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LTSB Regular Saver

missile
missile Posts: 11,793 Forumite
Part of the Furniture 10,000 Posts Name Dropper Photogenic
in Budgeting & bank accounts
I signed up for LTSB 8% Regular Saver last March. I have lost the blurb and forgotten whether this is a 12 or 24 month introductory offer. :confused: Can anyone confirm?
"A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
Ride hard or stay home :iloveyou:

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Depends exactly when in March 2007 you opened it. If 12th onwards, it's going to be a one year account...

    http://www.lloydstsb.com/rates_and_charges/savings_rates_prev_page.asp#monthly
  • missile
    missile Posts: 11,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I opened it on 5th March. The T&Cs (Version 4) say "For a period of 24 months from opening you can make a monthly payment of between £25 and £250" but make no mention of rates. I am hoping this means at 8% for two years?

    I phoned the bank and they told me it was 8% for 12 months, now 4.55% but I think that is nonsense. I might get a more reliable response to a letter?

    There is no information on the LTSB web site re:
    Monthly Saver 2 Year Term
    "A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
    Ride hard or stay home :iloveyou:
  • missile
    missile Posts: 11,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Problem solved, got another call from LTSB confirming that my regular saver is 8% fixed interest for 2 years.

    Left and right hand I guess?
    "A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
    Ride hard or stay home :iloveyou:
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