Simple Vote: Barclays Bank or Lloyds Bank

roadrunnertwozero15

But isn't Barclays a much bigger stronger company and if Barclays wanted to they could afford to buy Lloyds Banking Group.

Lloyds Banking Group however, would not be able to afford to buy Barclays. Barclays profit is much greater and they have greater assets.

masonic

roadrunnertwozero15 wrote: »

But isn't Barclays a much bigger stronger company and if Barclays wanted to they could afford to buy Lloyds Banking Group.

Lloyds Banking Group however, would not be able to afford to buy Barclays. Barclays profit is much greater and they have greater assets.

Why should anyone care about which is bigger and stronger, or which could afford to buy the other? Deposits up to £75k in both banks are equally safe. Only those buying the banks' shares need to be concerned about those other factors - and I wouldn't buy the shares of either bank right now.

roadrunnertwozero15

I own Lloyds and Barclays shares but don't know which one to plough more into

roadrunnertwozero15

Also I heard that the horse used in Lloyds adverts has been shot and processed into everyday value beef burgers for Tesco Stores Limited of Chesterfield

Paul_1977

roadrunnertwozero15 wrote: »

Also I heard that the horse used in Lloyds adverts has been shot and processed into everyday value beef burgers for Tesco Stores Limited of Chesterfield

Its safe and well, for the next three years at least.

http://www.horseandhound.co.uk/news/new-stallion-chosen-as-the-black-horse-for-lloyds-tsb-312076

edit: Just noticed that article is four years old.........

roadrunnertwozero15

I'm surprised by the outcome of this poll.

I thought Barclays would have scored far high based on many of their products being more feature rich.

Could people explain why they like Lloyds so much?

- Martin

vacheron

I'd keep Barclays for their great offset mortgage and my free English Heritage membership alone. Not much else they have to offer is even remotely competitive though. That said, I do have shares in them as I tend to be able to follow the way they move better than other banks.

Lloyds cancelled all my wife's accounts because of "suspicious activity" and even when we proved our innocence to their total satisfaction they apparently still had no option but to continue to close them, so Lloyds can go and rot as far as we are concerned!


----edit----

Biggles wrote: »

Enough of these stupid polls!

So far you've asked:-
Lloyds or Natwest?
Yorkshire, Lloyds, Natwest or Nationwide?
Barclays or Lloyds?

And I imagine they've all been inconclusive, as everyone wants something different from a bank and you have never said what you needed. There is no Right Answer, get over it.

The sooner they stop noobies from starting polls till they understand the forum the better.

I thought the forum was for people to ask questions and share opinions. I personally enjoyed contributing to this thread and reading the responses as, it appears, did many others.

If you don't like the subject or wish to answer the question, why post?

PS: I don't believe there is a rule regarding what you can and can't start a poll for, but I have seen plenty requests to be nice to newcomers. I don't think an abrupt response derogatively referring to them as a "noobie" to others in the third person quite meets this criteria.

agrinnall

roadrunnertwozero15 wrote: »

I'm surprised by the outcome of this poll.

It's probably because most people have no interest in feeding your fantasies.

Aquamania

chesky wrote: »

Ivebeen with Lloyds for over 30 years and, while I might moan about them now and then, by and large the experience hasn't been bad. My experience of Barclays however, totally different.
Had a current account with them in the 80s when I was bringing up two children on my own, working full time and paying a mortgage. Totally unsympathetic and unhelpful which is why I transferred to Lloyds.
Now I have a savings account with Barclays, due to the fact that they bought out ING who I was happy with. Barclays admin is total cr--p, their telephone people read from a script and hardly speak English, really bad customer support. Just general lethargy stops me from changing.

+1

I too have been with Lloyds for over 30 years, and whilst not ecstatic with them (and they may be getting worse), given the choice between them and Barclays, it's easy.

I have never willingly opened an account with Barclays since I remember the days they were effectively supporting apartheid in South Africa.

Over the years though, I have had accounts with Barclays, because Barclays have aquired other financial institutions e.g. Woolwich, Standrad Life Savings Bank, etc.

My experience with Barclays has been horrendous. From them threatening to close my account, and when I called their bluff and told them to go ahead, they promised they had ... but later it transpired they didn't. That matter ended up with the FOS as they refused to acknowledge they had done anything wrong - The FOS decided otherwise and ordered a compenstation payment.

They also were attrocious to deal with over my mortgage (which was originally from the Woolwich)
Never missed a payment in 25 years, and then as I tried to pay off what I owed, they were completely unhelpful and even started sending threatening letters telling us we were in official default with them ... after we had paid the mortgage off!

That complaint is still being reviewed by them. They know they have 8 weeks to respond and make you wait every day of those 8 weeks.
I wouldn't be surprised if that matter ends up on the FOS desk too later.

I've only got one account with them now, a business account they acquired. It's only got £10 in it and not been used since they acquired it probably about 7-8 years ago, yet they still pay interest every month, and I insist they send me a paper statement every month in the post.

Why don't I close it? Well I'm just wondering why they don't threaten to close it too (which I would agree to), but it seems like they only like closing accounts that are useful to you, and are actually used.

I can wait; it must be costing them a small fortune to service ...

roadrunnertwozero15

In Barclays Bank they have tv screens with BBC news channel on.

If you push hard on the screens they break.

Also if you force feed 2 Tesco clubcards into the cash machines it jams them and sends them out of service