Opening an ISA with Lloyds.

NotRichOrFamous

Thanks for the reply Beddie.

I'm a long time saver with building societies, however due to all the demutualisations and mergers they are quite a rare sight on the high street these days.

I have no problem with postal accounts except for the ones that the require you to send original documents as proof of identity.

Jasm1ned

My fixed term ISA with Lloyds came to an end last month. The interest rate dropped to 1.44% on their instant cash isa. I tried to transfer it to their 4% isa but the website would not let me online and I had to print out a form and send it by post. This was three weeks ago. Do we know if Lloyds will backdate to compensate for missing interest? I have tried ringing their dedicated number but it just rings and rings. Any experience of this anyone? Thanks in advance.

Albermarle

Jasm1ned said:

My fixed term ISA with Lloyds came to an end last month. The interest rate dropped to 1.44% on their instant cash isa. I tried to transfer it to their 4% isa but the website would not let me online and I had to print out a form and send it by post. This was three weeks ago. Do we know if Lloyds will backdate to compensate for missing interest? I have tried ringing their dedicated number but it just rings and rings. Any experience of this anyone? Thanks in advance.

Normally with a fixed term savings account, the provider contacts you 3 or 4 weeks before the end of the term, laying out your options.
Did this not happen, as that would be very unusual?