Club Lloyds £5 Fee then Waved

I am with Club Lloyds and met all the requirements last month however looking at my statement there was the £5 charged but then also returned and marked "waved" on the same day.

I cant work out why this is, if it was a mistake then thats fine. However if I didnt meet the requirements somewhere and they just waved it this one time then I would need to know what went wrong.

Has this happened to anyone else?

Thanks

Comments

  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    It's not a mistake, it is working as designed. Everybody gets charged the £5, and those that qualify for the waiver then get a £5 credit on the same day.
  • ajo
    ajo Posts: 138 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Archi_Bald wrote: »
    It's not a mistake, it is working as designed. Everybody gets charged the £5, and those that qualify for the waiver then get a £5 credit on the same day.

    Ahh ok, thanks.

    This confused me as this didnt happen on the first month, but maybe they took that it was my first month into account. Although I did still get the full interest for that month.

    Thanks for clearing this up.
  • MABLE
    MABLE Posts: 4,220 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ajo wrote: »
    I am with Club Lloyds and met all the requirements last month however looking at my statement there was the £5 charged but then also returned and marked "waved" on the same day.

    I cant work out why this is, if it was a mistake then thats fine. However if I didnt meet the requirements somewhere and they just waved it this one time then I would need to know what went wrong.

    Has this happened to anyone else?

    Thanks

    There was no need to start new thread. If you had taken the trouble to search the forum you would see it has been well documented and your questions would have been answered. Doh!
  • ajo
    ajo Posts: 138 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    MABLE wrote: »
    There was no need to start new thread. If you had taken the trouble to search the forum you would see it has been well documented and your questions would have been answered. Doh!

    I had searched im sorry... now I can see that others have asked by searching and looking through the threads more.
  • Andystriker
    Andystriker Posts: 595 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    MABLE wrote: »
    There was no need to start new thread. If you had taken the trouble to search the forum you would see it has been well documented and your questions would have been answered. Doh!



    And what harm have they done?


    Perhaps people can take the trouble to not reply to threads with sarcastic comments, if they can be bothered.


    ajo


    If you want to start a new thread, then you start one.
  • Lloyds_Bank
    Lloyds_Bank Posts: 377 Organisation Representative
    ajo wrote: »
    Ahh ok, thanks.

    This confused me as this didnt happen on the first month, but maybe they took that it was my first month into account. Although I did still get the full interest for that month.

    Thanks for clearing this up.

    Hi ajo,

    When a customer opens their Club Lloyds account part way through a calendar month, we don't charge a fee until the end of the following calendar month.

    On the fee itself, just to confirm what Archi Bald's said, it'll still be debited if you qualify for the waiver. The money will then be refunded to your account on the same day (before midnight).

    Thanks,

    Craig
    Official Company Representative
    I am the official company representative of Lloyds Bank. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE[FONT=&quot].

    [/FONT]The information I have provided in this post is correct as at the date of posting."
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    A wave for a waive thread :wave:
  • arsenalboy
    arsenalboy Posts: 455 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 9 July 2014 at 2:26PM
    MABLE wrote: »
    There was no need to start new thread. If you had taken the trouble to search the forum you would see it has been well documented and your questions would have been answered. Doh!

    There is no need to hijack somebody else's thread with sarcastic remarks. This thread attracted my attention whereas others hadn't.
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