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Lloyds isa change?

I think Lloyds might have changed their terms about adding money throughout the tax year to a fixed term isa

"You need to deposit £500 or more within 30 days of opening the account. After the 30 days are up, you won’t be able to make any more deposits"

Comments

  • Rich2808
    Rich2808 Posts: 1,444 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    edited 2 April at 2:30PM

    Yes they have - for all new ISAs opened since last summer I believe (think it was June or July 2025 when they stopped this).

    You can still top up existing fixed rate ISAs opened before last summer until the end of the term.

    Although now rates appear to be going up again this may be less of an issue for now?

    There are a limited number of providers who still allow this - Kent reliance (but possibly only for new funds not transfers) are one.

  • clairec666
    clairec666 Posts: 1,175 Forumite
    1,000 Posts Name Dropper

    I've been looking into this, because of the good rates on offer at the moment. Kent Reliance are offering some of the top rates right now. Clicking on the account link on moneyfactscompare takes you to "page not found", and ISAs aren't appearing on their website - not sure if this is just a bank holiday / end of tax year thing, or whether those good rates have been withdrawn. Shawbrook are also known for offering deposits throughout the term, but they currently have nothing on offer.

    No other providers spring to mind, but I'd be interested to know if there are any more.

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