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LLoyd's and Bank of Scotland reducing current account interest rates

3
Found 17th Apr
Current account interest rates for LLoyds bank and Bank of Scotland are cut further - It will be 1.5% from 1 July (from the present 2% level).
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Thanks for the heads up. So as interest rates have started to go up and are expected to go up again in May, they reduce the interest they pay? Seems logical!?

Please note: From the 1st July 2018, we will be changing the interest you can earn on Vantage accounts. The current interest rate of 2% AER/1.98% Gross variable, payable on balances between £1 and £5,000, will reduce to 1.5% AER/1.49% Gross variable. To earn interest, you will still need to pay at least two different Direct Debits each calendar month, pay at least £1,000 into your account during the calendar month, and stay in credit (above £0) during the monthly billing period.

bankofscotland.co.uk/ban…ge/

morgie2 h, 59 m ago

Ah, already posted - …Ah, already posted - https://www.hotukdeals.com/discussions/club-lloyds-and-bos-classic-vantage-to-drop-their-rates-to-15-from-1718-2926272



Did search before posting but nothing came up!


Will expire it.
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