qatsi (qatsi) wrote,

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Last week, I got a letter from Lloyds TSB regarding my ISA: something along the lines of "Dear qatsi, you'll be pleased to know we won't be applying any penalties if you choose to close your cash ISA before its maturity date."

Today's profit warning confirms my translation: "Dear qatsi, we were quite mad to offer you a 1 year fixed rate of 6.5%. Please would you take your money elsewhere, because we've got bonuses to pay and you're costing us a small fortune."

For the avoidance of doubt, this was a Lloyds TSB account from day 1, not some too-good-to-be-true HBOS offer that they've inherited.
Tags: money
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