Lloyds TSB Young Savers Account Reviews
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From 3 ratings and 8 reviews
13% of users recommend this product
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8 Reviews For Lloyds TSB Young Savers Account
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sas33 20th Feb 2008
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Having checked on the Lloyds website to find out exactly what it was I needed to take with to open the account you can perhaps understand why I was a little annoyed that it failed to mention the child. On enquiring about opening an account for my son I was told that I would need to have my son with me. When I explained that my son was 7 months old and asked why it was necessary the advisor had to go and check with another advisor. Finally she came back to me and said that it was possible to open the account in his absence however there was no one available to open account and I would need to make an appointment. Never got to the stage of opening an account and went to the west brom where I was able to open the account with the advisor at the counter.
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Guest 15th Feb 2008
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I took my two sons in to open accounts for their Christmas money. They would like to use the accounts for themselves, as practice for later. The accounts took absolutely ages to set up although the staff were lovely and the boys got nothing tangible to show them that they had paid something in (like a pass book). I had to phone up after 4 weeks to just get their paying in books and then they took another two weeks to arrive.. Not a good start with the banking experience... Will try building soci ...- Read Guest's review (100 words)
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powellmade 14th Jan 2007
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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.- Read powellmade's review (81 words)
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cunim 9th Nov 2006
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Be careful as a parent or signatory, because when the child reaches 16 it automatically transfers for them to sign. I had no notice of this. My mother died 5 years ago and she had opened 2 Lloyds TSB Young Saver accounts for my children. I took her death certificate to the bank and I was the signatory. The government asks us to save for the kids, and this is what I was doing. I then paid for a college course for my daughter and told her her savings would pay. I went to take money out and they wo ...- Read cunim's review (182 words)
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SteveConnorCarly 2nd Nov 2006
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Very helpful and quick service... Northampton Main Branch - very helpful and no hassle.. Two children accounts set-up without any problem at all.
I would recommend the Lloyds TSB Young Savers Account.- Read SteveConnorCarly's review (31 words)
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mommabongo 25th Sep 2006
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Use Lloyds TSB if you are willing to wait an hour to set up a savings account and be made to feel like a money launderer. This was me trying to set up an account for my new born daughter. Also I wanted to change the signatory on my son's account as my husband cannot get into the branch (due to them closing our local one). The only way we can do it is by closing down my son's account, withdrawing all the money, opening another account and putting the money back in!! Bizarre. I shall be closing do ...- Read mommabongo's review (125 words)
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noddy2103 3rd May 2006
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I opened a Lloyds TSB Young Savers account for my son with his christening money, and just put monies in as and when it mounted up. I received a letter saying that there had been no recent activity on the account, and if no contact was made the account would be closed. I phoned them up and they said that everything was fine. A few months later I went to pay in some monies and was informed that the account had been closed. I explained I had phoned them, and they said in order to reopen the accoun ...- Read noddy2103's review (137 words)
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meatyone
26th May 2005
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I enquired about a children's account at the Lloyds TSB help desk to find two members of staff, confused and franticly looking for a booklet of information to hand me. I was told about the 4.75% interest rate and had to ask about the piggy bank. When I returned with the required ID I had to wait for 15 mins for a member of staff who took over 25 mins to set up the account, it was a freakishly hot day and both me and my daughter were melting (no water offered). Finally she received her horse pigg ...- Read meatyone's review (125 words)
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Lloyds TSB Young Savers Account Review - Childrens Savings Accounts.
Lloyds TSB Young Savers Account in Childrens Savings Accounts / Bank and Savings Accounts reviews at Review Centre. Review of 196621 ... noddy2103's Review of Lloyds TSB Young Savers Account
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Lloyds TSB Young Savers Account Review - Childrens Savings Accounts.
Lloyds TSB Young Savers Account in Childrens Savings Accounts / Bank and Savings Accounts reviews at Review Centre. Review of 216263 ... mommabongo's Review of Lloyds TSB Young Savers Account
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Lloyds TSB - Young Savers Account
Savings accounts eSavings Account Monthly Saver Cash ISA Saver Fixed Rate Cash ISA Incentive Saver Advantage Saver Term Deposit Easy SaverYoung SaversChild Trust Fund Save the Change Savings account...
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Lloyds TSB - Young Savers Account
Savings calculator; How fast will my savings grow? Compare savings accounts; Compare our savings accounts side by side. ... Find a Lloyds TSB branch Young Savers account important information.
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Freebies
Lloyds TSB Young Savers Children's Saving Account ... 1. Savings Accounts; 2. ISA; 3. Bank Accounts; 4. Making a Will; 5. Critical Illness for your Family ; 6. Mortgages;
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Savings - Telegraph
All you need to know about the different types of savings accounts available in the market today. ... I am looking for a savings account... ... Incentive Saver Ex/C from Lloyds TSB
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Savings - Telegraph
Savers saw the return on their money plummet last month as figures show the rates on one in 10 variable rate savings accounts were cut. ... Account type ... Incentive Saver Ex/C from Lloyds TSB
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Children taxed on their windfalls | Business | The Guardian
Under building society law, the member on an account eligible for a bonus is the first named, so young savers' parents and grandparents have been paid the windfall and have therefore been taxed.
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Children taxed on their windfalls | Money | The Guardian
Under building society law, the member on an account eligible for a bonus is the first named, so young savers' parents and grandparents have been paid the windfall and have therefore been taxed.
www.guardian.co.uk -
INVESTMENTS
Childrens Health ... Savers' almanac ... With little over a week to go before the end of the tax year, there is growing excitement in the City over Individual Savings Account (Isa) sales.In February,
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