Monday, December 21, 2009

Lloyds TSB Announce that Coy Couples are missing out on Current Account Cash

Lloyds TSB has appear new abstracts that appearance while about three abode (72 per cent) of couples do accept a collective case account, over a division accept not to accompany armament financially admitting the actuality that in accomplishing so, they could accomplish their money plan harder for them.

Of those couples who don't accept a joint case account, two in 5 (39 per cent) say they either "don't assurance their accomplice to absorb responsibly" or "don't ambition their accomplice alive what they acquire or absorb their money on".

Those couples who do accept a collective bank account say they accept one for applied affidavit - 90 per cent say it helps them administer domiciliary bills and expenses, while 88 per cent aswell anticipate that as a brace they should allotment money. Over bisected (55 per cent) say it helps them to save money together.

Catherine McGrath, administrator of accepted accounts at Lloyds TSB said; "In these testing banking times, it's never been added important to accomplish your money plan as harder as it can for you. But, up until now, there has been no absolute banking allurement for couples to basin their accepted anniversary cash. The Lloyds TSB Vantage account* has afflicted this. It is the alone fee chargeless accepted anniversary on the top artery which pays up to 5 per cent acclaim absorption on balances up to ?7,000*, authoritative Vantage ideal for collective accounts, area two incomes are traveling in anniversary month."

Interestingly, whilst two in 5 couples accept some anxiety if it comes to administration their money with their partners, 90 per cent say they would appropriately "share advice on their debts".

However, it appears these anxiety appear additional to an befalling to accomplish added money, as about bisected (46 per cent) of those after a joint accepted account, say they would get one if they could acquire a bigger amount of interest.

Phillip Hodson, a Fellow of the British Association for Counselling and Psychotherapy, comments: "I anticipate some couples get affiliated with their fingers beyond if it comes to that bit about 'endowing thee with all my carnal goods' and they ambition to accumulate abundant banknote for themselves to escape if necessary."

About Lloyds TSB:
Lloyds TSB Bank plc and Lloyds TSB Scotland plc are authorised and adapted by the Financial Services Authority and signatories to the Banking Codes.

Lloyds TSB action a abounding ambit of banking casework including accumulation and investments, allowance and fee chargeless accepted accounts

Lloyds TSB Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065.

Notes to editors:
Research was conducted by ICM amid 5-7 September 2008 online with 584 affiliated or cohabiting couples.

* Vantage can be added to Classic which has no fee and Silver, Gold, Platinum and Premier which action barter a ambit of allowances for a account fee.
** If a chump doesn't pay in ?1,000 that month, goes overdrawn or uses their defalcation during the month, they will acquire the accepted absorption amount of 0.1% AER that month.

PR Contact:
Amy Mankelow
Lloyds TSB Press Office
25 Gresham Street
London
EC2V 7HN
020 7356 2021
www.lloydstsb.com

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