Lifetime of Loughborough Regular Savers+ ?

Jim_B_3

Does anyone recall the lifetime of the now withdrawn LBS regular savers+ account? It's the one with the monthly cap of 250 pounds. I can't find a reference in the blurb they sent me to how long the account lives for and what happens at the end of the term.

oldfella

there isnt one - just a rate promise until 2009 or 2010

Old_Slaphead

Very good deal for 24 months - I've then bookmarked it for review

bristolleedsfan

Jim_B wrote: »

Does anyone recall the lifetime of the now withdrawn LBS regular savers+ account? It's the one with the monthly cap of 250 pounds. I can't find a reference in the blurb they sent me to how long the account lives for and what happens at the end of the term.

rate guarantee is 2.5% above base rate until end of march 2009.

a payment can be made in march 2008 even if this appears to be a "13th " payment.

changes to monthly payments can be made on anniversary of the account, loughborough like to receive written notice of any changes to monthly payments.

around end of march 2009 it will be a case of watching to see what rate loughborough apply to the reg saver + account and whether they offer any "loyalty" accounts in order to keep the funds.