Lloyds 6.5% Cash ISA - Will Close on Friday 11 April

ukdutypaid

Still says 31st May within Internet banking.....

temba

Well that's really annoying... after reading this I rushed out to my local Lloyds TSB,paid to park, and got there at 4.32 only to find that it closes at 4.30.

So much for my money savvy afternoon.

6022tivo

I got my account today, manager def confirmed that the offer is oversubscribed and is closing on Friday.

He also said although it will revert to the standard rate after 12 months not to worry and just pop in then as they have offers every year to keep you for the year, and for some reason this years has been very popular.

So people worried about the standard rate after 12 months should not worry as they have special 12 month tie in rates every year apparently, rather than you transfering out.

Also want to add to the thread, that I was in and out in 20 minutes, and had no pressure to buy any additional products.

fablad75

I opened my today to ensure that I get the 6.5% fixed rate, but didn't transfer anything in as my FRISA with Nationwide only expires on 20/4. She said to come back when it's ready and we'll send out the transfer forms.

emma396

just tried to open mine online, it's unable to do it at this time, will hopefully try at a branch 2moro

Baldur

fablad75 wrote: »

I opened my today to ensure that I get the 6.5% fixed rate, but didn't transfer anything in as my FRISA with Nationwide only expires on 20/4. She said to come back when it's ready and we'll send out the transfer forms.

Lloyds TSB's Fixed Rate Cash ISA Terms & Conditions say "You can make your deposit by transfer from an ISA product or products subscribed to in in previous years (provided that if you transfer from another ISA you must complete the ISA transfer form as part of your application)...", which would appear to indicate that you will be unable to transfer in your Nationwide FRISA when its fixed-rate period ceases.

emma396

i just opened lloyds isa online :j have no money in lloyds to transfer in, and have yet to fill in isa transfer form, but it's definitely open.

btw, i think the only reason they require minimum of 3k is because you will get NO interest unless there is 3k in there.

Fixed Rate Cash ISA

Amount InvestedAER/Tax-free (per annum)
£9,000+ 6.50
£6,000+ 5.15
£3,000+ 5.00
£1+ 0.00

Jenna00

Sorry!! I can't Beleive that my first post and i have to eat my words!!My branch got the information at 8.50 this morning! Apologies. Ridiculously It was only annouced properly throughout all channels at 3.30. You can still open them up to tommorow at a saturday opening branch. But next week its done to 5%!! so be quick And again SO SORRY!!Jenna

Graham.cat

My thanks to earlier posters on this board, who spurred me on to open mine today.

However, the counter assistant who I saw first, and the chap who dealt with my application, BOTH said that today, Friday, was the last day.

I don't know whther they were right or not, or whether they is some variation branch-to-branch, but that is what I was told.

Graham.cat

Sorry, - for 'they', read 'there' !