The Top Easy Access Savings Discussion Area

Steve_xx

socrates wrote: »

They can forget that

I predict Newcastle Building Society having a whole heap of money hitting their coffers

I've added a bit more to my post.

Tell me about the Newcastle please?

Archi_Bald

Steve_xx wrote: »

I thought that the new account was called Plus? Surely they can't be withdrawing the interest paid on it already?

The new TSB account is called the Plus.

The new Lloyds account is called Club Lloyds. The letter you got is from Lloyds, not from TSB.

socrates

Steve_xx wrote: »

I've added a bit more to my post.

Tell me about the Newcastle please?

http://www.newcastle.co.uk/savings/big-home-saver.aspx

Archi_Bald

socrates wrote: »

I predict Newcastle Building Society having a whole heap of money hitting their coffers

Unfortunately, the account is a monthly saver so it takes a good while to shift a few Lloyds Vantage accounts.

However, the good news is that you do not have to wait until Lloyds drop their rate to start with the shifting. The first £1,250 can be on their way now.

Steve_xx

Archi_Bald wrote: »

The new TSB account is called the Plus.

The new Lloyds account is called Club Lloyds. The letter you got is from Lloyds, not from TSB.

Yes, you're right of course. The letter is from Lloyds but the text on Page 4 of the booklet that they enclosed with the letter is as I stated in red above?

socrates

Archi_Bald wrote: »

Unfortunately, the account is a monthly saver so it takes a good while to shift a few Lloyds Vantage accounts.

However, the good news is that you do not have to wait until Lloyds drop their rate to start with the shifting. The first £1,250 can be on their way now.

I know it is a monthly saver

Steve_xx

socrates wrote: »

http://www.newcastle.co.uk/savings/big-home-saver.aspx

Many thanks for the info.

Steve_xx

socrates wrote: »

I know it is a monthly saver

I take it that I'm not forced to have a Newcastle mortgage if I open this account and that in not taking the mortgage I can still attain the 3.02% AER?

socrates

Steve_xx wrote: »

I take it that I'm not forced to have a Newcastle mortgage if I open this account and that in not taking the mortgage I can still attain the 3.02% AER?

Correct :T

MissyD_2

Does anyone know how long it takes Newcastle BS to send your ISA account info (account # & sort code)?
Opened 1 online last week, still need to credit it with opening balance but didn't feel to comfortable transferring £1250 into a generic account with my name as a reference...!