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EXPIRED
FREE £10 .....earn an extra £10 Gross* interest
FREE  £10 .....earn an extra £10 Gross* interest

FREE £10 .....earn an extra £10 Gross* interest

Open an Online Saver at lloydstsb.com and get £10 free.

Save online and get one of our most competitive interest rates - up to 5.25% AER/Gross* (including a bonus*) when you deposit £250 or more. Enjoy the speed and convenience of managing your savings online and instant access to your money.

Sign up today and earn an extra £10 Gross* interest when you deposit £1000 or more within 7 days of opening the account, subject to terms and conditions. Offer ends 30 June 2007.



Online Saver £10 Interest Offer

1) Open to Lloyds TSB current account customers aged 16 or over with a permanent UK address, who dont already have an Online Saver excluding employees of the Lloyds TSB Group of companies.
2) An Online Saver account must be opened between 4 June 2007 and 30 June 2007 using either Telephone Banking or Internet Banking.
3) £1,000 must be paid into the Online Saver account within 7 days of opening.
4) The £10 interest offer payment will be made for the first Online Saver that you open either in your name or with someone else.
5) We may withdraw the offer at any time and this offer cannot be used in conjunction with any other offer.
6) Tax will be payable on your £10 interest payment on the same basis as the interest you receive on your Online Saver account. For example if you receive interest net you will receive £8.
7) We will credit your Online Saver account within 30 days of the end of this offer.

12 Comments

£10 (£6 after tax) is nice, but unfortunately the staff in LloydsTSB seem to be about as intelligent as a strimmer. You'd be better off opening an ISA as it pays interest tax-free.

Original Poster

well i will jsut open it get paid then put the money some where else. its not that bad of a deal. i like lloyds and i bank with them.

Lots of people have isa this is for online but be better of icesave gives out more intrest I voted very cold for this. :? :-D

You have to invest £1000 to get this £10. (no thanks).

only cos u dont have £1000....

rangermastiffs

You have to invest £1000 to get this £10. (no thanks).



Yeah, it's a great rate isn't it? NOT!

1% for tying my money up for a couple of weeks and all the paperwork that'll be involved. If this takes you more than 30 minutes it's totally not worth it. You'd be better off sticking around at work and doing 30 minutes overtime.

Original Poster

and i will leave in 2 months get monthly interest and get out befor the rate falls. sounds good to me

Original Poster

Benjimoron

Yeah, it's a great rate isn't it? NOT!1% for tying my money up for a … Yeah, it's a great rate isn't it? NOT!1% for tying my money up for a couple of weeks and all the paperwork that'll be involved. If this takes you more than 30 minutes it's totally not worth it. You'd be better off sticking around at work and doing 30 minutes overtime.



took me under a min to do. was so easy for £10 and the interest on it for the 30days

doublecuffs

£10 (£6 after tax) is nice, but unfortunately the staff in LloydsTSB seem … £10 (£6 after tax) is nice, but unfortunately the staff in LloydsTSB seem to be about as intelligent as a strimmer. You'd be better off opening an ISA as it pays interest tax-free.



You get the £10 bonus without having to pay any tax on it. But still, open an Alliance & Leicester account and put just £500 in and receive £60 back. Much better in my opinion.

SORRY!!! - Take tax off that! Should've read better, deal is much worse than it already was now.

That 5.25 figure includes the £10 bonus though doesn't it? So it's only paying 4.25%. So all in all you make about £3 from this after you factor in tax and the fact that you're not earning interest for the time it takes to transfer the money in and then out again and even when you're earning interest it's at a lower rate that you could get in an ISA and you're having to pay tax on it.

So £3 for all that effort of moving money about is a bit of a joke if you ask me, and who said they could do it all in one minute? That's impossible, you've signed up to the account, transferred the money in, and transferred the money out and logged into internet banking each time to do those things and you've completed the whole offer in under one minute, well done that man!

Not to mention when they don't pay up you've either got to go to the branch and complain or phone up paying money out on your phone bill, either way it's going to cost you more than the £3 you would have made, in making phone calls and time going to the branch. You'd end up making a loss on the deal!

gary_rip

only cos u dont have £1000....




No need for that Gary !! :giggle: :giggle: :giggle:
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