The Top Easy Access Savings Discussion Area

ColdIron

You'll find all the information you need in the T&Cs

Conditions to receive cashback

You need to pay a monthly account fee. (See page 5)
You need to pay in at least £500 a month.
You must have at least two Direct Debits set up.
Household bills to be paid by Direct Debits to organisations within eligible categories.

Harveys_2

I've opened up 2 Santander accounts. Just need to transfer the money in.

I've opened up tesco ones for direct debits...which ones should I open next...Lloyd's vantage?

Thank you

Ifts

Harveys wrote: »

I've opened up tesco ones for direct debits...which ones should I open next...Lloyd's vantage?

If you haven't already got one you could go for the Halifax Reward Current Account , you can use your Tesco accounts for the 2 DDs for this account too.

sparkyspark

Had the heads up today from a financial advisor at Lloyds that the Classic Vantage is being withdrawn sometime in March and will be replaced with a different current account as yet unknown.

The advisor is going on a course next week to learn about the new product/products and will keep me informed when he knows something more positive.

They also mentioned that in all likelihood the TSB Classic Vantage will also be withdrawn, whether the Bank Of Scotland Vantage will also follow suit, who knows.

I don't know any more than that but it is coming, so get your Vantage accounts while you can before the change.

innovate

sparkyspark wrote: »

They also mentioned that in all likelihood the TSB Classic Vantage will also be withdrawn, whether the Bank Of Scotland Vantage will also follow suit, who knows..

TSB account is called "Enhance"

Thank you for the heads up - sounds like last orders for anyone not yet fully equipped.

AlwaysLearnin

I wonder if they'll be looking to amend the terms/rates of existing accounts?

innovate

We shall find out before long, no doubt.

SevenOfNine

Might explain why our local Lloyds called just the other day to 'mention' to my hubby that he could have 3 Vantage a/c's, (he only has 1, I have 3).

Though they often call when I'm shifting money in/out (probably think we're money laundering), they've never called to push a/c's before, we both thought it was odd.

Chjaka

Similarly, I was in a branch of TSB over the weekend to open our final two Enhance accounts. The rather chatty assistanst was under the impression that TSB were about to launch a new current account product that had been billed to them as a 'market changer'.

They'd had very few details but expected the new accounts to be launched some time in March and would replace the Enhance accounts (hopefully remaining open for at least 24 months to existing customers).

Not sure how much, if any, truth there is in it but it does seem to tally.

sparkyspark

Called into the local Lloyds branch and they confirmed the new account is to be called "Club Lloyds" and is a current account which this time will need direct debits etc, and as of now they don't know how the interest rate will be structured or anything else on how the account should/will be operated.

The current Vantage account interest rates as far as they know will stay the same, and again all this will happen in either March or April 2014, the date has not been clarified for the final transition for either the withdrawal of the Vantage and the start of the Club Lloyds.

Also called in my local TSB branch and saw the financial advisor who set up my enhance accounts, she said they have had no instructions about the withdrawal of their enhance account, and no new current accounts are on the agenda at this time as far as they know. Although I do tend to agree with Chjaka, I think something is in the pipeline it's just not common knowledge yet. She did mention the final split between the Lloyds and TSB is in March 2014 and maybe that's why Lloyds are restructuring their accounts. Time will tell!

If you go into your local branch and enquire they should be able to clarify the withdrawal of the Vantage account although they are very vague about the new accounts, watch this space.