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  • FIRST POST
    • jimmeee
    • By jimmeee 11th Mar 17, 8:34 PM
    • 424Posts
    • 211Thanks
    jimmeee
    TSB Classis Plus
    • #1
    • 11th Mar 17, 8:34 PM
    TSB Classis Plus 11th Mar 17 at 8:34 PM
    Hi folks,

    I'm proper confused with the TSB Classic Plus accounts so hoping someone can point me in the right direction.

    I have had 2 TSB Classic Plus accounts for a while now. They were earning 3% (I think) for balances up to £2000. They also gave 5% cashback for using Contactless payments up to £5 every month on each account.

    I've realised now that they have stopped this in the last month or 2 and they now have a new Classic Plus account advertised on their website. However, to qualify for the new perks, it says you must have opened your account from 1 March 2017.

    What does this mean for my existing Classic Plus account then? Does it still earn interest up to £2k but without any contactless cashback perks? I also assume I don't qualify for the 2 direct debit £5 cashback either?



    Thanks

Page 1
    • masonic
    • By masonic 11th Mar 17, 9:12 PM
    • 9,126 Posts
    • 6,271 Thanks
    masonic
    • #2
    • 11th Mar 17, 9:12 PM
    • #2
    • 11th Mar 17, 9:12 PM
    They used to pay interest of 5% up to £2000. Now it's 3% up to £1500. The contactless cashback will have expired unless you opened your account after June 2016. None of the new perks will apply to you.

    Not sure of the reason for the . That's how introductory offers work.
    • jimmeee
    • By jimmeee 12th Mar 17, 9:09 AM
    • 424 Posts
    • 211 Thanks
    jimmeee
    • #3
    • 12th Mar 17, 9:09 AM
    • #3
    • 12th Mar 17, 9:09 AM
    They used to pay interest of 5% up to £2000. Now it's 3% up to £1500. The contactless cashback will have expired unless you opened your account after June 2016. None of the new perks will apply to you.

    Not sure of the reason for the . That's how introductory offers work.
    Originally posted by masonic
    Thanks for the clarification masonic. Appreciate it.
    • teddysmum
    • By teddysmum 12th Mar 17, 4:29 PM
    • 7,788 Posts
    • 4,613 Thanks
    teddysmum
    • #4
    • 12th Mar 17, 4:29 PM
    • #4
    • 12th Mar 17, 4:29 PM
    The new offer is not as good as you have to make 20 debit card payments per month, per account and that's a lot.


    Also, it's £5 for 20 spends or nothing, whereas the contactless 5% pays out on any amount up to £100, per account (if the atms play ball).
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