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Club Lloyds Current Account

isingh1
isingh1 Posts: 51 Forumite
Fifth Anniversary 10 Posts Combo Breaker
edited 17 February 2015 at 5:21PM in Budgeting & bank accounts
Hi guys,

Just wanted to know about the monthly pay-in amount for the Club Lloyds. I know it needs to be £1,500 per month, but does this have to be put in at once or can it be done in bits, i.e. £1000 in day 1, £500 in day 2.

or £500 in day 1, day 2, day 3 etc.

Or even £500 into the account, then out 3 times
So in affect using the same £500?

Thanks :)

Comments

  • Whatever is convenient for you. I suspect that £1 X 1500 would be OK, if you have the patience :)
    Are you for real? - Glass Half Empty??
    :coffee:
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's a current account first and foremost, not a savings account.
    They'd like you to pay your income in, but don't insist on it.
    If they insisted on one payment only, that would exclude many millions of weekly paid people.
    Do you really think they'd want to do that?
  • isingh1 wrote: »
    Hi guys,

    Just wanted to know about the monthly pay-in amount for the Club Lloyds. I know it needs to be £1,500 per month, but does this have to be put in at once or can it be done in bits, i.e. £1000 in day 1, £500 in day 2.

    or £500 in day 1, day 2, day 3 etc.

    Or even £500 into the account, then out 3 times
    So in affect using the same £500?

    Thanks :)


    hi.
    i opened the same account only yesterday & the bank manager was very helpful & did stress to me that the £1500 can be paid in over the month in what ever amounts you want or afford, as long as you get to the £1500 , & once recieved you can then transfer back out again, i hope this helps you.
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