YOU ARE HERE: Cambridge Online > Cambridge City Guide > Lloyds TSB Bank > Reviews of Lloyds TSB Bank > Review

"Lloyds TSB savings account loses you money!!!"

A review of Lloyds TSB Bank by Archer - Sunday 9th of March 2003

Advertisements

Yes, it's true. The Lloyds TSB Regular Savings Account's interest rate is below inflation!

On their website ( www.lloydstsb.com ), when listing the account's features, the bank boldly brags, 'attractive tiered rates of interest'!

Who are they trying to kid?

The so-called 'attractive tiered rates of interest' are in fact nothing short of pitiful at 0.08% per annum for balances below Â£200 and 0.16% for balances above Â£200.

So each year, your hard earned savings erode away! I suggest they change the name of the account to Loss Account, or even Loser's Account, since if you have one, you will lose money.

Agree? Disagree? Add your own review of Lloyds TSB Bank

Did you find this review inappropriate or offensive?

More Lloyds TSB Bank Reviews

View all Lloyds TSB Bank reviews

Now showing reviews 1-5 of 39

View all 39 reviews »

Free Banking from LTSB - for life !! by George Dixon
Sounds incredible but it's true. All you need to do is get a 0/0 credit card on purchases from L...

Try working in LTSB Call Centre by George Dixon
People who complain about the service received from LTSB staff should learn to manage their own affa...

Contact phone number debacle by Jilly rogers
I have been trying to get through to Lloyds TSB using the only number listed = 08453 000 000 for 3 h...

Why 3 sheets of A4 for one bank statement by Alan Entwistle
When I first started banking with LLoyds some ten years ago, my bank statement consisted of 1 A5 she...

Long queues - empty windows by John Andrews
I should start by saying I have been a customer of Lloyds TSB for well over sixty years. My parents ...

View the complete list of Lloyds TSB Bank reviews »