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55x more interest on Lloyds E-Savings Account

Hi all,

The other day I came across a simple form that increased the interest from my Lloyds E-Savings account from 0.01% to 0.55% that I wanted to share!

Unfortunately, as a new user I cannot post the direct link but if you Google:
lloyds convert existing savings account
It's the top result

It took 2 mins to fill in and within 5 working days my accounts interest had grew massively!


It looks like it could also work for Club Lloyds and Easy saving accounts too but I haven't tried them.

Please note that even with the updated interest rates these aren't market beating but certainly make it much better than what it otherwise would have been.

Thanks,
Rory

Comments

  • jimjames
    jimjames Posts: 18,977 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If you put your money in Nationwide Flexdirect you'll get 10x more interest still, 5% vs your 0.55%.

    There are many, many accounts that pay way more than 0.55% so it really isn't a great deal that your getting although obviously better than 0.01%.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • kingrulzuk
    kingrulzuk Posts: 1,330 Forumite
    roryalbon wrote: »
    Hi all,

    The other day I came across a simple form that increased the interest from my Lloyds E-Savings account from 0.01% to 0.55% that I wanted to share!

    Unfortunately, as a new user I cannot post the direct link but if you Google:

    It's the top result

    It took 2 mins to fill in and within 5 working days my accounts interest had grew massively!


    It looks like it could also work for Club Lloyds and Easy saving accounts too but I haven't tried them.

    Please note that even with the updated interest rates these aren't market beating but certainly make it much better than what it otherwise would have been.

    Thanks,
    Rory



    Are you having a laugh
    What happens if you push this button?
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    OP, you should become a tabloid press journalist. Making a huge headline from a badly researched non-story is a unique ability. The Daily Mail would probably pay you a royal salary.
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