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LLoyds club account question
lindos90
Posts: 3,211 Forumite
Is this the place to ask about current accounts please?
I just have a quick question about the club lloyds account. I have three vantage accounts (one joint) and thinking of making at least one of them a club account but want to make sure I dont pay the £5 monthly fee.
I have read online but just not sure about the wording for one of the conditions
"Having a Club Lloyds current account is free if you pay in £1,500 a month, otherwise it costs just £5 per month." Does anyone know if this has to be paid in from an external source such as wages or account at another bank, or can it be just a manual transfer or regular standing order from one LLoyds account to another?
The other main term seems 'at least 2 DDs' which i can manage easily as one of the accounts is basically just set up to deal with all our DDs, think theres about 12 of them!
Sorry if it seems a daft question, just wanted to make absolutely sure before clicking to upgrade.
I just have a quick question about the club lloyds account. I have three vantage accounts (one joint) and thinking of making at least one of them a club account but want to make sure I dont pay the £5 monthly fee.
I have read online but just not sure about the wording for one of the conditions
"Having a Club Lloyds current account is free if you pay in £1,500 a month, otherwise it costs just £5 per month." Does anyone know if this has to be paid in from an external source such as wages or account at another bank, or can it be just a manual transfer or regular standing order from one LLoyds account to another?
The other main term seems 'at least 2 DDs' which i can manage easily as one of the accounts is basically just set up to deal with all our DDs, think theres about 12 of them!
Sorry if it seems a daft question, just wanted to make absolutely sure before clicking to upgrade.
0
Comments
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Helpful answer: internal transfers are fine.
Less helpful answer: don't rely on random internet strangers, check out the official Ts & Cs!0 -
Santander funding condition...
...and from Nationwide...Santander wrote:Fund the account with at least £500 a month (excludes internal transfers).
...and from Halifax...Nationwide wrote:You must pay in £1,000 per month (excluding internal transfers) to get this rate.
...and from TSB...Halifax wrote:Get a £5 reward, when in each month you pay in £750 or more
As has been said many times on here, it's just as important to understand what the T&Cs don't say as it is to understand what they do say.TSB wrote:Pay in min £500/month
So what's your view on Lloyds now?0
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