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MSE News: Halifax and Lloyds to slash rewards and interest on flagship accounts

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Two of the country's best-paying current accounts will dramatically cut the interest and rewards they pay...
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'Halifax and Lloyds to slash rewards and interest on flagship accounts'

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'Halifax and Lloyds to slash rewards and interest on flagship accounts'

Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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The only way is up.
I mean down down deeper and down:)
Hmmmm
TSB isn't a small challenger bank here.
Never mind noticed it now..... sad.
People who keep less than £2k in a Club Lloyds account are getting their interest doubled. People who keep between £2k and £4k are not experiencing any change.
Debt free by Xmas 2014: £3555.67/£4805.67 (73.99%)
Debt free by Xmas 2015: £1250/£1250 (100.00%)
Would it be too much to expect that, since it has not been mentioned, that nothing is changing (for the time being)?
It's only just changed in September (2 direct debits required). That'll be why.
It seems banks no longer want or need to pay customers for their funds, yet are content to charge exorbitant sums if someone wishes to lend from them. Halifax charges £1 per day for an authorized overdraft which I wouldn't touch with a barge pole.
Is there something MSE is not telling us?