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iAMaLONDONER

bob792 wrote: »

Welcome to Club Lloyds

https://www.clublloyds.com/

"Club Lloyds is a current account offering more to enjoy. As a Club Lloyds member, you can choose one Lifestyle Benefit each year per account. You can pick a different one for each account every year, as long as you remain a Club Lloyds customer.
Pick from

• 6 Vue cinema tickets
• Annual Gourmet Society membership
• Annual magazine subscription (digital or printed)

Log in to choose or change your Lifestyle Benefit."


Site set up for an external company to run the freebies for the new current account. The only thing it tells us about the new account is that we can have more than one of them.

Thanks for posting

typistretired

I wonder why there has been no press release like TSB

bsms1147

typistretired wrote: »

I wonder why there has been no press release like TSB

Doesn't look like it's live yet, someone has just found a link to the site. A press release is likely forthcoming.

(http://www.lloydsbank.com/club-lloyds takes you nowhere)

Steve_xx

Details of the new LLoyds offering here:

http://www.thisismoney.co.uk/money/saving/article-2589030/Lloyds-Bank-ups-game-new-current-account-paying-4-cent-5-000.html

ColdIron

However, from Monday, the Vantage option will be closed to new customers. The bank will also begin to write to affected customers informing them that from July the interest rate offered will be reduced to 1.5 per cent.

Archi_Bald

Telegraph: http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/10722170/Lloyds-launches-Club-current-account-paying-4pc.html

Gurniad: http://www.theguardian.com/money/2014/mar/29/lloyds-club-vantage-account-current-rates

socrates

ColdIron wrote: »

However, from Monday, the Vantage option will be closed to new customers. The bank will also begin to write to affected customers informing them that from July the interest rate offered will be reduced to 1.5 per cent.

Is that official? I see it is

I would imagine the same would go for TSB...

ColdIron

socrates wrote: »

Is that official?

I would imagine the same would go for TSB...

Well there are no details on the Lloyds site, it's just what I read in the DM article

Edit: and the Telegragh

Alongside the launch of the new current account, Lloyds is also making changes to its “Vantage” current account, which pays up to 3pc on balances up to £5,000. From July, the interest rate will drop to a maximum of 1.5pc for existing account-holders, while the account will be closed to new applicants from March 31.

Steve_xx

ColdIron wrote: »

However, from Monday, the Vantage option will be closed to new customers. The bank will also begin to write to affected customers informing them that from July the interest rate offered will be reduced to 1.5 per cent.

Well now, this doesn't sound brilliant. Many of us have multiple Classic with Vantage accounts so I wonder how they will deal with that? will they let us convert them all to this new type or will they make us remain on Vantage terms with a reduced rate of interest?

ColdIron

Steve_xx wrote: »

will they let us convert them all to this new type or will they make us remain on Vantage terms with a reduced rate of interest?

You can only have 1 sole and 1 joint Club so converting them all isn't an option if you have more than 2. Whether to remain at 1.5% is your choice, they can't make you stay