Upgrade to Club Lloyds, open other CA's elsewhere?

derelyth

jennifernil wrote: »

I thought as long as you had opened 1 account by the 13th, you could still open a second one?

I opened it on the 13th, unaware that the changes came in at midnight, so I'm stuck with one

jennifernil

Ah, I see, that's a shame. They didn't seem to give much warning of the changes. Without reading it on here I wouldn't have known.

derelyth

That's what got me - I applied, then read about it on here about 20 minutes later! Opened a Nationwide to compensate, but only good for a year which is a shame.

derelyth

I happened to be able to open a second TSB account, at no point did it complain to say I have one Sole account. Nationwide and Tesco #1 also opened. I'll open Tesco #2 either tonight or tomorrow and then finally upgrade to Club Lloyds (still sounds too lah-dee-dah to me!)

Then to work out how to fund them all, though because "Internal" transfers are allowed, I'm thinking:

Club <S/O £1000> Nationwide
TSB #1 <S/O £500> TSB #2
Tesco #1 <S/O £750> Tesco #1

And then the rest into a BoS #1 in due course

badger09

Once you've converted your Vantage to Club lah-dee-dah:p Lloyds, you might also consider the Club Lloyds monthly saver. Up to £400 pm @ 4%

badger09

YorkshireBoy wrote: »

You won't get any interest at Lloyds doing that. Can you work out why?

That was my first thought YB but having reread the thread OP is upgrading their current Vantage account which takes salary etc so presumably £1500 pm already being met

YorkshireBoy

badger09 wrote: »

That was my first thought YB but having reread the thread OP is upgrading their current Vantage account which takes salary etc so presumably £1500 pm already being met

Yes I spotted that fact hidden away in a post, so deleted my post...obviously not quickly enough!

badger09

badger09 wrote: »

That was my first thought YB but having reread the thread OP is upgrading their current Vantage account which takes salary etc so presumably £1500 pm already being met

YB

You're making me question my sanity. Thank goodness for the quote option

derelyth

Sorry for the confusion folks! I originally missed off that fact in my OP - Club will be my main account, with the Nationwide S/O roundtrip taking Inbound funding well over the requirement.