New Lloyds Club current account

Richchad

typistretired wrote: »

You forgot to mention that the letter also states that

"from the 2nd July 2014 to continue to earn interest on the vantage accounts you must now pay two different direct debits from your account each month. This is in addition to staying in credit for the monthly billing period and paying in £1,000 or more per calendar month."

Yes, saw that on there website, not mentioned in the letter, so if you want to get just 1.5% you have to go through all the DD hoops again...:rotfl:

typistretired

It was in my letter under Changes to Direct Debit requirements.

Richchad

typistretired wrote: »

It was in my letter under Changes to Direct Debit requirements.

Oops just had another look and yes you are right it is in there...

I didn't read past the interest change first thing this morning as had another 7 or 8 envelopes to open from, Santander, Halifax & TSB, the downside of having so many accounts, still keeps my postmen employed...:D

badger09

Richchad wrote: »

Oops just had another look and yes you are right it is in there...

I didn't read past the interest change first thing this morning as had another 7 or 8 envelopes to open from, Santander, Halifax & TSB, the downside of having so many accounts, still keeps my postmen employed...:D

Don't forget to turn off paper statements for those TSB accounts

typistretired

And you probably weren't expecting them to introduce that condition when they are reducing their interest rates!!!

Richchad

badger09 wrote: »

Don't forget to turn off paper statements for those TSB accounts

Yes, thanks, already done..

Richchad

typistretired wrote: »

And you probably weren't expecting them to introduce that condition when they are reducing their interest rates!!!

Yes you are right, all a bit of a joke for 1.5%...

innovate

I'll be sad to empty those Vantage accounts on the 2nd of July, got quite fond of them over the years. But there is no way I'll leave any money in a 1.5% account. I have already started to shift some Vantage money into a Newcastle BHS account.

I am lucky to have a Nationwide account that pays 2%, and I'll use that from July onwards to drip-feed the remaining lot into the Newcastle.

Wammer

innovate wrote: »

I am lucky to have a Nationwide account that pays 2%, and I'll use that from July onwards to drip-feed the remaining lot into the Newcastle.

Is that the Flexclusive Saver 5 that replaced the Regular Saver when that came to an end? If it is, I also have that one open with £1 in it. Unfortunately I don't know the T&Cs for it and couldn't find them on the Nationwide website.

Do you know if there is a limit on it or any hoops to jump through to get the 2%?

TIA

innovate

Yes, Flexclusive saver issue 5. No limitations for deposits or withdrawals, no hoops. Just a plain simple savings account.