LloydsTSB Fixed rate Isa 6.5%

oxenryd

sloughflint wrote: »

Icing on the cake for me was the fact that they got the dates wrong on the letter. An extra six days at 6.5%
To think it was an internal transfer too.:rotfl:

Same here, I got the interest adjusted, then another letter saying the maturity date is now 23 days later so an extra 23 days interest for me !!! :beer:

poorman66

Leighthal,
Also very concerned about the safety of this ISA!

Innys

poorman66 wrote: »

Leighthal,
Also very concerned about the safety of this ISA!

Personally, I wouldn't worry as long as you have less than £50k in it.

Like Icesave, your money will be secure, should the worst happen. You will receive it in full - albeit after a not insignificant delay.

If you have more than £50k, you will also be reasonably safe, given that Gordo and Al bailed out everyone with money in Icesave. However, it may be prudent to move any excess over £50k elsewhere if you're that worried.

mariner5uk

I was one of the lucky ones and opened this ISA on 16/2/08. Interest at the full rate was credited yesterday, but from then the interest rate has dropped to 1.5%.

They offer a new Fixed Rate ISA (12 month) at 3.2%, which seems quite competetive at the moment, but the lesson seems to be not to assume that the 6.5% will continue - it won't!!!:rolleyes:

poorman66

Thank you for the reassurance-am going to stay put-afterall where else
am I going to get 6.5%!!
Interested in above post though as I received letter start of feb to say interest would be paid to anniversary of deposit -will be a bit miffed if it stops at application date!

derrick

sloughflint wrote: »

That doesn't sound lucky at all.
Are you saying they paid interest up to anniversary of opening despite letters being sent out suggesting otherwise?

If it was opened with a deposit(?) then that will be the date of account opening.

Comfortably_Numb

Got our confirmation letters today. By todays standards 3.75% seems a good deal.

mariner5uk

Just to clarify - the initial deposit was made at the time of opening the account - 12 months as promised.

I must have missed something - where is 3,75% on offer ?

Comfortably_Numb

mariner5uk wrote: »

Just to clarify - the initial deposit was made at the time of opening the account - 12 months as promised.

I must have missed something - where is 3,75% on offer ?

I referred to it above, but I realise I put it in the wrong thread. That figure refers to the early bird Lloyds Frisa for 2009, for which there is a separate thread, although those rates have now expired. there is another offer quoted, with lower rates.

JaySL

Hi!

Just wondering if anyone could help please. I received a letter from Lloyds confirming that my LTSB FRISA account anniversary is in May 09. As the rate is 6.5% , I wonder if i could transfer my Nationwide Member ISA bond (measley 1 ish %)into LTSB FRISA 6.5% ? There seem to be differing experiences on here, some say OK and others saying No?

Thanks in advance.
JaySL