Lloyds bank current account

kingrulzuk

I'm thinking of opening Lloyds current account which pays in 4%
but I know I have to pay in £1500 every month or pay £5 fee.
my question is: can I transfer that money from BOS & TSB or does it have to from a different bank like nationwide or Tesco bank?




Thank you

eskbanker

Short answer: transfers from any bank are OK (including Lloyds itself)

Proper answer: read the account Ts & Cs to validate this for yourself (at the same time as familiarising with all the other account terms) rather than relying on anonymous strangers on the internet!

kingrulzuk

eskbanker wrote: »

Short answer: transfers from any bank are OK (including Lloyds itself)

Proper answer: read the account Ts & Cs to validate this for yourself (at the same time as familiarising with all the other account terms) rather than relying on anonymous strangers on the internet!

Thank you


I know BOS I can transfer from 1 account to another BOS account and get the interest, so Lloyds is the same

bigadaj

kingrulzuk wrote: »

Thank you


I know BOS I can transfer from 1 account to another BOS account and get the interest, so Lloyds is the same

Yes, also worth stating that this doesn't have to be in one go as it is a fairly large amount, three transfers of £500 each would meet the criterion as well.

kingrulzuk

bigadaj wrote: »

Yes, also worth stating that this doesn't have to be in one go as it is a fairly large amount, three transfers of £500 each would meet the criterion as well.

That's good to know Ta :beer: