LloydsTSB Fixed rate Isa 6.5%

A question about : LloydsTSB Fixed rate Isa 6.5%

For those that have Ј9,000 to transfer in or pay in Lloyds are offering 1 year fixed at 6.5% with no withdrawal. Seems a good deal

Madgpol

Best answers:

• Excellent deal.
• I've just phoned Lloyds TSB to apply for the fixed rate ISA. During the application I was asked for more personal information than I would expect to give when applying for a credit card or opening a new current account. In addition to the information that they needed to open the account and transfer the balance from my existing ISA, they wanted to know:
• My job title, my employer's address, and how long I had worked there
• My take-home pay, and if I am paid weekly or monthly
• Whether my house is owned or rented, and my monthly mortgage payment
• Who provides my home & contents insurance, when it's due for renewal, and did I want to get a quote from Lloyds TSB

They also warned me that they would do a credit search as part of the application process. You can only apply for this account by phone if you already have a Lloyds TSB current account, so they should have most of this information already. It is hard to believe that Lloyds TSB could increase the amount of junk mail that they send me, but it looks like they're going to give it their best shot.

• Blimey this looks like a cracking deal. Both my wife and I have ISA at Abbey which has a bonus that runs out in May so I was starting to wonder where to transfer the cash. Reckon this Lloyds one is a winner, especially as we already bank with them
  Most of my cash is in my Abbey ISA but I also have an ISA with NS&I with 2007/2008 limit in. Am I right to open the Lloyds account by initially transferring the Abbey ISA and then the NS&I one afterwards. Assuming Lloyds will send out all the relevant paperwork? My wifes is all in the Abbey so that should be more straight forward
• My wife and I both have a joint current account with Lloyds TSB as well as each having 26k+ in existing Lloyds TSB ISAs. I telephoned Lloyds yesterday and they were happy to transfer both accounts into their new 6.5% ISA over the telephone. We were going to transfer the ISAs to IceSave but this way we get a slightly better rate and keep our amounts in different banks below the 35k level.
• Has anybody opened this ISA by solely using a transfer form, from another ISA? I can't subscribe to it in this tax year. I'm assuming that Lloyds allow us to open the ISA in this way, am I right?
• This account seems to be exactly what I have been looking for.
  One question however if I set one up today will the interest rate remain fixed until this time next year?
• Hi, Does anybody know if I can open the lloyds fixed rate isa,as a new customer,or do I have to already have accounts at lloyds.
  Thanks
• New customers have to go to the branch to open it up. Existing customers can do it over the phone.
• You have to introduce this year's ISA when opening the account:
  Quote:
• I was in the branch nearly 2 hours setting mine up. I was sat with 4 different people & they tried to sell me numerous other products. Also be warned that they don't seem to have the capability of looking up either the account number & sort code or the address of your old ISA provider (both I and my g/f had to ring our old provider's from within the Lloyds branch to provide them this info).
• is there a limit of Ј9000 or can you transfer more in?
  regards,
  john
• It seems like this ISA is being sold as a loss leader. I.e. trying to sell you some of their other (!!!!) products!
  What happens if you refuse to provide them with the information that they don't legally require to open the account?