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Club Lloyds current account interest

adonis10
adonis10 Posts: 1,810 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
in Savings & investments
Usually goes in 1/2 of month, 6th and nothing. Anyone else not received may's interest?
«1

Comments

  • colsten
    colsten Posts: 17,597 Forumite
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    When were your 2 DDs last paid?
  • adonis10
    adonis10 Posts: 1,810 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    colsten wrote: »
    When were your 2 DDs last paid?

    You've cracked it! Just checked and it would appear that my home insurance dd misses a month because it has recently renewed, therefore no DD in April. Very, very annoying!
  • badger09
    badger09 Posts: 11,713 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    adonis10 wrote: »
    You've cracked it! Just checked and it would appear that my home insurance dd misses a month because it has recently renewed, therefore no DD in April. Very, very annoying!

    You could set up one or two Tesco savings accounts, with DDs from Club Lloyds so this never happens again ;)
  • adonis10
    adonis10 Posts: 1,810 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    badger09 wrote: »
    You could set up one or two Tesco savings accounts, with DDs from Club Lloyds so this never happens again ;)

    Haha, I will do when I get more money!

    For now, I've transferred my broadband dd as a backup as I'm bound to forget in future!
  • badger09
    badger09 Posts: 11,713 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    adonis10 wrote: »
    Haha, I will do when I get more money!

    For now, I've transferred my broadband dd as a backup as I'm bound to forget in future!

    Even if you need 2 DDs, you can do it for £2 per month. And the money taken by DD is still yours ;)
  • adonis10
    adonis10 Posts: 1,810 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    badger09 wrote: »
    Even if you need 2 DDs, you can do it for £2 per month. And the money taken by DD is still yours ;)

    Ha yes, this is true. I just can't be bothered with the hassle for the sake of 2 quid a month! Got my mobile and broadband dd's from this account now and they'll go every month so I'm all good!
  • badger09
    badger09 Posts: 11,713 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 6 May 2015 at 3:17PM
    adonis10 wrote: »
    Ha yes, this is true. I just can't be bothered with the hassle for the sake of 2 quid a month! Got my mobile and broadband dd's from this account now and they'll go every month so I'm all good!


    [STRIKE]If you had the full £20k or thereabouts in the account and missed a DD, you would have lost approx £40 interest :([/STRIKE]


    edit: I got carried away - thinking about Santander 123
    substitute £5k & £13 :o

    Obviously, its your decision though.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    badger09 wrote: »
    If you had the full £20k or thereabouts in the account and missed a DD, you would have lost approx £40 interest :(
    £5K and £13 surely?
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    adonis10 wrote: »
    Got my mobile and broadband dd's from this account now and they'll go every month so I'm all good!
    And presumably they're set not too close to the end of the month?
  • adonis10
    adonis10 Posts: 1,810 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    badger09 wrote: »
    If you had the full £20k or thereabouts in the account and missed a DD, you would have lost approx £40 interest :(

    Obviously, its your decision though.

    5k is the max that they pay interest on. Hindsight is wonderful but all I can do is ensure it doesn't happen again, and I've done so by adding another dd.

    £13 wasted, but hey ho, I've wasted much more than that in the past!
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