Lloyds Club Current Account downgrade to normal current account?

k_man

surreysaver said:

k_man said:

General_Grant said:

k_man said:

adindas said:

alandaniel132 said:

I upgraded to Lloyds Club Current Account and there is a £3 monthly fee.
I received my 6 VUE cinema ticket last week.

Can I cancel my Club Current account and downgrade to the normal current account with no monthly fees?
If so, how about the 6 VUE cinema ticket? 
Will they cancel? or I can use it for a year validity date?

As other people have said there is no need to cancel it. Just use two accounts to cycle money a month. When you have two LBGs account you just need a few seconds to do that, every month.

Also keep in mind Club Lloyds has other perks such as access to favourable interest rate for regular saver accounts.

Does this work if the second account is also Lloyds?
If not then is it any quicker/easier if the second account is with LBG, rather than a different banking group?

It works wherever the second account is - with Lloyds, Halifax, Santander, Barclays, ........

Thanks.
Most/many bank account pay in requirements exclude payments from the accounts at the same bank.

Lloyds doesn't have that requirement. Nor does Halifax, nor Bank of Scotland. 

Thanks, that will save me a few minutes on the monthly Halifax Reward £1500 cash shuffle!

adindas

k_man said:

General_Grant said:

k_man said:

adindas said:

alandaniel132 said:

I upgraded to Lloyds Club Current Account and there is a £3 monthly fee.
I received my 6 VUE cinema ticket last week.

Can I cancel my Club Current account and downgrade to the normal current account with no monthly fees?
If so, how about the 6 VUE cinema ticket? 
Will they cancel? or I can use it for a year validity date?

As other people have said there is no need to cancel it. Just use two accounts to cycle money a month. When you have two LBGs account you just need a few seconds to do that, every month.

Also keep in mind Club Lloyds has other perks such as access to favourable interest rate for regular saver accounts.

Does this work if the second account is also Lloyds?
If not then is it any quicker/easier if the second account is with LBG, rather than a different banking group?

It works wherever the second account is - with Lloyds, Halifax, Santander, Barclays, ........

Thanks.
Most/many bank account pay in requirements exclude payments from the accounts at the same bank.

As other have said LBGs do not have that requirement. I have been cycling LBG group Halifax, Lloyds, BOS for many years. The good things is that it arrives within seconds.

WillPS

surreysaver said:

k_man said:

General_Grant said:

k_man said:

adindas said:

alandaniel132 said:

I upgraded to Lloyds Club Current Account and there is a £3 monthly fee.
I received my 6 VUE cinema ticket last week.

Can I cancel my Club Current account and downgrade to the normal current account with no monthly fees?
If so, how about the 6 VUE cinema ticket? 
Will they cancel? or I can use it for a year validity date?

As other people have said there is no need to cancel it. Just use two accounts to cycle money a month. When you have two LBGs account you just need a few seconds to do that, every month.

Also keep in mind Club Lloyds has other perks such as access to favourable interest rate for regular saver accounts.

Does this work if the second account is also Lloyds?
If not then is it any quicker/easier if the second account is with LBG, rather than a different banking group?

It works wherever the second account is - with Lloyds, Halifax, Santander, Barclays, ........

Thanks.
Most/many bank account pay in requirements exclude payments from the accounts at the same bank.

Lloyds doesn't have that requirement. Nor does Halifax, nor Bank of Scotland. 

This is true and it makes the process much simpler for the 6 reward and 1 joint ultimate reward my fiancee and I have with Halifax each month.