Upgrading to Club Lloyds

JakeSteveson71

Hello, I was thinking of upgrading my Lloyds Classic account to Club Lloyds, but I bring a little less than £1500, but my other bank account does, so is it possible to move money to the Lloyds accounts and back so the £3 monthly charge is waived because nothing in the terms and conditions says otherwise?

gt94sss2

Yes, you can

[Deleted User]

I've been doing this for a while and never had any issues.

Zanderman

Yes, of course you can,

Lloyds just want 1500 paid in each month, there are no requirements for that money to be your income, or indeed any specific source.

You can pay in £100, take it out again and repeat 15 times if you like, or 750 twice, or 1400 and take out 100 and then put it back. Or any combination you can think of, as long as the total paid in, each month, is at least 1500.

CRISPIANNE3

JakeSteveson71 said:

Hello, I was thinking of upgrading my Lloyds Classic account to Club Lloyds, but I bring a little less than £1500, but my other bank account does, so is it possible to move money to the Lloyds accounts and back so the £3 monthly charge is waived because nothing in the terms and conditions says otherwise?

I have four of these accounts and just do a round robin every month. I was even advised by a branch do it this way. 

JakeSteveson71

CRISPIANNE3 I was even advised by a branch do it this way. 

Oh, I see, so I won't get my account closed or anything for doing this. 

Cheers for the help

almanak

CRISPIANNE3 said:

JakeSteveson71 said:

Hello, I was thinking of upgrading my Lloyds Classic account to Club Lloyds, but I bring a little less than £1500, but my other bank account does, so is it possible to move money to the Lloyds accounts and back so the £3 monthly charge is waived because nothing in the terms and conditions says otherwise?

I have four of these accounts and just do a round robin every month. I was even advised by a branch do it this way. 

you mean it can be done from another Lloyds account for example easy saver etc?Or it must be a bank account with different bank?

General_Grant

almanak said:

CRISPIANNE3 said:

JakeSteveson71 said:

Hello, I was thinking of upgrading my Lloyds Classic account to Club Lloyds, but I bring a little less than £1500, but my other bank account does, so is it possible to move money to the Lloyds accounts and back so the £3 monthly charge is waived because nothing in the terms and conditions says otherwise?

I have four of these accounts and just do a round robin every month. I was even advised by a branch do it this way. 

you mean it can be done from another Lloyds account for example easy saver etc?Or it must be a bank account with different bank?

Any account that you see when you log in to Lloyds - savings or current.