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Re: Club Llloyds - year up?

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I'm coming up to the end of my first year with Club Lloyds. Does anyone know whether the interest just rolls over into another year a the same rate. Or does it drop and does one need to open another Club Lloyds to get the same benefits.
I had a quick look in the terms and conditions but could not find it.
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Comments

  • ColdIron
    ColdIron Posts: 9,846 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    Are you talking about the Club Lloyds current account or the Club Lloyds Monthly Saver? If the latter you can just open a new one and start again
  • System
    System Posts: 178,349 Community Admin
    10,000 Posts Photogenic Name Dropper
    What you can't unfortunately do is move the year's worth of savings into the new monthly saver, so you only get the higher interest rate on new savings.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • pearl123
    pearl123 Posts: 2,082 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Sorry I mean Club Lloyds current account.
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    There is nothing to do on anniversary. The terms stay the same until Lloyds tell you that they change.
  • pearl123
    pearl123 Posts: 2,082 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Thank you.
  • block10
    block10 Posts: 221 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    It might be time to pick a new free lifestyle benefit though, as these are annual.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i thought you must mean the Monthly Saver, which comes to an end, but yes, the Club Lloyds Current Account just rolls on, with a new 'Lifestyle Benefit'--still waiting for our first cinema tickets;)
  • Mee
    Mee Posts: 1,484 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Has anyone received the renewal email for CL current account and selected cinema vouchers again. I did this last week, but I haven't received anything yet. Last year I received the vouchers instantly in an email.

    Thanks
    Free thinker.:cool:
  • numbers123
    numbers123 Posts: 47 Forumite
    Mee wrote: »
    Has anyone received the renewal email for CL current account and selected cinema vouchers again. I did this last week, but I haven't received anything yet. Last year I received the vouchers instantly in an email.

    Thanks

    I received the email exactly one month before my current vouchers expire. I would expect that I would receive the next lot of vouchers close to/on the date of expiration of my current tickets.
  • B_G_B
    B_G_B Posts: 502 Forumite
    Mee wrote: »
    Has anyone received the renewal email for CL current account and selected cinema vouchers again. I did this last week, but I haven't received anything yet. Last year I received the vouchers instantly in an email.

    Thanks

    Received email on 2nd April. Applied that day online using new password. The following is copy / pasted from the screen at end of application.

    What happens now?
    Your Lifestyle Benefit will be sent to you after 02/05/2015. Please allow up to 21 days after that to receive your Gourmet Society membership or 5 working days for your cinema tickets. Magazine delivery dates may vary depending on your selection and may take up to 42 days. Digital versions will take up to 10 working days. You will receive an activation link by email from Hearst Magazines and full instructions on how to access your magazine through Apple Newsstand.
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