Up to £40 FREE for existing LloydsTSB Classic Plus Current Account Holders - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HUKD, you accept our cookie and privacy policy.
Get the HUKD app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit
Courtesy of the latest MSE weekly email...

For just one phone call you could earn an extra £40 in interest (basic rate tax-payers) over the next 12 months.

LloydsTSB currently pay 4% gross on their Classic Plus account, which has no monthly charges, but requires you to pay in at least £1000 each month.

However, they have a deal on at the moment to pay 6% (rather than the 'standard' 4%) for the first 12 months to new customers.

It is not widely advertised, but existing customers can ring through on the telephone banking number 0845 3 000 000, and ask them to switch you onto the better rate for the next 12 months.

Interest is only paid on balances up to £2,500 and so if you keep the full £2,500 in for the next 12 months, this extra 2% bonus is worth £40 after tax for basic/20% tax rate payers.

I made the call (it took 5 mins, and lines are open 24/7) and they made the switch there and then - all other details (Card/PIN/cheque book etc.) remain the same.

Surely this is a hot deal for any existing LloydsTSB customers with this particular current account?
Deal Tags:
More From Lloyds Bank:

All Comments

(3) Jump to unreadPost a comment
if your going to keep 2.5k in there there are other instant access accounts paying 6.5 gross interest, ud b better sticking it in there for 12 months
Will look into this - cheers OP.
I read about this on the work network yesterday gonna give customer services a call in a bit. This applys to ALL plus accounts Classic Plus, Select Plus, Silver Plus, Gold Plus, Platinum Plus and Premier Plus

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Top of Page
Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!