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Lloyds TSB sets its sights on high credit balance customers

Lloyds TSB is looking to tempt such customers by launching an addition to existing current accounts known as ‘vantage’ which pays 4.89% gross (5% AER) on balances of between £5K and £7K.

Loyalty to your bank will hurt your pocket

Many people are loyal to their bank and go to them for everything from their current account to their mortgage and credit card. However, by doing so you could find yourself seriously out of pocket as the big named banks do not tend to have the best rates.

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