LloydsTSB Fixed rate Isa 6.5%

Baldur

Richchad wrote: »

I thought your matured LloydsTSB FRISA automatically went into this years fixed rate ISA...

No, it matures into a standard rate variable cash ISA - http://www.lloydstsb.com/savings/fixed_rate_cash_isa.asp

Continued growth - at the end of the 12 month fixed rate period, your account pays interest at our standard variable Cash ISA rate.

Richchad

Baldur wrote: »

No, it matures into a standard rate variable cash ISA - http://www.lloydstsb.com/savings/fixed_rate_cash_isa.asp

Ah yes, of course it only goes into the new FRISA if you accepted the "Early Bird" offer they made a while back, as I did.

Baldur

Richchad wrote: »

Ah yes, of course it only goes into the new FRISA if you accepted the "Early Bird" offer they made a while back, as I did.

Which was, effectively, an ISA transfer requiring a signed application form - so not automatic. I also took the 'Early Bird' offer @ 3.75%.

KTF

clearchalk wrote: »

139467 - Sorry, but you are not eligible for this ISA product, as you have either opened an ISA or deposited funds to an existing ISA this tax year. Please refer to the eligibility criteria for further information.

You need to phone them up to get it moved over. Doing it online will fail.

LucyTheDwarf

Aw, I just saw this thread title on the most recent threads bit... shame the 6.5% of the title is over a year old I knew it couldn't be true.

dazeruk

Logged on my account tonight and my FRISA has disappeared. I presume it's on it's way to the new provider. Rang up LloydsTSB to get my closing balance. I'd calculated interest of £816.54 based on dates money hit the account. Was happy to be told it was actually £832.58 :beer:. Guess they must be using dates on cheques and giving some retrospective interest.

mr_fishbulb

dazeruk wrote: »

Logged on my account tonight and my FRISA has disappeared. I presume it's on it's way to the new provider. Rang up LloydsTSB to get my closing balance. I'd calculated interest of £816.54 based on dates money hit the account. Was happy to be told it was actually £832.58 :beer:. Guess they must be using dates on cheques and giving some retrospective interest.

When was yours supposed to mature? Mine was the 23rd but it is still showing as fixed rate, no interest added yet.

Baldur

mr_fishbulb wrote: »

When was yours supposed to mature? Mine was the 23rd but it is still showing as fixed rate, no interest added yet.

Should show tomorrow, given that it matured on Saturday and yesterday was a bank holiday - from memory, there were similar posts to yours after one of the previous bank holidays.

dazeruk

mr_fishbulb wrote: »

When was yours supposed to mature? Mine was the 23rd but it is still showing as fixed rate, no interest added yet.

I've moved mine from Lloyds to Natwest. The Natwest transfer request form had an on what date question. My Lloyds ISA was due to mature on the 22 May so I put 22 May. The transfer process, which I assume must have been started by Lloyds, happened on the 19th, three days early. No interest actually showed as the FRISA was removed from my list of online accounts when it was transferred. The transfer to Natwest took 2 days via BACS.

mr_fishbulb

In there now