Issue regarding to Lloyds Regular Saver 8%

johnmoney05

Just a reminder that anyone has the LTSB 8% regular saver, if your term has ended. Remember to cancel your standing order from the current account. Otherwise you might go overdraft without notice.

I just checked my current account, the standing order was still there. Although the term was ended.

mary

Yes, on this occasion when I set up the RS in the first place, they set up the SO for me. Usually I do it myself. I had assumed that it would have been set until the end of the term. However, after it had matured, the next month the next £250 was paid by SO. Luckily I was in credit, but have now withdrawn the money and been into the branch and closed the account.

Biggles

The staff filled out the form for me too, and she entered a date for 'last SO' 24 months from the first SO. I pointed out that this would have involved 25 monthly payments and she said, 'I didn't think of that, this is the way I've been doing them all'.

But it's easy to amend the date of last SO in online banking.