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Club Lloyd’s and Bank of Scotland Rate Change
Spanishsunawaits
Posts: 86 Forumite
I have accounts with both at the current 2%. Just wondering what people on here are going to do when the rate changes to 1.5% in July?
I’m tempted to keep the Lloyds one and open their monthly saver, the £400 per month one, and then drip feed the £400 per month from the current account to the savings one.
But what to do about my 3 Bank of Scotland ones?
Thanks.
I’m tempted to keep the Lloyds one and open their monthly saver, the £400 per month one, and then drip feed the £400 per month from the current account to the savings one.
But what to do about my 3 Bank of Scotland ones?
Thanks.
0
Comments
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Already being discussed here...
https://forums.moneysavingexpert.com/discussion/5827731/club-lloyds-and-bos-dropping-rates-to-1-5-on-1st-july0 -
Thank you. Some good points there. I think I will move the £15K from BoS to my Coventry BS ISA which is currently at 1.65% and keep the Lloyds but drip feed into the savings account as I can still benefit fro the Gourmet Society membership which I do use quite a lot.
My plans at the moment, I think!0 -
Spanishsunawaits wrote: »I have accounts with both at the current 2%. Just wondering what people on here are going to do when the rate changes to 1.5% in July?
I!!!8217;m tempted to keep the Lloyds one and open their monthly saver, the £400 per month one, and then drip feed the £400 per month from the current account to the savings one.
But what to do about my 3 Bank of Scotland ones?
Thanks.
You can also have the Lloyds 2.5% monthly saver (£250) as well as the £400 a month one.Spanishsunawaits wrote: »Thank you. Some good points there. I think I will move the £15K from BoS to my Coventry BS ISA which is currently at 1.65%
I will be moving mine into my Coventry BS ISA, but mine is only 1.35%. I wish I'd kept a small amount in my original Isa there, as I was not able to open one for ages. Learned my lesson now
frogletinaNot Rachmaninov
But Nyman
The heart asks for pleasure first
SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅0 -
I am also thinking of switching away my Vantage account, however there is the 2.5% BoS regular saver to consider...is it only available for Vantage customers?0
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Perhaps we can keep discussion to the original thread to which YorkshireBoy has kindly provided a link?YorkshireBoy wrote: »Already being discussed here...
https://forums.moneysavingexpert.com/discussion/5827731/club-lloyds-and-bos-dropping-rates-to-1-5-on-1st-julyDid you really mean to put loose?
Lose: no longer possess, not to retain, unable to find
Loose: not firmly or tightly fixed in place0
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