lloyds tsb young savers account review

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Value for Money2.1/10
Reviewer Rating2/10
Overall Rating3.3/10 Based on 11 ratings
13% Recommended1 out of 8 Reviews

Review of Lloyds TSB Young Savers Account

By powellmade on 14th Jan 2007

powellmade's Ratings
Value for money0/10
Overall value0/10
no powellmade's recommendation

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General Comments

My account had to be re-opened 4 times in 3 years, as it was classed as dormant - need to keep putting money in regularly - involved numerous visits with I.D., and then it got really bad when I changed the children's names after marriage! Also charged tax on their interest at the ages of 8 and 4, though don't know whether this is standard under the current government. Lloyds TSB are impossible to reach by phone. I wouldn't recommend them or their Young Savers Account.

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