24 Apr 2018

A question about : Lloyds TSB Vantage

I am a bit confused !

I notice that several of you have multiple Lloyds vanatage acounts, how do you set these up?

I have been reading the Lloyds site and I can see several different accounts but apart from one they all have a monthly fee. The monthly fee looks as thought these accounts are not worth opening for savings only so how do you open multiple classic Accounts with vantage?

Best answers:

  • Open a classic account which has no fee. Then convert it to Classic with Vantage online. Or do it in branch or over the phone.
    Described here click the "How to apply" tab.
    https://www.lloydstsb.com/current_accounts/vantage.asp
  • You can open the Classic with Vantage directly from here :-
    https://www.lloydstsb.com/current_acc...s_accounts.asp
    ... and, although it doesn't jump out, the multiple availability is covered towards the bottom of the page from the link noh provided :-
    Quote:
  • Search on the banking forum. LOADS of threads/info on this.
  • well I've managed over the last few weeks to add another three Vantage accounts to the two current accounts I already upgraded, which gives me five Vantage accounts.
    I thought three was the limit??
  • I did them all online. I'm currently looking at five classic vantage accounts on screen. Two have been long-standing accounts which I upgraded first, and since Xmas I have created three new current accounts, one every week, which all have been upgraded to Vantage without problems. Five Vantage accounts! All I need now is money to put in them
  • My GF opened 3 in the branch and they said that was the limit, I opened 1 online and they wont let me open any others online, says I have to go into a branch.
    One more question, re the monthly minimum payment (Ј1000 I think), is it OK to do this via the online standing order system, so that for the GF she just moved 1k form AC1 to AC2 and 1k from AC2 to AC3 and 1k from AC3 to AC1? are they happy with that?
    Thanks
  • I applied for one yesterday (never been with Lloyds before), and it turned me down
  • Id never thought of doing this before. We are earning just 2% in a Nationwide esavings plus account and at the moment cant tie up long term with anything. I cant see that Lloyds will let this ruse of shuffling money over 3 accounts go on though surely? We have a classic account with Lloyds already.
  • Well I've been doing it for the best part of a year and I was a late starter. You can turn your existing classic into "classic with vantage" & then add 2 more and make hay whilst the sun shines....
  • Cant see the ad vantage for them though if adding this cost nothing, why dont they just give it to all their account holders without faffing about
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