Club Lloyds accounts

Trumpeter

OH & I have 3 x Club Lloyds accounts (2 x single & 1 joint) With the forthcoming changes regarding Tesco Bank DDs, we will not have enough direct debits to service all 3 accounts.

Would I be right in thinking that without the DDs, if we pay in the required £1500/month, we would still be entitled to the "lifestyle benefits" (ie, cinema tickets) without being liable for the £3/month account fees?

I don't mind losing the 2% interest as I can run the accounts at a lower level & make up most of the difference elsewhere.

badger09

Trumpeter wrote: »

OH & I have 3 x Club Lloyds accounts (2 x single & 1 joint) With the forthcoming changes regarding Tesco Bank DDs, we will not have enough direct debits to service all 3 accounts.

Would I be right in thinking that without the DDs, if we pay in the required £1500/month, we would still be entitled to the "lifestyle benefits" (ie, cinema tickets) without being liable for the £3/month account fees?

I don't mind losing the 2% interest as I can run the accounts at a lower level & make up most of the difference elsewhere.

Yes you are right. And what is more, you're still eligible for the Club Lloyds Monthly Saver & Monthly Saver:)

Trumpeter

badger09 wrote: »

Yes you are right. And what is more, you're still eligible for the Club Lloyds Monthly Saver & Monthly Saver:)

Thanks. That's sorted one headache. Just need to find out how many other accounts I can salvage!