Lloyds Silver Fee date

Lumiona

Hiya, does anyone know on what date the fee for Lloyds silver £10 is taken?

Wheres_My_Cashback

Lumiona said:

Hiya, does anyone know on what date the fee for Lloyds silver £10 is taken?

It's personal to you only, you'll have ask them.

pfpf

actually i'm pretty sure its the 1st of the month pro-rata for the 1st month in arrears.

Lumiona

I thought it would be the 1st or a couple of days later but cannot find a confirmation anywhere.

dealyboy

Lumiona said:

I thought it would be the 1st or a couple of days later but cannot find a confirmation anywhere.

... as @pfpf ... yes caught a couple of us out when switching towards the end of a month only to get a text that the account was 71p overdrawn, fee taken on the 1st for two days since application. Couldn't find it in product details either.

Wheres_My_Cashback

pfpf said:

actually i'm pretty sure its the 1st of the month pro-rata for the 1st month in arrears.

Lumiona said:

I thought it would be the 1st or a couple of days later but cannot find a confirmation anywhere.

dealyboy said:

Lumiona said:

I thought it would be the 1st or a couple of days later but cannot find a confirmation anywhere.

... as @pfpf ... yes caught a couple of us out when switching towards the end of a month only to get a text that the account was 71p overdrawn, fee taken on the 1st for two days since application. Couldn't find it in product details either.

9th for my OH.

Lumiona

It's possible it is based on the date the account was set up, then? The monthiversary?

dealyboy

I suspect this explains it ...

"
Different fees are taken from your account at different times. We take monthly maintaining the account fees out of your account at the end of your monthly billing period. This is usually from the second working day of each month to the first working day of the next month. If your billing period is different we will have told you this separately. If you'd like to check what your monthly billing period is, ask us in branch, or call us on 0345 300 0000. If you open, change or close an account that has a maintaining the account fee part way through your billing period, you'll only pay for the time you've actually had it.
"

... from https://www.lloydsbank.com/assets/media/pdfs/current-accounts/personal_banking_terms_and_conditions.pdf
Section O - Banking fees and charges

Lumiona

Thank you.