Lloyds removing Vantage from current accounts

talexuser

POPPYOSCAR wrote: »

Just out of interest why did you keep the Vantage and not change to Club?

Basically because there is never any money in it. Historically it is my mothers account under my power of attorney, all her pensions and isa income go into it and are immediately transferred to higher paying accounts for her care home fees. It is a relative hassle getting power of attorney, the Lloyds took 3 visits with different documents they could not tell me in advance over the phone!!, so it's kept just for the convenience of the DDs and SOs. If I could arrange things for greater interest than a few pence, I'd swap around again.

kar999

I will use this as an opportunity to take up as many incentives to switch as possible as each of our three vantage accounts have 2 active monthly Direct Debits.

(Already got Club Lloyds ).

planteria

only have Club Lloyds. why is anyone staying in Vantage? -because they have already filled Club Lloyds and others?

badger09

planteria wrote: »

only have Club Lloyds. why is anyone staying in Vantage? -because they have already filled Club Lloyds and others?

Yup.

Also I ran out of switching incentives as I had spare Nationwide Flex Directs as well as Lloyds Vantage:o

Very small balance in Lloyds Vantage though

Archi_Bald

planteria wrote: »

only have Club Lloyds. why is anyone staying in Vantage? -because they have already filled Club Lloyds and others?

I keep them in case any new switching offers come along. As long as Lloyds don't charge for empty accounts, I consider them dormant assets.