Around 15 years ago, I think it was, I went through a phase of opening several bank accounts.
That was back in the day when you could get £100 for just opening a new account, as long as you had your main salary, or at least a 4 figure minimum every month going into that account, so opening a few made me a few hundred quid!
I've still got most of them open, I think I closed one.
The problem is that a while back one of them started charging a fee. I now have to pay Lloyds £3 a month for my Club Lloyds account, although if I have £2K a month going in, that's waived. I get the money refunded...
NB it used to be £1.5K, they upped it to £2K, so now I have a regular bounce from my main account of £500 to this one, and then back again.
The other £1500 bounces from another account in Lloyds, that other account NOT charging me for banking.
It's actually fucking ridiculous to think that IF that other account did charge me then all I'd have to do is bounce THE SAME £2000 a month between the two accounts in order NOT pay fees.
A decent linked savings account...
This is the only reason I'm holding onto this Lloyds account ATM, that I get a regular saver at 6% a year, but I can only put £400 a month into it, still it's better than the <5% I'm getting on my other savings accounts.
But besides that it's not worth it!
I mean I do get free cinema tickets, 6 a year, but I've never got around to using them, the other perks are all a lot more pointless.
And then there's the risk of them changing their terms, stopping that rebate. upping the amount I need to pay in.
And then there's my other accounts, I mean what if they all start charging fees too!
Time to close down a few I tink, especially when I haven't used some of them in like years!
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