest rates for 12 months.

Tiered interest up to £5000.

Special offers on magazine subscriptions & other deals.

I asked the advisor if he could tell me what the interest rates would be & he said that info wasn't available.

All in all i wasn't really overwhelmed with what he told me but lets hope it offers some fab interest rates for account holders.

reclusive46

Can't say I'm overwhelmed either. Wonder when this will be released and what the interest rates will be.

Archi_Bald

According to another thread about this account, it's been slated for March 22 (this Saturday).

simax

I'll stick with my Nationwide FlexPlus thanks

System

Is it to replace Vantage?

Hominu

Heng_Leng wrote: »

Is it to replace Vantage?

I'd imagine so, unless you already have such an account.

jonesMUFCforever

Yes my understanding is that Vantage accounts for new accounts will be withdrawn when club Lloyds starts.
Any existing Vantage accounts will be ok - but for how long?

skybluesaver

I opened a 2nd Vantage account today before they got rid of them with the introduction of Lloyds Club

GingerFurball_2

skybluesaver wrote: »

Spoke to Lloyds customer services advisor today & asked if they could give any info on the soon to be released LLoyds Club account.
Was told the following:

Would have to be funded with £1500 a month or there would be a fee of £5.

2 Direct debits would have to be set up on the account.

There would be a linked savings account with bonus interest rates for 12 months.

Tiered interest up to £5000.

Special offers on magazine subscriptions & other deals.

I asked the advisor if he could tell me what the interest rates would be & he said that info wasn't available.

All in all i wasn't really overwhelmed with what he told me but lets hope it offers some fab interest rates for account holders.

He missed out the discounted mortgage part.

SurfKing

Any word on whether Bank of Scotland's Vantage offer is being replaced too?

InsideInsurance

Archi_Bald wrote: »

According to another thread about this account, it's been slated for March 22 (this Saturday).

Saturday would be a fairly odd day to do any financial product launch