Club Lloyds and BOS dropping rates to 1.5% on 1st July

MiserlyMartin

The attack on savers and cash continues. Banging head against wall....

Herbalus

MiserlyMartin wrote: »

The attack on savers and cash continues. Banging head against wall....

Why the long face. Tsb are putting their rate up. :beer:

Beer all round!

colsten

adindas wrote: »

I wonder without instant access account wih reasonable amount of balance, how could you feed many RSAs regularly without hassle and risking your account tobe overdrawn if you are not carefull??

The money I currently have in BoS isn't used for Regular Savers

slopemaster

Finally got my letter.
I actually use the Club Lloyds as my main a/c now so I won't be closing it, but opened a Tesco one to put 3000 of the money in.

PS thanks for tip on airport lounges
(but it doesn't work for me, you have to have a smartphone)

AirlieBird

slopemaster wrote: »

PS thanks for tip on airport lounges
(but it doesn't work for me, you have to have a smartphone)

Do you? I'll take your word for it as I've never used it, but the FAQs suggest you can print it off.

ValiantSon

MiserlyMartin wrote: »

The attack on savers and cash continues. Banging head against wall....

The attack? It's nothing personal.

where_are_we

"I was going to move the £5000 from all three accounts to my ISA paying 1.65%. But should I keep one going just to use should a good switching deal come along?"
I will keep one of my three accounts open because you need one to benefit from the BOS Regular Saver £250 for 12 months at 2.5%. I have cancelled all £1000 in/out standing orders and all the Tesco Direct Debits and left a small balance. This means I lose the "Vantage" status and the account goes to an ordinary "Classic Account", but this is still a valid account for Regular Saver conditions.
Yes - it is a reasonable idea to keep one for a switching bonus but you will usually need two direct Debits to be active.

bluehydrangeas

The Nationwide Loyalty ISA was withdrawn earlier this week. Are there any alternatives that can beat the 1.5% offered by BOS? At the moment I've no plans to close any of my Vantage accounts.

eskbanker

adindas wrote: »

Mind to share which cash ISA is paying 1.65%.

You're asking the wrong poster, the one you quoted was actually quoting post #89 from Spanishsunawaits (albeit doing so without using the forum's post-quoting feature)....

typistretired

Coventry Building Society Reward ISA pays 1.65%. It is a loyalty ISA so not open to everyone.