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  • FIRST POST
    • joeblags
    • By joeblags 9th May 18, 10:47 AM
    • 156Posts
    • 107Thanks
    joeblags
    2 lloyds savers at same time?
    • #1
    • 9th May 18, 10:47 AM
    2 lloyds savers at same time? 9th May 18 at 10:47 AM
    I have a club Lloyds monthly saver @3.0% but last night noticed that they also do a normal monthly saver @ 2.5%/ max£250 month. does any body have both of these accounts at the same time? cheers
Page 1
    • ColdIron
    • By ColdIron 9th May 18, 10:48 AM
    • 4,144 Posts
    • 5,227 Thanks
    ColdIron
    • #2
    • 9th May 18, 10:48 AM
    • #2
    • 9th May 18, 10:48 AM
    Yes, I do. You can have both at the same time
    • joeblags
    • By joeblags 9th May 18, 10:49 AM
    • 156 Posts
    • 107 Thanks
    joeblags
    • #3
    • 9th May 18, 10:49 AM
    • #3
    • 9th May 18, 10:49 AM
    thanks a lot for the speedy reply on this one coldiron!


    I was closing down some accounts due to the Tesco situation with the dd's needed, but this Lloyds is like a golden egg now then, aswell as having the interest from the normal account and 2 savers, you get free cinema tickets aswell!
    • ColdIron
    • By ColdIron 9th May 18, 11:02 AM
    • 4,144 Posts
    • 5,227 Thanks
    ColdIron
    • #4
    • 9th May 18, 11:02 AM
    • #4
    • 9th May 18, 11:02 AM
    They are OK. Technically I don't have the 2.50% RS as it was only 2.00% when I opened it and I can't close and open the new one as you can only open one every 12 months so I'll have to wait until September

    I use the gourmet card. Many places offer 50% discount on food but some offer 25% off food and drinks. It's surprising how much three or four blokes can drink on a Saturday with the intention of giving the card a good spanking
    • kidmugsy
    • By kidmugsy 9th May 18, 11:17 AM
    • 10,513 Posts
    • 7,209 Thanks
    kidmugsy
    • #5
    • 9th May 18, 11:17 AM
    • #5
    • 9th May 18, 11:17 AM
    I opened a Club monthly saver last autumn but never did manage to pay into it. If I started now would I still get the 3% p.a. for the remaining months?
    Free the dunston one next time too.
    • ColdIron
    • By ColdIron 9th May 18, 11:29 AM
    • 4,144 Posts
    • 5,227 Thanks
    ColdIron
    • #6
    • 9th May 18, 11:29 AM
    • #6
    • 9th May 18, 11:29 AM
    I don't see why not but you are still limited to £400 pcm so can't make up the missing months
    • sully1311
    • By sully1311 11th May 18, 11:04 PM
    • 53 Posts
    • 12 Thanks
    sully1311
    • #7
    • 11th May 18, 11:04 PM
    • #7
    • 11th May 18, 11:04 PM
    Anyone know what the minimum operating balance is for these 2 regular savings accounts?
    • Thrugelmir
    • By Thrugelmir 11th May 18, 11:12 PM
    • 58,446 Posts
    • 51,817 Thanks
    Thrugelmir
    • #8
    • 11th May 18, 11:12 PM
    • #8
    • 11th May 18, 11:12 PM
    I use a Club account which is a minimum deposit of £1,500 a month. Otherwise a £3 fee.
    Financial disasters happen when the last person who can remember what went wrong last time has left the building.
    • sully1311
    • By sully1311 11th May 18, 11:25 PM
    • 53 Posts
    • 12 Thanks
    sully1311
    • #9
    • 11th May 18, 11:25 PM
    • #9
    • 11th May 18, 11:25 PM
    I mean for the regular savings accounts not current account.
    • ColdIron
    • By ColdIron 12th May 18, 8:10 AM
    • 4,144 Posts
    • 5,227 Thanks
    ColdIron
    Well I don't know the formal position as I'm usually more interested in maximums than minimums but given that you can make unlimited withdrawals one presumes it's 0. The minimum monthly payment is £25 but if you look at kidmugsy's post #5 this may not be mandatory either. I'm not sure why you would open one of these, especially the 3% one, if you're not going to use it
    • greenglide
    • By greenglide 12th May 18, 9:35 AM
    • 3,096 Posts
    • 2,015 Thanks
    greenglide
    £25 per month?

    The details are here https://www.lloydsbank.com/savings.asp?WT.ac=NavBarTop/Navigation/Public/navigation/top_nav/savings/All_savings_accounts#all-savings-accounts

    Not difficult to find (depending on what you really want to know).
    Last edited by greenglide; 12-05-2018 at 9:37 AM. Reason: extra
    • sully1311
    • By sully1311 12th May 18, 5:46 PM
    • 53 Posts
    • 12 Thanks
    sully1311
    £25 per month?

    The details are here https://www.lloydsbank.com/savings.asp?WT.ac=NavBarTop/Navigation/Public/navigation/top_nav/savings/All_savings_accounts#all-savings-accounts

    Not difficult to find (depending on what you really want to know).
    Originally posted by greenglide
    That just states the minimum deposit required (for 1st payment and any subsequent payment) not what the operating minimum balance has to be.
    • sully1311
    • By sully1311 12th May 18, 5:50 PM
    • 53 Posts
    • 12 Thanks
    sully1311
    Well I don't know the formal position as I'm usually more interested in maximums than minimums but given that you can make unlimited withdrawals one presumes it's 0. The minimum monthly payment is £25 but if you look at kidmugsy's post #5 this may not be mandatory either. I'm not sure why you would open one of these, especially the 3% one, if you're not going to use it
    Originally posted by ColdIron
    It's due to me having 3 regular savings open at the same time with a limited amount of money. I'm just trying to get the maximum amount of interest with the amount I had. At some point I will need to transfer out money from the MS to the CLMS. I'm planning on fully maxing out the CL's one so really this question was about the standard Monthly Saver.

    Hope that makes sense. I believe you're allowed to miss payments but if you do make a contribution, the minimum it can be is £25.
    Last edited by sully1311; 12-05-2018 at 5:53 PM.
    • capital0ne
    • By capital0ne 12th May 18, 5:58 PM
    • 474 Posts
    • 236 Thanks
    capital0ne
    [QUOTE=joeblags;74263479
    I was closing down some accounts due to the Tesco situation with the dd's needed[/QUOTE]
    If you opened your Tesco's accounts (two allowed) some time ago they didn't need any DDs. Hope you haven't closed some Tesco accounts needlessly
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